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Stocks that don't pay dividends are absolutely speculations. Flipping houses is absolutely speculating in real estate if you neither occupy them nor rent them
by braythwayt 7y ago
Stocks that don't pay dividends are absolutely speculations.
Flipping houses is absolutely speculating in real estate if you neither occupy them nor rent them out during the time you own them.
Not all forms of investment are speculations at some level. If I own a landscaping business and invest in a truck, I can drive it until it goes to the junkyard. I generate a return that hopefully offsets the depreciation, and I might not get even a dollar for it when I'm done... I may even have to pay to get it towed away.
- mdemare 7y agoBerkshire Hathaway does not pay a dividend - is it therefore speculation? Surely not - its valuation is based on it’s earnings.
- ProxCoques 7y agoAnd stocks that do pay dividends are also speculations because they might cut the divi the day you buy them, or their price might crash, or they might go bust. All investment is speculation. Bitcoin is no different in that regard to stocks of any kind.