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I buy a liquor store for $1 million. A year later someone offers me $1.25 million for the liquor store. Would you argue that my million dollars was doing noth
by JackFr 5y ago
I buy a liquor store for $1 million. A year later someone offers me $1.25 million for the liquor store. Would you argue that my million dollars was doing nothing?
The income the liquor store earned was income on my $1 million. The $250,000 may have been because of a change in tastes for liquor, or improvements I've made to the business through efficiency or reinvesting the icnome.
But what of the original owner who took my $1 million. He is retired and he has most of it in the bank (who will use it to make loans) while he spends the rest over the years as his retirement income.
The share of Apple is no different.