Saturday, July 29, 2006
MMMB: a scenelet
Surfer dude, how can you afford to do this?
Dividends...they eventually pay you back ALL your capital (see MO example) and then you just collect the annuity for forever into the future. As opposed to putting 20 grand into a nice car and not only not getting ANY money back (the car eventually depreciates to zero) but you have to put IN extra money (insurance, gas, repairs, lease payments, etc) to keep it and operate it.
Okay but nobody has the patience to WAIT long enough for the dividends to be meaningful like that. It'll take 20 years for you to get all your money back on a stock that pays a 3% dividend!
Moops, do we want this to be a conversation between EACH OTHER or between regular people (using our family members and friends as examples/metaphors--sufficiently disguised of course)? Or a combination of both?
Dividends...they eventually pay you back ALL your capital (see MO example) and then you just collect the annuity for forever into the future. As opposed to putting 20 grand into a nice car and not only not getting ANY money back (the car eventually depreciates to zero) but you have to put IN extra money (insurance, gas, repairs, lease payments, etc) to keep it and operate it.
Okay but nobody has the patience to WAIT long enough for the dividends to be meaningful like that. It'll take 20 years for you to get all your money back on a stock that pays a 3% dividend!
Moops, do we want this to be a conversation between EACH OTHER or between regular people (using our family members and friends as examples/metaphors--sufficiently disguised of course)? Or a combination of both?