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by rlayton2 2517 days ago
Yeah, I don't think it is true - as a secondary function, shares can occasionally give dividends.
2 comments
fsloth 2517 days ago
Funny you say as a 'secondary'. Dividends are the main reason I personally like stocks as long term investment.
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H8crilA 2517 days ago
According to Rober Shiller's long term data on the American stock market - from 1871 to 2019 the stock market advanced by 2.323% yearly on average without dividends, and 6.836% yearly on average with dividends reinvested. Both figures after inflation. That amounts to total gains of 2'900% and 1'780'000%, respectively.

https://dqydj.com/sp-500-return-calculator/

Dividends make a massive difference. It's in fact not a secondary but a primary driver of long term profit.

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onion2k 2517 days ago
shares can occasionally give dividends

Shares don't give dividends. Companies give dividends. Shares are just how they work out who to give the money to.

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