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by akerl_ 27 days ago
When was the payoff of a stock not from selling it later?
2 comments

> When was the payoff of a stock not from selling it later?

This is such a funny comment, historically you bought stocks to extract profits, ie dividends. Now you make money from houses and stocks by value appreciation instead of rent and dividends, you can see how that leads to very different behaviours and how that is not very stable compared to buying based on rent and dividends.

Yeah, I'm kind of in shock that anyone would think this is the normal way things always worked. I'm not that old yet, I was born in the 90s!