Dividend Paying Stocks: You Only Have to Be Lucky Once [View article]
Devin,
That's a great original and thought provoking article. Without dividends, stock markets do look like a giant ponzi scheme, where the greater foll theory is in full effect. With dividends and reinvestment however, stock market look like a sound investing practice for long-term wealth accumulation.
The etf that covers Dow Industrials (DIA) closed 1998 at 91.53. The closing price for 1999 was 115.19.
Since the end of 1998 DIA has distributed $20.03 in dividends/share Since the end of 1999 DIA has distributed $18.36 in divs/share
In 1999 DIA distributed $1.67 in dividends. In 2007 it distributed $2.75. I would say that investors didn't do as bad, although not as good as in prior decades.
Dividend Paying Stocks: You Only Have to Be Lucky Once [View article]
That's a great original and thought provoking article. Without dividends, stock markets do look like a giant ponzi scheme, where the greater foll theory is in full effect. With dividends and reinvestment however, stock market look like a sound investing practice for long-term wealth accumulation.
The Dow's Lost Decade [View article]
Since the end of 1998 DIA has distributed $20.03 in dividends/share
Since the end of 1999 DIA has distributed $18.36 in divs/share
In 1999 DIA distributed $1.67 in dividends. In 2007 it distributed $2.75. I would say that investors didn't do as bad, although not as good as in prior decades.