bearfund

Why I Prefer Dividend Paying Stocks

Oh, and jswede, you're correct that we're all looking for total return. The problem with your thinking is that any investor or position trader with a horizon farther out than a couple of months MUST price all his deals and dividends in gold. Across the broad market, capital gains consist almost entirely of monetary expansion and are illusory. If you track your gains and losses in dollars, you will be deceived by the central bankers into believing you've done far better than you really have and will pursue inefficient and even losing strategies in the false belief that they are sure winners.