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Over the past three or four years, I looked at investment banks and companies that manage money for investors and determined that the firms had one thing in common...they paid dividends to their own shareholders that were very low ( from Zero to 3% yield on an annual basis ).
Aug 04 11:04 am
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All Comments by jjason »The Merrill Lynch Diet: Starving Shareholders [View article]
I asked myself " How can these firms advertise that they can manage my money and give me a decent return on my investment of 8%, in dividends, when they cannot pay their shareholders a decent dividend."
So I did not buy stock in any wall street firms. One of the Best Decisions I made.