I think it’s dangerous for more reasons than you even stated but nothing you said here is wrong.I’m not anti-stock…
I’m anti Disney being run to quarterlies…it doesn’t fit the product and will be the death of them…but different subject altogether
Stocks make sense. If I buy a share for $50…the company applies that “credit” through a variety of means to finance their production…to make more money. Pretty basic.
Then when I sell…I get the value over the purchase price as my “interest”/ reward for the time my original money was tied up.
Dividends…are not that. It’s the bankers delight: money paid on a schedule regardless of time or initial money invested.
Which means it’s dangerous. A reminder: the most powerful/destructive drug in the history of the world is the human for the American dollar…
…until something worse comes along