If you hang around investing forums long enough, you’ll eventually meet two types of people: the dividends-are-life crowd and the dividends-don’t-matter theorists. One side celebrates every quarterly cash drop like it’s a birthday. The other insists dividends are just accounting tricks: nothing more than shifting money from one pocket to another. Here’s the twist: both are right, just in different ways. To show why, we’ll do something a bit more rigorous than arguing on Red
If you hang around investing forums long enough, you’ll eventually meet two types of people: the dividends-are-life crowd and the dividends-don’t-matter theorists. One side celebrates every quarterly cash drop like it’s a birthday. The other insists dividends are just accounting tricks: nothing more than shifting money from one pocket to another. Here’s the twist: both are right, just in different ways. To show why, we’ll do something a bit more rigorous than arguing on Red