RE:RE:RE:TFSA and coalYes the value of the company declines by a similar amount but it is hardly fruitless.
You instead get your fruit up front.
Just a different investment vehicle.
I doubt loops has any of either.
His reports are sketchy at best.
GLTA and Happy New Year
Oldnagger wrote: Chasing dividends is fruitless . As soon as the dividend becomes payable the value of the company declines by a similar amount.
Interestingly, however the true value of a company is based on the discounted value of all future dividends. Difficult for many to comprehend , however valid non the less . In other words , the value of the assets and their ability to generate profits which over time can be paid out as dividends. That often is a different story than whatever the current dividend rate may be