re: Some common myths about the markets that are untrue and/or 99% do not know

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they have decided for you that you should reduce your investment in them

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Ehh... You’re missing the point that people buy equity for different reasons.

Some prefer a mature company that has solidified itself in its industry. One that creates shareholder value through cash flow. Ideally, said company pays a dividend and increases the dividend to defend against inflationary effect, something bonds, generally speaking, cannot do.

The dividend investor should know the position isn’t a massive growth opportunity. But not everyone needs to reach for growth, some need income now.

You’re seeing tech companies begin to pay a dividend because some of them are maturing themselves. The rates are low because the valuation on some of these tech giants are extremely high, unlike some traditional dividend payers where valuations are more in line with historical norms.

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Look I am not saying dividend are bad- but when companies are booming and at their best, you do not want them giving you money back- you want them putting it back in the company.

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If capex is being stifled because a dividend is being paid, then I would certainly agree with you. But if the cash is just sitting in a low yielding pile on the floor, then returning it to shareholders is a better option. That seems to be something that Mr. Buffett and I agree on.

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One more way to look at it- do you want other people telling you when to buy or sell stocks? When a company pays a dividend (especially a large one) they have decided for you that you should reduce your investment in them.

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No, that’s a reach too far. The investor should still make a buy or sell decision based on underlying fundamentals, or whatever measure they care to use. Now, if it’s a case of a far above average dividend or one which suggests that the company is self-liquidating, that’s a buffalo of a different color.

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My OP came off as arrogant, I apologize for that. I respect most of your points, but again feel you are missing the logic here.

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Thanks, but no apology is necessary. I didn’t take your OP as arrogant. And I don’t typically get involved in the schoolyard back & forth that sometimes takes place on this board. I just felt that some of your points weren’t complete, or I happened not to agree with all of it. I don’t mind disagreements and am fine agreeing to disagree.

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And look no one knows the "real" person behind the usernames, is it maybe possible I am not an expert in this, sure, but maybe I am. Maybe I once reported to Warren Buffett at one of his subsidiary companies and am a CFA who overseas multi billion $ portfolios with an MBA from a top 20 school. Two truths and a lie?

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Very true. Over time, we can only get to know “who” we are, or what we’re about, by assessing each other’s subject knowledge. And at the same time, we must accept that people may have differing opinions and beliefs. IMO, that’s what supports healthy debate or discussion.

I don’t really speak about my education, successes (or failures ) in real estate and banking in the 80s and 90s or even how well it’s going for me now as a professional index options trader. I’m more likely to go off topic talking about cars or racing. The other would just come off as me puffing or bragging, and I see no need for that.

I have enjoyed this discussion though, even if we do not fully agree on this topic.

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And look no one knows the "real" person behind the usernames, is it maybe possible I am not an expert in this, sure, but maybe I am. Maybe I once reported to Warren Buffett at one of his subsidiary companies and am a CFA who overseas multi billion $ portfolios with an MBA from a top 20 school. Two truths and a lie?

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“Trust me bro”