Quote:
Originally Posted by mikesal57
PA....He's picking on me...  |
Just so you know.... Dividend's don't mean anything. My father was the same way... always looking for dividends. "it has a drip program"
you want to know where the money they're distributing is coming from. The realitiy is... not many people even look at financial statements... and if they do... simply look for the bottom line and say "wow" dividends.
What's more important... is where that money is coming from. Why they are able to pay money out.
Think of financial statements as PP's. if you're not reading them... you're no better then the shmuck at otb betting his birthday and wheeling it with the date and time of his last winning bet. That's my opinion though.
At current... if you're not worried about quantative easing 4&5 and the feds balance sheet... you should be worried. these are lines in the sand... they tell you how far things have gone.
