Quote:
Originally Posted by redpoint5
...which is why I'm always questioning the utility of the stock market. You get a 1-time capital boost for the company selling stock, and then an infinite amount of trade activity afterwards that produces nothing of value.
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Companies are full of very smart people trying to make money, generally (outside that financial sector) by producing goods and services. Buy stock in one of them that pays dividends instead of one that's simply a place to park your money until its market value goes up and you cash out. You should feel less dirty that way.