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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (17488)1/17/2003 11:26:17 AM
From: Kevin Podsiadlik  Read Replies (2) | Respond to of 18998
 
Well now just wait a minute here. You make it sound as if corporations, or rather the executives who run them, will be entirely irresponsible with the amount of dividends they choose to pay shareholders without the collar of double taxation keeping them leashed up. Are you that bearish on the competence of corporate America? Will four cents per share per quarter will kill Microsoft?

I also don't get how high savings rates are suddenly a bad thing. Wasn't it just a decade or so ago that Americans were roundly criticized for being relatively weak savers compared to the rest of the world? Is having money for retirement now undesirable?

Disagree too with "mostly wealthy individuals" unless you are using the Democrat definition of "wealthy" which includes almost any two-income home. 401(k)'s may have taken a big hit in recent years but they're still one of the biggest assets an average American has, and those collect dividends the same as any other equity account.