Comments by "looseycanon" (@looseycanon) on "Why I Don’t Buy Growth Stocks" video.
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Here is an idea, why I'd argue, you should evade dividend yielding shares. I firmly believe, that a company in current age can find a problem to solve and sell the solution to a buyer or turn it into a franchising opportunity. We live in an era of overabundance of problems to solve, which is further bloated by perception of how pressing some of the problems are. In such a climate, I read a company paying out dividend as a sign, that the company doesn't want to grow and diversify it's revenue sources, making it less stable. As an investor, I understand the necessity of cashflow from investments, but I also believe, that if ones income is sufficient to satisfy immediate needs and there is sufficient cash in reserve, longer term things should be the focus of investing, which brings to the question, what the company you invest in does. Since dividend payouts harm company's ability to grow, I would not want that kind of money in dividend stocks.
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