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IWETHEY Home / IWETHEY Board / Money, Financials, and Economics Forum / Re: Why would anyone buy stocks if there were no market ...
Post #386,445
by drook
Picture of drook
2/14/14 12:03:52 PM
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New Re: Why would anyone buy stocks if there were no market ...
Why would anyone buy stocks if there were no market through which to sell them ...

For the dividend. You share in the profits of the company. That's why they're called "shares".
--

Drew
Post #386,450
by Andrew Grygus
Picture of Andrew Grygus
2/14/14 12:26:18 PM
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New Dividends are fine - but . . .
. . it's going to be a loooooooooong time to even break even if you can't recover your principal - and for that, you need an active market.

Well, you could pass the investment on to your descendants if you're into that, but what if you have a sudden need for cash? For that you need a market.

I get calls every week from guys trying to sell me shares in oil and gas well drilling. The returns can be pretty good, but I'll have nothing to do with them, because I know it's almost impossible to cash out.

I've also carefully read the terms for these, and other private placement investments (medical stuff, etc.). The company has all the rights, and the investor has practically no rights at all.

On the open market you buy and sell as you please - the company and it's terms aren't involved at all.

Liquidity is king.
     This has so little to do with productive commerce - (drook) - (12) - Feb. 13, 2014, 12:49:39 PM EST
         they were a runner for the bookies nothing wrong with that - (boxley) - Feb. 13, 2014, 01:50:54 PM EST
         What does anything done on Wall Street contribute? - (mmoffitt) - (9) - Feb. 13, 2014, 03:34:46 PM EST
             Re: What does anything done on Wall Street contribute? - (Andrew Grygus) - (8) - Feb. 13, 2014, 04:46:42 PM EST
                 Pervese nature of collectibles - (drook) - (7) - Feb. 13, 2014, 04:54:15 PM EST
                     Why? - (Andrew Grygus) - (6) - Feb. 13, 2014, 06:41:30 PM EST
                         Re: I have to pay taxes on the gain - (a6l6e6x) - Feb. 13, 2014, 07:49:26 PM EST
                         Re: If you are logical and very careful. - (mmoffitt) - (4) - Feb. 14, 2014, 08:28:55 AM EST
                             There's gambling and there's gambling. - (a6l6e6x) - Feb. 14, 2014, 10:49:10 AM EST
                             And how exactly does this differ . . . - (Andrew Grygus) - (2) - Feb. 14, 2014, 11:04:25 AM EST
                                 Re: Why would anyone buy stocks if there were no market ... - (drook) - (1) - Feb. 14, 2014, 12:03:52 PM EST
                                     Dividends are fine - but . . . - (Andrew Grygus) - Feb. 14, 2014, 12:26:18 PM EST
         Mutual funds and private equity firms benefit. - (a6l6e6x) - Feb. 13, 2014, 04:01:11 PM EST

Reply with that mantra and - I won't ever be seeing your unread gloat.
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