werfds

"We don't talk about the lack of affordable AAPL shares do we? That's insane, it's an investment, we want it to go up. The less affordable, the better!"

I've always found our obsession with stock price amusing. It's the dividend that technically matters (and, with risk and growth potential, what ultimately should be setting the stock price).

When you sell your stock at a gain it just means that, while you owned it, the expectations of future dividends has done up. You're just bowing out of the future returns to enjoy them today.

So, seeing how people need retirement funds as well, expensive [0] AAPL means people can't afford to fund their retirement.

[0] What does "expensive" mean when shares are, individually, kinda cheap? First the fees to play are very high, unaffordable to low-income people. Second, it means that returns, interest rates, are low (price = return / interest rate as a quick rule of thumb).

So yea, we should be complaining that, not AAPL but financial instruments, are expensive!

No, but if we're forcing the kids to have clear backpacks because of an infinitesimal risk, we should ban them from biking to school, being driven to school and playing in the school football team.

Which is ridiculous.