The idea is that it narrows down companies on the ASX from a list of over 2500, to a much smaller list of companies that have increasing revenue.
An increasing revenue over time indicates that a company is growing it's revenue, that's all. My advice would be to then take that list and look into each company in more detail.
I've listed the P/E ratio as a quick metrics to quickly exclude those companies which are over priced.
When dividends are paid the stock price drops in exact lock step to the amount paid per share
Sure, but they're a way to extract an income from a stonk in an ongoing basis without having to sell shares. Sure, you have to pay tax but you over-estimate the tax bracket I'm in (for example).
companies paying high dividends are an indicator that they have no room to grow and therefore have nothing better to do with their capital.
That's fine. We're looking at a return on investment. If a company is returning a dividend but not growing as much as a smaller cap company, then there is the trade off.
It's been paying a regular dividend since 1993 of between 5-10% and it's share price has more than quantripled in that time.
Are you claiming it will exceed returns of the index in the future? On what the frame?
I made no claims. Personally I thought I'd take a gamble on it and try out my latest half-baked theory. I bought a whopping $700 AUD worth because I had some spare cash from a recent dividend payment.
Sounds great. Ubuntu works good out of the box. My only recommendation with Ubuntu is that instead of using 'Snap' checkout flatpak. Snap will update shit without your knowledge, or say so, and is 'closed'. Snap goes against the philosophy of a free and open system, where as flatpak does not. And flatpak provides just as many apps as Snap AFAIK.
Exactly. It's not capitalism, it's crony capitalism that sucks. Big business and government in cooperation is bad for us all. Truly free markets will still produce dickhead corporations, but competition allows good businesses to compete and give consumers better options.
Trouble is you've then got to re-open all of your apps again. As a developer I have about 10 different things open (including zellij sessions and panes). I've started just leaving my computer on 24/7. How much does it cost me per month? Better not think about it!
Trouble is that if you're earning money you have to pay tax on dividends earned. Dividends make sense when you're retired IMO
I'll need a coffee to read all that.
It's accelerating now. I hang out on App subs and people say shit like 'it took me a whole month to develop this app', some even do it in 'days'.
I've just released and it took me three years. I'm sure their apps are Ai slop, but that's what I'm competing with.
... profit!
The idea is that it narrows down companies on the ASX from a list of over 2500, to a much smaller list of companies that have increasing revenue.
An increasing revenue over time indicates that a company is growing it's revenue, that's all. My advice would be to then take that list and look into each company in more detail.
I've listed the P/E ratio as a quick metrics to quickly exclude those companies which are over priced.
Sure, but they're a way to extract an income from a stonk in an ongoing basis without having to sell shares. Sure, you have to pay tax but you over-estimate the tax bracket I'm in (for example).
That's fine. We're looking at a return on investment. If a company is returning a dividend but not growing as much as a smaller cap company, then there is the trade off.
take a look at bhp
It's been paying a regular dividend since 1993 of between 5-10% and it's share price has more than quantripled in that time.
I made no claims. Personally I thought I'd take a gamble on it and try out my latest half-baked theory. I bought a whopping $700 AUD worth because I had some spare cash from a recent dividend payment.
Bullshit. I don't believe you knew anyone that cool.
If there's a profit in it, I don't care!
Sounds great. Ubuntu works good out of the box. My only recommendation with Ubuntu is that instead of using 'Snap' checkout flatpak. Snap will update shit without your knowledge, or say so, and is 'closed'. Snap goes against the philosophy of a free and open system, where as flatpak does not. And flatpak provides just as many apps as Snap AFAIK.
Maybe. But like democracy being a terrible system, it's still better than the alternatives.
Exactly. It's not capitalism, it's crony capitalism that sucks. Big business and government in cooperation is bad for us all. Truly free markets will still produce dickhead corporations, but competition allows good businesses to compete and give consumers better options.
Shut up and take my money!
Trouble is you've then got to re-open all of your apps again. As a developer I have about 10 different things open (including zellij sessions and panes). I've started just leaving my computer on 24/7. How much does it cost me per month? Better not think about it!