There is a certain romance to the idea of catching dividends like fireflies in a jar. You swoop in before the ex dividend date, collect the payout, and leave before anyone notices. Dividend capture, as a strategy, promises something irresistible: income without commitment. In a bear market, when prices are falling and portfolios are bleeding, […]
Dividend Capture vs. Buy and Hold: Which Wins in a Bear Market? Read More »
There is a particular kind of investor who checks their brokerage account on dividend payment day the way a child checks under the pillow for the tooth fairy’s deposit. The money appears. It feels like a gift. It feels like the company reached into its vault, pulled out some cash, and handed it over as
The Mathematics of Why Dividends Are the Least Efficient Way to Get Paid Read More »
There is a particular magic trick in finance that hides in plain sight. It involves no sleight of hand, no back room dealings, and no regulatory violations. It sits right there in the quarterly earnings reports of Business Development Companies, printed in clean black ink, fully disclosed. And yet most investors walk right past it
PIK Income: The Hidden Accounting Trap in Your Favorite BDC Read More »
Your brain doesn’t care about your retirement account. It cares about what happened in the last three seconds. This fundamental mismatch explains why millions of rational, educated people with good jobs and solid futures find themselves refreshing their trading apps at 2 AM, watching a stock that represents 0.3% of their portfolio move by pennies.
Dopamine vs. Dividends: The Neurological Reason You Can’t Stop Day Trading Read More »
There’s a particular breed of investor who checks their brokerage account the way some people check their pulse. They want to see that dividend hit. They want confirmation that their money is working, that capital deployed is capital rewarded. And nowhere is this impulse stronger than among those who invest in business development companies. BDCs
Is Your Dividend a Return of Capital or a Return on Capital? Read More »
There’s a strange ritual in corporate finance where companies decide what to do with their profits. They can hand the cash directly to shareholders via dividends, or they can buy their own stock back from the market. One feels like getting paid. The other feels like a magic trick where your slice of the pie
Dividends vs. Buybacks: Which One Is Actually Putting Money in Your Pocket? Read More »
The numbers seem to make no sense. Ten is larger than eight. A bird in hand beats two in the bush. Cash today trumps promises of tomorrow. And yet, the most successful investors often choose the smaller number, the distant hope, the unrealized gain. This paradox reveals something deeper than spreadsheets can capture about how
The Case Why to Choose 8% Growth Over a 10% Dividend? Read More »
You probably think the internet is free. You open your laptop, connect to WiFi, and suddenly have access to the entire world. No toll booths. No admission fees. Just pure, democratic access to information and entertainment. Except someone owns every inch of it. Every email you send travels through cables owned by someone. Every video
Digital Rent: How to “Own” the Internet Infrastructure Through Dividends Read More »