[Repeal The 17th]

"If you buy something like Bitcoin or some cryptocurrency any stock,
...You’re just hoping the next guy pays more...
And the next guy pays more because he thinks
he's going to find someone that's going to pay more."

[catnipman]

“If you buy any stock, you’re just hoping the next guy pays more”

not me ... i bought 12,000 shares of royal dutch shell for $24.00 (WAY below book value) during the big panic and will hold it til death do me part ... i bought it for the dividend and it’s paying me $22,000/yr, and have every expectation that will go up quite a bit ...