> At 11:59 AM 11/2/01 +1200, Steve Baldwin wrote: > >My understanding is that the dividend doesn't exist in the US. You > >buy stock at the current price and only make a gain when you sell it > >at (hopefully) a higher price. > > No. We are getting pretty far outside the list subject; initially the > relevance is software maintenance, which is, arguably, within the > topic. But to clean up this detail, U.S. stocks do pay, if the company > chooses, dividends, it is just that in the madness of the last few > years, dividends were considered pitiful creatures and only wimps were > interested in them. > > Capital gain, if from a period longer than I forget, a year?, is taxed > at lower rates than are dividends
Thanks for the explanation. That makes a lot of sense. Sorry for the misinformation and dragging the thread off the topic. We can now return to the bleeting and moaning. :-) I may as well add my two cents. When 99SE was released, there were some useful additions but nothing that really made a difference to my productivity until Camtastic was added. As soon as that happened, I spent the money. However, sending off a check and then waiting to see what will turn up sometime in the next year (maybe) is closer to gambling than a business decision. I've played that game before and ended up changing to Protel. Once burnt...... Steve. ====================================================== Steve Baldwin Electronic Product Design TLA Microsystems Ltd Microcontroller Specialists PO Box 15-680, New Lynn http://www.tla.co.nz Auckland, New Zealand ph +64 9 820-2221 email: [EMAIL PROTECTED] fax +64 9 820-1929 ====================================================== * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * To post a message: mailto:[EMAIL PROTECTED] * * To leave this list visit: * http://www.techservinc.com/protelusers/leave.html * * Contact the list manager: * mailto:[EMAIL PROTECTED] * * Forum Guidelines Rules: * http://www.techservinc.com/protelusers/forumrules.html * * Browse or Search previous postings: * http://www.mail-archive.com/[email protected] * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
