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Chart of the Day

By Matthew Yglesias on May 22, 2009 at 4:01 pm

"Chart of the Day"

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Equities are usually a good long-term investment. But, um, not always:

stocks-1

On the other hand, there are dividends. And in some respects it seems to me that it would be better if people thought of stock market investing primarily in terms of purchasing a share of a given firm’s dividends than primarily in terms what amounts to gambling.

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