this post was submitted on 17 Aug 2023
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Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment (arstechnica.com)
submitted 1 year ago by merridew@feddit.uk to c/technology@lemmy.world
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[โ€“] dezmd@lemmy.world 0 points 1 year ago (1 children)

A stock represents a share in the ownership of a company.

It has no inherent requirement that a company 'make things' or produce dividends.

[โ€“] aesthelete@lemmy.world 0 points 1 year ago* (last edited 1 year ago)

Sure you can invest in companies that make nothing, have no actual value, and pay no dividends... In which case you'd be investing in something a lot more like crypto.

Or you could, you know, not invest in crappy companies nor speculative assets and spend more than five minutes "researching" a thing before sinking significant money into it. Most reputable companies pay dividends and you can even look up the average dividend yield of the stock over years.