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Investment Strategies / Index Investing
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Author: rayvt   😊 😞
Number: of 230 
Subject: Re: Bonds
Date: 09/12/2025 10:55 AM
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The percentage yield is not the money you're getting. You're getting $3 every year, regardless of the yield.


Right.
I have this argument every time with people who go on about "yield on cost" nonsense.

Stocks (and bonds) don't pay a yield, they pay a dividend.
Yield is just an artificial thing that we compute by dividing the cash dividend by a price.
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