>I only need to point out the many companies that don't pay dividends and yet are widely accepted as investments.
Your logical error is in assuming that if a company that pays no dividends now is considered a good investment, then that must mean that investors don't care if that company never pays dividends. On the contrary, investors don't care if Google pays dividends now, because every dollar Google doesn't pay as a dividend gets reinvested in the company, or at least kept as cash, which enables them to pay more dividends in the future.
If Google simply kept that money forever, that would make it into some weird ponzi scheme that the world has never seen before (and we would have to wait until the end of time to find out). Back in the real world, companies typically do, as your yourself imply, eventually stop growing and start paying dividends.
>you have no idea to whom you are speaking, how I made my fortune, and you are certainly not in a position to lecture anyone about equities.
No one gives a shit about your fortune. I'm done with this, but next time try reading what you are replying to carefully, instead of just blasting out facts.
Your logical error is in assuming that if a company that pays no dividends now is considered a good investment, then that must mean that investors don't care if that company never pays dividends. On the contrary, investors don't care if Google pays dividends now, because every dollar Google doesn't pay as a dividend gets reinvested in the company, or at least kept as cash, which enables them to pay more dividends in the future.
If Google simply kept that money forever, that would make it into some weird ponzi scheme that the world has never seen before (and we would have to wait until the end of time to find out). Back in the real world, companies typically do, as your yourself imply, eventually stop growing and start paying dividends.
>you have no idea to whom you are speaking, how I made my fortune, and you are certainly not in a position to lecture anyone about equities.
No one gives a shit about your fortune. I'm done with this, but next time try reading what you are replying to carefully, instead of just blasting out facts.