Hot Diggity Dividends!

In addition to mortgaging the past, present and future, bringing us scourges such as "sexual harassment," the EPA, "going green," "feminism," "global warming," the "ozone layer," the "housing bubble," the "dotcom bubble," the 'education bubble," "progressive certification," accounting scandals and an infinite amount of other socio-economic-political crap that has essentially destroyed the country, you can thank the Boomers for one additional thing and that is flooding the stock market with so much retirement dollars it makes it impossibly unaffordable for anybody else to be buying into stocks right now.

Regular Cappy Cap readers will already be familiar with the chart below, but as a refresher, the chart below shows you what's called the "dividend yield." This is the rate of return you can expect from dividends as a percent of the stock price. The reason this is important is because the ONLY real return you get from a stock is dividends. The ONLY thing a stock pays a shareholder is dividends. The ONLY reason you should invest in a stock (long term) is dividends.

And thanks to trillions of dollars flooding the market, you now get a WHOPPING 2% rate of return through dividends!

Bullets and Rumpleminze would make for a better (and more fun) investment.