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Drop Out of Your 401k
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<blockquote data-quote="59 Dano" data-source="post: 857528" data-attributes="member: 23516"><p>Hang on, dude. I think you're waaaaay mixed up about dividends, stock prices, and mutual funds and how they interact. FDX's profit/loss doesn't mean squat to any mutual fund that doesn't include FDX stocks, and most mutual funds don't. A mutual fund doesn't buy the stock to get the dividend, it buys it for the perfomance of the stock; any dividends (if any) go to the person who buys the fund (you).</p><p></p><p>No argument about maximizing profit. That's what we all do, you and I included.</p></blockquote><p></p>
[QUOTE="59 Dano, post: 857528, member: 23516"] Hang on, dude. I think you're waaaaay mixed up about dividends, stock prices, and mutual funds and how they interact. FDX's profit/loss doesn't mean squat to any mutual fund that doesn't include FDX stocks, and most mutual funds don't. A mutual fund doesn't buy the stock to get the dividend, it buys it for the perfomance of the stock; any dividends (if any) go to the person who buys the fund (you). No argument about maximizing profit. That's what we all do, you and I included. [/QUOTE]
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