It is true that dividends, rather than capital appreciation, have provided a big chunk of long-term equity returns.
He extols the making of music rather than its appreciation, and hails the eager amateur over the jaded professional.
Studies suggest that the weight given to property should be at least 20% of a portfolio, depending on investors' risk preferences and time horizon.Second, a large part of the return from property comes from income rather than capital appreciation, so it appeals to pension funds and insurance companies which require a steady income flow to finance their liabilities.
But, in the case of "The Divine Comedy," and perhaps other epic poetry — the Odyssey comes to mind — the approach is a perfect marriage of medium and message, launching the reader right into the allegorical action, heightening rather than dulling appreciation and comprehension.
Graham proposes that our optimal engagement with architecture consists in "appropriation" rather than simple appreciation; we imagine our use of the built structure given its aesthetic and other merits.
For investors who want to stick with stocks, Ned Notzon, a comanager of several T. Rowe Price funds, suggests equity income funds, which invest in stocks where a high proportion of the total return comes from dividends, rather than capital appreciation.
Currency appreciation, on the other hand, worked with brutal speed.In seeking gradual inflation rather than abrupt currency appreciation, the SNB was therefore helping the country's exporters.
This inevitably distorts rather than enhances our appreciation of great work.
He specifically blamed the white critic — and, I understood, the white listener, such as myself — for the failure to concentrate on the blues and jazz attitude rather than his conditioned appreciation of the music.
