Soldato
- Joined
- 15 Feb 2003
- Posts
- 10,141
- Location
- Europe
US tech and life insurers, not sure why you even compare them.
I think it's the argument, steady returns (dividends) vs potentially rapid growth. It's only really been from 2016 onwards when tech began to kick off. If you check MSFT it was relatively flat for a long time.
A lot of people probably invested in high dividend paying stocks like LGEN and enjoyed dividends in the region of 7-8% when interest rates were near zero and tech wasn't really doing much.