Just wondering , Do we buy LEO for dividends or we earn that LEO that is distributed in dividends.
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A lot of the LEO that goes out as dividends has been bought across the week. Much of our investments aside from LEO pay out HIVE rewards. Each day I collect those payouts, and trade them to LEO.
The income report for each wallet shows how much the LEO income is after it is converted from HIVE (or HBD).
Using this report as an example, we bought over the week 835.781 LEO from non-LEO income. Some did get sold (401.484 in this weeks example) but every week we are a net buyer of 400 + LEO. LBI is good for the LEO economy.