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Dividend Stocks, Golden Geese and Swan Feathers
Business, Published on 19/01/2015
» What do geese and swans and dividend-paying stocks have in common? They are all assets that produce steady income (with some literary leeway). Aesop told of a goose that laid a golden egg every morning. Then its owner got greedy and killed it to get at the gold inside. He found none. A Buddhist parable tells of how the father of a poor family is reborn as a swan with golden feathers and allows the family to occasionally pluck a single feather for financial support. Then the mother grows greedy and plucks all the feathers. The feathers eventually grow back, but they are no longer golden. The stories illustrate the importance of securing a stable stream of income and safeguarding our income-producing assets from our own greed or shortsightedness.
Not-so-risky business
Business, Published on 26/11/2012
» It's a familiar disclaimer for anyone who has ever purchased stocks or funds: "Investment carries risk."