Just about everyone has more than one pair of shoes, some people need closets for theirs. When you have more than one pair of shoes, you tend to have a favourite. If you are remotely similar to me, you do have a favourite. One of my favourites is an old pair of loafers than work well in the winter as slippers. The other day, it was noticed the shoes needed repair, in an earlier stage they would have gone to a shoe repair place. However the repair bill would be worth more than the shoes are worth, but the shoes are still wearable and have lots of goodwill and wear in them. A do it yourself repair of a  a stitch or two was done, to make them last for another 6 months and maybe even longer.

Linking to dividend producing stocks when something works, why change it drastically? Although it is important to examine if you are getting what you expect  and if you are, it can be good. In a recent study dividend producing stocks went down less than the market index, bounced back sooner and did better than index in an up market. The reason is the dividend payment provides ensures a minimum stock price, and when the market goes up, the profit making stocks always go up first. What you miss is not the  stock that goes up 4 times or more in a short period of time.If you can live with losing less and gaining more, then dividend producing stocks is something you should have your money in.

There are more questions than answers, till the next time – to raising questions