Reading the newspaper, someone trying for political office said, I do not have great experience at the job, but I do have street smarts which I will bring to the job. What streets’ smart means is likely a different question, but with all job interviews the idea is to change a negative into a positive. For investors street smarts means different things from the literal meaning – if you invest in stock with retail operations – go into the store and check out the offerings. Is it what you expect? does the product move where you are? are the margins healthy at the price offered? All those questions and more offer you insights into the company. Street smart can mean how you “fight” the competition? what methods do you engage at trying to win over sales – it does not always mean spending a lot of money.
Linking to dividend producing stocks, street smarts is one of those terms which means a number of things to different people or we all have it. In your weekly life, you will have many experiences which you gather information from. These items which you layer on top of another layer help you make connections allowing you to make decisions. With dividend producing stocks you add in the protection of barriers to keep yourself focused and monetary on track.
There are more questions than answers, till the next time – to raising questions.