In the urban city where I reside, the city is built by the lake and on days when the temperature goes up, it is wonderful to go for a walk by the lake. While down at the lake, a stop was required at the park benches, it this case the view was an inner harbour protected by a breakwater. Given the temperature was expected and did go down fast there was a wind in the air. The waves on the lake did not seem to be high, but when they hit the breakwater, a few rolled over the top. It was a pretty picture and  showed the power of water.

Linking to dividend producing stocks – most of the time, the stocks are well protected by the breakwater known as competitive advantage. But all is not perfect, the water inside the inner harbour is affected by the waves in the marketplace. Dividend producing stocks have the advantage that they should be more secure with what happens in the market. However the breakwater over time, perhaps a long period of time, will be breached and something will change.In order to ensure competitive advantage remains, you need to evaluate your holdings every once in a while to see if the breakwater is in solid shape.

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