Similar to many people, the author belongs to organizations that typically meet from September to June with the summer months off. In over 15 years of working, the chance to take all summer off has never occurred but the organizations do not meet during the summer. Last year one of the groups did a poll to see how many other people had the opportunity to take the summer off, only a couple did. The rest of the people might take a couple of weeks but after that it was still work as usual, it was just warmer outside. This was not always the case, in the TV shows or movies where you see people riding in carriages or horses, the reason people left the city was horse manure. There were lots of horses in one concentrated area, the city must have smelt like the stables. Not surprisingly, people wanted to leave the city for fresh air. As time went on to when many people worked in the manufacturing business, there was a summer shutdown because of retooling and likely little air conditioning. Looking at the office towers were many in the service sector work, there is little reason to shut down for the summer, although the concept of taking summer off is inviting.
Linking to dividend producing stocks, while every business tends to have seasons where greater income flows should be made, the companies to invest in make money in all quarters. There is all likelihood be some retooling in the summer, but time lines change although institutional perceptions change slower. When you look at dividend producing companies, consistency profitable over the years is a wonderful thing, including profitability in the summer.
There are more questions than answers, till the next time – to raising questions