Dividends and Extreme Weather part 2

One of the many books are written about the weather is called Extreme Weather by Bonnie Schneider, palgrave macmillan, New York, 2012. Ms. Schneider is a Meteorologist and her focus is a guide to surviving many types of natural disasters, for similarly to disaster planning on an individual basis most of us know about it but we really do not do. We have ideas, we tend to think our spouse would take charge and things will run smoothly similar to the way they were running before. However, if you were involved in a flash flood or tornado or hurricane or heat waves or snowstorms or tsunamis or something else and lost property what would you do? The reality is most of us would wing it and rely on our credit cards for a period of time. Many of us moved away from our immediate families to work which is a good thing, however it times of crisis do you know where to turn to? what agency would you look towards? In many disasters individuals have to help themselves first and then government and its agencies come later.

Linking to dividend paying stocks, on the checklist is having an emergency fund, a good idea is to invest the money in a monthly plan that grows and hopefully the disasters does not happen. The fund would at least ensure money is not going to be on top of the list, it should always be people first. Houses can be fixed or rebuilt, many people live in the same house for 30 plus years, but they sell it. If you buy a new car, you likely sold the old one – we are all capable of letting go stuff. Natural disasters just force us to do it sooner. He all hope for a long life of stability and the big action is on the TV screen either the news  in a far away place or in a fictional TV show. Even if the news is in a faraway place there is always a connection to the area in which you live, you may at first do not know about it, but it seems someone in the community is connected to the event. The world is smaller than you think it is.

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

Leave a comment