Around the word, the first conversation between people has to do with the weather. Many days are nice and wonderful, some days are too something either hot or cold and then extreme weather happens. It used to be every 25 years, but now it seems extreme weather is happening every couple of years and maybe every year. Not surprising books are written about the weather and one of them 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. Part of it is planning and part of it is luck. What we do know is extreme weather has a habit of dislocating normal routines after the natural disaster is over. For example, if there is flooding and you own a property, the water will have gotten into the house and it will take a long time to clean it up. No matter what type of extreme weather – it often involves some people dying and a desire by the survivors to talk about more education or what to do when something of that nature affects their community. If you need help with a check list – Ms Schneider’s book offers several chapters on things you can and likely need to do in advance of Extreme Weather and some of them are things you can do even if you do not normally get extreme weather or it is a useful checklist no matter what type of weather is going on.
Linking to dividend paying stocks, if the business world because people have bosses, many types of plans are made and tested. What happens to the company’s operations if extreme weather happens? What are the back up systems? What is the normal time to be in reasonably normal operations again. Planning has taken place. We expect company’s to have made many plans to offsetting the negative impacts extreme weather has on the company and maybe even to take advantage of opportunities if the competition has been affect more than normal. If it is good enough for the company to have plans, it follows it is good enough for the individual. If extreme weather happens and the company is not prepared or manages at a below par level, it is time to look for other alternative dividend paying companies.
There are more questions than answers, till the next time – to raising questions