When you enter you home the first thing you see is the front hallway, in the author’s case the colour has not changed in a number of years. There was no particular reason to change, except once a year there is a desire to paint something. If you were to paint your hallway – there is a great deal of choices in terms of paint colours and one time I brought a picture and asked for a colour. To narrow down the colour will take some time and consideration – depending on the size of your job the paint stores have software where you can preview your colours just to make sure. Having decided the colour – the next aspect is the preparation to paint – stuff has to be removed from the walls, floor boards need to be taken off to be painted (perhaps a different colour), the wall may need sanding to smooth it over, the green tape has to be put on the wall to keep the paint in between the lines and the newspapers are put on the floor. None of this is hard, but if you do not do it, the telltale sales are easily found. The colour of the paint is put on the wall and it feels good. You wanted a change and produced a change and now you need to live with it unless a desire to paint a different colour.
Linking to dividend paying stocks, the new colour which you wanted gives you a satisfaction each time you enter the house, similar each time a dividend paying stock pays the dividend there is satisfaction in your bank account or brokerage account. Over the years the colour continues to give you satisfaction and depending on the colour it could even be considered fashionable to have. However before you put paint on the brush, you did homework, similar before you bought the stock you did your homework and as your choose well, the results over the long term will be an increase in your net worth.
There are more questions than answers, till the next time – to raising questions