The universities have formally graduated their students for another year and the first part of summer begins. The second part is starts when public and secondary schools are closed down at the end of June. For generations, the common saying has been and continues to be – one of the best methods to ensue your livelihood is through education – both formally and continuing education after graduation. Likely the continuing education will be more job related, but all levels of education are good. The evolution of the saying was more pronounced before the second world war, when only a minority of students went to postsecondary education. Many people had jobs which involved the use of their bodies, their arms, and legs. As society changed the newer jobs involved the mind and fingers. For the newer jobs, post secondary education was considered more important. It was after world war II, the government sent many of the returning veterans to post secondary education while being paid. This caused the growth of many of the post secondary education institutions which caused the children of the veterans to see going to post secondary education as a viable option. The expected work was different than using your arms and legs, although the money was not necessarily higher. If you look at the people who earn money in the trades, which has a history of on the he job training education, many earn more than those with post secondary education.
Linking to dividend paying stocks, as someone who has gone through the post secondary education route and am bias that way, education offers continuing dividends in the future. It may or may not give you a upper income living, but it will offer you perspective on what happens in the world. You maybe more cynical about the world or happy to play a part – helping your clients meet their challenges they face. You may discover your parents or grandparents were correct in their thinking- slow but steady dividend payments which use the power of compound interest; living within your own means, enjoying life and your family; learning to use the free or the resources in the community; and doing good are rewards to aim for.
There are more questions than answers, till the next time – to raising questions