The title refers to a book about small towns within a couple of hours drive from where the author lives. Over the years many of the towns have been visited and it was good to read about their early years. All the towns grew up in a similar fashion with people either having a land grant or someone buying the land and the need to improve it. Over the years the towns made the tranformation from rural needs to a service economy with government services providing the stablizing base.
Linking to dividend providing stocks the same consistently sustaining activities which keep small towns viable are necessary to look for with stocks. Many towns have made changes over the years often times there was a fire, economic changes, people change and the town keeps going. With your stock there will be changes, but if there is consistent sustainability it is worth the investment.
There are more questions than answers, till the next time – to raising questions