Dividends and Gone Fishing

Last weekend the summer was shining and off to the fishing pond was on the agenda. The song Gone Fishing was on my mind for two wonderful singers sang it – Louis Armstrong and Bing Crosby. My skills are limited for my attendance is more yearly than anything else, perhaps in the future it will change. After fishing with the group in which no fish were caught on my line, a radio interview caught my attention about how a fisherman fishes. The first step is look at the fishing spot – observe it and see where the fish would likely be, practice patience and seeing what is there. What you are looking for is the ideal place where fish tend to be. If you see a ridge near the drop off of the river bank or lake, the fish are hiding from the insects they eat but looking up to see them. If you think about the process there is a system to it, maybe later in the year the theory will be put to a test.

Linking to dividend paying stocks, with the stock market there are some ebbs and flows to it and many people have a system and once in while they all work. You can operate without one, and similar to going fishing you may catch you a fish, but not always. In reality all you need is a pole with a string and hook on the end. On the other hand if you have a system which allows you to fish where the fish should be or normally are, you will have greater success. Learning about the markets and aiming for consistency for a return on your investment can easily lead you to stocks which pay dividends and offer capital gains.

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

Leave a comment