Listening to the radio one day, a producer of a new podcast was the guest. The podcast is called Someone Knows Something about police cold cases or crimes that have not been solved. In the interview the host of the Current asked Adrien McNaughton how does your team pick the cases to work on? There are many unsolved police cases – many of us have seen TV shows which focus on them or the question is how do you narrow the information? Mr. McNaughton said his group look for 3 pillars as a base. An interested family member (because if they find something the family will be in the news again); law enforcement interest where they can share information and possible suspects. With these pillars, jogging memories, going back through procedures, having fresh eyes see can lead to more research and possible solutions.
Linking to dividend paying stocks, as generalist people we do not know about everything, but they can understand the process. How does it work and what steps lead to narrowing the field to concentrate on the best prospect. In your investing world, unless you only buy index funds, eventually you have to pick one stock over another one. Learning the process is half the battle; the bias in this blog is to start with dividend paying companies because they are profitable companies. Profitable companies stocks will go up and down as the market goes up and down, but you will lose less and gain more over the longer term.
There are more questions than answers, till the next time – to raising questions.