Hunger as investment inspiration... ?
Ok, so admittedly my article today -- 7 Dividend Stocks Worth Owning -- wasn't inspired by drooling daydreams of cheese steaks, but the exploration of cheese steaks was inspired by a dinner that left me wanting last night.
However I think there are certianly ways that I could stretch the analogy a bit further:
- Dividend stocks and cheese steaks have a good recipe going -- don't mess with it. If you hand me a Philly cheese steak with gruyere cheese on it I won't ask any questions, I'll just throw it right in the trash. Call it a wagyu steak sandwich with gruyere and I might try it, but don't you dare call it a cheese steak. I don't need anything flashy and forward-thinking in my dividend stocks either. Give me stable businesses with a history of reliable payouts and payout growth.
- Unless you have cholesterol or blood pressure issues (which I guess, sadly, does cover a lot of people) a Philly cheese steak is a treat that can be enjoyed by just about anyone. Don't try to tell me you're a vegetarian. Eat a Philly cheese steak, you'll love it. Similarly, dividend stocks aren't just for widows and orphans -- they're an investment dish that can be enjoyed by all.
- If you go into a fancy place with crisp, white table linens and waiters that call you "sir" and "m'am" and they have a cheese steak on the menu, it's probably lousy. Your best cheese steaks are found by scouring hole-in-the-wall-type joints. I don't think anyone ever said that Geno's has a beautiful building. Similarly, the best dividend payers are usually not going to be your fancy, flashy companies. In the article today I highlighted companies like Illinois Tool Works, Alliance Resource Partners, and Owens & Minor. Not exactly exciting ice breakers at the neighborhood pot luck, but good dividend payers.
- While I often prefer my cheese steak in all of its natural glory, it's hard to go wrong with adding ketchup -- after all, ketchup is one of the few foods that perfectly balances sweet, salty, bitter, sour, and umami. Similarly, most dividend stocks are better with ketchup on them... Just checking to see if you're still reading. No? Ok, I'll stop here then.