Originally Posted by
Baa_Baa
I get that, but if you did a risk analysis on all of the reliable dividends payers that most mum and dads invest into, you'd not invest at all. They're all going to be wiped out by earthquakes, tsunami, flooding, climate change etc. Likelihood = unlikely/rare, Consequence = major/devastating. But people don't do this analysis, it's too scary.
It's another example of folks who invest their money for the reliable and sustainable income and don't really care or even think about how that income is generated, all they care about is the income still comes in. Maybe also that their capital isn't decimated in the process, but even then, that income is precious, for many investors.