Golden Geese

DEFINITION of 'Golden Geese'

A source of lots of money, such as shoppers who are expected to spend a lot or high-income earners who are expected to pay a lot in taxes. Golden geese could also refer to hot investments that are expected to yield a high return and into which investors might jump without thinking rationally.

BREAKING DOWN 'Golden Geese'

This term may trace its roots to one of two sources. The first is Aesop's fable of the goose that laid the golden egg, a cautionary tale against greed. Instead of being satisfied with the small but steady wealth offered by the goose, the couple who owned the goose killed it in an attempt to extract all its gold at once and ended up with nothing. The second is the Grimm Brothers' fairy tale, "The Golden Goose," in which a man is rewarded for his generosity with a goose whose feathers are made of gold. When other people try to pluck the bird's feathers, they are punished for their greed: the first becomes stuck to the goose, and the other people become stuck to each other.



RELATED TERMS
  1. Golden Coffin

    A lucrative death-benefit policy given to top executives. A golden ...
  2. Golden Parachute

    Substantial benefits given to a top executive (or top executives) ...
  3. Golden Handcuffs

    A collection of financial incentives that are intended to encourage ...
  4. Silver Parachute

    A form of severance paid to the employees of a company that is ...
  5. Golden Handshake

    A stipulation in an employment agreement which states that the ...
  6. Social Responsibility

    The idea that companies should embrace its social responsibilities ...
Related Articles
  1. Investing Basics

    Precious Metals Funds: A Golden Opportunity?

    Used intelligently, precious metals can help an investor obtain decent returns in a terrible market.
  2. Investing

    5 Up and Coming Social Media Startups

    Although the days of Facebook's dominance aren't close to being over, here are some new creative platforms gaining traction on the worldwide web.
  3. Economics

    Understanding the American Dream

    The American dream is the belief that anyone, regardless of where they’re born or into what class, can attain their own version of success.
  4. Investing

    Barbie's Body Wasn't the Problem (opinion)

    Barbie's body type wasn't what killed sales, argues Angela Travillian. Other factors were at play.
  5. Term

    Three Ways to Profit Using Call Options

    A call option gives an investor the right, but not the obligation, to buy a stock at a specific price, known as the strike price.
  6. Stock Analysis

    Is Spirit Airlines a Real Threat to Southwest? (LUV,SAVE)

    Discover why the evolution of Southwest Airlines has decreased its impact on certain markets, and learn more about key financial data for the company.
  7. Term

    Understanding Rational Choice Theory

    Rational choice theory assumes an individual will always make prudent and logical decisions that yield the most benefits.
  8. Term

    How Penetration Pricing Works

    Penetration pricing unveils a new product or service at an initially low price to attract customers away from competitors.
  9. Active Trading Fundamentals

    New Traders: Trade the Market in 5 Steps

    New traders shouldn’t throw money at securities without knowing why prices move. Follow these five steps to tilt the odds in your favor.
  10. Investing Basics

    The January Barometer: Is it Still Relevant?

    The January Barometer has been historically accurate. Will that be the case in 2016?
RELATED FAQS
  1. What happens when someone is given the golden boot?

    In business, the term "golden boot" describes the package used to convince older workers to take early retirement. Forcing ... Read Full Answer >>
  2. What's the difference between a golden handshake and a golden parachute?

    A golden parachute is an agreement between a company and an employee that guarantees the employee certain benefits, like ... Read Full Answer >>
  3. Is a financial advisor allowed to pay a referral fee?

    A financial advisor is allowed to pay a referral fee to a third party for soliciting clients. However, the Securities and ... Read Full Answer >>
  4. How do mutual funds split?

    Mutual funds split in the same way that individual stocks split, but less often. Like a stock split, mutual fund splits do ... Read Full Answer >>
  5. How does a long tail become profitable?

    A long tail becomes profitable because the costs to produce, market and distribute a product or service in a niche are low, ... Read Full Answer >>
  6. How do companies with a large product portfolio use BCG Analysis?

    BCG analysis is used to evaluate an organization's product portfolio in sales planning and marketing. It is specifically ... Read Full Answer >>
Hot Definitions
  1. Super Bowl Indicator

    An indicator based on the belief that a Super Bowl win for a team from the old AFL (AFC division) foretells a decline in ...
  2. Flight To Quality

    The action of investors moving their capital away from riskier investments to the safest possible investment vehicles. This ...
  3. Discouraged Worker

    A person who is eligible for employment and is able to work, but is currently unemployed and has not attempted to find employment ...
  4. Ponzimonium

    After Bernard Madoff's $65 billion Ponzi scheme was revealed, many new (smaller-scale) Ponzi schemers became exposed. Ponzimonium ...
  5. Quarterly Earnings Report

    A quarterly filing made by public companies to report their performance. Included in earnings reports are items such as net ...
Trading Center