Investopedia

Continue to Site »

Golden Geese

Filed Under » , ,
Dictionary Says

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.
Investopedia Says

Investopedia explains '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.

Articles Of Interest

  1.

    Precious Metals Funds: A Golden Opportunity?

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

  2. 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 an employee to take early retirement is against the law and can be viewed ...

  3. 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 monetary compensation or stock options, if employment is terminated. A ...

  4. Top 5 Ways Restaurants Make You Spend More

    The next time you eat out, watch for these common restaurant tricks that undermine your dining budget.

  5. Women And Investing: It's A Style Thing

    You don't have to be a boy or act like a boy to win. In fact, doing the opposite could be better for your financial health.

  6. Build A Model Portfolio With Style Investing

    This sophisticated approach will add flair to your returns.

  7. In Small Business, Success Is Spelled With 5 "C"s

    Incorporating these steps will help your business thrive in a competitive market.

  8. How To Develop A Trading Brain

    The fundamental role of trader psychology tends to be underestimated, with too much emphasis placed on the technical side.

  9. This Is Your Brain On Stocks

    Find out how the human mind can hurt investors' portfolios.

  10. Tips For Controlling Investment Losses

    A profit/loss plan helps investors recognize mistakes and invest logically, rather than emotionally.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.

  2. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.

  3. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  4. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  5. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  6. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
Trading Center