Today's post was inspired by the classic saying which has been around since the 15th century. Yup, I will be tackling the age old question; is a bird in the hand worth two in the bush? How will this post play out, read and find out.
Quick history about the saying, it was said by Hugh Rodes all the way back in 1530. Before I can give my opinion on this idiom and if it's still valid in modern society let me first define it. This idiom has a simple meaning, what you have today is worth more than what you could have tomorrow if you risk it. This saying is very similar to "The grass isn't always greener on the other side". This quote wants you to appreciate what you have today and not worry about what could happen tomorrow. Don't think about jumping jobs if this job is paying your bills. This is where I draw the line with this idiom, that is outdated information. In the time of writing this post, longevity at jobs means almost nothing. Longevity basically means your name is higher up for the chopping block. Gone are the times where all jobs offered pensions and that's one of the ways this saying is outdated.
As you can already tell from the last part of the last paragraph, I don't think this saying applies to us anymore. Let's use the definition of the saying in the world of investing. If you have five thousand dollars in the bank and you shouldn't invest it because you could lose all of your money. Once again this is 2018 and banks are paying you .01% interest, bonds don't even pay a whole percent. If you don't invest your money then you are losing money because of inflation. So a bird in the hand is worth half a bird in the bush. This idiom is not for risk takers, not even small risk takers. If you want to start your own business or side hustle avoid this quote because it will make you question your decision. The grass isn't always greener on the other side but that doesn't mean that you should stay if your grass is dead.
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