The writer recently read the book Dynasties — fortunes and misfortunes of the world’s great family businesses by David Landes Viking 2006. The book discusses the history of a number of families which tend to prevalent in today’s global business world. Among the generations of family business two in particular are Ford of Ford automobile and trucks and Rockerfeller of Standard Oil now called Exxon. Both Henry Ford and John D Rockerfeller paid themselves a small salary, they became rich because of the dividends paid to their large shareholdings. As your shares grow through reinvestment, you can not be promised Ford and Rockerfeller fortunes unless you own millions of shares, but you can be expected to receive a larger amount every year. For most of us, it takes a long time to build up to what is considered to be a good income, but it works. Dividend paying stocks will reward you over the long term.

There are always more questions than answers, till next time – to raising questions.