Clockers is a term for street drug dealers who are on 24 hours a day to supply the people who buy some drugs for a hit or two. The term came from a book by Richard Price called Clockers, Picador Publishing, NY, 1992. In 1995 this best selling book was turned into a movie directed by Spike Lee. When a person is a clocker they are very close to the bottom of the food chain of drug distribution, however they will likely earn more money than someone working in many 9 to 5 jobs. In between earning more money, there is the cycle of police and violence associated with the job. Drugs are still illegal and the police have to enforce the law; knowing when one person is removed others will take their place for the money for consumer goods is a heavy draw to the job. In the book the Clockers which takes place in a fictional job in New Jersey, but one does not have to look hard in the closest city you live in or near to see representative buildings. The people see the lifestyle and focus on the consumer lifestyle, not what they will be doing in 30 years time. Everyone thinks they will be the exception, including one of the leading characters who tells people to save some of their money – included in their accounts should be an account for bail money. In addition owning rental real estate would be a good idea, but somehow the character never gets around to doing it, for they want even more cash for consumer goods and living below the radar, but the police have them on their lists of the known suspects.

Linking to dividend paying stocks, unlike the clockers who live day to day and expect their life to include high consumer spending, jail time, and hanging around. investors in dividend paying stocks expect to live into the future. Whether that is 5 years away or 30 years, the consistent dividends will make financial lives easier and your overall wealth to increase with no jail time. If you expect to live well into retirement, then dividend paying stocks are for you.

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