Dividends and Sycamore Road

you have never read John Grisham book, you have missed wonderful reads with a lawyer as the main character. In one of the latest books by John Grisham, Sycamore Row published by Bantam Books, NY, 2014, Mr. Grisham maintains his stellar reputation. In this story, an old white man leaves about $ 20 million to his black maid. If I tell you the setting is in Mississippi then you will understand the significance of the beneficiary of the estate. In the US south, things like that do not happen very often if ever. However the book is fiction and it could happen.

The drive to understand why the gentleman left the money is the reason for the book, suffice to say, it helps right a wrong.

Linking to dividend paying stocks, many people own stocks because of estates and trusts. It is a prime reason for allowing the wealthy to stay wealthy; the other reason is the money is invested in dividend paying stocks which means the trusts and estates can pay their beneficiaries for years to come. As well as profitable companies tend to rise in value over the years. Follow the example of the big estate and trusts and keep your money is safe secure stocks which pay a dividend.

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

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