Traditionally in the summer, more paperbacks are read than through the winter, one of the authors which has enjoyed great sales in paperback is John Grisham. A number of his books were turned into movies and the subject matter filters the news for Mr. Grisham writes about the law, lawyers fees, tort cases and wining the lottery. In one of his recent books – The Litigators published by Dell, NY, 2012 the subject is about just about everyone’s favorite bad company – a big Pharm company and a drug. The nature of big Pharm companies is they spend millions of dollars on testing various drugs and invariably because people are individuals something could go wrong or a person dies. That is the risk, the reward is once a drug is discovered, after the first pill is produced the second one cost tenths of pennies, but it can be sold for dollars, something just below insurance companies and government regulators think is too high. The reward for the big pharm company is due to its distribution networks, the drug can be everywhere in days and the money will roll in. As long as the drug is deemed safe and is in fact safe, it is almost a license to print money. In the book the Litigators – a small law firm dreams of the millions from the big Pharm company; the big Pharm plays hardball and uses all the advantages money can and does provide. In addition the clients of the small law firm begin to dream of the money they will be getting. At first, the relatives begin to treat the clients in the manner in which they should be treated all the time. People are people and treat each other differently depending on how much money they think they have and how much they think they can get by inheritance. There are exceptions but as you look or really look at the economy you will see people surviving and maybe how much better their lives would be if they were doing better than survival. Winning the lottery or winning a law suit or turning 65 to collect pensions makes a difference.

Linking to dividend paying stocks, the longer you own the stocks, the more value they grow and the wealthier you will be. Savings and using the power of compound interest will give you opportunities that others will not have. The reason to use the dividend paying stocks is to enhance the things which make life valuable to you. The average person tries to do the right thing and in our life having savings and building your nest egg is difficult, for it takes time but once there is enough in the account, it begins to generate income without much effort and for you to enhance your life. Read the books, enjoy the suspense but try not to be in position where you only dream about the money.

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