✉news TechnologySemiconductors first seen 19 h ago, last 12 h ago, peak #14
Ronald Read: Vermont Janitor Who Quietly Built an $8 Million Fortune
Original: In 1959, A Vermont Gas Station Attendant Spent $2,380 On His First 39 Shares Of Stock. Over The Next 5 Decades, He Built A 95+ Stock Portfolio Of Blue Chip Dividend Payers. By 2014, Ronald Read's Portfolio Was Worth Nearly $8 Million
Ronald Read, a Vermont gas station attendant and janitor, bought his first 39 shares of stock for $2,380 in 1959. Over roughly five decades he patiently accumulated more than 95 blue-chip dividend-paying stocks, and by his death in 2014 his portfolio was worth nearly $8 million. His story is being recirculated as a striking example of frugal living, long-term investing and compound interest turning an ordinary wage into extraordinary wealth.
Why now: His rags-to-riches-through-patience story keeps resonating as a lesson in long-term dividend investing and quiet wealth building.
Rank over time, top of the chart is #1. 6 snapshots from 19 h ago to 12 h ago.
Evidence
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