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Re: Long Term Investing 

By: DGpeddler in POPE | Recommend this post (1)
Mon, 20 Feb 12 6:36 PM | 46 view(s)
Boardmark this board | (The) Pope's for real stock market report
Msg. 51697 of 65535
(This msg. is a reply to 51682 by Zimbler0)

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After the stock market crash an elevator operator took a grand he had saved and bought stock. He spread it out over different large companies. In the 50's he was a multi-millionare.




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The above is a reply to the following message:
Long Term Investing
By: Zimbler0
in POPE
Mon, 20 Feb 12 12:40 AM
Msg. 51682 of 65535

What Long-Term Investing Really Looks Like

http://www.fool.com/investing/general/2012/02/15/glon-mert-what-long-term-investing-really-looks-li.aspx

In February 1912, Glon and Thros Mert, fraternal twins of Scandinavian immigrants, were born at an Atlanta hospital. The Mert family didn't live an extravagant life by any means: Mrs. Mert was a stay-at-home mom, while Mr. Mert worked for the local Coca-Cola (NYSE: KO ) headquarters. Though their life was modest, both parents were very proud of what they were able to give their children.

(Story does go on.)

Zim: this is a story about how their Daddy bought
his son and daughter a few shares of Coca Cola . . .
Sonny sold his shares and thought he did good . . .
while the daughter held on to hers . . put her
children through college . . and died rich.

Zim.


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