how to become rich
Here is the story of a janitor who made millions just by investing.
The guy here Ronald Read was born on October 23 rd of 1921 in a town named Dummerston, Vermont (on US's border with Mexico ). He was born in a poor family that had very hard times during the collapse of the economy in the 1930s. His father was a stockbroker and politician. His mother was a housewife. They had a very hard time, as somedays his mother will skip a meal due to poverty. But anyhow he managed to complete his high school even in those hard times.
His early days were filled with struggles. He started his career as a petrol bunk attender, later retired, and worked on a supermarket as a janitor. He was so friendly that he was loved by everyone around his life. He was very simple and cheap in clothing. He used to wear faded old clothes without buttons, pinned with a safety pin to hold. Being a father of two children, he was so attached to them. Barely nobody knows he is so rich until he was 92. At the age of 92, Read was admitted to a hospital due to his bad health condition. When his lawyer came to the hospital for his property settlement documentation, everybody around him was shocked. His net worth was around 8 million dollars. All the money was in the form of stocks, bonds, and agreements. Everybody in his life, including his family, started investigating his source of income. In their research, they found the answer.
His early days were filled with struggles. He started his career as a petrol bunk attender, later retired, and worked on a supermarket as a janitor. He was so friendly that he was loved by everyone around his life. He was very simple and cheap in clothing. He used to wear faded old clothes without buttons, pinned with a safety pin to hold. Being a father of two children, he was so attached to them. Barely nobody knows he is so rich until he was 92. At the age of 92, Read was admitted to a hospital due to his bad health condition. When his lawyer came to the hospital for his property settlement documentation, everybody around him was shocked. His net worth was around 8 million dollars. All the money was in the form of stocks, bonds, and agreements. Everybody in his life, including his family, started investigating his source of income. In their research, they found the answer.
Nobody was aware that he is a serious book reader and the guy who visits the library regularly. There he reads investment, stock market and trading, and business books regularly. Due to his unpleasant childhood because of money, he decided to make more money. His investment strategy was very effective and safe. He had invested in various companies with minimum shares instead of making a high investment in single or few companies. This strategy helped him make more money.
In his settlement, he gave 2 million dollars to his family, 4.8 million dollars to the hospital he was admitted and a 1.2 million dollars share to the library that he visits every day. This man's story inspired me a lot. His discipline and self-control made him the richest janitor in the world. And I hope this inspires you too.
Have a great day :)
Have a great day :)
0 Comments