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September 17, 2006
How to Get Rich
Blessed are the young for they shall inherit the national debt.
Josh Spear’s Money Clip Credit Card. (From A Whole Lotta Nothing)
Chart of the Dow Jones industrial average since the Great Depression
A young man asked an old rich man how he made his money. The old guy fingered his worsted wool vest and said, "Well, son, it was 1932. The depth of the Great Depression. I was down to my last nickel. I invested that nickel in an apple. I spent the entire day polishing the apple and, at the end of the day, I sold the apple for ten cents. The next morning, I invested those ten cents in two apples. I spent the entire day polishing them and sold them at 5 pm for 20 cents. I continued this system for a month, by the end of which I'd accumulated a fortune of $1.37. Then my wife's father died and left us two million dollars." Most people who are rich chose their parents wisely
(Piggy bank above from Everything And Nothing)
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September 17, 2006 in Money & Finances | Permalink
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