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Joined August 2018
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Thanksgiving once moved to make more room for shopping. In 1939, President Franklin D. Roosevelt shifted the holiday up a week, hoping a longer Christmas shopping season would help the economy.
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Does $27.40 a day really turn into millions, or is that just podcast math? In 1959, Ronald Read, a World War II veteran pumping gas in Brattleboro, Vermont, bought his first stock: 39 shares of Pacific Gas and Electric for about $2,380. He kept pumping gas for another two decades, then worked as a janitor at JCPenney. He drove a secondhand Toyota Yaris, cut his own firewood into his 90s, and held his coat together with safety pins. Nobody in town thought he had any money. And he kept buying. Boring companies like Procter & Gamble and Johnson & Johnson, and he almost never sold. When he died in 2014 at 92, he owned at least 95 different stocks. His estate was worth about $8 million. Brattleboro found out when the hospital got $4.8 million and the library got $1.2 million in donations.
David Bach on what investing $27.40 a day for 40 years becomes. @AuthorDavidBach
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Sponsored by Wells Fargo. Facts: When it comes to picking a bank, we care about safety first and perks last. A FinanceBuzz survey of 2,000 people, sponsored by Wells Fargo, asked those people what they found very or extremely important when choosing a bank. The top answers: - 95% data security - 93% low banking fees - 89% positive reputation - 86% mobile app quality It's a good gut check for the bank you already have. It’s worth making sure yours delivers on the things people rank highest, like security, low fees, and an app that supports your needs and lifestyle.
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