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Stories of patient building of stock portfolios- Ronald Read of Brattleboro, Vermont, U.S.

03/22/2015

Read who worked at a J.C. Penneys Store and at a gas station owned by his brother lived frugally and invested in dividend paying stocks, always reinvesting the dividends. Decades of patient investing led to a significant savings accumulation. At the time he passed away in 2015 at the age of 92, he had a portfolio worth $8 million. His largest holdings were in Wells Fargo bank, P&G and Colgte Palmolive as consumer stocks, and J&J. He owned about 95 different stocks. Wells Fargo Advisors in his home town helped him with his portfolio.

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Route to an $8 Million Portfolio Started With Frugal Living

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