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  • Imagine you woke up one day to find out that youre a multi-millionaire.

  • What’s the first thing you’d do?

  • Maybe buy your dream house?

  • Or a superfast car?

  • Oh, I knowpossibly a yacht?

  • But you see, not everyone has the same impulses.

  • One janitor managed to prove everyone wrong with his intelligence and investments.

  • By the time he was 92 years old, he was worth 8 million, and he’d achieved it all by himself.

  • His story, however, is rather unusual.

  • We usually think that people with less money dream of the luxurious lifestyle that we see

  • on social media.

  • The big house, the massive pools, the multiple garages filled with race cars, and the endless

  • vacations.

  • But some people are satisfied with what they have, and manage to go through life with contentment.

  • Before I continue, I got a question for you.

  • If you were a millionaire, what would you do with the money you have?

  • Would you donate any?

  • Let me know down in the comments.

  • Now, back to the story.

  • Ronald Reads was born on October 23rd, 1921.

  • He grew up with his family in a tiny house in Vermont, where they ran a farm.

  • As a kid, Ronald loved school.

  • He used to walk approximately 4 miles every day to his high school in Brattleboro.

  • He made that same journey every day of the week until he graduated.

  • In fact, in 1940, he became the first person in his family to receive a high-school diploma,

  • which was huge back in the day.

  • After that, he joined the army for 5 years, but by 1945 he was back in Brattleboro, ready

  • to continue his life.

  • Upon his return to his home town, he got right to work as a gas station attendant at Haviland's

  • Service Station.

  • He worked at the same gas station for the next 34 years.

  • Around 1979, when he was about 58 years old, it was time to retire.

  • But he didn’t have it in him.

  • He was too eager to keep working and stay busy.

  • You know what they say, “Another day, another Dollar”.

  • So, when his time as a gas station attendant was over, he got a part-time job as a janitor

  • at the local department store.

  • There, he worked another 17 years.

  • But, you see, our friend Ronald had a secret.

  • Not only was he a quiet worker, he was a quiet investor.

  • So, at what point did Ronald became a secret millionaire?

  • How did he know where to invest without failing?

  • I’ll get into that in a gif.

  • First, let’s look into his life-style and work ethic.

  • Let’s face it folks, figuring out how to invest in the stock market requires a LOT

  • of research.

  • Ronald was a private guy.

  • He used to love chopping wood and driving his second-hand Toyota Yaris around town.

  • He also loved collecting stamps and coins.

  • He’s what you’d describe as a very modest individual.

  • In fact, most people who were interviewed from his town said that Mr. Read didn’t

  • strike anyone as a guy with a ton of money.

  • All the local residents were shocked when they found out his worth.

  • His lawyer, however, had some insight into his situation.

  • The reason why nobody believed this man was rich was because of the way he dressed and

  • handled money.

  • When Ronald approached his lawyer later on in his life, she assumed that he didn’t

  • have much money.

  • He was wearing a somewhat worn-out coat, a regular flannel shirt, and an old baseball

  • hat.

  • He was married to the love of his life, whom he’d met while working at the gas station.

  • Her and her two children moved in to a house Ronald bought for $12,000 dollars.

  • They never had any children of their own, but Ronald loved his step children as if they

  • were his own.

  • He helped them get through college and paid for their education, since it was something

  • he believed in strongly.

  • Ronald also had a great relationship with the people he worked with.

  • Because of his appearance, some of his colleagues assumed that he needed financial help.

  • However, when they tried to offer it to him, he politely declined.

  • Ronald was simply a frugal sort of person.

  • Even at an older age, around 90, he preferred to park far away from his destination and

  • walk, rather than pay for parking.

  • But three things earned him a lot of respect: He was easy to work with, he was down-to-earth,

  • and most importantly, he had a great sense of humor.

  • One of the things he loved doing on a daily basis was to visit the cafeteria of the local

  • Memorial Hospital.

  • He’d go in every single morning and order a cup of coffee and an English muffin with

  • peanut butter.

  • He’d always sit in the same spot, drink his coffee, pay for the meal, and then head

  • back to the road.

  • He wore an old winter coat that was held together with safety pins so that it could stay closed.

  • Unfortunately, the Hospital Cafeteria was shut down a few years later and Ronald sought

  • out a new coffee stop.

  • That’s when he discovered Friendly’s, and started having his breakfast there.

  • Coincidentally, the local hospital’s development director was a regular customer at that diner,

  • and he advised Ronald to pay a visit to the nearby Library.

  • When Ronald heard about it, his eyes sparkled.

  • He got his library card and started borrowing piles of books every week, studying them with

  • enthusiasm.

  • In fact, he fell in love with a very particular newspaper: The Wall Street Journal.

  • Ronald loved going to the library, so he’d always drive there, or ask one of his step-children

  • to take him.

  • He’d spend hours and hours studying about the stock market and investments, until he

  • was able to tell which companies were worth putting his money into.

  • But here’s how he secretly made his fortune.

  • He was a true wizard at picking stocks and studying the stock market.

  • He started small, until his safe deposit box was becoming an ever-growing mass of stock

  • certificates.

  • He divided his money into categories, and then he’d invest less money in multiple

  • companies, rather than more money in less companies.

  • This kept his money safe; if something went wrong, it wouldn’t be too devastating because

  • the amount he’d lose would be insignificant.

  • He began his investments a few years after he started working as a gas station assistant,

  • and he held on to several blue-chip companies for quite a while.

  • That’s what helped his money multiply.

  • He also invested in companies that paid substantial dividends, or bonuses, in layman’s terms.

  • Therefore, he could use that money to buy more stocks.

  • Ronald wasn’t a tech-savvy kind of guy.

  • So, his focusc remained on companies he read about in the library books he used to borrow.

  • When he passed away, he had more than 95 stocks spread around different industries, such as:

  • telecommunications, healthcare, consumer goods, railway transport and public utilities.

  • Nobody in his family knew how much money he had, or how much he was worth.

  • They assumed that the money he was making as a janitor was barely enough for him to

  • get by.

  • As he grew older, his health began to deteriorate, and he was hospitalized at the same hospital

  • where he used to have his daily breakfast.

  • That was when he hired the lawyer to help him with his estate.

  • He gave approximately $2 million dollars to his two stepchildren and some friends.

  • He donated $4.8 million dollars to the Brattleboro Memorial Hospital, and he also donated $1.2

  • million dollars to the library he used to study at.

  • Roland wanted to remain in the shadows, but at the same time he wished to be known for

  • his work and deeds.

  • Once, he had a conversation with a buddy of his, and he told himWouldn’t it be nice

  • If I had my name up on a building?” but right after, he’d regretted it and said

  • no,no,noand shook his head.

  • One of the most important things he did was give back to the community and people he’d

  • spent his life with.

  • The hospital, where he had his breakfast.

  • The library, where his studied about the stock market, and his family, who he loved.

  • Bottom Line: Ronald was a rich man, in more ways than just money.

  • Hey, if you learned something new today, then give the video a like and share it with a

  • friend!

  • And here are some other cool videos I think you'll enjoy.

  • Just click to the left or right, and stay on the Bright Side of life!

Imagine you woke up one day to find out that youre a multi-millionaire.

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管理人が一生の秘密にしていた8000万ドル (A Janitor Kept His $8,000,000 a Secret His Whole Life)

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    林宜悉 に公開 2021 年 01 月 14 日
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