A Word To The Wise

short-term_long-term

A word to all of you potential Surprise Millionaires out there.  Remember, the key to wealth accumulation is long-term, consistent investing.  Markets may rise and fall, but the long-term, consistent investor will achieve the goal of wealth accumulation by practicing these simple habits.  Remember the mantra of the Surprise Millionaires, “anyone can accumulate wealth”!

Preserving A Legacy

Gray Circle Header (1)

The long time Newcomb  New York business owner loved his community In fact, his family had been an integral part of the community since its early beginnings.   So it was no surprise that this generous man left a legacy that would be used to preserve Newcomb’s history and legacy for generations to come.

 

 

 

 

 

Going Vintage

Happy New Year

For all of you potential Surprise Millionaires out there who are dedicated to building Vintagewealth but want to look good while doing it, why not think about going vintage?  That’s right, vintage clothing could give you the look and style you want without breaking the all important budget.  Remember, good quality classically tailored apparel is always in style.  Over at cheatsheet.com they have published a great article about the dos and don’ts of shopping for vintage clothing.  Even for those of us who are not that fashion conscious, jazzing up an outfit with a vintage watch or pair of cuff links could give you that little something extra that will make you stand out from the crowd during a job interview or formal event.  This might be something to think about the next time you are tempted by that 75% sale at the local discount department store!

Ordinary People, Extraordinary Wealth!

Copy of Dots Header (2)

Today’s Surprise Millionaire typifies the very meaning of our saying, “ordinary people, extraordinary wealth”.  A woman who inherited a tidy sum but refused to let it change her lifestyle.  On the contrary, through saving and frugality that “tidy sum” eventually grew into a  wonderful legacy for her community.

See the video here

KREM2 NEWS SPOKANE, Wash. – Helen Stowell lived a simple life in West Central Spokane.

“Very simple. She was modest, unassuming. She drove an old Subaru. She gardened, pulled weeds. She walked the neighborhood with her neighbors,” said neighbor Linda Hawkins. “I’ve known her for 20 years. We used to exchange vegetables. She had her tomatoes and I had my squash.”

Stowell’s family first came to the Inland Northwest before the turn of the 20th century. Her grandfather opened a successful drugstore on Sprague Avenue.

Stowell did not know it, but her grandfather’s success would eventually supply her wealth.

“In the early 90’s, she became a multiple millionaire and really unknown to her that she had come into that kind of wealth,” said Mark Hurtuise, Inland Northwest Community Foundation CEO.

Following her passing, Stowell left $3 million to the Inland Northwest Community Foundation, a non-profit that awards grants and scholarships throughout the region.

A woman who lived simply her whole life suddenly donated millions of dollars; something that shocked her neighbors.

“It’s amazing. You never know about people. She didn’t need it, she kept it. She just used what she needed,” said Hawkins.

Stowell’s gift brought the INCWF over the $100 million mark.

“The byproduct of that is, it’s going to attract businesses to the community. It’s going to get other very wealthy people to start to think ‘Maybe I should leave what I have visa vi the Community Foundation to benefit the community,’” said Hurtuise.

Stowell’s choice to live a simple life will impact thousands.

“She didn’t use her resources, that kind of wealth, just to live a life of extravagance. The purity and honesty of her philanthropy was for the community and that’s really what’s to be celebrated here,” said Hurtuise.

Stowell’s donation has been placed in a fund benefiting animals, wildlife and the environment.

 

This Surprise Millionaire Wants You To Live A Long And Happy Life

Large Quote or Title wo Picture (9)

Ted-NashWhenever I think I have discovered all of the interesting Surprise Millionaires out there, I discover another!  While all of our Surprise Millionaires are interesting in their own way, occasionally I run across one who is outstanding.   Ted Nash definitely belongs in this category.   A man with the express purpose of becoming a millionaire in order to help make the world a better place.  Now that’s something I think we can all get behind!

For the Love of Reading

Copy of Dots Header (1)

Someone once said that through the love of reading you can travel the world and be anyone you want to be without ever having to leave the comfort of your armchair.  And if you are the frugal sort like Alice Jumper, it is a whole lot less expensive as well!  In fact, through her love of reading, Alice was able to accumulate a $1 million portfolio that will be benefiting Central Michigan University and its Library well into the future.