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”!
Here at the Surprise Millionaires we are fond of saying that, “anybody can accumulate wealth”. Over at ESI Money, they have broken this concept down to three easy steps that I thought I might share with all of you potential Surprise Millionaires out there. This article is one of a series ESI featured in which self-made millionaires were interviewed. An interesting topic all the way around.
Frank Washburn was quite well-known in his hometown of Rapid City South Dakota. A local auto repairman and real estate dabbler, Mr. Washburn was always there to lend a helping hand to those in need. So it was really no surprise that this generous man left behind a very generous gift for his hometown community…
This hometown hero and Surprise Millionaire astounded his small Iowa community by leaving them his entire estate totaling $5.7 million! The only stipulation the local clothier made was that the funds be used to improve and beautify the slowly fading town. And what do you suppose they chose as the first project for their significant windfall? How about building the world’s biggest popcorn ball!
The shoe salesman lived a quiet, unassuming life and upon his death left a lasting legacy to his community. But, was he the true Surprise Millionaire in this story or could it be someone else? To get the answer to that, you will have to read the story.
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.