Identity: A gas station attendant and part-time security guard in Vermont, USA.
Lifestyle: Extremely frugal, even pinning his worn-out coat with safety pins, driving a used car. Strategy: He has no insider information; he simply saves from his modest salary to buy dividend-paying blue-chip stocks (such as Procter & Gamble, JPMorgan Chase, Johnson & Johnson, etc.), then holds them for decades and reinvests the dividends. Outcome:
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Identity: A gas station attendant and part-time security guard in Vermont, USA.
Lifestyle: Extremely frugal, even pinning his worn-out coat with safety pins, driving a used car.
Strategy: He has no insider information; he simply saves from his modest salary to buy dividend-paying blue-chip stocks (such as Procter & Gamble, JPMorgan Chase, Johnson & Johnson, etc.), then holds them for decades and reinvests the dividends.
Outcome: