How to make a million? Ask a homeless person!
We are constantly saying that systematically investing even small amounts is the right way to wealth. The story of a Swedish homeless man confirms this fact in the best way possible.
Curt Degerman did well in school and was a promising young man. But his life events brought him to the bottom of the social ladder, forcing him to live in a dump and collect beer cans. He ate fast food, wore discarded clothes, but never drank. Visiting the library regularly, Degerman used to read stock market reports, and invested all the money he earned from selling empty cans in shares of Swedish companies.
No one knew about his investment success until "Tin-Can-Curt", as the other beggars of SkellefteÌ called him, died. When the relatives found out what the will was, they gasped: over the 30 years of life in the dump, the Swede earned $1.4 million, $1.1 million of which was stored in securities in a Swiss Bank, and $300 thousand – in gold bars in a bank vault.
The homeless millionaire left all his savings to his cousin-brother who occasionally visited him. But the other go-ahead relatives who hadn't cared about Curt during his lifetime won the court claim for their share of the inheritance leaving his cousin with only 20% of the amount.
There are quite a few morals in this story, but we will not touch upon the topic of family relations now. Just think about your financial goals and use Curt Degerman as your role model – a man who, being a beggar, became a millionaire.