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Old 02-09-2015, 03:48 PM   #21
Thinks s/he gets paid by the post
 
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Story was just on CNBC today, it is one of their top stories read on their web site and they had his lawyer and another fellow from the town on. He only invested in individual stocks and he only invested in stocks that paid dividends. The stocks he held at his death included GE, GM, Bank of America and several other large caps.
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Old 02-09-2015, 04:50 PM   #22
Thinks s/he gets paid by the post
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Quote:
Originally Posted by marko View Post
Actually, he was a really cool guy. He did some fun and funny stuff. Dined with a few Presidents and guys like H. Ford etc. Some amazing stories about stuff he did in his life.

He wasn't sentimental though and 'gift' was a four letter word. There were times when some in the family really could've used his help but his standard was "you made your bed, lie in it!", but it was more a way to not part with a buck than a matter of tough love.

I've told the story on this forum where when his care-giver told him she had lost her other job, he cut her pay because "I figured that now she had no where else to go and wouldn't leave no matter how little I paid her"

So, he ended up this hermit living in a dark, cold room with a little TV because he wouldn't spend a dime.

It was just so frustrating to see him live that way when he could've at least made himself more comfortable in his passing years, but ...no.

As noted, the heirs have been making up for lost time "contributing to the economy" ever since he died.
I have an uncle like that although not as rich. This man once complained b/c a few of his son's wedding guest (close families, relatives) didn't bring enough cash gift to the wedding (not enough to pay for dinner served at wedding). For the record, these were pretty "poor" relatives who can't really afford to bring cash gift.
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