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Skip to main content * News * Lifestyle * Personal Finance * Finance DISCOVER A RICHER WORLD. News THIS SECRETARY BUILT A $7M FORTUNE WITH JUST $180 By MoneySure Grace Groner worked as a secretary for medical device giant Abbott Laboratories for 43 years. She lived in a tiny one-bedroom cottage, didn’t own a car and bought her clothes at rummage sales. So when she passed away in 2010 at the age of 100 and left her estate to her alma mater, Lake Forest College in Illinois, the story made headlines. "Oh, my God," the school’s president said after finding out the amount, the Chicago Tribune reported. Groner built her wealth using a very simple strategy. While she was working at Abbott in 1935, she decided to purchase three shares of the company. At the time, they were trading at around $60 each, for a total investment of $180 — a fair amount of money back then, but far from an extravagant investment. She held on to those shares. When the stock split, she didn’t sell them. When the company paid dividends, she used the cash to buy more shares of Abbott. Fast forward decades later and that small $180 investment had grown to more than $7 million. The strategy for people who want to earn passive income from stocks is simple, but powerful: Find stocks that pay strong dividends, let them sit and reinvest the regular payouts. Of course, not all dividend stocks are the same. Here’s a look at three companies with long track records of paying reliable — and increasing — dividends. Continue Reading Lifestyle AWFUL CUSTOMERS WHO RAN INTO INSTANT KARMA By MoneySure News WHAT 3 OF THE RICHEST HEDGIES ARE INVESTED IN By MoneySure Lifestyle EMPLOYEES OPEN UP ABOUT THEIR WORST BOSSES By MoneySure News KEVIN O'LEARY IS CALLING ANOTHER CRYPTO DEBACLE By MoneySure News MORE AMERICANS REPORT LIVING PAYCHECK TO PAYCHECK By MoneySure News IS TOKENIZED REAL ESTATE THE FUTURE OF INVESTING? By MoneySure Finance 2 INSURERS NOW REFUSE TO COVER THESE CARS By MoneySure Finance THE TOP 5 STATES AMERICANS LEFT IN 2022 By MoneySure Personal Finance THE PROS AND CONS OF DIGITAL WALLETS By MoneySure Lifestyle AWFUL CUSTOMERS WHO RAN INTO INSTANT KARMA By MoneySure News WHAT 3 OF THE RICHEST HEDGIES ARE INVESTED IN By MoneySure Finance WHERE SUPER RICH NEW YORKERS ARE ESCAPING TO By MoneySure Finance 2 INSURERS NOW REFUSE TO COVER THESE CARS By MoneySure Finance THE TOP 5 STATES AMERICANS LEFT IN 2022 By MoneySure Personal Finance THE PROS AND CONS OF DIGITAL WALLETS By MoneySure Lifestyle EMPLOYEES OPEN UP ABOUT THEIR WORST BOSSES By MoneySure News KEVIN O'LEARY IS CALLING ANOTHER CRYPTO DEBACLE By MoneySure News MORE AMERICANS REPORT LIVING PAYCHECK TO PAYCHECK By MoneySure News IS TOKENIZED REAL ESTATE THE FUTURE OF INVESTING? By MoneySure Lifestyle AWFUL CUSTOMERS WHO RAN INTO INSTANT KARMA By MoneySure News WHAT 3 OF THE RICHEST HEDGIES ARE INVESTED IN By MoneySure Finance WHERE SUPER RICH NEW YORKERS ARE ESCAPING TO By MoneySure Finance 2 INSURERS NOW REFUSE TO COVER THESE CARS By MoneySure HERE FOR YOU. AND YOUR MONEY. We invest hours researching and interviewing world-renowned experts about what matters with your money. Mortgages, personal loans and investing are our specialties. Time with us means you'll make better choices about money. * ©2024 Wise Publishing, Inc. * About Us * Contact Us * Privacy Policy * Cookies * Terms of Use