This is material that I made a speech in the class. It is a news, a woman who named Grace Groner donated fortune to her alma meter.
Goner was born in a small town. When she was 12, both of her parents had died. So she was taken in by George Anderson. The Andersons raised her and her twin sister , Glady and paid for them to attend Lake Forest College. After Groner graduated in1931, she took a job at Abbott Laboratories, where she would work as a secretary for 43 years.
In 1935, she made a decision that would secure her financial future. she bought three $60shares of specially issued Abbott stock and never sold them. The shares split many times over the next seventy years. Before she died, her initial outlay had become a fortune.
Lake Forest is one of America's richest town, fill with grand estate and luxury cars, but Groner didn't want to keep up with her neighbors. She lived in an apartment for many years before a friend willed her a tiny house in a part of town. She got her clothes from the rummage sale. She walked everywhere rather than buy a car. Her dishes were mismatched and her TV set that appeared left over from the Johnson administration. She lived frugally and saved a lot of money.
When she passed away in January 2010, at the age of 100, she donated $7 million for Lake Forest college, her alma mater.
From this news, everyone can get many ideas. For me, I got two points. Many people want to be millionaire, but they don't know it is hard. They just want to get money from lottery, other people or other easy way. I think it is only one way to be a millionaire-invest accurately and live frugally.
The other thing is that I admire Groner. It is so nature for her to live economically. If I were she, I might buy many beautiful clothes and jewellery and.....so many things I want to buy, but Groner didn't. If you were a millionaire, what would you do? It is a big project, isn't it?
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