Jul 26, 2019

John J. Raskob on stocks for the long run (1929)

If a man saves $15 a week and invests in good common stocks,  at the end of twenty years he will have at least $80,000 and an income from investments of around $400 a month.  He will be rich.

~ John J. Raskob, chairman of the Democratic Party, "Everybody Ought to Be Rich: An Interview with John J. Raskob," Ladies' Home Journal, article written by Samuel Crowther, August 1929

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