Broken king becomes a millionaire

Broken king becomes a millionaire

 

 

In the outside world, Curt degerman is a poor hacker.

 

The elderly Swede, nicknamed "Broken King", has been walking through the streets and alleys in the northern Swedish city of schelefteo for 30 years, wearing blue jackets and worn-out trousers, you can change money by using a can or bottle. In the eyes of most people, he is an ordinary street tramp.

 

However, after his death, he left his cousin with a heritage of $ more than 1.4 million.

 

What is his secret? Frugal and smart investment.

 

Originally, degerman spent a lot of time reading commercial articles in the local library to study the stock market in addition to the cans.

 

His cousin said he is very proficient in stocks.

 

He used money to buy a mutual fund, bought 124 yuan, and used his savings account to accumulate cash. (He is riding a bicycle without a mortgage, which is conducive to deposits .)

 

This is almost a classic fairy tale that gets rich through thrift and knowledge.

 

Degerman died of heart disease in 2008. In his will, he left all his creden to visit his cousin often in his later years.

 

However, shortly after the exposure of the wealth, one of his uncles claimed to own the cash portion of his heritage under the Swedish Inheritance Law. With the intervention of a lawyer, the two men reached an agreement not long ago, but did not disclose the allocation ratio.

 

All this shows that no matter how carefully a person makes money or saves money in his life, he is still unable to control his/her personal experience.

 

Do you think that degerman should enjoy his money more when he is alive, or do you think that he is a model of wealth?

 

See from the Wall Street Journal