Instead of planning how you will spend your Weekends, in the evenings of Friday, 100 students of the Lafeyette filled the auditorium of the school to talk about stocks and bonds.
Actually, this isn’t just another lesson of the american college, but for the earlier investment by students in the history of the united states.
The investment is the beginning of the 2nd World War, when and the officer of the department of economic management of the u.s. Army, John Tarbell started giving investment tips to veterans returning from the front of Europe in the united states.
The Tarbell was a professor of economics before he joined the army and the veterans needed his advice, since many of them were born during the Great Depression and they were afraid of the investment.
A number of veterans to express their gratitude to the Tarbell’s donated $ 3,000 to start investing club of Lafayette, a small school of fine arts of Pennsylvania.
Today the porfoliο school worth 530.000 dollars, after it has paid a profit in excess of 17.500% from the first market share in 1946.
The example of the investing club of Lafayette is the best example to convince someone about the usefulness of long-term investment.
Today the portfolio of the club has 41 shares mainly in long-term investment, since already the life is 70 years, while many say it looks like porfolio of professionals.
See the investment that gave a profit of more than 17.500%
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