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moneysense.ca, 29/09/06
A Millionaire Teacher
In an increasingly restive world it is heartwarming to read the story of Roberta Langtry, a retired teacher, who died at the age of 89 last year and left $4.3 million to The Nature Conservancy of Canada.
How did Ms. Langtry manage to accumulate a huge nest egg? She did not win a lottery or inherit a sizable fortune, but The Globe and Mail column gives some clues. As a single woman with no dependants, she seemed to have lived well within her means, living in a modest home and hanging on to her car for a long time. She also invested her savings in blue-chip equities and held on to them for a very long time. It is nice to know that the old-fashioned formula of saving regularly and investing the proceeds for the long term works so well. It is even nicer to learn that Ms. Langtry has made our world a slightly better place.
moneysense.ca, 29/09/06









It sounds to me like Ms. Langtry screwed up. In my opinion, if you plan things just perfectly, then when you die, your assets equal your liabilities and the cheque to the mortuary bounces! =0)
i guess, she never got to enjoy it. But i respect her for her good deeds.
It is kindof crazy. IF this was her goal all along she should have given the money away while she was alive so she could have gotten the enjoyment of seeing the fruits of her labor.
maybe she died happy because she knew where the money is going.
Canadian Capitalist,
I applaud Ms. Langtry. It sounds as if she had a career she loved and a desire to leave a legacy. Bravo!
Keep up the Canadian Information,
NCN
This comment is part of my “100 Comments Series” over at No Credit Needed.
[...] Canadian Capitalist, I applaud Ms. Langtry. It sounds as if she had a career she loved and a desire to leave a legacy. [...]