Economic Moats

[CityFarmer]

how to find investment return >10% every year?

Some pp are born lucky. I have an ex-colleague who told us she has a savings plan with her mama. She put in any amount $, her mama will match it. Thats 100% return! The catch is she can only use this money when she is above certain age.

I believe all Singaporean are lucky too with their CDA account

$ to $ match, and can used earlier, only on limited purposes.

[KopiKat]

An incredible tale....from $180 to $7Mil over 75 years...Just BUY, HOLD, DRP,...

Extracts from wikipedia (wrt Chicago Tribune),

Life
Grace Groner was born in 1909 in a small Lake County, Illinois, farming community. She had a twin sister, Gladys, who died in April, 2007. Upon their being orphaned at age 12, both sisters were taken in by George Anderson, one of the prominent members of the community. He paid for both of them to attend nearby Lake Forest College, from which they graduated in 1931. Grace Groner never married.

For many years Grace lived with Ann Findlay, an elderly relative of George Anderson, in a small apartment in the building that housed the Lake Forest movie theater, which was owned by the Anderson family. She was always considered "family" by the Anderson family.

In 1935, Grace Groner purchased three sixty dollar shares in Abbott Laboratories, where she also worked for 43 years. Over the years, her shares split many times, and she reinvested the dividends each time. She had few needs, lived in a small cottage willed to her, bought clothes at rummage sales, and although she travelled extensively, she never owned a car. She also gave money to the needy, but kept her name anonymous by doing it through Anderson.

Over the years, Groner remained close to the college, attending football games and donating $180,000 to help start a scholarship fund. In 2008, she set up a foundation that would receive her estate upon her death. It was estimated that the foundation would earn $300,000 a year on interest from her estate.

Death and will
On January 19, 2010, Groner died. When her will was opened by her attorney, he found out about the wealth that she had accumulated over the years. He was informed of her intentions, which stated that all her money, which by then totaled seven million dollars, should be donated to Lake Forest College. Upon being told of this, college president Stephen D. Schutt is said to have exclaimed, "Oh, my God."

According to the college, her home will be used for women who receive the foundation's scholarship. It is estimated that some 1,300 students will benefit from her will. The home will be known as "Grace's Cottage."