How to Create a Million-Dollar Stock Portfolio

Multi-decade holding periods and dividend reinvestment, not stock-picking brilliance, built every featured millionaire portfolio.

• Ronald Reed, janitor to $8M: WWII vet saved ~80% of income from his 20s, held 95 stocks for decades, largest position Wells Fargo ($510K); died 2014 at 92 with $8M despite owning Lehman Brothers when it collapsed.
• Anne Scheiber turned $5K into $22M: Former IRS auditor invested for 51 years starting at age 51, focused on drug and consumer stocks, died at 102, donated to Fordham University.

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