Skip to main content
This Board Has Moved

This board has been migrated to our new platform! Check out the new home page at or click below to go directly to the new Board on the new site.

Go to the New Site
Message Font: Serif | Sans-Serif
No. of Recommendations: 2
At times like these, I like to think of another true story. I call it "The Grandmother Story." My wife's grandmother recently passed away at the age of 96. Grandma spent the last nine years of her life in a self-pay nursing home (the cost in her last year was $72,000). I have been managing her financial affairs for the last ten years. My strategy consisted basically holding onto a collection of blue chips purchased in the 1940s, occasionally selling a stock to pay her nursing home expenses. The attorney who is handling Grandma's estate was shocked to find out that there is a sizeable portfolio remaining even after paying those nursing home bills.
Grandma's legacy is surely more than monetary.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.