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Showing Original Post only (View all)Ann and Mitt, the college years: “STRUGGLING” so much that they had to sell stock. [View all]
Mitt Romney and Ann: the students struggling so much that they had to sell stock.
by Andrew Sabl
Mitt Romney is going around saying that he made all his money himself, aside from a loan from his dad to buy his first house.
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They were not easy years. You have to understand, I was raised in a lovely neighborhood, as was Mitt, and at BYU, we moved into a $62-a-month basement apartment with a cement floor and lived there two years as students with no income.
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We were happy, studying hard. Neither one of us had a job, because Mitt had enough of an investment from stock that we could sell off a little at a time.
The stock came from Mitts father. When he took over American Motors, the stock was worth nothing. But he invested Mitts birthday money year to year it wasnt much, a few thousand, but he put it into American Motors because he believed in himself. Five years later, stock that had been $6 a share was $96 and Mitt cashed it so we could live and pay for education.
Mitt and I walked to class together, shared housekeeping, had a lot of pasta and tuna fish and learned hard lessons.
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http://www.samefacts.com/2012/01/income-distribution/mitt-romney-and-ann-the-students-struggling-so-much-that-they-had-to-sell-stock/