"The Secret Strategies that Made Anne Scheiber a Multi-Millionaire"
Anne Scheiber, a former IRS auditor, turned a $5,000 nest egg into a $22 million fortune through three simple strategies. She lived frugally, saving 80% of her salary and spending very little on food. Scheiber invested in what she knew, holding long-term positions in companies like PepsiCo and Chrysler. She also employed tax-efficient strategies, such as avoiding capital gains taxes by holding onto her stocks and transferring dividends into tax-exempt bonds. Scheiber's estate was ultimately donated to education, benefiting financially and academically deserving Jewish women.