In 2000, A 62-Year-Old Texas Man Retired After Working 33 Years With $1.3 Million In Company Stock. Twenty Months Later, He Said It Was Worth About $8,000. The Unlucky Story Of Charles Prestwood Holds An Important Lesson For Every Investor
Charles Prestwood spent over three decades building a company from the field up, and when he finally retired, his savings reflected every year of it. What happened next became one of the…