Starman
Well-Known Member
- Joined
- Oct 12, 2002
- Messages
- 49,093
Most of my GG-GF's money eventually dribbled away through real estate and stock deals that went bad, including more or less depressions in the 1890s and 1910s. My grandmother , the last member of the family with inherited money, was born in 1896, just at the wrong time to ever quality for Social Security and Medicare, then made the financial blunder of living to age 99 with several high priced health conditions, so the money eventually boiled away. Ironically, the Michigan lumber industry dropped dead almost the same time my GG-GF did, as they had literally stripped the state bare down to burnt stumps without thinking of replacing most of this forest land. So after booming for billions between 1865 and 1900, the lumber industry packed up and moved to the northwest after that.