Personal Finance and Investing

here is a true story from about 5 years ago.

In the town I lived in, an old high school math teacher, in his 80s, donated 10 million to a local college basketball team. He also made a couple of more multi-million donations. A local reported asked him how he was able to do that on a teachers income. He said he got some great advice when he first started teaching. Some guy told him told him to take about 10% of his take home income every month and invest it in good solid (boring) high dividend stocks and reinvest those. That's how he did it. He also quoted Einstein "The strongest force in the universe is the power of compound interest".