The Rich Get Richer

[paymydebt]

It just seems when you have money it attract more. On the other hand when you don't have money, it seems to attract more holes in your pockets.

[kenyantykoon]

on the other hand some are just a bunch of hardened criminals that want to rob and enslave the whole world but taking control of all the money power. They have teamed up into a virtually unstoppable force that make them richer and richer. in case you are wondering what i am talking about, its the bilderberg group that is on my mind

[money blogger]

Originally Posted by paymydebt

It just seems when you have money it attract more. On the other hand when you don't have money, it seems to attract more holes in your pockets.

For people who aren't currently in the 'Rich' category, what can they do to get in the category that has money and starts attracting more?

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[SilverGlow]

Originally Posted by money blogger

For people who aren't currently in the 'Rich' category, what can they do to get in the category that has money and starts attracting more?

One does not have to be rich before their money starts attracting more. Start aggressively saving and investing, and even when starting small, the money will attract more.

[codeyeti]

While it's true that saying "The rich get richer" is no excuse for not trying to be successful in your life, it really is easier to make money if you already have money. At the base level, you can be your own investor if you want to start a business while poorer people need to go out and find someone like you to invest in them if they were to do the same thing. Furthermore, you can make money by investing intelligently and you can make this money while still working and doing all the things that got you that money in the first place.

[trustno1]

[quote=SilverGlow;39773]....it's 90% attitude & common sense, and 10% ability.[/quote]

That statement has certainly been true for my life.
If I had to explain it in a nutshell, that would be it...!!

It is difficult to improve on the truth in that concise statement. The only thing I might add, would be to endeavor (to the best of your ability) to surround yourself with "positive" people.

The world is full of "Bobby Buzz-killers" that are focused on sucking the positive energy out of every room they enter.

"Those who truly want to do something will always find a way,
Those who truly do not want to do something, will always find an excuse..."

[mtsen]

Then again I have seen people with great attitude, super social skill and perfect common sense but with ZERO ability .... some of them get far, some don't.

[kenyantykoon]

rich people are all capitalistic in nature and so i am

[codeyeti]

Originally Posted by SilverGlow

There are too many self-made millionaires in America that show your explanation is very wrong.

One can start small, and I mean VERY small, and over time can become a self-made millionaire. No need to be born into it, nor with a silver spoon in one's mouth.

I hate this talk of "they have more opportunities"...this is BS because again, there are too many self-made millionaires to prove one makes their own opportunities, finds them, takes advantage of them, works smart, not hard.

There is a trend: The left wing folks will say "its not fair they had the opportunities we don't".

The right wing says: If only I work smarter and think things through before I make a decision, I too will make it big.

I'm proof of what I write here is true. My personal life's experiences have shown me this is correct because I started with dirt, and created a very nice nest egg to retire on, and through this process, I never had distain nor enfy nor bitterness toward those born into wealth....it's 90% attitude & common sense, and 10% ability.

This logic is extremely flawed. The question isn't "is it possible for poor people to succeed?" the question should be "why aren't more poor people succeeding and what can we do to increase the number that do?". This idea that "oh, well I know a few guys who were poor and got rich once so the system is perfect and everyone who's poor is just lazy" is completely missing the point. If 95% of poor people are living in terrible conditions, and will not escape those conditions in their lifetime, then our society has a problem.

And yes, it's a question of opportunity - it's a question of education and it's a question of societal influences. Why are so many Americans living below the poverty line and staying that way? The answer is that there are not nearly enough opportunities to get out. If you're born rich, quality education from day 1 is a given, and you can count on support from your parents - both financially and in terms of nepotism. You can take the same person born into a rich family and a poor family and, statistically speaking, they will be far, far less successful if born into a poor family. So no, this isn't equal, it's not fair, and it's something that needs to be fixed. I'm fine with people being richer than other based on merit or intelligence or whatever, but at least make sure everyone has access to the same starting line.