Money
This is a cruel world we are living in. I am currently reading this book titled 'rich dad, poor dad'. Even though this book is suppose to educate people on how the rich earn money which the poor and middle classes do not know, there is actually no such thing. What the rich have that the poor and middle do not have is actually money. With money, u can use it to make more money and without it, u can't do anything. The author claims that it is a poor person's mindset to say that they have no money, because u must use your brains to actually find money and not just say that it is impossible or it is too risky. However, how many opportunites are there actually for the poor to 'find money' (which is actually investing without cashflow and thereby earning money from buying and selling things off with no capital - a form of risk taking) and thereby from there use the new found money to make money. The book advises people to invest in assets and not liability but how do we know what is what? It is easy to say that u just have to use ur brain and think about which is which and by knowing the market u can minimise the risk. In the end, it is all just a fraud to cheat people into entering the market so that the lucky ones can earn from the unlucky ones. If people are really able to predict the future, they are able to speculate whether a stock will raise and fall at a high percentage, there will not be such a thing as chance. There is no way to actually minimise ur risk (in high risk invesments) but only to invest smartly in different areas whereby some are absolutely safe and and some are just dangerous but high profit investments e.g. 90% in long term insurance and 10% in real estate.
Anyway, the real point of this post is not to insult the book (even though the book is really a fraud in my opinion for the author to earn money from the poor and the middle class). What i am trying to get at is how many people can actually earn money from investments? There is actually a limited amount of money in the market (even though banks and governments can print more). Therefore, only through someone's loss and someone earn. Just like only through someone's defeat can someone win. The world is cruel and selfish. The rich will get richer and the poor will get poorer because the rich have the resources to suck money from the poor. ANd the the rich will never have enough because we man are selfish and are afraid of losing what we have. Therefore to stop that fear of losing, we have to constantly keep winning. The rich will keep sucking money from the poor and the balance can only be maintained by the government. Taxes are said to be the solution that distribution the wealth of the rich to the poor. I think not. There are so many laws and constuition in this world that protects the rich more than the poor. There are legal loopholes which help the rich to pay less taxes than the poor in the end.
Life is just cruel and sad. Thats because humans are selfish creatures and sometimes it takes a mad person to actually show what is goodness and kindness. Because only mad people are able to relieve themselves or human's selfish instinct (from the movie - the man who was superman).
Anyway, the real point of this post is not to insult the book (even though the book is really a fraud in my opinion for the author to earn money from the poor and the middle class). What i am trying to get at is how many people can actually earn money from investments? There is actually a limited amount of money in the market (even though banks and governments can print more). Therefore, only through someone's loss and someone earn. Just like only through someone's defeat can someone win. The world is cruel and selfish. The rich will get richer and the poor will get poorer because the rich have the resources to suck money from the poor. ANd the the rich will never have enough because we man are selfish and are afraid of losing what we have. Therefore to stop that fear of losing, we have to constantly keep winning. The rich will keep sucking money from the poor and the balance can only be maintained by the government. Taxes are said to be the solution that distribution the wealth of the rich to the poor. I think not. There are so many laws and constuition in this world that protects the rich more than the poor. There are legal loopholes which help the rich to pay less taxes than the poor in the end.
Life is just cruel and sad. Thats because humans are selfish creatures and sometimes it takes a mad person to actually show what is goodness and kindness. Because only mad people are able to relieve themselves or human's selfish instinct (from the movie - the man who was superman).
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