Reply to Is "the system" designed to keep us poors in our place"

Forum Index » Money and Finances

Reply to "Is "the system" designed to keep us poors in our place""

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]Yes, I think the system is designed to keep people down somewhat. It is still very difficult to become "rich"[/quote]

How the heck do you figure that? If that's how you feel, fine, but present some reasoning behind that position.

As someone who grew his net wroth through discipline and hard work, the most frustrating thing I've encountered in the past 10 years has been the incredible amount of taxes I've paid. But even there, I've accepted that *someone* has to shoulder the cost of the advantages afforded to the citizens of the US by our system of law and government.

I will say, however, that there is somewhat of a divide between the ultra rich - those who have hundreds of millions or billions of networth, to those who merely have a few million or tens of millions. To get to the hundred of millions or billions, you either inherit it through lottery by birth, or have to be truly special and none of this merely-great top 1% crap. You have to have the drive, plus be surrounded by other capable people who can help you implement. You also need some luck, timing, and possibly favorable political support. Look at Lyft and Uber: I don't like either business but they kind of exemplifies the "stop at nothing" sense of need to push forward. Another example of a newly-minted billion dollar company is Tesla automobiles. You don't get to this level of wealth by just being a successful small business owner, or even a medium sized business owner, you have to change the world, or some significant portion of it.

So yes, it is very difficult to become ultra rich. But you can be quite successful through discipline and hard work.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics