Originally posted by Pagewizard_YKS:
The poor can get rich by borrowing money and investing, and the rich get richer the same way. Many of the old-money rich families made their fortunes through business and investments. What is to stop me (or anyone else here) from doing the same thing and also becoming rich?
I consider it a disadvantage to be born into the "lucky sperm club" and have inherited wealth, b/c often people who get their wealth this way are miserable. They live like misers and are paranoid about losing everything b/c they know that they can't get it back.
I consider it a disadvantage to be born into the "lucky sperm club" and have inherited wealth, b/c often people who get their wealth this way are miserable. They live like misers and are paranoid about losing everything b/c they know that they can't get it back.
Generalizations are wonderful! Go take an economics class!