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yes, it's awful when you have to spend your time calling your CPA or your investment adviser. It cuts into playing Pony Polo or driving your Maserati, it's a tough life indeed. And the poor, heck they simply slog through simple tasks, like trying to raise children alone, or hoping they can make a paycheck last until you they get the next one, or waking up every day hoping that the bus that takes you to work won't be late again. tsk tsk
See my previous post. If you watched less TV and dealt more with real people of means, you would know that there is no such simple matter :-).
That's both silly and insulting. Stories about the rich working 'oh so hard' aren't in any way relevant. If you are rich and you work hard you do it because you choose to, that is much different than cleaning toilets 8 or 10 hours a day because you have to. I would expect that most people would understand the distinction.
You know OF some, or you know them personally? Knowing of something through secondary sources would be pretty unreliable in this case, as people have bizarre beliefs about the rich (as demonstrated on this thread), and make up all sorts of stories.
That's both silly and insulting. Stories about the rich working 'oh so hard' aren't in any way relevant. If you are rich and you work hard you do it because you choose to, that is much different than cleaning toilets 8 or 10 hours a day because you have to. I would expect that most people would understand the distinction.
If you are rich and do not work hard, you will stop being rich. Cleaning toilets may not be a choice, but it is very easy. - so easy that it is actually hard to believe that it can pay a living wage. What rich people choose to do is generally not easy at all.
If you are rich and do not work hard, you will stop being rich. Cleaning toilets may not be a choice, but it is very easy. - so easy that it is actually hard to believe that it can pay a living wage. What rich people choose to do is generally not easy at all.
As I said before if you are 'rich' all you have to do to remain rich for the rest of your life is avoiding spending more than the yield on your investments. Easy peasy lemon squeezy
The one who has financial backing to get into Harvard and has lived a life of lavish luxury up until college and sometimes after college and for the rest of their lives. The ghetto girl isn't living in a mansion getting thousands a week in allowance and driving a porsche. Boo hoo if the rich put high demands on their kids. Nothing is worse than the cries of the poor little rich.
If you are rich, and competitive enough for Harvard, your family pays for your education at Harvard; if you are poor and competitive enough for Harvard, someone else pays for your education at Harvard (through scholarships established by "rich families" that you are haranguing against, and without which poor kids would have no chance of getting that kind of education, no matter how smart they were). Lavish luxury? As seen on TV? Please see my previous posts about that. The richest girl I have ever known was driving a small battered Honda.
As I said before if you are 'rich' all you have to do to remain rich for the rest of your life is avoiding spending more than the yield on your investments. Easy peasy lemon squeezy
Investments can, and relatively often do, fail catastrophically. You can"t avoid spending less than zero, and investments relatively often yield less than zero. What do you think the oil and real estate investore in Houston are earning on their relatively safe investments (oil and housing in an economically booming city) right now?
Just out of interest, guys, If you don't think the rich are the economic basis that makes everybody else's life decently livable, why don't you move to a country that abolished the rich? Why don't you move to Cuba? There are no rich people there to run the economy, so it is indeed the place of your dreams. It seems you'd like the US to be the same - but, thank goodness, it still does not seem like there is too much chance of that, most Americans aren't that stupid.
You know OF some, or you know them personally? Knowing of something through secondary sources would be pretty unreliable in this case, as people have bizarre beliefs about the rich (as demonstrated on this thread), and make up all sorts of stories.
And why might that be any different than you and your bizarre beliefs about the poor and/or middle class and how you make up all sorts of stories and assumptions about them? So, speaking of unreliable......
You have clearly demonstrated in this thread that you are the furthest thing from being any kind of an expert on either side of the coin here so why even try to act like you are? Knowing a few people "personally" as opposed to "knowing of some" by no means makes any difference on whether someone is qualified to speak on the subject or not so that lame argument will get you nowhere.
With your so-called analogy and portrayals of the rich and the poor, it appears that YOU are the only one who is watching way too much TV.
Just out of interest, guys, If you don't think the rich are the economic basis that makes everybody else's life decently livable, why don't you move to a country that abolished the rich? Why don't you move to Cuba? There are no rich people there to run the economy, so it is indeed the place of your dreams. It seems you'd like the US to be the same - but, thank goodness, it still does not seem like there is too much chance of that, most Americans aren't that stupid.
And let's reverse that. If you don't like having any of the poor in our country (which many of them are working the menial jobs that the rich would never take but yet can't live without those services) then why don't you move to a country where there are no poor people? Oh, wait.
Every bit of logic that you spew here is seriously flawed and beyond laughable.
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Thank You.
