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Old 03-26-2016, 02:21 AM
 
24,488 posts, read 41,138,516 times
Reputation: 12920

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Quote:
Originally Posted by BigCityDreamer View Post
Are you saying that someone who invests their money in something and sees its value increase over time didn't earn it?
In terms of accounting, she did not earn it.

Obviously she earned it in all other senses of the term. She made decisions that paid off. By making those decisions, she earned the gains.
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Old 03-26-2016, 02:22 AM
 
33,016 posts, read 27,455,098 times
Reputation: 9074
Quote:
Originally Posted by Ultrarunner View Post
Focus on "Need"

Need is all encompassing...

Think of it like this... if you can't cover your needs you are indeed poor.

Contrary to the stereotype of the poor, I try to look and plan ahead for future needs. (There's a difference between thinking about future needs and being able to prepare adequately for them.)

So I disagree with Dickens as well.
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Old 03-26-2016, 02:28 AM
 
Location: Spain
12,722 posts, read 7,574,122 times
Reputation: 22634
Quote:
Originally Posted by freemkt View Post
I was a casualty of the times.
Why do I get the feeling "it wasn't my fault that I didn't succeed" is a well worn theme with you?

If you want to figure out why you've achieved about as much as a high school graduate, look here first. This attitude gets you nowhere, nor does obsessing over the value of an ex-girlfriends house.
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Old 03-26-2016, 02:30 AM
 
33,016 posts, read 27,455,098 times
Reputation: 9074
Quote:
Originally Posted by Ultrarunner View Post
Focus on "Need"

Need is all encompassing...

Think of it like this... if you can't cover your needs you are indeed poor.

Renting is where - in the absence of rent control or stabilization - you cannot control your future (housing financial) needs.

As I like to put it,

10 years ago I couldn't afford to buy, which is why today I can't afford to rent.
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Old 03-26-2016, 02:32 AM
 
33,016 posts, read 27,455,098 times
Reputation: 9074
Quote:
Originally Posted by lieqiang View Post
Why do I get the feeling "it wasn't my fault that I didn't succeed" is a well worn theme with you?

If you want to figure out why you've achieved about as much as a high school graduate, look here first. This attitude gets you nowhere, nor does obsessing over the value of an ex-girlfriends house.

This is a simple fact; I was born too late to get rich working in a NYC subway token booth; all the valuable coins were gone by the time I was old enough to work that job.
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Old 03-26-2016, 02:33 AM
 
106,668 posts, read 108,833,673 times
Reputation: 80159
of course he doesn't think they are working for a living .

he forgets some use their hands ,others their minds and still some their money to do what they do for a living .

the same way someone takes the risk taking a student loan like he did and it didn't pan out ,investors do that with their capital .

so by his logic if i bought a business and had others work it i would not be working .
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Old 03-26-2016, 02:34 AM
 
106,668 posts, read 108,833,673 times
Reputation: 80159
Quote:
Originally Posted by freemkt View Post
This is a simple fact; I was born too late to get rich working in a NYC subway token booth; all the valuable coins were gone by the time I was old enough to work that job.
what excuse number is born to late ?
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Old 03-26-2016, 02:36 AM
 
106,668 posts, read 108,833,673 times
Reputation: 80159
Quote:
Originally Posted by freemkt View Post
Renting is where - in the absence of rent control or stabilization - you cannot control your future (housing financial) needs.

As I like to put it,

10 years ago I couldn't afford to buy, which is why today I can't afford to rent.
how are your food costs , energy costs , medical costs and any other costs in life locked in either ?
again , renting isn't the issue , many rent their entire lives and are financially successful .

you are the problem , not the rent . you failed to earn an adequate living that supports you . that is the issue , not the rent
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Old 03-26-2016, 02:40 AM
 
33,016 posts, read 27,455,098 times
Reputation: 9074
Quote:
Originally Posted by mathjak107 View Post
of course he doesn't think they are working for a living .

he forgets some use their hands ,others their minds and still some their money to do what they do for a living .

the same way someone takes the risk taking a student loan like he did and it didn't pan out ,investors do that with their capital .

so by his logic if i bought a business and had others work it i would not be working .

"So what do you do for a living?"

"I own a business."

"That's nice, but what do you do?"

Some people use their feet; I had one job where I operated a foot pedal.
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Old 03-26-2016, 02:45 AM
 
106,668 posts, read 108,833,673 times
Reputation: 80159
for 40 years , at the end of the day despite some of the engineering stuff i did i bought a box and sold a box as an electrical wholesaler . i did very well selling those boxes others created .
as an investor i let my money work for me as well . i took the risk i would lose it or the risk i gave up other opportunity's by buying what i did and i expected to be compensated for taking that risk .

i want that compensation to be the max i can get , the same as all of us want as pay from our jobs .

the same way you couldn't care less about your boss's personal expenses the reality is as a landlord i couldn't care less about yours . you want to use my money invested in my property , you will pay for that privilege and pay as much as the market will let me earn .
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