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The rich are getting richer.
America is getting richer,too. The median income per capita is $31,786. That's up from $21,539 in 2000.
But, no. The rich are not taking anything away from anyone to become richer. The rich own mostly the appreciating stuff. Poor people either own nothing or they own the depreciating stuff.
You couldn't be more wrong. If someone is bored without work, it's their own fault. I worked so I could spend as many years as possible not having to work. My wife and I are so busy that we sometimes wonder that we ever had time to work.
hobbies can equate to work. Gardening, knitting, writing, etc. are all work. Just because they are not profitable doesn't mean they aren't work.
You need something to live for, kids, subsistence, ect.
If all you have left is to watch TV, no matter the instant gratification, there will be a long term decline.
The healthiest life is almost always the one where stability over deep highs and lows rule.
The rich are getting richer.
America is getting richer,too. The median income per capita is $31,786. That's up from $21,539 in 2000.
But, no. The rich are not taking anything away from anyone to become richer. The rich own mostly the appreciating stuff. Poor people either own nothing or they own the depreciating stuff.
Counting inflation and rising education costs/medical costs, it isn't as rosy as that.
But even if it were true it would be worse for society.
Anything thinking person looking at a stock chart of Microsoft, Apple, Netflix, Amazon, Google, Facebook and many other widely held stocks of wealthy people would understand immediately that yes, massive gains are going to the top.
The key to getting rich is to have multiple streams of income and having your money work for you. I talk to a lot of co-workers and few would invest 20%+ of their income on investment. There's still the bad taste of the market crash from a decade ago. But, if you're one of the folks that invested heavily after the crash you should be up by atleast 80%. I look at my investment, some of my long held stocks. They're up by 78% and I haven't sold them. I've dumped many losers and bought new stocks and those are now up by alot erasing my losses.
My uncle told me that each generation has their gold rush moments. If you can take advantage of just one of these you'll be set for life.
50% of all households hold stocks. Another sizable percentage hold stocks either through their 401ks or their pension funds. Anyone who claims that gains in the stock market aren't going into the pockets of average Americans is indulging in lazy class warfare.
50% of all households hold stocks. Another sizable percentage hold stocks either through their 401ks or their pension funds. Anyone who claims that gains in the stock market aren't going into the pockets of average Americans is indulging in lazy class warfare.
50% of all households hold stocks. Another sizable percentage hold stocks either through their 401ks or their pension funds. Anyone who claims that gains in the stock market aren't going into the pockets of average Americans is indulging in lazy class warfare.
huh?
Not everyone owns the same volume/amount of stocks.
Just because you are own stock does not make you equivalent to other stockholders.
Just because you are own stock does not make you equivalent to other stockholders.
This is true, because most people don't put enough money from their paychecks into their 401k.
Ideally, it should be at least 10% of every paycheck.
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