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WHY THE RICH GET RICHER The general trend, in a capitalist economy governed by private property, would be for the rich to get richer—for inequality to increase steadily over time. That had been true in the initial stages of industrialization and remains the fact nowadays. One reason: The wealthiest 1 percent put three-quarters of their savings into investment assets. By contrast, the middle class had 63 percent of their assets tied up in their homes, with home equity accounting for about a third since they have large mortgage debt. The differences reflect the greater share of high-yield investment assets like stocks in the portfolios of the rich and the greater share of housing in the portfolio of the middle class. Of course, the rich can afford to lose more—so they can take more risks and make more when times are good. But the lesson is clear: the wealth gap is caused in large part by the investment gap. Some other psychological reasons should be considered as well, they are nicely reflected on the chart above, so spend some time to examine that.
BIST:XAUUSD1!Education
by TopTradingSignals
38
Shiba ....🐶 Rich Dad poor Dad ....Robert Kiyosaki: The time has come to buy digital currency! Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, says the end of fake money is here, after predicting the biggest bull market in world history. The acclaimed author tweeted some lessons for investors on Thursday. , I mentioned 3 lessons of rich dad: Your home is not an asset. Savings are losers. The rich don't work for money. Kiyosaki has repeatedly warned that the biggest crash in the history of the world is coming. In April, he said all markets were falling. He has constantly urged his subscribers to buy cryptocurrency now before the biggest crash in world history. This famous author has been waiting for these days for months.
Long
by Baharmostofi
6
Bitcoin 300k by the year of 2021My long term analysis price of Bitcoin, I wonder what other people think? I am a big believer in crypto and one day it will get as high as shown on the graph! I advise everyone to buy in 10%-5% of your income (salary) each month, no matter what the price is today! Don't wait for the pull backs, as you will buy your bitcoin higher and lose out. In just a couple of years, holding you bitcoin could earn you 2000% of income. As they say history repeats and we are at early stages of adopting crypto, don't miss your chance to be rich! My twitter: @CryptoWolfy7 PS This is my own opinion, not financial advice. Good Luck!
BITSTAMP:BTCUSDLong
by ArturMemetov
Why The Rich Get Richer. It Is Your CHOICE What is the difference between the rich vs poor mindset? How do the successful differ from the rest of us? So many people do not obtain financial freedom because they do not have one thing: the right mindset . Everything starts with how you think about money, wealth, and success. It is not a matter of luck, birth, or connections. The biggest differences between rich and poor people can be traced back to mindset, outlook, and behavior. The rich and the poor don’t only differ in how much they have in their pocket, but also in how they think. Rich people have a way of thinking that is different from poor and middle-class people. They think differently about money, wealth, themselves, other people, and life . By doing so, you will have some alternative beliefs in your mind from which to choose. In this way, you can catch yourself thinking as poor people do and quickly switch over to how rich people think. A positive attitude , focusing on doing the right thing overlooking good, becoming a continual learner and careful risk management are all differences between the rich and poor. This reduces their odds of becoming poor after disaster strikes, and it helps them achieve their financial goals over the long-term. A rich mindset will tell you to be self-sufficient & build multiple streams of income. It will tell you to build a team of smarter people than you to leverage the efforts of talented people. The mindset of the rich is the most decisive reason why “the rich keep getting richer, while the poor get poorer.” Bill Gates has been quoted as saying, “If we weren't still hiring great people and pushing ahead at full speed, it would be easy to fall behind and become some mediocre company.” So, which mindset do you have? ❗️Please, support this idea with like and comment! Thank will help a lot! Also, subscribe to my social networks, the link is below!❗️
Education
by SignalProvider
28