Message to rich people, here is what even you don't get

There's alot of people posting here from socialist and probably communist countries. Some are quite happy to be told like good, little children what to do they're whole life. Kinda like our welfare people here in the U.S..

 

Seems like english must be your second language since any literate American knows that the contraction "They're" represents the term "They are" and not the possesive "Their" which is what you meant to use. They are whole life? Sounds like a elementary school kid.

And, all that shit you posted above. That must play well when you need to suck ass with your keepers.

 

Exactly. Well said.

Don't forget they also blame 'The Man' for their station and never take personal accountability for any of their asinine decisions in life. It's always someone else's fault they're poor. One of obama's favorite points to drive home.

 

You are so full of crap it’s not even funny. I am 25. 1)I don’t have any kids. 2)I haven’t quit a until I had another. 3)I have never not showed up to work and I think I have only called out sick once in 14 years of having a job. 4)I don’t drink, smoke, or play the lottery. Trading is really my only entertainment money I have wasted. 5)I have never gotten fired for not doing my job. 6) I have sent out resumes or called over 100 places in a 9 month period before thankfully landing 2 temporary jobs. I’ll have to start looking again in another 2 months. 7) Despite feeling that I could do other jobs very well, but not being given the right opportunity, I have delivered pizza off and on for the past 6 years because at least it was a job and I could make some money. Many other people are doing the same thing. 8) Which things should I not overspend on? My health insurance is going up 15% a year. Should I cut back on that? An apartment in my area is a minimum of $900 a month. Should I live on the street instead? People with perfect credit history are having their credit card interest rates triple for no other reason other than Chase can do it if they want to. Yet people like you complain that they spend $50 a month on a cell phone?

Despite all of this, I am broker than ever. I have started a few businesses and they all failed. No matter how hard I work or effort I put into something, most things just don’t work out. So now I’m back to having to just work a job just to stay ahead. But those don’t pay crap anymore. It used to be somebody could walk into a factory and support a family and be respected. Now, you people look down on those that work at McDonald’s and call them dumb and stupid cause they work there. What’s the difference? You are right about one thing. Poor people are poor because they keep doing the same thing, like getting a job. Good jobs are being replaced by crappy, low end jobs that usually don’t even pay enough to live on. They should instead figure out a why to screw the rich at their own game so that they can again receive an honest days pay for an honest days work.

 

You're 25 and you have had a job for14 years. LOL

 

Got a paper route when I was 11 and had my mom drive me around for 4 years. After that worked at a golf course and grocery store throughout high school. In the past 7 years, there have been very few weeks I have not worked at least 40 hours, and many were 60+.

 

Don't take this as a harsh response, but why not move to a less expensive area. In my neck of the woods there are help wanted signs all over the place. Decent efficiencies and 1 bedrooms run from $325 to $450. Less for a dumpier place. In the right places (away from the colleges) two bedrooms can be had for $400. Only the most outlandish apartments run $900+ a month. $900 a month could get you a McMansion.

Have you thought of trying to find a career that pays better? There are many craft and laborer jobs that pay well. The hours can be long, but then you frequently get 3 - 4 months off during the winter.

You could also join the military. They offer some great GI bill bennies that will pay for college. Select the right branch or job and you have almost no chance of going to a war zone, if that is a concern. Particularly with Pres Obama in the Whitehouse. The pay isn't bad, especially when you figure that they pay for your housing and meals. And it will give you an opportunity to meet a quite varied group of people and maybe see a part of the world. It may also give you some job skills that are completely relevent in the civilian world, and the opportunity to move to a better place.

It would seem your biggest problem is that there are too many competing for too few jobs.

Just some thoughts. Good luck.

 

Ok, no problem. Either way, the secret to riches is not in how much money you earn. There are many people who work as cleaners, laborers, or at McDonanlds, and some of them do become rich. Personally I don't believe that people who work at low paid jobs are dumb, they are just on a different path or at different stages of their life, and their respect should come from within and not from what others think of them, even though I believe that most rich people do respect them.

You see, the secret to riches is within your mind. Even toilet cleaners who make just a couple hundred bucks per week instead of couple grand like traders can become millionaires, just by changing their attitude and getting basic money education such a reading books like 'Rich Dad, Poor Dad' to get them to start thinking differently and obviously they have to apply the principles of rich. Things like "compounding interest" can do wonders if applied in one's favor, however most poor people buy liabilities on credit and have "compounding interest" work against them. Awareness and application of simple things like this is where the rubber meets the road, and not in taking away from the rich. Poor people in the western world need to learn to take responsibility for their mistakes, and work on self-improvement instead of blaming the government and the rich.

I think poor people in the western world want instant gratification, they spend more than they earn, or/and they lack planning and goal setting and start businesses without proper business plan and research and then when find themselves in the deep hole they want the rich to rescue them. I’d bet that that 99% of the poor people in western world doesn’t have a plan and written goals with sound low risk strategies, and then they become "victims of circumstances".

If the poor people don't stop and do some introspective work and stop self-sabotaging themselves, they 'll continue to be like rats on a treadmill. Someone once said that if all the money from the rich would be distributed to the poor, then in couple of years the rich would have their money back and the poor would be poor again. I tend to agree with that, because rich people have different psychology in comparison with the poor.

 

Yea thanks for the suggestions. Actually that was just an example. I actually still live with my parents. They have never been in a hurry to kick me out and I have never been in a hurry to start paying rent. I used the money instead to invest and start businesses, neither of which has worked out. However my health insurance and all other expenses have been going significantly over the past few years.

You know I’m beginning to see how living in a big suburban area is actually a bad thing. Supposedly I live in the 12th richest county in the country, but a decent job is still hard to come by. There are so many 40+ people with college degrees and experience that take the good government and tech and science jobs. I worked for the Census Bureau for a month on a temp assignment. I can’t believe how much paperwork and testing and waiting and lack of communication I had to go through just to get that. Then most of blue collar jobs are being filled by all the immigrants that have overrun everything here. Most people my age are only able to make half way decent money by working at restaurants and getting tips.

Young people today are having it much harder than our parents did. As you say, there are way too many people competing for too few jobs.

 

OK I think you nailed my quest in life, to become secretly rich. I never thought of pizza delivery as a way to make money to live on, I used it to make good money to compound it just like you said. Unfortunately, what do you do when none of that works out? I have to cheat on my taxes just to try to make MORE money. I have so many write offs from business losses and trading losses, I don’t know what to do with it. So when you work a job to use the money to invest, but that doesn’t work out, all you’re left with is a job that is paying less and a higher cost of living. So you’re basically screwed.

There’s should be no guarantees when it comes to business and investing endeavors. But if those don’t work out, don’t you think people should be able to at least get a job and if they work, they should at least be able to afford the bare essentials to live on? Call me a Socialist if you want to, but that’s how I feel. So in that respect I think the critisizm by the poor to the rich and the government is justified. Nobody is entitled to riches or a good life, but why are the poor’s cost of living always going higher and higher, meanwhile their wages are continually stagnant or even dropping? You don’t think that’s a result of the government and the rich shafting them?

I have also heard that if all the riches were redistributed, everybody would end up right back where they were. I suppose I would mostly agree with that with a little exception. Many baby boomers have what they have today, not because they are smarter or more hard working than the youth of today, but because really, they got lucky. How can anybody compare who would have all the riches when there are different playing fields? Take a 55 year old engineer or doctor or government worker. Do you really think they would be in the same place in 30 years if they had to do it all over again? All of a sudden they’ll find out they can’t afford to work 3 months in the Summer to pay for their whole years college. They will actually have to graduate with 50k in student loans, not to mention the credit cards they used to cover the rest of their living expenses. Then when they get out of college, they are surprised to find that you actually have to compete for jobs now. Then of course you have to deal with all of the cheap immigrants that the government and corporations bring over here and justify why you should get paid more than them for doing the same thing. Then they realize that homes don’t cost 40k anymore, they are now 350k. I could go on and on. But before anybody believes that the rich would always be rich and the poor poor, they should look at how each of them got there and ask if the roles were reversed if there would be the same outcome.

There’s another thread that talks about the way the poor and rich act. Check it out.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=164939