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Discussion and Debate
Discussion and Debate
Ethics & Morality
4 Day Work Week
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<blockquote data-quote="OldWiseGuy" data-source="post: 71435783" data-attributes="member: 139156"><p>No problem, I get it. But I think you are projecting your experience a bit too broadly. You have touched on one of the two greatest reasons for failure, imo. One is that you must "start a company" in order to get rich, the other being an unrealistic time frame in which to succeed. "I want to be a millionaire by age 30" is a familiar one. Very immature and totally unrealistic.</p><p></p><p> "Get rich slow" is the proper approach.</p><p></p><p>Real estate is still the very best way for the average person to get rich. One can buy property with little down, improve the property with your own labor, while living in the property and collecting rent from roommates (assuming one is smart enough to stay unmarried for a few years). No college degree needed. Simple, eh?</p><p></p><p>How does one get the money for the down payment? Start in high school by working at McD's or the local supermarket, or both during the summer.</p><p></p><p>Any type of employment is the gateway to wealth. Start saving early and it becomes a habit. The more one has in the bank the more clearly one can see a successful future. Then when "preparation meets opportunity" you're on your way.</p><p></p><p>Don't they teach this stuff in school? <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /></p></blockquote><p></p>
[QUOTE="OldWiseGuy, post: 71435783, member: 139156"] No problem, I get it. But I think you are projecting your experience a bit too broadly. You have touched on one of the two greatest reasons for failure, imo. One is that you must "start a company" in order to get rich, the other being an unrealistic time frame in which to succeed. "I want to be a millionaire by age 30" is a familiar one. Very immature and totally unrealistic. "Get rich slow" is the proper approach. Real estate is still the very best way for the average person to get rich. One can buy property with little down, improve the property with your own labor, while living in the property and collecting rent from roommates (assuming one is smart enough to stay unmarried for a few years). No college degree needed. Simple, eh? How does one get the money for the down payment? Start in high school by working at McD's or the local supermarket, or both during the summer. Any type of employment is the gateway to wealth. Start saving early and it becomes a habit. The more one has in the bank the more clearly one can see a successful future. Then when "preparation meets opportunity" you're on your way. Don't they teach this stuff in school? ;) [/QUOTE]
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