Friday, November 03, 2006

Why We Want You To Be Rich



As I'm writing I'm watching this interview of Robert Kiyosaki (who?) this guy who wrote 'Rich Dad Poor Dad' and Donald Trump on this book they have out. Yeah I'm so behind - it was done some time ago on the Paula White show. Interesting.

Timing is right as Americans are going to polls - concern is for the shrinking middle class (ordinary Americans have missed out on the benefits of growth apparently). The old story the rest of the world is facing with the rich getting richer at the expense of poor or middle class for that matter. It goes further that income stagnation is affecting people with college degrees as much! - in America! Amazing. There was a time when you only had to be born in America to have made it in life.

An interesting thought:
Most of want to enjoy what money and riches have to offer but very few are ready to do what it takes. We make a few chums and hand them over to some fund manager or Financial advisor to invest it on our behalf. The fund manager invests in the stock market, he/she also loses control of our hard earned money to the stock market. Oops don't forget we are in control at our place of work someone else holds our fate!

It's all not gloomy look at Warren Buffet - Is D. Trump into stock trading? I'm not really sure though I doubt. He comes up with an idea and you and me invest in it.

I certainly want to be rich too - we all want to. It's good others who have made it want us to join them too. Have you read the book?

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