slb- He's not a troll he's just a socialist who thinks a couple of economics classes makes him smarter than people who actually do make a lot of money.
jon024- with the internet and technology today there is no time in history that has been better to get involved with business for very little money. the current economy is in bad shape, but that just means that if you were able to find something that you can generate a small profit with today that you will be in prime position when things turn around.
Look around you for things that might make other people's lives easier or better. Find a way to get it to them cheaper and higher quality. Learn about branding and marketing- they are KEY to building something that can take on a life of its own.
Also....I have mentioned this before, but your best move if you have some free time might be to find someone who is already accomplished and donate your time to them in exchange for an education. If you are sincere, hard working, and reasonably intelligent there are people who would love to teach an apprentice.
Duffdog said:
If you did not create a monopolistic style environment through your careful choice of property, you would have to compete with the hundreds of other rental properties on the basis of price, which would obviously cut into your profit margin. Since you do not have to compete, you do have an implied monopoly.
Wow, that was PROFOUND.
Are you seriously going to try to shoehorn your monopoly theory into this by claiming that I have somehow magically eliminated competition? You ARE kidding, right?
This thread is 22 pages long, and out of the handful of misinformed replies, this has to take the cake as the most ridiculous. Seriously man, you're trying too hard. I almost spit out my iced tea when I started reading about how I created this "rental monopoly".
]I don't care about your family history thank you very much.
Of course you don't, because as with the questions you choose to not to answer, you have no reply that supports your stance. You could at least fall back on your default "it's because you got lucky" theory. It's still the weakest of the weak but at least you would be congruent.
The theory is not mine, nor is it an excuse. Those axioms have been adhered to since the beginning of time.
I would like to know where you learned these "axioms", because i have read up on quite a few wealthy folks and the only place I have ever encountered such quackery as your theories on monopolies were from conspiracy theorists, NOT people who have "made it".
The very first entity to utilize this theory was religion. They created a monopoly on God, and if you wanted to go to heaven, you had to do what they said.
It is quite interesting how you keep mentioning monopolies as if the people of the world are utterly incapable of making their own decisions. This of course falls directly in line with your idea that luck is the only thing you can have on your side, because by giving any sort of credence to the idea that people have the capacity to decide things for themselves you would have to concede that there might actually be some talent involved.
The problem with your reasoning is that not everyone can be rich no matter what they do or how hard they try. The instant that everyone "can" become rich, nobody is rich.
For the hundredth time, I clearly stated that not everyone WILL become rich, but anyone CAN become rich if they do the right things.
Maybe all of these "lucky" people should just stop trying, because according your your way of thinking, 8000 people bust their asses for nothing to every 1 that gets lucky.
You know what would happen if that were true? Well, we would probably all still be living in caves and clubbing a woolly mammoth for dinner. If everyone believed the crap you speak there would BE NO CIVILIZATION as we know it, because everyone would be sitting on the sidelines. No cars, no grocery stores, no houses.....NOTHING.
I suppose you will find some way to explain the advancement of civilization as luck too. Can't wait to hear that....
Or, that those laws of economics (not theories) do not require defending since they have transcended and are found in every business which has ever existed at any time without any exceptions.
Again, show me something other than liberal slanted socialist propaganda to support your theory.
The idea that wealth is something that is just sitting there for the taking and all that is required to seize it is some good old fashioned elbow grease and hand shaking is just about the most naive thing I have ever read.
There's a little more to it than that, but those who refuse to even take a step in the right direction will certainly never see it....
Wealth is distributed among people, when one gets rich, another must get poor. Its that simple. Resources are scarce and people are inherently nasty about losing them.
There is a reason why socialism and communism have failed, and that is because you can't go against the grain of human nature which is to ensure your own well being and that of your offspring over and above that of others.
I'm sure you make decent money hooking up sound. Probably more than a teacher or a police officer. How do you reconcile taking a larger share of the pie than a public servant? Why does a lawyer make more money than a busboy?
Maybe you can explain your magic formula for determining who deserves to make how much money? Or feel free to skip this question since it happens to be another one of those that you can't possibly find a logical answer to....
They only surrender their resources when they have to. You are one of the people who force them to surrender their resources so that you become rich. Congratulations.
Shame on me for profiting on the risks I take! It isn't like I am actually providing a SERVICE for other people! Maybe if someone can't afford to buy a house they should be left out on the street? No, maybe we should all (everyone but the government fat cats, that is) live in government housing. Maybe all of our houses should be the same and doctors should make the same amount of money as the lawn guy. Sounds like quite the utopia!
Oh...wait, you didn't know that I forecasted the economy for the State of California when I was in college. Now I remember, you thought that all I did was hook up wires to speakers.
Then i would expect you to be a little more versed in money than you are.
This discussion isn't about me, as my investments with business and the stock market are paying off handsomely. Again, thank you very much. I don't feel like "telling you what can and can't work" because that subject is too vast to cover on a website. It requires lots of study and diligence to read books that don't tell you how to Get Rich Quick.
Of course this discussion isn't about you, because you are talking about something you know little to nothing about.
Your stock market investments are paying off handsomely eh? Last I heard the stock market was in the same toilet that the real estate market is in. Or were you just LUCKY enough to have picked the few stocks that are worth more today than they were 5 years ago?
Again with the "get rich quick" line. Are you done with that? Cause I have repeatedly stated that I advocate nothing of the sort. This is just another one of those things that you try to use as ammunition against things you don't understand.
And please, share with us the titles of a few of these books that teach you the "right" way to build wealth.
, due to my highly adept experience with the economy and my ability to see through scams and recognize economic trends, I will most likely eclipse EVEN YOU (as if you are some sort of benchmark) in wealth by sticking with sound economic principles instead of reading books written by a bunch of crackhead scam artists.
All of us are still waiting for you to shower us with these "sound economic principles" but you keep going off on different tangents with looney, incoherent associations to the subject at hand.
Um, yea...I'm not sure that you are credible on any other level than a post on a PUA website. Yet, I have degrees in this sort of thing.
A degree in wealth? HAH!
You went to school and they taught you the skills necessary to work for someone else on a micro level and to keep to your own little place in society. Society taught you to automatically discredit anything that goes against what you learn in school, and your parents probably instilled socialist ideas into your head. That's quite the recipe for a hater who lacks the capacity to think for himself, which is what you have shown yourself to be.
I used to hold a lot of the same beliefs you do. Back in high school, that is. Before I had any EXPERIENCE. Then I grew up. I got out into the real world and started businesses, purchased, remodeled, and rented properties, and dabbled in the stock market. I learned REAL QUICK that much of what I was taught growing up was stale advice given to me by people with zero real world experience on the subject. My parents and my entire extended family was middle class and constantly struggling. yet they would try to give me advice on how to get ahead in life. I learned that much of what is taught is there for the benefit of OTHERS, not myself, no matter how well intentioned.
The balance of credibility is on my side. I'm not answering your questions because they are so far reaching that they go beyond the scope of even your rantings. Its like asking the question: Why are we here?
Once again, you don't answer because your answer would either make you look like a fool or would expose your ideas as a farce.
