About wealthy people [View all]

[GRACIEBIRD]

As I've grown up I've been exposed to a number of wealthy people. Most of them have been "self-made" meaning their wealth was amassed by their own action, not by their birth.

They are different than you and I. Do they work harder? No, not really. They work differently. Let me explain.

They LOVE building business and making money. In fact they live for it. I firmly believe that the vast majority of "self made" wealthy people could be dropped in a small town with $10 in their pocket and be a wealthy again in a few years. It's who they are, they have special skills to facilitate this. They resonate confidence and power. They are single minded. They wake in the morning before the average citizen to check the news and check their investments. They look at every facet of life as an opportunity to build wealth.

I, on the other hand will never be one of them. I prefer to goof around online or be in nature or with friends having fun. I prefer to enjoy life by letting the winds of life tussle my hair rather than trying to control the wind.

So what is the meaning of this rant? I have no problem with many wealthy people.
They are a rare and unique type of person who is vital for a nation. However I do have a problem with how some of them use their money or hoard it. Every dollar/euro taken out of circulation by setting in a 401k or a mutual fund or a Zurich bank vault has lost it's ability to drive the economic engine. I am a proponent of fair taxation. I believe that money should not be stagnant. Possibly a tax on unspent money or further taxes on investment income?

But finally, don't hate the wealthy for being different. But encourage them to keep their money circulating.

(oh and to clarify, I'm only talking about people who become wealthy by their efforts not by birth or Hollywood, etc.)