General Discussion

lumpy

(13,704 posts)

17. The way to get rich (whatever that is) is by dedicating your life to that pursuit.

Sat Jul 7, 2012, 02:36 PM

Jul 2012

That is if you are not one of the US aristocracy and spend your waking hours thinking about how to accumulate money.
I always think about my brother-in-law who worked hard, invested in the market, toward that goal. His family scrimped and saved, did without, passed up opportunities to enjoy life. When he was in his 60s he hit the million mark, very proud of doing it. Well, his wife was beset by ill health and his health began to deteriorate. Their kids had moved on. The opportunity to experience a happy full life had passed on.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

78 replies

= new reply since forum marked as read

Highlight:

You don't get rich by working hard, not in America anyway [View all] kpete Jul 2012 OP

As Someone Said, Ma'am, If Hard Work Makes You Rich, Every Woman In Africa Would Be a Millionaire The Magistrate Jul 2012 #1

The real enemy.... dtom67 Jul 2012 #2

+1 SammyWinstonJack Jul 2012 #5

Nope. You get rich watching OTHER people work really hard Tsiyu Jul 2012 #3

"Hard work is good for you." Usually said by rich people who don't work. Tierra_y_Libertad Jul 2012 #4

Capital gains tax rate has been cut in half since Reagan took TBF Jul 2012 #6

Only the scheduled rate. The effective rate has been cut even more. Scuba Jul 2012 #30

Thanks - I'm no economist but I have read about a rate TBF Jul 2012 #35

Yep, 15% for you and me, major loopholes for the truly wealthy. Scuba Jul 2012 #56

Read this on another message board Wounded Bear Jul 2012 #7

Apparently, the people on that board have Norrin Radd Jul 2012 #43

That's been true for a few millenia FarCenter Jul 2012 #8

Hell yeah Orrex Jul 2012 #9

The great educator Paulo Freire would say that they have internalized the oppressor, because that patrice Jul 2012 #16

Excellent - exactly right. Freire was a very smart man. nt TBF Jul 2012 #37

Labor is the weakest form of wealth generation FarCenter Jul 2012 #18

I understand your philospophy, but owning real estate truedelphi Jul 2012 #63

I am so sick of the worn out cliche PatSeg Jul 2012 #10

Lucy's oldest boy treestar Jul 2012 #77

Very powerful song PatSeg Jul 2012 #78

Feel free to stand by your fire and stir your thin gruel. zoechen Jul 2012 #11

What is a good way to explain the inertia of that wealth? It's like a magnet, a black-hole, a . . . patrice Jul 2012 #12

Definitely, an object with it's own measurable gravity mojowork_n Jul 2012 #22

We also need to figure out how to attach job happiness & satisfaction to a just wage. patrice Jul 2012 #13

It's difficult, but not impossible. Steve Jobs didn't come from money, pnwmom Jul 2012 #14

Read the comments to this article to get a feeling Norrin Radd Jul 2012 #45

Thanks for the link. My husband works at a company that uses pnwmom Jul 2012 #48

You get rich by stealing billions from American taxpayers Rex Jul 2012 #15

The way to get rich (whatever that is) is by dedicating your life to that pursuit. lumpy Jul 2012 #17

unfortunately you did not prove your thesis hfojvt Jul 2012 #19

With all due respect, livingonearth Jul 2012 #20

not really hfojvt Jul 2012 #70

Neither have you. mojowork_n Jul 2012 #24

Just out of curiosity... zoechen Jul 2012 #26

Stop believing the Republican lies about the economy, for one. mojowork_n Jul 2012 #32

The claim is being understood differently. Igel Jul 2012 #40

I beg to differ. Laelth Jul 2012 #65

burden of proof does not fall on me hfojvt Jul 2012 #71

I work my ass off in the most dangerous trade in construction, and we can barely pay bills pasto76 Jul 2012 #21

Who's fault is that anyway? eom zoechen Jul 2012 #23

I guess we're not all as gifted, creative and industrious as you are. eom mojowork_n Jul 2012 #25

Who's fault is that anyway? eom zoechen Jul 2012 #27

Polly want a cracker? mojowork_n Jul 2012 #28

Yes please zoechen Jul 2012 #31

You could always add an anchovy, or six. mojowork_n Jul 2012 #33

Post removed Post removed Jul 2012 #36

The 5 Guys mojowork_n Jul 2012 #39

Ya I see zoechen Jul 2012 #41

Those Wendy's employees aren't paid enough to care. Norrin Radd Jul 2012 #47

Aren't paid enough to care? zoechen Jul 2012 #50

Straw man argument. No one should have to meet your opinion Norrin Radd Jul 2012 #66

"they don't even try,"--broad brush, or are you just trolling? nt raccoon Jul 2012 #60

rofl Tsiyu Jul 2012 #34

Know what I thought when I saw the thread title? cherokeeprogressive Jul 2012 #42

Yous d00ds seem fairly smart zoechen Jul 2012 #44

Not sure what the question is but if it's along the lines of cherokeeprogressive Jul 2012 #52

Don't sweat it... zoechen Jul 2012 #54

And how's that working for you? Tsiyu Jul 2012 #57

It's working pretty good. I'm not rich but I'm happy. cherokeeprogressive Jul 2012 #58

Ah...but the point was getting rich, wasn't it? Tsiyu Jul 2012 #59

I'm sorry that you have not been able to move up the ladder zoechen Jul 2012 #62

You are so adorable Tsiyu Jul 2012 #64

I bet your kids worked hard for those qualifications. Nye Bevan Jul 2012 #68

I'm so amused Tsiyu Jul 2012 #72

It's the fault of a system that awards investors more SomethingFishy Jul 2012 #69

Awww...buh bye progressoid Jul 2012 #74

No you just have to be like Gates and steal Job's ideas. Little Star Jul 2012 #29

I think that this is a problem Nikia Jul 2012 #38

Every day.. the 1% get up.. and figure out a way to rip off the 99%..... lib2DaBone Jul 2012 #46

Some people bust their asses building a business and become multimillionaires. Nye Bevan Jul 2012 #49

duh. k/r. nt limpyhobbler Jul 2012 #51

more like from insider trading notadmblnd Jul 2012 #53

Why Put all of us in the same box? crimson77 Jul 2012 #55

We could start by throwing a few of the top "earners" in jail for their crimes. Initech Jul 2012 #61

At the tail end of yet another over 60 hour workweek (for 40 hrs pay) i can only say - "no, really?" peacebird Jul 2012 #67

I worked really hard... a la izquierda Jul 2012 #73

Those were the old days. raouldukelives Jul 2012 #75

My experience has been that working hard pays better dividends than not working hard. Throd Jul 2012 #76