#rich #smart #wealthy #SmartPeople #RichPeople #DoGood #BeAGoodPerson
If you are so smart, why aren’t you rich?
Those who would wage war on smart people would ask this question.
Obviously, there is more to intelligence than the ability to make money. In fact, some not-so-smart people have made a lot of money.
But, those who are smart often want to use their intelligence not to enrich themselves, but to help others. Some would even use their own intelligence to help others get rich.
People who are just plain rich tend to be self-centered. If there is nothing in it for me, the attitude goes, there is no point in doing it.
But, truly smart people see a need – perhaps an obligation – to use their brain power to change the world to help others succeed.
Certainly, if they get wealthy in the process, they won’t complain. They may even donate a portion of their wealth to help those much less fortunate.
To put it succinctly, they give and they get. They don’t take.
People who are just plain rich have no problem taking. In fact, many will take things they are not entitled to take. They will use their wealth and power to dominate those who are less powerful.
Smart people who use their intelligence to help others ignite jealousy among the not-so-smart rich.
Smart, noble people tend to be popular. Those who are just rich tend to be not so popular.
The unpopular rich want to own the popular smart. Unfortunately, history has countless, horrible examples of human beings owning other human beings.
Wealth and power in the wrong hands can be devastating to many, if not all, of us.
Some of them will literally take from the meager incomes of the many simply to line their own pockets and satisfy their greed.
Why? Because they can. If we have the power to do so, we shouldn’t let them.
The suffering of the many can actually amuse those in power.
What type of human being can get a thrill from the suffering of others? It’s hard to determine where their humanity is. But, chances are, their wealth and power did not cause their inhumanity. Likely, they’ve always had it.
They will try to say that empathy is a weakness. Alas, it is a virtue.
So, let’s all try to be as successful as possible by helping, or at least not hurting, others.
Strive to be someone children can, and should, look up to. Children, in fact, do not learn nearly as much from our words as from our actions.
If you are fortunate enough to attain great wealth through noble pursuits, share that wealth generously, and effectively, with the most needy.
Attaining great wealth should not be a goal to reach at all costs. It should the a bonus for doing good, and being a good person.
When we all strive to do good, and be good people, everyone benefits.
Peter
Tag Archives: rich
THE RICH ARE GETTING YOUNGER
#rich #YoungAndRich #entrepreneurs #investors #RichAtAnyAge
A survey of U.S. investors with $25 million or more says the average age has dropped by 11 years, to 47 years old.
The ranks of these Americans has doubled since the depths of the Great Recession.
The average age of those with a mere $1 million is 62, a number that hasn’t budged in years.
These figures come from an article by Ben Steverman for Bloomberg. I was also published Jan. 24, 2019, in The Atlanta Journal-Constitution.
About 172,000 U.S. households have a net worth of at least $25 million, the article says. That’s up from 84,000 in 2008. The study was created by the Spectrum Group, according to the article.
The “vast generational transfer of wealth” is “just beginning,” the article quotes George Walper Jr., president of the Spectrum Group.
The article doesn’t spell out how these folks are getting rich, but here are a few theories.
First, they could have invested well in the stock market, which crashed big time during the Great Recession. A big, universal downturn in the markets creates numerous buying opportunities for those willing to take a chance on them.
Even the casual observer has seen the market go up like crazy over the last decade, so those buying opportunities – at least many of them – have paid off handsomely.
Another theory, as Walper suggests, is that older rich folks are dying, and giving their wealth to their children.
A third theory is a rise in entrepreneurship. Young folks have seen a need, or created a product, that has become very popular. Think Uber, Lyft, scooter rentals in cities etc.
Here’s an area that can make ANYONE rich, who is willing to explore it. You certainly don’t have to create a new product, or meet a need. You just have to be willing to look at ideas that are not necessarily new, but could be new to you.
There are many vehicles out there that can produce wealth for anyone, with any background, education etc. You don’t even need to be a genius. You just need to learn a system and be coachable. To check out one of the best such vehicles, message me.
Amid the doom and gloom you may have witnessed in the last decade, these stats should give you a glimmer of hope. Prosperity is there for those willing to look for it. It is there for those who, rather than wallow in their circumstances, are willing to embrace something new.
And, it doesn’t matter whether you are young or older. You just need to be willing to see something that looks very promising, and go with it, no matter what you might be told is best for you.
Our parents, at least those of us who grew up in more modest households, have told us to look for security, a good job, good benefits and stay there until we retire. That was SAFE.
Yet, such situations today are rare. Few jobs are safe. Few lifestyles are secure. Few futures are certain.
Increasingly, it is up to you to determine your prosperity. Certainly, if you choose certain paths, there are many out there willing to help you. But, you have to DO it.
If you don’t see yourself as young and rich, that’s OK. But think about the life YOU want, and know there are ways out there to get it. You just have to be willing to look for them.
Peter