Tha C-Master
Zitz! Rash! Pimple!
My opinion is ill informed? I educate people on this day and day again and I’ve done numerous discussions. I’ve also been asked to spread my lessons. But I have no interest in teaching everybody for profit, only those who want to make something of themselves.
It isn’t that difficult to do some research on what is bought and who buys it. It’s not difficult to figure out where the domestic loans and re-defaulting mortgages come from. I know this class of people because I’ve seen all classes of people my entire life and monitored their behavior.
I charge my customers electronically through an automated merchant. You’d be surprised how many (never the ones in the million plus dollar areas, but the lower income areas) just got a new position, but they never have enough money for the services and need to postpone. For a *luxury* service. You don’t know how many people have to foreclose on homes and see these people with an empty house, or the ones who get their water turned off and have a big screen tv and fancy cars in there.
The poorer the area, the bigger the price skew between their car and house. Don’t believe me? Go to an apartment and you’ll see many people drive a Lexus and a Jaguar. People living beyond their means and for the moment. You’re not going to truly tell me that in America, the “richest country” people are barely getting by in many cases because of “bad luck” and not because of their decisions.
I take responsibility for my actions, I’m weird like that, funny huh?
Allow me to introduce myself. Hi, I’m C-Master, and I know a thing or two about business and money, so don’t try to run one by on me.
Originally posted by skekUng
Maybe we should just not get paid, at all! maybe if the company keeps all the money they owe their employees, they could spend it much more wisely! We should go back to the days of Mill Villages and once a person has been physically used up, they'll get a few bucks to go back to the family farm and die quietly, assuming they weren't spending up all their company credit on things like food and fire wood and medicine.
I think a better long term solution would be better financial education. People were a lot more independent back when we had less technology and conditions were harsher. But since many countries have such terrible financial education and knowledge, it would be good to start with that. Financial literacy here is a huge problem. People don’t even know where the money goes.
Btw, you’ll never get wealthy off of a check from a job. And the amount you make is useless without the education, it’s like giving a racecar to an unskilled driver
Originally posted by skekUng
You don't know what these people spend their money on.
Phones, shoes, clothes, eating out excessively, mortgages, cars they can’t afford, vacations, trips, living the “good life”.
Need I go on?
Originally posted by skekUng
And you talking about a "bulk of people" buying up shares and controlling the company, like some sort of pseudo-proletariat uprising, practically-a-union. I mean, you do know what a controlling interest is, don't you? you do know people aren't quite as easily talked out of them as they are at the end of the movie Wall Street?
Uh no, I was saying the people buying the shares would have a greater say. A controlling interest is a person who has a bulk share in a company. I doubt you know the percentage off hand for a person to have a controlling interest either.
Originally posted by skekUng
You're right, you don't come across as rich, just extremely convinced of yourself.
Again, why would I concern myself with convincing you that? People believe what they want to. Do some digging and you may be able to find out yourself about what I do. Also several members here know me personally and know what I do.
Also, being wealthy is much, much better than being rich.
Of course being a person who is only getting by, you have no idea the difference and the advantages of asset creation vs income, you have been trained to rely on a check until you die.
For a person to even have an inkling of what I’m talking about, they’d just have to educate themselves or start something up.
It isn’t so much about the quantifiable amount, being that “rich” is subjective. People think 100,000 is rich and it’s not. $1 million isn’t a whole lot and can be burned quickly in a larger scale. There are about 4 main ways people earn their money. Employee, small business, large business, and active investor.
Being an employee means you are taxed on earned income, which is the highest taxed income of all. Including *all* forms of tax, you are a 50/50 partner with the government. Plus you have to be “there” to make your money and you can’t make your money work for you, which is a massive disadvantage. You don’t have the freedom and benefit of true wealth that way.
Small business and subcontractors own a job, they have the freedom but they do everything themselves. More work on that person and less leverage. They own a job. This can be very strenuous on a person.
Large business is where leverage and money is. As with investing, this is where leverage comes from. This takes a lot of training and work to protect your assets. Without assets the dollar loses value.
Most focus on liabilities that take money from their pocket instead of assets. Which is why many are broke, no matter how much of a paycheck they make. Lack of financial education. This is why ball players and lottery winners go broke.
It’s ok to be convinced, if you know what you’re takling about. 😉
Originally posted by skekUng
What do you mean, try to jump into politics because they have no union?
Union numbers are decreasing, so they are going into politics more, simple.
Originally posted by skekUng
What does that have to do with anything? I mean, you didn't really think that supported your argument, AT ALL, did you?
That unions are all about "peaceful protest", a bit wrong, no.
Originally posted by inimalist
yes, because all people have the time and money to take courses on finance
Yea, excuses. Finances affect everybody, so to not be educated in them is ridiculous, and it doesn’t cost much money. Your internet, you know, the thing you use to post one liners on here, has the largest abundance of information available.
Try the library, or a mentor. It would be useless to run into courses if you don’t know what you are even trying to learn. Many “teachers” are salesman and are trying to make a commission selling you something.
People make the time to sit online and post in a thread, I’m sure they have time to invest into something that affects their future and their children’s future.