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If it's so easy how come yoni didn't make the right choices yet?
A. Come from rich family
B. Be that 1 in 1000 person who is destined to be a millionaire by a combination of luck and genius.
that disqualifies 99.9% of the population which means your statement "anyone can be a millionaire" is re ed.
If it's so easy how come yoni didn't make the right choices yet?
Actually, it's not that difficult. You just have to save money and build assets. Lets say you work from 25-65...that gives you 40 years of earning capacity to compound your savings.
Actually, everyone SHOULD set their goal to be a millionaire. It takes that much just to retire in decent fashion.
And hope you can work all those 40 years, and that your savings ain't going down the drain in some market collapse, and that you're healthy, and a plethora of other variables...
Yeah you're right. Lets just give up. It's just not worth trying. those lucky rich people.
This I agree with. You should always aim for the moon, at least early on.
Not what I said.Nice strawman though.
Hold on, you're getting off topic.
If not anyone can get wealthy in America, who are they? Who are the people that do not have the American dream available to them?
Someone in the family wasn't always rich.
Luck is just preparation meeting opportunity. You can plan to be lucky or you can plan to be unlucky. Take your pick.
Okay, which of the 99.9% can't become wealthy?
the ones that aren't
currently the # of ppl with 5 or more million dollars in USA is around 1 million persons. that means 99.9% of population is not in that club.
This Cain guy flips and flops more than Romney.
Becoming wealthy takes time and energy. It doesn't just happen.
Whatever your statistic is, I can point to one of those millionaires and demonstrate he is identically situated, or once was, to any person you believe is incapable of becoming wealthy.
and only 1% have a real chance at making it. not anyone
Anyone can be in that 1% -- and, to be fair, it's a bit bigger than 1%.and only 1% have a real chance at making it. not anyone
Sure, I could also win Pick 5 if I played long enough. The odds seem fairly similar tbh.
I don't suppose anything could happen during those 40 years to change this utopian gameplan?
Except, with life, the odds are largely determined by your choices.
Absolutely. And, a lot of times it does. Sometimes because of your choices and sometimes because of the choices of others. Smart people spend their lives trying to make good choices and trying to avoid the consequences of other people's bad choices. Many times, they're successful...and, in America, there is no accident of birth preventing you from being wealthy or successful.
No one is claiming everyone can become wealthy.
There is a difference.
MegaMillions or PowerBall? decisions, decisions
Debatable, but point taken.
Largely but, I admit, not always.
What I would add is that, until you die, there is always the chance you can realize success.
you can become a millionaire on a $50,000 a year salary. It just takes willpower.and only 1% have a real chance at making it. not anyone
Oversimplification. That's really where the divide begins. Though I don't necessarily disagree with the idea you've posted, I do disagree with how it's packaged.
A la Cain.
OK, willpower and planning. You spend less than you make and let your savings and investments compound. Be the ant and not the grasshopper and just hope the government doesn't steal too much of your stash to feed the grasshoppers.
A grasshoppers post! Now we're talking
They might actually have to get contributions from their cons uents.
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