Jul 24 - How the Richest 400 People in America Got So Rich

07-26-2012, 07:06 AM

[pic]

07-26-2012, 09:06 AM

People need to take their destiny in their own hands. I prefer to trade currencies than invest in stocks, etc where i have control of my own money. It's easy to make a 5-10% money on your deposit a week in forex. Alot of people spend enough time on this forum it's about time some of us create a thread about trading currencies etc.

07-26-2012, 10:06 AM

Originally Posted by WordOnThaStreet

they were already rich

Originally Posted by Flash Kick

THESE !! STARTED OFF WEALTHY

WHO CARES?[pic]

Majority of the 5 million millionaires in america are first generational. So no, they wernt born rich

07-26-2012, 10:16 AM

Originally Posted by Pakchoy

People need to take their destiny in their own hands. I prefer to trade currencies than invest in stocks, etc where i have control of my own money. It's easy to make a 5-10% money on your deposit a week in forex. Alot of people spend enough time on this forum it's about time some of us create a thread about trading currencies etc.

since its so easy, are you making 5-10% every single week on your principal in forex? [pic]

trading is different than investing. trading is more of a profession while investing is for those in any profession who want to grow their net worth.

07-26-2012, 10:32 AM

Bull!!. All of it. Wanna know how the wealthy became so wealthy? 3 things: exploitation, monopolization and legality/lobbying with a bunch of copyright, trademark and patent ownership.

07-26-2012, 10:47 AM

Originally Posted by uselesseater

Bull!!. All of it. Wanna know how the wealthy became so wealthy? 3 things: exploitation, monopolization and legality/lobbying with a bunch of copyright, trademark and patent ownership.

Hasty generalization is the fallacy of examining just one or very few examples or studying a single case, and generalizing that to be representative of the whole class of objects or phenomena.

[pic]

07-26-2012, 11:37 AM

I want wealthy Americans to make even more money...And hide it from your government by depositing it in Singapore, on the Cayman Islands, in Panama and of course Switzerland...So I can benefit.

I loooove living in a tax shelter. [pic]

07-26-2012, 11:42 AM

Originally Posted by Pakchoy

People need to take their destiny in their own hands. I prefer to trade currencies than invest in stocks, etc where i have control of my own money. It's easy to make a 5-10% money on your deposit a week in forex. Alot of people spend enough time on this forum it's about time some of us create a thread about trading currencies etc.

Go to the Money Spot section... there's no thread on Forex but there's a thread about the markets that we post in every day [pic]

02:08 PM

look at economys like spain and real estate there if u want a simple place to start and want good returns on your money in the long run

-real estate there has literally halfed in the past year or 2, in 5 years or so itll start picking up again

oh and then when you start making enough money and are spending wisely, invest with what u can afford to loose in gold even if theres a chance of taking a loss. paper/digital currency and anything else wont really make a difference if things collapse/a world disaster/world war

pretty simple unless your greedy as !!

07-26-2012, 02:10 PM

Originally Posted by GrezyNclean

i dont kno bout that...they made some good points. Rich ppl r going to have access capital to invest thus giving an advantage to the top 10%, whereas your average American doesn't really have enough money from salary to invest and make a significant gain.

I was once told by a wall street trader that if you don't have at least $100,000 to invest, there's really no point (unless you tackle penny stocks or something). Based on economic statistics the average American can't afford to invest....with that being said, Americans are TERRIBLE at saving...but when we save, we hurt our economy...catch 22

everyone has the means to control how much of their salary they keep. I'd say about 5-10K is needed to start. Which is savable for anyone if they put themselves in a position to do so.

07-26-2012, 03:22 PM

Originally Posted by Ednyce

stupid mutha !!as need to take note, instead of worrying when the next jordans drop.

not possible to do both>?

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