Getting wealthy often can be like giving a Ferrari race car to a 15 year old boy. The likelihood of death or bankruptcy is high. The earliest average age that I have seen someone successfully become wealthy and still able to function right and to maintain that wealth for themselves, their family, their friends and to be a good help to the world in general is about age 30. There are a few exceptions to this but not many.
So, even though 100 people might become rich, only about 10 of those will have successfully navigated the treacherous waters of being rich more than 10 years without dying, going bankrupt or worse.
So, you sort of have to ask yourself, "What are my priorities in life?" Unless you are really clear with yourself, your family and your friends about this one question and are disciplined enough to become wealthy in a good way for yourself and everyone you know, then being rich isn't a good thing for you or the world yet.
The biggest problem is not usually getting rich (even though most people wouldn't necessarily believe this). The biggest problem is actually learning to be disciplined enough to stay rich for a lifetime or in a multi generation sense. This is the real challenge. For, what it takes to become rich has nothing at all to do with staying rich. Not really.
So, maybe the first question one should ask is: "Why do I want to become wealthy!" If you say "I just want to be rich." That isn't a good answer at all. That answer means to me at least that if you became rich you soon would blow it all in almost any way. But, if a person says, "I want to become rich to help my family and friends and my area and country", then that is actually the best answer of all as long as that person knows the principle that "Never spend Capital investment" and only spend and donate interest and dividends. In this way you can be "The gift that keeps on Giving" to your family, to your friends, and to mankind.
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- When you think about Computers and AI you have to think mathematical and logical
- Cancer rates 1900 to 2000 and beyond
- I think Wikipedia (especially English Wikipedia) is worth donating to to keep it alive because it is a non-profit. Also, this article is Wikipedia on Roswell Crash in 1947
- My wife sewed me up a Frostline Down Vest in the 1970s. Mine was light blue in color then. This would have been 1976
- I needed to send this link to a friend of our family. This is my son's Youtube AI Music Video Site. He has had over 100,000 views so far or more probably now.
- Michael Douglas talks to Bill Maher about his life: Video Several different videos on Kimmel and The View Too I guess
- Hurricane Simon pounds resorts and vulnerable towns along Mexico's Pacific coast
- In 1978, retired United States Air Force[a] officer Jesse Marcel claimed that the Army's weather balloon claim had been a cover story
- This somewhat explains why Extraterrestrial contact is gagged mostly in the U.S. and other nations
- I was a rock climber in places like Yosemite Valley from about 1969 to 1973 (I was 21 to 25 then)
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