Thursday, April 24, 2014

You can't get ahead working for a living(But you can get ahead investing for a living)

This is the real paradox of life on earth. Let me repeat it:

"You can't get ahead working for a living but you can get ahead investing for a living"

What this really means is that if you work for a living to save money to invest in your own business or other businesses you might be able to get ahead to work at your own business or just be an investor from then on.

Many people are going to rail and be angry at this idea. However, it has always been the way it is, and it is just getting this way moreso over time.

So, when people think they can work by the hour (or on a salary) and just get ahead that way the reality is (they can't) UNLESS they save money by investing it.

Now, what does investing mean?

It doesn't mean making payments on a house that you buy with a mortgage.

However, it might mean saving money and buying land for cash and building your own house yourself on weekends so it costs about 1/3 or less as much so it is paid for completely within a couple of years including the land. At that point, your house and land would be paid for and you might be able to reduce your workload or work just as much and save all that money for future investments in land or houses that you pay cash for.

Also, you never would have to rent a house or apartment as long as you worked and lived in that area. So, you could save all the money you would have put into your house or rent to invest so you aren't forced to work so much in the future unless you want to. You also then if you need to can borrow against your house to start a business of your own. Then the business pays off that loan and you then own the business and the house completely from then on. (However, this is an ideal scenario real life might actually be almost any result because of various factors. But, in the end "Nothing ventured nothing gained."

So, once again this is how the world actually is:

"You cannot get ahead just working but you can get ahead by investing the money you make while working".

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