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  • Jan 28, 2021
    ยท
    1 reply
    Tadow

    Waiting for this to devolve into another capitalism vs. socialism argument ft. the usual suspects

    Anyhow, it's not a choice, but people aren't taught financial literacy nor do a lot of people have the excess capital to effectively take part in the "free market."

    Ohhh I'm this close ๐Ÿค to going full Bernie just to f*** with OP

  • Jan 28, 2021
    ยท
    1 reply
    flizzy

    Ofc that's why I cook my own food and barely consume products, but it wouldn't put me in a higher wealth class if I just do that

    If I was poor and I did that it wouldn't make me richer, and the people who invest in stocks have enough spare money to invest in stocks anyway, that's why rich people also make the most money out of stocks and it's more of a cheat for rich people to become richer

    Enough spare money

    This the thing. This why niggas gotta start saving young

    Need to build up that spare money

  • Jan 28, 2021
    ยท
    1 reply
    flizzy

    Ofc that's why I cook my own food and barely consume products, but it wouldn't put me in a higher wealth class if I just do that

    If I was poor and I did that it wouldn't make me richer, and the people who invest in stocks have enough spare money to invest in stocks anyway, that's why rich people also make the most money out of stocks and it's more of a cheat for rich people to become richer

    Yes but I didn't imply that saving alone will help you become wealthy. It's all about minimizing your spending to your essentials and making the money "work" for you.

    In regard to stock market, the billionaires not only have enough money to invest but enough power to manipulate the stocks and get a return out of them

  • Jan 28, 2021
    ยท
    2 replies
    worthit

    Ohhh I'm this close ๐Ÿค to going full Bernie just to f*** with OP

    I have no problem with socialist ideals

    Just keep those filthy reds out of here

  • Jan 28, 2021
    math fifty

    I have no problem with socialist ideals

    Just keep those filthy reds out of here

    Do it for the culture Comrade Thug!

  • Jan 28, 2021

    Ppl who grind 9-5 or multiple jobs >> entrepreneurs that got lucky

  • Jan 28, 2021
    math fifty

    Enough spare money

    This the thing. This why niggas gotta start saving young

    Need to build up that spare money

    How much spare money do you have to invest in stocks?

    I don't know anything about stocks, but the most money I'd be willing to invest in stocks right now is about 3k

    While rich people might have 3 million just sitting there, that they could just invest in stocks and make it bigger

    And poor people won't even have 3k they'd spend it on rent and food

  • Jan 28, 2021
    ยท
    1 reply

    Not saying you cant work hard as an entrepreneur but that alone doesnt dictate success

  • Jan 28, 2021
    math fifty

    I have no problem with socialist ideals

    Just keep those filthy reds out of here

    Likes Socialism
    Hates Socialists

  • Jan 28, 2021
    ยท
    2 replies

    You can make all the perfect moves and take the best opportunities, except if there's one misstep, you're shuffled all the way down to the bottom of the totem pole.

    Got good grades in high school, went to college for a higher education, got placed in an internship? Uh oh, your momma was stricken with a debilitating illness and the medical bills are out of control. Bye bye path to the middle class.

    Doing good in college, even landed an internship at a big company? Too bad, COVID happened, so now your family's small business is failing, your internship was revoked, and it's becoming harder and harder to pay your tuition until you simply have to drop out. Bye bye path to the middle class.

    Were you just simply never educated in the first place to take these steps to not be poor? Did you live in an environment that pressured you to commit crimes? Because of this, did your early decisions in life completely topple your path to becoming wealthy later?

    Did you actually have an opportunity to leave that environment, but because of the guilt placed on you by family and friends, you decided to stay?

    There are an infinite amount of reasons why the impoverished stay impoverished, even in first-world countries. Yeah, there are definitely choices to be made to excel yourself financially, but you're insinuating that these folk already know about these choices and are able to make these choices.

    The reality is that a lot of the systems placed are against those who are working class. If we lived in good conditions, no one would be impoverished because our education and infrastructure and social programs would keep us well-kept. But we don't live in good conditions, at least in the US.

  • Jan 28, 2021
    PNW

    Yes but I didn't imply that saving alone will help you become wealthy. It's all about minimizing your spending to your essentials and making the money "work" for you.

    In regard to stock market, the billionaires not only have enough money to invest but enough power to manipulate the stocks and get a return out of them

    If the thread was "Are you efficient with your spending?" that'd be okay but it's foul to say most poor people are poor by choice even if they're in a first world country

    Even if they made all the wrong choices I don't think they should be homeless and starve

  • Jan 28, 2021
    ยท
    1 reply

    KTT moving like they 1%ers post GME huh

  • Jan 28, 2021
    DUMMIE

    Not saying you cant work hard as an entrepreneur but that alone doesnt dictate success

    Yeah being an entrepreneur is hard and most businesses aren't a big success anyway

  • Jan 28, 2021

    i would say a super minimal amount. it definitely does happen, as some people do just make bad decisions, but most people are working their asses off to survive and are still getting whooped

  • Jan 28, 2021
    ASAKI

    You can make all the perfect moves and take the best opportunities, except if there's one misstep, you're shuffled all the way down to the bottom of the totem pole.

    Got good grades in high school, went to college for a higher education, got placed in an internship? Uh oh, your momma was stricken with a debilitating illness and the medical bills are out of control. Bye bye path to the middle class.

    Doing good in college, even landed an internship at a big company? Too bad, COVID happened, so now your family's small business is failing, your internship was revoked, and it's becoming harder and harder to pay your tuition until you simply have to drop out. Bye bye path to the middle class.

    Were you just simply never educated in the first place to take these steps to not be poor? Did you live in an environment that pressured you to commit crimes? Because of this, did your early decisions in life completely topple your path to becoming wealthy later?

    Did you actually have an opportunity to leave that environment, but because of the guilt placed on you by family and friends, you decided to stay?

    There are an infinite amount of reasons why the impoverished stay impoverished, even in first-world countries. Yeah, there are definitely choices to be made to excel yourself financially, but you're insinuating that these folk already know about these choices and are able to make these choices.

    The reality is that a lot of the systems placed are against those who are working class. If we lived in good conditions, no one would be impoverished because our education and infrastructure and social programs would keep us well-kept. But we don't live in good conditions, at least in the US.

    thank you for posting this cause im too lazy to type

  • Jan 28, 2021
    math fifty

    You wanna know whats more important than spending money in a strip club?

  • PleaseDelete ๐Ÿ’ญ
    Jan 28, 2021
    ยท
    2 replies
    ASAKI

    You can make all the perfect moves and take the best opportunities, except if there's one misstep, you're shuffled all the way down to the bottom of the totem pole.

    Got good grades in high school, went to college for a higher education, got placed in an internship? Uh oh, your momma was stricken with a debilitating illness and the medical bills are out of control. Bye bye path to the middle class.

    Doing good in college, even landed an internship at a big company? Too bad, COVID happened, so now your family's small business is failing, your internship was revoked, and it's becoming harder and harder to pay your tuition until you simply have to drop out. Bye bye path to the middle class.

    Were you just simply never educated in the first place to take these steps to not be poor? Did you live in an environment that pressured you to commit crimes? Because of this, did your early decisions in life completely topple your path to becoming wealthy later?

    Did you actually have an opportunity to leave that environment, but because of the guilt placed on you by family and friends, you decided to stay?

    There are an infinite amount of reasons why the impoverished stay impoverished, even in first-world countries. Yeah, there are definitely choices to be made to excel yourself financially, but you're insinuating that these folk already know about these choices and are able to make these choices.

    The reality is that a lot of the systems placed are against those who are working class. If we lived in good conditions, no one would be impoverished because our education and infrastructure and social programs would keep us well-kept. But we don't live in good conditions, at least in the US.

    โ€žDam just invest into stocks ๐Ÿ˜Ž๐Ÿ˜Ž๐Ÿ˜Ž๐Ÿ˜Žโ€œ

  • Jan 28, 2021
    PleaseDelete

    โ€žDam just invest into stocks ๐Ÿ˜Ž๐Ÿ˜Ž๐Ÿ˜Ž๐Ÿ˜Žโ€œ

    no bro stop buying nike

  • Jan 28, 2021
    Muhammed

    KTT moving like they 1%ers post GME huh

    Ive been meaning to get into finance for a minute but this GME s*** opened my eyes

  • PleaseDelete ๐Ÿ’ญ
    Jan 28, 2021
    ยท
    1 reply

    OP really shaming poor people for being poor the more I think about it.

  • Jan 28, 2021
    PleaseDelete

    โ€žDam just invest into stocks ๐Ÿ˜Ž๐Ÿ˜Ž๐Ÿ˜Ž๐Ÿ˜Žโ€œ

    No ones saying all you have to do is buy stocks

    Im saying theres different ways to allocate your money and that niggas dont do it

  • Jan 28, 2021

    i don't think poverty is a choice but lack of wealth can be a choice. everyone's circumstances are different tho

  • Jan 28, 2021
    ยท
    2 replies
    PleaseDelete

    OP really shaming poor people for being poor the more I think about it.

    Why do you think i said "HOW OFTEN" nigga im tryna get a percentage or ratio of how many niggas are poor by choice

    You aint thought about it enough obviously

  • Jan 28, 2021
    ยท
    2 replies

    This idea that being frugal is the solution for poverty is wild

  • Jan 28, 2021
    math fifty

    My point is niggas dont understand that you dont have to spend every penny you earn

    Niggas be getting they paycheck then going straight to the Nike store

    post to avi ratio crazy high

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