Controversial "With Hard Work and Dedication, you can be Rich", is it really?
- Thread starter Eagle
- Start date
It’s obviously BS if you mean getting up there with the 1%, especially quotes like this one right here probably gonna get you broke rather than rich with the volatility of the stock market and with the recession that’s about to come soon.
Honestly I don’t see the need to get rich like 7 figures or beyond if one isn’t materialistic, it’s all in the mind. Obviously you don’t gotta settle for 9-5 there are things you can do beyond that but gotta keep expectations and what not in check and know what you are doing. All that matters honestly is being able to provide for yourself and your family a comfortable living, that also has in play depending on where you live. Some places are too expensive. You get the point.
Depends on what the definition of rich is.
There is no guarantee whatsoever to become a millionaire for example.
In Germany there was a recent study of who and at what point can be considered rich, with the definition of rich being either top 10% in earnings or top 10% in assets (by age brackets btw).
And at least for Germany, it´s somewhat lower than most people think, and it´s something I truly believe anyone who works hard but, and that´s crucial, directs that hard work into something the market desires after, can achieve.
Of course if your definition of rich is fuck you money, yeah that´s very very unlikely.
There is no guarantee whatsoever to become a millionaire for example.
In Germany there was a recent study of who and at what point can be considered rich, with the definition of rich being either top 10% in earnings or top 10% in assets (by age brackets btw).
And at least for Germany, it´s somewhat lower than most people think, and it´s something I truly believe anyone who works hard but, and that´s crucial, directs that hard work into something the market desires after, can achieve.
Of course if your definition of rich is fuck you money, yeah that´s very very unlikely.
