Except for a few crooks, the rich do not get that way by making other people poor.
When the rich get richer, the poor get richer as well.
If it were really true that the rich get richer at the expense of the poor, then since the US is the richest country in the world, by now, they would have created the most desperate class of poor people on earth. Instead, they have done jsut the opposite.
There is substantial poverty in America, but it doesn't come close to matching the poverty seen in parts of India, Latin America, Afria, Asia, or Eastern Europe where capitalism is just beginning to take hold.
When companies succeed and become more profitable, it means more jobs and less poverty.
Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
Sunday, 24 January 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment