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Wealth does not imply income. You could be a retired with a massive fortune and no income. You could be born into wealth, not actually earning any yourself. Th
by arghwhat 8y ago
Wealth does not imply income. You could be a retired with a massive fortune and no income. You could be born into wealth, not actually earning any yourself.
They are different concepts. One can lead to another, by neither implies the other.
- Retric 8y ago> Retired with a massive fortune. Things of extreme value create income streams property > rent, companies > dividends, apreceation, and buybacks. Bonds > interest etc. Even cold hard cash in a savings account generates significant income when you start talking about 100,000,000+$ just sitting there.