3 ms·
Completely untrue. Even if all you do is take advantage of the investment opportunities that someone with, say, a million dollars get access to that someone wi
by kjs3 7y ago
Completely untrue. Even if all you do is take advantage of the investment opportunities that someone with, say, a million dollars get access to that someone with 20 doesn't, it's easy to grow large amounts of money.
"To turn $100 into $110 is work. To turn 100 million into $110 million is inevitable". Edgar Bronfman
- turk73 7y agoWow, well, you obviously haven't done it. I have, and I am here to tell you that it wasn't so easy. Even with 7 figures, I don't have access to anything special. I guess those perks kick it at some higher figure, maybe 8, dunno. Maybe at the $100M mark it is that way, I probably will never know. Earning a steady 10% is really fucking tough. It's kind of a joke, really, Getting anything resembling decent investment return is god damn hard.
- verelo 7y agoSo you have a good argument, but that basically means all that stands between someone making $10million is getting the credit to start their business? I’d love to offer you that credit and take half your profits after interest and taxes.
- kjs3 7y agoNo, I said no such thing, and borrowing money is different than having money.
- verelo 7y agoI guess I just don't know what you're saying then. It's easy to make money if you already have it? Maybe in terms of quantity, but in terms of % return i don't feel the ease of producing a return is really super linear or logical.