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are you preparing for the unexpected?

Tanishatheangel

Bronze Contributor
Sep 22, 2017
117
125
30
life
in this video this guy makes some VERY conservative assumptions, with some overly optimistic rates of return, leaving out things like housing transportation (tithing) taking care of children/ aging parents, vacations and so many other things, just between taxes, inflation and investing fees ends up ravaging over 99% of our wealth, id like your feedback on this.

View: https://www.youtube.com/watch?v=uqvYML44Dzc
 
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GMSI7D

Gold Contributor
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Read Unscripted!
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Jan 27, 2016
992
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Lyon, France
my feedback is very simple

capitalism is a game put in place by powerful people for their own interest though history

not yours or mine

we call them bankers


we are the pawns in the game and so we rarely win

the pareto principle says that 20 % of people can win at this capitalism game long term with real money for real rich lifestyle

so instead of playing with the cards that powerful people deal

you should play with your own rules



which means knowing why the hell you are on earth , your philosphy and so on


money is a means, this is not real value

real value is knowing why you are playing in this capitalism game in the first place
 

Thoelt53

Gold Contributor
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Dec 8, 2016
826
2,419
Boston, MA
my feedback is very simple

capitalism is a game put in place by powerful people for their own interest though history

not yours or mine

we call them bankers


we are the pawns in the game and so we rarely win

the pareto principle says that 20 % of people can win at this capitalism game long term with real money for real rich lifestyle

so instead of playing with the cards that powerful people deal

you should play with your own rules



which means knowing why the hell you are on earth , your philosphy and so on


money is a means, this is not real value

real value is knowing why you are playing in this capitalism game in the first place
And your alternative to capitalism is?
 

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