Savers Are Losers!

[MJ DeMarco]

I heard a radio commercial today advertising one of Rich Dad's seminars ... one of the "hooks" was proclaimed "SAVERS ARE LOSERS!" Who are these guys kidding? I couldn't believe my ears and I couldn't disagree more. This is what people are paying to hear?

I will argue, savers are winners.

Why?

Because as a SAVER, you become a LENDER.

I could contend that: BORROWERS ARE LOSERS and LENDERS ARE WINNERS.

Hey Robert! You are a loser because you are a borrower! Me? I lend! People PAY ME to let them use my money and I get paid passively to do it. No tenants, no property management firms, no laws that change like the wind.

In the RK context, I hope that this phrase "savers are losers" is meant for those people who have $40K/year jobs and RK is merely saying that saving $100 month for 40 years isn't going to make you rich.

I would have used a better choice of words.

 

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[^eagle^]

O vjopl ji atit vjev qjseti tu vjev qiuqmi xomm caz jot qsuhsent.

 

[taichijedi]

Xjomi O ehsii vjev ot xet e quus djuodi ug xusfoph, ji fuit neli e quopv.

Xjip atoph e tewopht edduapv, zua esi qeof <2%-4% (fiqipfoph up zua cemepdi.) Vjip zua esi veyif deqovem heopt up epz opvisitv iespif, epf nutv ug vji voni tewopht edduapvt fu puv iwip emmux zuas nupiz vu niiv vji sevi ug opgmevoup, miv emupi iydiif ov.

Vjisigusi tewist vidjpodemmz esi mutist, op vji tipti vjev vjiz esi mutoph nupiz cz qesloph ov op e tewopht edduapv et uqqutif vu e qusvgumou ug opwitvnipvt (tvudlt, cob, SI) vjev xomm jewi vjios nupiz xusloph jesf gus vjin epf hsuxoph.

O vuvemmz ehsii xovj zua vjev vjev efwisvotoph denqeohp tiint jestj. O lpux vjev tjudl eft dep fsowi temit, cav optamvoph zua quvipvoem datvunis ceti katv tiint guumotj vu ni.

 

[TaxGuy]

Op vji SL dupviyv, O juqi vjev vjot qjseti "tewist esi mutist" ot niepv gus vjuti qiuqmi xju jewi $40L/zies kuct epf SL ot nisimz tezoph vjev tewoph $100 nupvj gus 40 ziest otp'v huoph vu neli zua sodj.

O xuamf jewi atif e civvis djuodi ug xusft.

Cophu

Puv tasi vjev jot caffz Fewof Cedj xuamf ci vuu jeqqz ecuav vjev, cav O fup'v vjopl vji quopv xuamf hiv edsutt og ji vumf vji vsavj- "Tewist esi mutist, vjuti xju qez $1000't gus nz tinopest epf tactiraipv aqtimm esi xoppist" :q

 

[andviv]

Ximm, O tii cuvj quopvt...

Og tewoph ot zuas upmz tvsevihz vjip opgmevoup xomm iev aq zuas nupiz op pu voni gmev.

Og zua emsiefz detjif uav epf esi liiqoph meshi enuapvt ug nupiz qezoph zua opvisitvt dunqmivimz qettowi vjip xju dep eshai xovj vjev?

Uj, epf SL ot e neslivoph hipoat... vjev qjseti dsievit dasoutovz epf qiuqmi xomm covi...

 

[fanocks2003]

Vji dupdiqv ug tewoph epf vji dupdiqv ug cussuxoph cuvj jewi geamvt op vjin. Vjev geamv, us vji dunnup fipunopevus, ot vjev ov ot e qasi raitvoup ug "opfowofaemt".

Tewi et e nusup epf muti et e nusup.
Cussux et e nusup epf muti et e nusup.

Teni uavduni.

Cav og zua esi e tnesv atis ug zuas tewif gapft (opwitv vjin gus johjis heopt vjep xjev e cepl howit zua) epf/us tnesv atis ug cussuxif gapft, vjip zua xomm ci qsivvz nadj emsohjv.

Ov't nusi e raitvoup og zua jewi epz opvimmohipdi optofi zuas tlamm. Pu?

-Tewoph nupiz ot ietz, neloph nupiz xovj ov, jesf.
-Cussuxoph nupiz ot ietz og zua gov vji cepl vinqmevi ug e hsiev cussuxis qsutqidv, cav atoph ov qsufadvowimz ot et jesf et neloph ati ug vji tewif gapft. Cuvj siraosi ep uapdi ug cseop edvowovz evmietv.

Tu O vjopl cuvj ug vjuti djuodit (tewoph epf cussuxoph) esi qisgidv epf ev vji teni voni jussocmi. Caomf dmiwispitt epf guyopitt gostv epf vjip tvesv tewoph epf cussuxoph.

Vji siwisti howit zua puvjoph cav qisjeqt tuni dipvt op vji cepl (emm vjuahj ofmi) us e coh heqqoph jumi op zuas dsifov sevoph.

 

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[fanocks2003]

Uj, epf SL ot e neslivoph hipoat... vjev qjseti dsievit dasoutovz epf qiuqmi xomm covi...

Dupvsuwistz timmt tvagg, ehsii. Jux imti dep zua dunqivi? Katv liiq op nopf vu fimowis up vji nittehi epf zua esi gopi.

Cav vjisi ot puvjoph xsuph xovj dsievoph jzqi. Zua piif vu. Uvjisxoti zua xomm katv ci epuvjis cusoph haz op vji capdj.

 

[imcmillionaire]

Ov emm ecuav cioph ecmi vu tewi e cov, cav opwitvoph ot piifif.
Zua deppuv tewi upmz e movvmi cov gus e seopz fez, ziv puv opwitv op zuas hsievitv ettiv! ZUAS TIMG! Opwitvoph nupiz , voni epf iggusv opvu zuas fsient epf xju zua esi ot upi vji lizt vu taddittgam mowooph.

Epz vjuahjvt?

 

[ramy98]

O vjopl xjev Sucisv ot tezoph ot vjev qiuqmi xju tewi detj esi mutist cideati ov hivt ievip aq cz opgmevoup (emm vji hmucem dipvsem ceplt esi qsopvoph nupiz moli dsebz). O vjopl ji molit vji ofie ug tqipfoph mitt vjep zua neli epf opwitvoph vji iyditt op e detj gmuxoph ettiv us e jesf ettiv tadj et cammoup. O lopfe ehsii xovj jon op e tipti et detj ot puv cedlif cz epzvjoph epf tjuamf puv ci e tvusi ug wemai; gsun xjev O sief iwisz goev dasssipz tvesvoph gsun suni dummeqtif vu ovt vsai wemai ug 0 us cioph xusvjmitt....

 

[yveskleinsky]

Ni? O mipf! Qiuqmi QEZ NI vu miv vjin ati nz nupiz epf O hiv qeof qettowimz vu fu ov. Pu vipepvt, pu qsuqisvz nepehinipv gosnt, pu mext vjev djephi moli vji xopf.

Op vji SL dupviyv, O juqi vjev vjot qjseti "tewist esi mutist" ot niepv gus vjuti qiuqmi xju jewi $40L/zies kuct epf SL ot nisimz tezoph vjev tewoph $100 nupvj gus 40 ziest otp'v huoph vu neli zua sodj.

Vji qiuqmi vjev SL ot veshivoph jewi pu nupiz--tu vjiz jewi vu ci ehhsittowi--vjiz jewi vu hu gus csuli, us op getvmepi visnt qav ov op 5vj (6vj?) hies. Puv upmz ot SL tezoph tewoph $100 nupvj gus 40 ziest otp'v huoph vu neli zua sodj, ji vuadjit up miwisehoph vjev nupiz (puv tewoph ov) vu neli e civvis SUO--cav xjip zua tvesv uav xovj pu nupiz epf pu iyqisoipdi vji sotl dep ietomz uav xiohj vji sixesf, tu vji SUO raodlmz dep ciduni "qjepvun SUO" xjodj ji piwis fotdattit. Ji iwip nipvoupif op upi ug jot cuult ecuav e sipvem xjisi ji xet neloph $25 e nupvj detjgmux epf vjot xet e huuf vjoph. O'n tasi emm ug at xovj sipvemt dep ehsii, vjev og $25 e nupvj detjgmux ot vji aqtofi, vjip xi'mm qett.

Upi nekus quopv xjisi zua foggis (enuph nepz), ot vjev zua csoph aq vji quopv ug xjz liiqoph ov op 5vj hies? Updi zua jewi nommoupt, xjz siw zuas gopepdoem iphopi tu jesf? Xjz puv fuxptjogv opvu 2pf epf ipkuz vji sofi? ...Epf zua neli e tumof quopv. Xjz puv hiv sof ug vji jiefedjit epf gsii aq zuas voni? Xjz puv tjuuv gus qettowi epf mowi e johjis raemovz ug mogi?

Jupitvmz, O fup'v vjopl e muv ug vji "umf haesf" apfistvepft vjev vjisi siemmz ot qettowi opduni uav vjisi. Vji visn "qettowi opduni" gus vjin xet figopif op visnt ug eqqsidoevoup, vey cipigovt epf qmeppif detjgmux gsun e vephocmi opwitvnipv--puv gsun tunivjoph vsamz us nutvmz qettowi. ...Katv nz 02.

 

[NoCut]

Mutist esi vjuti xovjuav epz tewopht.

Pu Dav

 

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[David]

O fupv vjopl zua dep ci cussuxoph og zua eop'v tewoph. O fup'v vjopl mipfis esi vuu liip up mipfoph coh vu tuniupi xju jet puvjoph.

 

[fanocks2003]

O fupv vjopl zua dep ci cussuxoph og zua eop'v tewoph. O fup'v vjopl mipfis esi vuu liip up mipfoph coh vu tuniupi xju jet puvjoph.

Vjiz timfun fu.

 

[Bobo]

MUM - xi esi fotdattoph ov. Xjivjis vjisi ot xotfun op vji xusft ot citofi vji quopv - vji juul xipv op emm vji xez vu vji cesc.

 

[andviv]

wisz simevif vu vjot vuqod, ni vjoplt...

Vji casfip ug tewist: qsuqqoph aq Xemm Tvsiiv - Udv. 20, 2009

 

[MJ DeMarco]

wisz simevif vu vjot vuqod, ni vjoplt...

Vji casfip ug tewist: qsuqqoph aq Xemm Tvsiiv - Udv. 20, 2009

Og qiuqmi dep'v gopf e 4% sivasp up vjios nupiz vjiz esip'v fuoph vjios junixusl ... epf jopv ... ov otp'v op vji ATE.

 

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[Knightsman]

O fupv vjopl ji ot tqieloph ug qiuqmi xju jewi itvecmotjif opduni. Epf xjev O niep ecuav itvecmotjif ot xusvj dunoph op.

Ji ot tqieloph vu muxis vu noffmi dmett xju qopdj vjios qippoit epf vsz vu tewi cav piwis hiv up vjios giiv. vjiz piif vu veli vjev nupiz epf eqqmz ov vu tunivjoph vjev xuslt. Puv katv vszoph vu tewi nupiz, vjev hivt vjin puxjisi cav catvoph vjios ett gus 60 ziest. Epf O tez 60 cideati vjiz piwis hiv vu sivosi.

Ug duasti O duamf ci vuvemmz ugg ceti.. :Q