Thread: I found this interesting

21 Ways Rich People Think Differently - Yahoo! Finance

I'm not looking for debate or argument. I just found this article interesting enough to want to share.

I am ready for the chicken/egg argument. Did rich people start thinking this way because they became rich, or did thinking this way help them to become rich?

Originally Posted by CivilWars

I am ready for the chicken/egg argument. Did rich people start thinking this way because they became rich, or did thinking this way help them to become rich?

Originally Posted by Langrad

Im betting. . .

The mind state never changes in people, it is "betting" that gets them rich, gambling mind state, there is no chicken and also no egg, for without gamble and risk there is no gain? And when there is gain it is real gain.

Think of a line graph, there are hills and valleys on one hand, and very steep inclines and declines like a seismograph on the other. The rich ones are the seismographs, the ones that buy theyre kids $100,000 cars and have to repay all sorts of debt because theyre kid totaled it on the first day, but it's OK they end up making it off okay because they gambled and won, or they gamble and lose, what happens to the losers, who knows. . .

_Interesting article, but I found it too short.

That makes absolutely no sense. By that logic we are all gambling, rich or poor. The worker at the company that just laid him off because they can't afford to keep his position just gambled and lost. The homeless guy that doesn't make enough to buy his 40 today because he gambled on the wrong corner and lost. Acting like only rich people take risk is utterly insane.

think about this, scalehere, which I am applying to a casino since gambling is the theme of my answer to your post.
Rich
Middle
Poor

now in a casino if you bring 20 $ you cant win 160,000
also if you bring 600 you cant win 160,000
however. You bring 6000, you can win 260,000

Ok maybe it isnt quite like that outside the box of my post. but the way I see things is the more you have to lose, the more you can win.

Actually I will further explain my thought, there are limits to what can be done with small amounts of money, and if you succeed in making a small amount bigger, you have less limits on what you can do.
what you do decides it all.
the thing is people do not change, that is my idea there. people do not change, they may alter or shift for a period, but always cycle back to "previous people modes" thats what I think.
now, depending on the mode, you may or may not even gamble, you may choose to gamble with large amounts, or not to gamble at all, what method one gets rich with is the key, and therefore not all rich or poor have a design.
rich/poor/middle is an individual thing, gamblers too, but I think it is not personality that makes riches, it's gambles, actions, related to mind state, but actions are not entirely representative of a mindset.

Yes you and Civil are right, however I had to share my thoughts.
'Individuals', you know.