Hi All,
We live in a world where the haves get richer and the have-nots get poorer. As time passes, this wealth inequality tends to get wider and wider, but why?
I equate a lot of this to the game of Monopoly. In our day-to-day lives we are always passing go. We go round and round always seeking to collect $200. We give money to the rich and need to stay out of jail. In today's podcast, I discuss my thoughts on how we must position ourselves in a spot to build wealth and get out of the rat race trap. Specifically, I go over:
- How the vast majority of us don't have anything and pay everyone but ourselves
- Many people focus on spending money and not accumulating assets
- People are paying everyone but themselves
- Dollar has been number down technology, financial losses slowly over time
- What is the number go up technology? It may be a few things
What do you all think? Have you played monopoly lately and have you looked at it through a new lens? I look forward to everyone's thoughts!
Kind Regards,
SatsMates
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Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment.
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