[G. Adams]

</span><blockquote><span class="smallfont">Quote:</span><hr size="1" />Originally Posted by (castille,)
</span><blockquote><span class="smallfont">Quote:</span><hr size="1" />Originally Posted by (G. Adams,)
No, again I will not read it because I am in University and am already reading enough stuff.<hr size="1" /></blockquote><span class='postcolor'>

I'm in university with 2 degrees, running a business part-time, participate actively in networking functions, and still have time to read dozens of books related to investment. I also have 24 hours each day, sleeping 9 hours. You can cancel ONE night out with the guys to read that book, or lose 2 hours of sleep to do so. Its worth it.


</span><blockquote><span class="smallfont">Quote:</span><hr size="1" />Originally Posted by (G. Adams,)
As well as that, if we all got rich to lead these comfortable lives, who would actually do the hard work?  <hr size="1" /></blockquote><span class='postcolor'>

Firstly, we will not ALL be rich. It will be that 0.001% who take action that will.
It is enough for the rest if they recieve a healthy source of income to keep themselves *comfortable*.

Secondly, you are wrong in assuming that the rich never work. On the contrary, I find the rich are the HARDEST workers. Do you know Bill Gates spends at least 12 hours a day working? Rich people never sleep well. They dont live cushy comfortable lives (even rich dictators like Mao were constantly on their feet!).

Thirdly, you are WRONG in assuming you have to own a business to be rich. If everyone in the world owned a single investment property, I can assure you the world will not blow up. ONE property. Some people working part-time at McDonalds have managed to acquire 500!

By "comfortable", I do not refer to not working. Perhaps thats what Communism sees comfort as (and I pray that Communism will not work, or else our world is going to be full of people not working and eating!). Comfort is merely coming home with the knowledge you are not going to go into financial difficulties. Comfort is knowing you are saving enough to live on if you lose your job.

Most people don't want to enter the sleepless nights of becoming extremely rich, and I understand that. To be comfortable can be as simple as owning one property with $10,000 income each year - is that so hard? My uncle went to Hong Kong with no money in his pocket, and with 20 years of hard work managed to get himself into a comfortable state.



Also, I notice you socialist/communists have a tendency to equate the words "business owner" with "wealth"? Its far from true - in a business, the desire to own and operate and run a business is FAR more important than wealth. Thats why I dislike Communism; its not the material goods we fear losing, its the freedom to achieve our goals without affecting others.

You got a goal you wish to achieve? Good, but make sure you don't force others into your world against their will.<hr size="1" /></blockquote><span class='postcolor'>

No, I really don't have the time. I have maybe six hours of lectures and seminars to attend per day. I then have 2 hours of fitness training to do, followed by one hour of technique and skill development of my kung fu. I then have two hours of papers to write up for my seminars. Then theres about an hour spent answering e-mails. Anthing between an hour or two responding to you guys, depending on how bothered I can be to write proper replies. I also spend about an hour a day eating, roughly. And a few nights a week I do like to go out. And once my job starts next week there gonna have to be some shifts in my timetable again. So, really, I don't have time to read a none essential book.

And how are you doing two degrees? Unless you mean two fields in one degree, or you are only doing your degree part time.

Next...What is the point of us all reading this book to start these business's unless we intend to get rich? If business's don't expand and compete they risk being dominated by those who will do so, putting us out of business.

Being comfortable enough not to worry about the bills means you ARE rich. If you earn more than £25 000 (or dollars, I can't remember which so I gave the benefit of the doubt and went high) per year per household you are in the top 5% of the world population? And it takes more than 25k in a household to live so comfortable not to worry about bills.

Okay, say we reach this plateau of only 0.001 being rich, and everyone else "comfortable". Now what happens when the rich want to get richer? everyone else gets poorer. Are you going to cap how rich people get? And how many can get rich? But thats not capitalism.

I never said the rich don't work, but the disparity between income between the owner and the worker is appaling. In Britain between the top and bottom its on average around 40x, in Germany its about 25x, but in the US its 400x. Does the guy at the top have 400x times the workload of the lowest worker? For that matter does he even do 25x the work of the lowest worker? No.

And the uber rich are not the hardest workers. Someone doing 12 hours of phone calling and number juggling does not work as hard as someone doing 12 hours down a tin mine.

If people are as lazy as you suggest in your counter arguments to communism elsewhere, why would people become CEO's, when they can do all that "easy work" like handploughing fields or quarrying?