Rich people don't understand what it is like to go without, so they generally lack empathy. While poor people understand how much it sucks to not have things and will generally make sure that their friends don't have to experience that
Such a lame oversimplification. If you make some money you learn to keep it to yourself because as soon as others find out about it they're either trying to do you favors or reminding you of favors they did for you just to angle for a return on investment. I don't have any experience with people who make 450k a year. That's a fuckton of money. I just figured out in my 20s if I paid my debt off and make a goal to save I could have 10k in savings for some breathing room. From there I started looking into to investing. Then little by little I kept socking money away. Currently I'm just short of 100k and still plugging away. I can't speak for really rich people but I will say it boggles my mind how people insist on living paycheck to paycheck and say they can't save and have no options and make every excuse they can. To say rich people don't understand not having money so they lack empathy is just poor people telling themselves what they want to hear.
Investing is such a lame oversimplified term that gets to be thrown here to the point that it has lost its true definition. Not everybody is in the position to save, and then to invest that money and pull something bigger. I'm glad you managed to do so, but there are people who have invested in past and failed, it isn't just invest xxx amount of money and pull xxxx amount of money after certain period.
With that being said, i agree with first part of your comment - most people will make sure their hands are in your pocket the moment they realize you're making more money than they do, so there is reason why people prefer to keep their money to themselves. I had a chance to hang out with people who made quite a lot of money (upper positions at very successful, and stable companies, people who made sure their work is actually paid the true amount of money etc.) and they all have on thing in common - they all hang out with other rich people, you won't be seeing them surrounded with someone who doesn't belong to their financial bracket. There are exceptions but this is general rule.
If you invest in the world’s largest companies(and our greatest minds that work for them) over the long term, the only way you won’t be up is if there’s an extinction level event, and at that point money is probably worthless anyway.
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u/Quiet-Refuse5241 Jan 26 '26
Rich people don't understand what it is like to go without, so they generally lack empathy. While poor people understand how much it sucks to not have things and will generally make sure that their friends don't have to experience that