How to get rich: First, don't hate rich people, says dailydirtnap
There is a lot of talk about socialism in the United States. Much of it is coming from people who are pretty well-off, relatively speaking.Take a family led by two white-collar workers who make about $75,000 a year. With $150,000 in income, you still have to mind your Ps and Qs.
I’ll let you in on a little secret: There is a good chance that the people in those houses feel resource-constrained, too. They are probably comparing themselves against people who have even bigger houses, and even better cars. Most people making high six figures and up are making a lot of sacrifices, or made sacrifices along the way. Money is a path that you can choose. Some people have different priorities.
People had to be positively exposed to this phenomenon; they had to take the risk, and there was no guarantee that it would turn out. Plenty of rich people did not get any richer in the past decade because they were shy about taking risk. If I wanted to get super-rich like them, I know exactly what I would have to do. So far, I have been unwilling to do it. I have been unwilling to make the sacrifices or take the risk. That is a choice.
I have a Horatio Alger story. A guy on Wall Street honey-badgered his way into Goldman Sachs GS, +0.77% from a non-target school and is now probably a centimillionaire after working on the buy side at a series of hedge funds. I have lots of stories like this.
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