• Th4tGuyII@fedia.io
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    12 hours ago

    That’s nearly always been the way to make money.

    Look up most of the mega rich people now, even the “self-made” ones and you’ll find 99/100 of them came from money.

    The other way is luck. Be in the right place at the right time with the right skills to take opportunity’s hand… and pull the ladder up behind you so nobody else can follow.

    • Polisheocket@lemmy.zip
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      3 hours ago

      Any wealth I have was based on luck in real estate. Wasn’t even a skill I had, most of my down payment was an overage payment of student loans and the California lawsuit of the automotive industry in 2007-2008. Got paid out 2-3k from that alone

    • bridgeenjoyer@sh.itjust.works
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      5 hours ago

      Thats the bullshit with capitalism. The folks who started it and got in early won. The late joiners are fucked. Its a stupid ass system.

    • searabbit@piefed.social
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      8 hours ago

      It’s true. And any rich person that tells you otherwise is lying (potentially to themselves). This is why I am a big fan of Gary Stevenson who came from a working class background, got rich, and is now actively working his butt off trying to extend the ladder down to the rest of us. I recommend everyone read his book The Trading Game.