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Kasz216 on 02 September 2012
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richardhutnik said:
MrBubbles said:
well...she makes a couple valid points. often its the poorest who smoke and drink the most, who would be much better off if they didnt smoke and drink. its amazing how many people on welfare can manage to spend one to two hundred dollars a month on cigarettes.

i assume this "lady" has some business sense at least. she inherited the company and it was losing money at the time. the prices did shoot up in her favour, but i gather it takes some competency to run such a business. it doesnt make it not immensely hypocritical to tell people to work harder when you yourself had such a leg up as inheriting a very large mining company, of course :P

Yeah, the poor should take their money from smoking and drinking and buy into hot IPO releases like Facebook, that everyone knows would be big.  Or, was that Groupons.  Err, nevermind.

Actually, they should become like a guy I know of who sells alcohol for less, smokes for less, and also does check cashing with the lower class in a city near where I am.  He also bought a golf course.  Yeah, that's the ticket.

Or they could hire an investment guy. 

That's what I do.  Though instead of using that extra money from not drinking and smoking to invest, i mostly use it to work less hours.

You just get some investment or index funds, there is a bit of a rush to high yield invetment funds lately granted.  There is plenty of oppurtunity to make some good money though and get yourself to a good middleground/ get some assets.

 

Of course the issue with that is, it really wouldn't work for someone like you right now, since people on government assitance would end up shooting over top their "wealth limits" pretty quickly to get goverment assistance.

I don't qualify for a lot of stuff I might otherwise due to having investments.

Then you can worry about getting rich from there if your worried about such a thing.  It's not like anyone thinks people go from poor to bill gates within a month.