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Originally Posted by Sun Tzu
Could you be a little more specific in what that venture was?
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We entered into a contract where our collective investments purchased real estate. We each shared a portion of ownership which was directly related to our investment.
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Originally Posted by Sun Tzu
Stock; while spread over a larger array of ownership, still pursues interest in how the company does in the free market. It’s not like everyone has ownership- we’d be buying from ourselves. The freedom to buy a larger percentage is still present as well.
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Yes, but it's still collectively owned. The direction of the company is often set by democratic ruling of those who own portions of the business.
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Originally Posted by Sun Tzu
I know this has been talked about before, but I need a refresher. Where are the better systems at?
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The WHO list, which is well supported, claims that many countries have better health care than the US. France has the best by leaps and bounds. The same was concluded by the Commonwealth Fund back in January of this year. France isn't perfect, of course, but the french system is cheaper per capita and is substantially more effective. Still, even Canada has better health care than the US.
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Originally Posted by Sun Tzu
Will, how have you become sold on this mindset?
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I know people who disprove the "hard work = better pay" idea. I know a lot of people, actually. They worked hard, got good grades but couldn't afford college and couldn't get decent jobs. $30,000 a year in the SF bay area isn't really enough for a family to live on, and should my friend leave the bay area, he'd make even less. Poverty happens, and sometimes it happens despite an individual's best efforts. I know this to be fact, not opinion.
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Originally Posted by Sun Tzu
Go to an Anthony Robbins seminar or something. Your statement can be just as generalized and assuming in the other direction. Sometimes people do get lucky, but the other 98% of time things aren’t easy. Most of the time financial success (if that is what you are basing this on) requires determination, true unwavering intention, and most of all hard work.
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Yes, but those three things do not always lead to financial success.
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Originally Posted by Sun Tzu
I remember seeing Donald Trump on Jay Leno one night and Jay asked him if he lost all his money what would he do. Donald said ”I would find the closest multilevel marketing program and get to work." The audience started laughing. Donald turned to the audience and shut them up by saying in a stern manner “that’s why I’m up here and you’re down there”. Personally, I hate MLM I do not have the desire to do it, meaning it’s not the kind of sacrifice I’m willing to make. That is the key, what people are willing to sacrifice- time, effort, whatever. Something for nothing is present in our society, and I think its part of the problem.
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Donald Trump is the king of bad investments. I'd sooner take financial advice from a hobo. The only reason he's rich now are his TV shows. He might as well be Flava Flav minus the rap career.