Is there really such a thing as rags to riches?

User avatar
By Vegas
10 May 2024 9:27 am in No Holds Barred Political Forum
1 2 3
User avatar
*rippy38
10 May 2024 12:35 pm
User avatar
CYNICAL OLD CUSS
13,058 posts
Vegas » 10 May 2024, 12:26 pm » wrote: ↑ Definitely IQ. You definitely still have to be smart enough to guide the sail through the rough waters. However, an initial wind needs to come to get it started. We have no control over receiving the wind. If we get it, then it's up to us to navigate. Without the wind, it doesn't matter how smart you are.
https://i.postimg.cc/PrJqnR44/Ben-Carso ... rtrait.jpg
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people
User avatar
sooted up Cyndi
10 May 2024 12:45 pm
User avatar
Water Cooler Poleece
Water Cooler Poleece
10,440 posts
GHETTOBLASTER » 10 May 2024, 12:26 pm » wrote: ↑ Good morning Rippy.

Where White Privilege exists in abundance is with the IQ that we inherit from our ancestors.
I had met an elderly woman- she was 83. Gawds did I have a ball with her- good friend
She owned a bunch of casinos out in CA. outta my poor league-
She married a Injun- had a bunch of beautiful kids. Every loser at her black jack table- was my gain.  i think the wind beneath her sails- was they are their own nation.
she got sick and the medicine men came- go to a doctor. lol sadly i think she may be gone
 
Image
User avatar
Zeets2
10 May 2024 1:07 pm
User avatar
      
7,256 posts
Vegas » 10 May 2024, 11:44 am » wrote: ↑ Lol. I doubt that. You said you knew him from school. He had to learn to read/write and do some math somewhere. It's unlikely he could become successful with being illiterate and not even knowing basic math. Taxpayers covered that.
But as taxPAYERS, we PAID for that elementary education, just as our taxes paid for the roads we drive on, the water we use, and the sanitary/sewer system we use, and more than likely we paid far more in the taxes that were used to pay for those things than the typical worker who never became rich.

I paid for my own college education because my parents couldn't afford it, so I worked a second job while going to college part time while I was getting my first business off the ground.  That included weekends and nights, and I don't believe I ever worked less than 60 hours a week PLUS the 6 credits I was carrying, which was all I could afford for several semesters.  It can be done if you want it badly enough, and within 6 years of starting my first business I was turning over a million dollars profit per year.  And that became the foundation for 4 other businesses I put together over the next 30 years.  I never found it important enough to work even harder to become a Bezo's-type billionaire, and I certainly had some bad years where I lost money, but I found it sufficient to become quite comfortable with the wealth I've attained throughout my life.  But that's not to say it didn't come with costs to my health either, and now at the age of 70 I've had to live with 3 hip replacements, a spinal fusion, double hernia surgery, arthritis and severe bursitis I suffer with daily, 3 hip dislocations, kidney surgery and a pacemaker, all mostly due to having such a heavy workload for over 25 years.

That's why I get so pissed off when I hear liberals whining about how hard they have it today because they're expected to pay back their college loans.  And I've got no sympathy for those spoiled brats who are so clueless about what it takes to earn the kind of wealth they expect to have handed to them today. And I would have LOVED to kick Obama in the *** when he tries to tell me, "you didn't build that''!

I sure as **** DID, and all the government did year after year was to slow me down and hold me back from success with high taxes, absurd regulations, and fines when I didn't follow those regulations to the letter!
 
User avatar
im2
10 May 2024 1:11 pm
im2
User avatar
   
387 posts
Most Billionaires Are Self-Made, Not Heirs

https://www.chicagobooth.edu/review/bil ... -self-made
 
 
User avatar
sole
10 May 2024 1:47 pm
User avatar
      
27,279 posts
Vegas » 10 May 2024, 10:33 am » wrote: ↑ I would never maime anyone. 

I am not irritated. I have a habit of returning stupid comments with insults. It's just more fun. 
ha ha ha ha ha. I have witness your replies to anyone describing how evolving actually happens every rotation of the planet where today is a new total sum of what yesterday became throughout history of human behavior ignoring genetics has sustain eternal separation of each ancestor occupying time this rotation as specifically inhabiting space now chronologically here in their DNA body.

Ironic how every intellectual mind won't acknowledge it.
User avatar
Fuelman
10 May 2024 4:18 pm
User avatar
     
2,403 posts
The young couple next door are picking up their new Ford Raptor tomorrow. Can't wait for it to be parked next to my junker. The thieves will head there first!

Is it any wonder people never even make it to the $1 million mark net worth for a household? The stats say only 7-8% of households reach that level.

You may as well just give up now, the odds are against you.
User avatar
*rippy38
10 May 2024 4:29 pm
User avatar
CYNICAL OLD CUSS
13,058 posts
Fuelman » 10 May 2024, 4:18 pm » wrote: ↑ The young couple next door are picking up their new Ford Raptor tomorrow. Can't wait for it to be parked next to my junker. The thieves will head there first!

Is it any wonder people never even make it to the $1 million mark net worth for a household? The stats say only 7-8% of households reach that level.

You may as well just give up now, the odds are against you.
My next door neighbor's 27 year old son has a 2023 Raptor... and is moving back in with them this weekend because he wants to save up for a down payment for a house. He says he can't "get ahead" paying rent on an apartment and paying storage fees for his dirt bikes and ATV so, its the only way he'll ever be able to afford a house.

Go figure.
 
 
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people
Beakman
10 May 2024 4:51 pm
   
1,490 posts
Vegas » 10 May 2024, 12:26 pm » wrote: ↑ Definitely IQ. You definitely still have to be smart enough to guide the sail through the rough waters. However, an initial wind needs to come to get it started. We have no control over receiving the wind. If we get it, then it's up to us to navigate. Without the wind, it doesn't matter how smart you are.
We have sailed into uncharted waters, true sailing is dead! :lol:  


 
User avatar
sole
10 May 2024 4:58 pm
User avatar
      
27,279 posts
Beakman » 10 May 2024, 4:51 pm » wrote: ↑ We have sailed into uncharted waters, true sailing is dead! :lol:  


 
Evolving isn't sailing on water, it is each ancestor alive adapting in space sharing same rotation now as ancestrally positioned every rotation still adapting to the moment ignored by those counting distance never same results twice using statistical averages to factualize missing links that never physically were missing any rotation of the planet occurred..

siblings of each generation are alive in series parallel relativity being conceived by same two parents. Not all siblings reach great great grandparent status.
User avatar
ROG62
10 May 2024 6:13 pm
User avatar
      
34,734 posts
Vegas » 10 May 2024, 9:27 am » wrote: ↑ I can't think of one rich person who didn't have a head start before they accumulated their wealth.
  • I admire Bezos mother, who was dirt poor with her children. However, she ended up marrying a Cuban refugee who had a very successful career in finance. He lent Jeff 245k to start Amazon. Therefore, Jeff himself was not a rags to riches story. His father's story was also admirable. He came from Cuba with nothing more than a ragged jacket. No family. Nothing.  Literally rags. So what happened? Well...taxpayers happened. The refugee camp sent him through high school with a place to stay. He worked his *** off, and I admire him. I certainly wouldn't want to experience his conditions. Nevertheless, hadn't it been for the taxpayers, he would have stayed homeless. His mother would still be poor and they would have never been able to give Jeff 245k. 
  • Gates has always been rich.
  • Musk's father owned an emerald mine. 
  • Jobs came from a middle class family. 
Etc....
Larry Bird... 
 
Image JuCo 5 percenter...72 “Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom :rofl: If gender is not sex, why should a gender claim change what sex you shower with? "Libruls are often fascists on vacation..."
User avatar
ROG62
10 May 2024 6:15 pm
User avatar
      
34,734 posts
RebelGator » 10 May 2024, 10:29 am » wrote: ↑ You sound irritated,  how long since you've maimed a Jew? Image

:die:  
Image JuCo 5 percenter...72 “Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom :rofl: If gender is not sex, why should a gender claim change what sex you shower with? "Libruls are often fascists on vacation..."
User avatar
ROG62
10 May 2024 6:16 pm
User avatar
      
34,734 posts
*rippy38 » 10 May 2024, 10:52 am » wrote: ↑ "Riches" is subjective to an individual's interpretation. 

I worked with a guy back in the late 80's that didn't have a pot to piss in at the time that ended up founding two pretty successful small businesses and selling both of them at the height of their worth for several million each before he was 40.

Another fella I went to HS with got into computer programming in the early 80's and ended up retiring from a State job as the head of the IT dept before he was 50 and then started consulting for about $200 an hour after.

Did they become Elon Musk or Jeff Bezos "rich"? 

Not at all, but they still started with **** and ended up in very good financial shape later in life. It definitely happens... it just depends on your definition of "riches".
rags is also subjective...
 
Image JuCo 5 percenter...72 “Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom :rofl: If gender is not sex, why should a gender claim change what sex you shower with? "Libruls are often fascists on vacation..."
User avatar
Sumela
10 May 2024 7:55 pm
User avatar
      
21,730 posts
User avatar
Fuelman
10 May 2024 8:27 pm
User avatar
     
2,403 posts
*rippy38 » 10 May 2024, 4:29 pm » wrote: ↑ My next door neighbor's 27 year old son has a 2023 Raptor... and is moving back in with them this weekend because he wants to save up for a down payment for a house. He says he can't "get ahead" paying rent on an apartment and paying storage fees for his dirt bikes and ATV so, its the only way he'll ever be able to afford a house.

Go figure.
I just want to go for a thrill ride. Never been in a vehicle with that kind of horsepower.

I'm not one to judge but those wants screw up a better retirement. This couple are late 20's, early 30's, no kids and are both Pharmacist professionals. I'm guessing they are grossing $300k. They can probably afford a nice toy.

Lord knows I've been out on a limb before living beyond our means at times. Eventually you have to buckle down.
It gets much more difficult if a household doesn't have a significant income.
 
User avatar
LowIQTrash
10 May 2024 10:09 pm
User avatar
     
3,391 posts
*rippy38 » 10 May 2024, 12:18 pm » wrote: ↑ Attending tax payer funded public school wasn't an "advantage"... at least not when and where I attended it.

I would say that in both of the cases I mentioned, IQ was the biggest factor, and that's God given... not left to you by your rich grandfather. Lol
IQ is not the most important factor

Somebody with amazing communication skills should easily be able to accumulate more wealth than some PhD nerd working in a physics lab 

Just look at all these grifters / self help gurus who sold millions of copies of books. Are they extraordinary IQ? No…just amazing salespeople.

 
 
User avatar
LowIQTrash
10 May 2024 10:13 pm
User avatar
     
3,391 posts
*rippy38 » 10 May 2024, 4:29 pm » wrote: ↑ My next door neighbor's 27 year old son has a 2023 Raptor... and is moving back in with them this weekend because he wants to save up for a down payment for a house. He says he can't "get ahead" paying rent on an apartment and paying storage fees for his dirt bikes and ATV so, its the only way he'll ever be able to afford a house.

Go figure.
The economy and stock market both are going to crash soon so…not the worst outcome. 

Somewhat embarrassing…but I think he’d rather deal with a bit of humiliation than be broke wage slaving all the time. 

Corporate America these days is also a grifter’s haven…your “likability” matters infinitely more than your ability to get a job done. Anyone who thinks otherwise hasn’t seen how incompetent some of these idiots are. There’s a reason Dilbert is such a popular comic strip. 
 
User avatar
walkingstick
10 May 2024 11:27 pm
User avatar
     
4,850 posts
rags to riches=====riches to rags, today the hearts are rags. will hearts survive tomorrow?
User avatar
Jantje_Smit
11 May 2024 3:48 am
User avatar
      
6,471 posts
sootedupCyndi » 10 May 2024, 11:14 am » wrote: ↑ NOPE! i suspect a push from relatives. where did Zuckerberg come from. I know his story BUT?
I googled that, Zuckerberg is a self made billionaire but he came from a wealthy family, aliens probably.. lol.. he is still a creep though..

:blink:  

https://youtu.be/_ovPIJ6TdXA
In memory of Pumpkins

Image
User avatar
FOS
11 May 2024 5:18 am
FOS
User avatar
      
5,595 posts
Vegas » 10 May 2024, 9:27 am » wrote: ↑ I can't think of one rich person who didn't have a head start before they accumulated their wealth.
  • I admire Bezos mother, who was dirt poor with her children. However, she ended up marrying a Cuban refugee who had a very successful career in finance. He lent Jeff 245k to start Amazon. Therefore, Jeff himself was not a rags to riches story. His father's story was also admirable. He came from Cuba with nothing more than a ragged jacket. No family. Nothing.  Literally rags. So what happened? Well...taxpayers happened. The refugee camp sent him through high school with a place to stay. He worked his *** off, and I admire him. I certainly wouldn't want to experience his conditions. Nevertheless, hadn't it been for the taxpayers, he would have stayed homeless. His mother would still be poor and they would have never been able to give Jeff 245k. 
  • Gates has always been rich.
  • Musk's father owned an emerald mine. 
  • Jobs came from a middle class family. 
Etc....

well there is a bit of a reductio ad absurdum when you bring up taxpayers because of course nobody could 'make money' if they dont live in some society that recognizes the value of money. Obviously nobody can have wealth all by themselves...other people have to exist.

Money is itself just a sort of illusion that everyone agrees to pretend is real.

So I guess we could be left pondering what 'rags to riches' even means on some fundamental level.
User avatar
RebelGator
11 May 2024 5:58 am
User avatar
      
11,342 posts
FOS » 11 May 2024, 5:18 am » wrote: ↑ well there is a bit of a reductio ad absurdum when you bring up taxpayers because of course nobody could 'make money' if they dont live in some society that recognizes the value of money. Obviously nobody can have wealth all by themselves...other people have to exist.

Money is itself just a sort of illusion that everyone agrees to pretend is real.

So I guess we could be left pondering what 'rags to riches' even means on some fundamental level.
I thought for sure this reply would feature the story of a poor house painter with a gift of gab who would rise from poverty and go on to loot most of wealth in Europe from the filthy Jew owners.....the ultimate rags to riches to rags again story.
 
1 2 3

Who is online

In total there are 3147 users online :: 11 registered, 15 bots, and 3121 guests
Bots: Not, Bolt, LCC, GPTBot, DuckDuckBot, proximic, ADmantX, curl/7, CriteoBot, facebookexternalhit, Googlebot, YandexBot, Applebot, bingbot, Mediapartners-Google
Updated 1 minute ago
© 2012-2026 Liberal Forum

Search