Quote:
Originally Posted by Brian Swartz
Well over two-thirds of millionaires inherited nothing. Opportunity is certainly a huge factor, but most people can become a millionaire in their lifetime in America if they live frugally and invest intelligently. Not expertly, just intelligently - a modest amount consistently over decades, diversified without everything high-risk, etc. The reason one person is on Wall Street and another is at Mickey Ds also very often has a lot to do with the fact that the one at Mickey Ds didn't want to sacrifice as much during to further their education and have a better life in the future. Sometimes it is just about their level of opportunity, but far more often it's about their own choices.
|
Would it be safe to say we both agree that it has to do with where the dimensions of hard work and talent meet opportunity and luck. I think we differ strongly on where that line meets?
SI