"Investing' is a need: part 2 - Insanity

Albert Einstein defines Insanity as doing the same thing over and over again and expecting different results.

If his definition of Insanity still holds true today, at least half the populations are insane.

Previously, we were talking about the different "asset" class that the poor, middle class and the rich invests in.

There are people, especially those that belongs to the middle class, investing in the "asset" class of the poor and middle class and expecting to achieve the rich people kind of results.

No wonder they are wondering when will the "big waves" come to ride them up to be on the same level as the rich.

The middle class expects the "big waves" to come to them while they are at their comfort zone while the rich get out of their comfort zone to go to the "big waves".

The Pareto's Principle (also known as the 80-20 rule) states that in anything a few(20%) are vital, and many(80%) are trivial.

And in Pareto's case it meant 20 percent of the people owned 80 percent of the wealth.

It holds true in the Industrial Ages.

But as we entered into the Information Ages, I believe personally that the 10 - 90 rules holds true in the world of money.

That the 10 percent richest owns 90 percent of the wealth in the world.

Accoding to a survey done in america @ http://www.mybudget360.com/top-1-percent-control-42-percent-of-financial-wealth-in-the-us-how-average-americans-are-lured-into-debt-servitude-by-promises-of-mega-wealth/ .

That the top 1% owns 42% of the wealth US.

This means that the middle class is shrinking.













As we are entering into the core of the Information ages, there will be more multi millionaires than ever, and there will be more poor people needing a handout from the government or the rich to help them to just "get by" life.

Which category will you fall into ? I know that I will be among the rich.

Investing for capital gain is the playground for the middle class, although once in a while the rich comes in and take what is rightly theirs.

For many of us, security is our focus.
But security in a job never buys you riches of the rich.
Because you are working for the rich, and how will they pay you more than themselves?

A part of us wanted to be like the rich, yet unwilling to step out of our "comfort" zone into a world of temporary discomfort.

So coming out with a doctrine for this group of middle class is the fastest way to make money.
The financial predators taught us to "invest" like the middle class & telling us that it will bring us into the world of the rich, yet allowing us to stay in our comfort zone.

What they are telling us only happens in fairytales.
And fairytales isn't just for the children.

People like you and me buy into fairytales hoping that it will come true in life.
You cannot do the same thing over and over again and expecting different results.
That's crazy!