Monday, October 11, 2010

"Robbers" in Suit & Tie

Previously, we've been discussing on the rich, middle class & the poor.

In an idealistic world, there should be no lack. Everybody is provided for.

So in an idealistic world, there's no gap, there's no such classes as the rich, middle class or the poor.

Stay with me, we are going somewhere exciting today.

So is it possible for rich man to share his wealth with his fellow countrymen.

Man had tried that, and it didn't work.

It makes people lazy and unproductive.

Cause why should I be contributing if all my needs are provided for? Even if i'm very productive, I don't reap the rewards, somebody else does.

Out of it, capitalism was borned.

The beautiful thing about capitalism is that, you are compensated accordingly to your contributions.

So if you're poor, it simply means that you are not contributing enough to the society.
If you're in the middle class, you are contributing just enough to the society.
If you're rich, it simply means that you are contributing alot to make our world a better place to live in.

The end results is just a mirror of your contributions to our fellow men.

But the dirty truth is that, men being men, we are self centered & always thinking, " what's in for me?!"

Me included.

And because the end results help you to achieve your objective in life, giving you the luxury in life, people became obsessed with the end results when they should be focusing on the process.

When you become obsessed with the end results instead of the process, that's why you can go crazy. It doesn't matter how you do it anymore. As long as you achieved your end results.

A man want to buy a diamond ring for his wife, it cost let's say $30,000.

The man only earn $2500 per month, so he needs to save every single cent for 1 year to buy the ring.

Instead of thinking how he can contribute to the society to be compensated well enough to buy the ring for his wife, he wants instant gratification.

So he gamble, 4D, toto.
Quick bucks, illegal activities.

In the book Think and Grow Rich, the author, Mr Hill mentioned that, true success is getting what you want without violating the rights of your fellow men.

But the world is changing in such a way that, when people wants to achieve their objectives, they violate the rights of their fellowmen to achieve what they want.

People steal, but this time round, they do it legally.

Without being labelled as a crook.

They wear an expensive suit with a branded tie.
They bang on your financial ignorance to prosper themselves.
They violate your rights and breach your trust to make themselves rich.
They take debts and package them beautifully and sell it to you as an asset.

Did anybody comes into your mind?

And the biggest financial headlines right now, how does it sounds in the light of what I've said?

http://sg.yfittopostblog.com/2010/10/10/clients-need-to-be-mindful-say-insurance-agents/

According to the news, it is the first case in singapore that the agent package a non-existence policy and sell it to her client as an asset.

Creativity perverted.

Regardless whether the agent or the client is at fault as the verdict isn't out yet.

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