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Why are people poors?

Posted on 8/19/21 at 2:37 pm
Posted by Ted2010
Member since Oct 2010
38958 posts
Posted on 8/19/21 at 2:37 pm
I just put another six figure investment in my stocks, ETFs, and mutual funds.

My OT 10 wife just brought me a beer as I sit on our veranda. Just any other day for me.

Why do people choose to be poor?
Posted by T-Mike
Northeast Pennsylvania
Member since Dec 2012
491 posts
Posted on 8/19/21 at 2:38 pm to
If there weren’t folks willing to be poor, no one could become rich.
Posted by LSUJML
BR
Member since May 2008
45187 posts
Posted on 8/19/21 at 2:39 pm to
No one cares

ETA
Meaning both about your stocks / wife & poors not caring enough to better themselves
This post was edited on 8/19/21 at 2:41 pm
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
33852 posts
Posted on 8/19/21 at 2:40 pm to
Upbringing by people who cannot teach how to break the cycle. An education system that does not teach people how to break the cycle
Posted by Ted2010
Member since Oct 2010
38958 posts
Posted on 8/19/21 at 2:40 pm to
quote:

LSUJML


Thank you for caring enough to let us know you don’t care.
Posted by Ted2010
Member since Oct 2010
38958 posts
Posted on 8/19/21 at 2:40 pm to
quote:

Upbringing by people who cannot teach how to break the cycle. An education system that does not teach people how to break the cycle



Boy howdy
Posted by Bryno1960
Off River Road
Member since Aug 2013
2499 posts
Posted on 8/19/21 at 2:41 pm to
Don't know and don't care.
Posted by fr33manator
Baton Rouge
Member since Oct 2010
123923 posts
Posted on 8/19/21 at 2:42 pm to
Poor people are poor because they are bad with money.


If you give a poor person money, they will be poor again because they will just spend the money instead of making the money make money.

Posted by Ted2010
Member since Oct 2010
38958 posts
Posted on 8/19/21 at 2:42 pm to
quote:

If there weren’t folks willing to be poor, no one could become rich.


Hear, hear
Posted by idlewatcher
County Jail
Member since Jan 2012
78912 posts
Posted on 8/19/21 at 2:43 pm to
quote:

I just put another six figure investment in my stocks, ETFs, and mutual funds.


Do you even Monopoly money bro?
Posted by Salmon
On the trails
Member since Feb 2008
83523 posts
Posted on 8/19/21 at 2:44 pm to
quote:

I just put another six figure investment in my stocks, ETFs, and mutual funds.



congrats on those 8% returns bruh

I'll put my investments in real estate and enjoy my 25% returns

stay poor
Posted by chryso
Baton Rouge
Member since Jul 2008
11851 posts
Posted on 8/19/21 at 2:45 pm to
We can't all be as smart and handsome as you.
Posted by Ted2010
Member since Oct 2010
38958 posts
Posted on 8/19/21 at 2:45 pm to
quote:

Poor people are poor because they are bad with money.


If you give a poor person money, they will be poor again because they will just spend the money instead of making the money make money.


Obviously my thread is tongue in cheek, but you are right. Financial literacy should be required in high schools
Posted by Witty_Username
Member since Jul 2021
427 posts
Posted on 8/19/21 at 2:45 pm to
quote:

My OT 10 wife


You know the rules...pics.
Posted by Ted2010
Member since Oct 2010
38958 posts
Posted on 8/19/21 at 2:45 pm to
quote:

We can't all be as smart and handsome as you


This is true. It is my burden
Posted by Bryno1960
Off River Road
Member since Aug 2013
2499 posts
Posted on 8/19/21 at 2:46 pm to
quote:

If you give a poor person money, they will be poor again because they will just spend the money instead of making the money make money.


There are always exceptions to this rule...I should know because I was very poor at one point in my life. Now, God has blessed me with a very comfortable life to where I don't have to worry about living from paycheck to paycheck.
Posted by AlterDWI
Durango, Colorado
Member since Nov 2012
2154 posts
Posted on 8/19/21 at 2:46 pm to
They are stupid
Posted by texasmason
Dallas
Member since Apr 2019
1300 posts
Posted on 8/19/21 at 2:47 pm to
quote:

I just put another six figure investment in my stocks, ETFs, and mutual funds.

My OT 10 wife just brought me a beer as I sit on our veranda. Just any other day for me.


Posted by Ted2010
Member since Oct 2010
38958 posts
Posted on 8/19/21 at 2:47 pm to
quote:

Do you even Monopoly money bro?


That’s my backup retirement bro
Posted by texn
Pronouns: Y'All/Y'All's
Member since Nov 2019
3496 posts
Posted on 8/19/21 at 2:48 pm to
quote:

six figure investment


You aren't supposed to count the digits that are to the right of the decimal point.
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