May 2nd 10pm

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​Tactics Of The Rich - By Phillip Brewer

There are things the rich do that working class and middle class folks don't. Some of them--living off the return on capital rather than wages or salary--are only available to the rich. 

​Others--seeking a first-rate education for your kids, working for yourself rather than others--are things that ordinary folks do to the extent that they can, but their ability is limited. Even so, it's worth learning the tactics of the rich and applying them where possible.
Some of the tactics of the wealthy are unsavory. One key tactic is to share as little as possible of the profits of the enterprise. This is why working for yourself is such an important tactic--the owners and managers are in a position to grab the lion's share.


Paperboy: FROM TNT MEMBER bonkers

Thanks for sharing your experience. I went to a WF branch just outside Denver on Monday afternoon just to make a deposit and I waited in line and then the next teller that opened was the one at the foreign currency desk.

I don't question them about our investments (dinar/dong) but I did start a conversation with the teller just saying I have friends that had invested in foreign currencies and they were expecting some big returns.

He did ask if I knew what currencies they held and I said I believed it was the dinar and dong. He told me they were not selling dinar but they were the dong and they had been busy. He pointed over to the 3rd or 4th teller window from his and he pointed out the smaller sign on the counter that also said foreign currency exchanges (his sign was larger and mounted on the glass).

He told me that they had added a second window and trained additional employees to help with the exchanges; they where expecting higher volumes of traffic. He offered no additional information and seemed like he didn't want to.

I had been in just two weeks earlier and the sign on the second window was not there before. Simple story but I left feeling pretty darn good! 

What It Means To Be Rich - Post By Liz Weston
 MSN Money
In our competitive culture, you may feel like a pauper compared with all the princes and princesses. But truly feeling rich is all about perspective.
"What's it like to be rich?"
My friend was settling into her business-class seat on a flight to London when a man making his way to coach asked her that question.
The man seemed a little odd, she said, but he didn't sound hostile. Just curious. Still, she was caught off guard. Instead of ignoring the question or offering a non-answer -- the usual approaches etiquette experts suggest when people ask rude questions about money -- she told him honestly that she hadn't paid for the seat, a company had.