How much could you have made in 2013 if you started with $1,000 to invest? What if every bet in the markets was a sure thing? What if you could put all of your eggs in one basket and never lose? Yesterday The Atlantic revealed the answer the the numbers are truly staggering. Billions. Let’s say a trader began 2013 with $1,000 in a brokerage account and each day put all the money into the best-performing equity in the S&P 500. Doing this day-after day—for the 241 trading days would leave this lucky son of a bitch with $264 billion in the account today… and leaders from every government on Earth breathing down their neck.
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World’s richest woman Gina Rinehart is enduring a media firestorm over an article in which she takes the “jealous” middle class to task for “drinking, or smoking and socializing” rather than working to earn their own fortune. What if she has a point? Steve Siebold, author of “How Rich People Think,” spent nearly three decades interviewing millionaires around the world to find out what separates them from everyone else. It had little to do with money itself, he told Business Insider. It was about their mentality. “[The middle class] tells people to be happy with what they have,” he said. “And on the whole, most people are steeped in fear when it comes to money.” Average people think MONEY is the root of all evil. Rich people believe POVERTY is the root of all evil. “The average person has been brainwashed to believe rich people are lucky or dishonest,” Siebold writes. That’s why there’s a certain shame that comes along with “getting rich” in lower-income communities. “The world class knows that while having money doesn’t guarantee happiness, it does make your life easier and more enjoyable.” Average people think selfishness is a vice. Rich people think selfishness is a virtue. “The rich go more »