2011-03-14

Types of Income, The Unfair Advantage?


A different approach to illustrate different type of income. :)

When some people hear the words "Unfair Advantage", they get an angry feeling like somehow people are cheating or not playing by the rules that are "fair." I can tell a lot about a person when they respond that way. They're usually the people who sell their labor for a wage or salary. They don't own assets. Instead they are owned by a job. They will most likely never own anything of value and many will die with nothing, simply because our schools and their families never taught them what they need to know about money.

The rich understand that money is not an asset, they are the asset. They have the knowledge required to generate real wealth. Their knowledge is the true unfair advantage.

The Unfair Advantage of Knowledge
The Unfair Advantage of Taxes
The Unfair Advantage of Debt
The Unfair Advantage of Risk
The Unfair Advantage of Compensation

Related:
Comparison - Silver and other asset class

Comparison - Forex and other asset class

Why Silver will Always Beat Gold

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