Unfair Advantage
Almost received three related messages in a same time. Interesting...
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It's a recovery only if you're rich
Where you sit in the socioeconomic strata largely determines how you view the economy and how much you've benefited from the recovery so far. By all indications, this is a recovery only if you're rich...
http://money.msn.com/how-to-invest/its-a-recovery-only-if-youre-rich-mirhaydari.aspx
A little proof:
《福布斯》：比去年增值336億‧40大馬富豪身家1882億
40位的大馬富豪的身價總值激增，較去年增長了22%。這主要是與全球經濟復甦有關，比去年增加7.2%，是自2000年以來，增長率最高的一年。
http://www.guangming.com.my/node/97060
Malaysia’s 40 richest worth US$62b
The better coffers come on the back of the country’s healthy economy which grew 7.2% last year, the highest rate since 2000.
http://www.sun2surf.com/article.cfm?id=58296
Stocks have nearly doubled in the last two years. We're a long way from the dark days of 2008-2009. Yet the gains have not been equally distributed.
If you are well-educated and relatively well-to-do, and you have a sizable portfolio of financial assets, chances are you're feeling pretty good right now. You're probably working. You've enjoyed the stock market's doubling from its bear-market low. And you've probably even managed to convince your boss to give you a raise.
If you are less fortunate, with fewer assets and no college degree, and you are more reliant on that day-to-day paycheck, things have hardly improved at all. And now, with the costs of fuel and food on the rise, things have taken a turn for the worse.
After the Great Recession, there was hope that these problems would fade. But they haven't. But instead of financial turmoil, the next iteration will likely play out in the political sphere, as it has in places like Greece, Egypt and even Wisconsin as new pressures are placed on the working class.
Thankfully, there are signs that change -- positive change -- could be coming.
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If there is any financial education, the courses are taught by financial planners and bankers… the agents of Wall Street and the big banks, the very people that caused and profited from today's financial crisis. It is time for real financial education that gets to the heart of the economic condition at hand that is taught with honesty, straight talk and courage.
Take a new and hard-hitting look at the factors that impact people from all walks of life as they struggle to cope with change and challenges that impact their financial world.
The Unfair Advantage of Knowledge, Taxes, Debt, Risk, and Compensation.
It is important to change your context and act in a new way - to stop blindly accepting that your options are limited. Act beyond a concept of limited options and realize you don't have to struggle financially, with clear, actionable steps that any individual can take, starting with education.
(to stop blindly accepting that you are 'disadvantaged' people with limited options, and act beyond the concept of limited options and challenge the preconception that you will struggle financially all your lives)
When education becomes applied knowledge, it is a powerful tactic with measurable results.
What have we been taught about money? In most cases, the answer is: "Not much."
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It's a recovery only if you're rich
Where you sit in the socioeconomic strata largely determines how you view the economy and how much you've benefited from the recovery so far. By all indications, this is a recovery only if you're rich...
http://money.msn.com/how-to-invest/its-a-recovery-only-if-youre-rich-mirhaydari.aspx
A little proof:
《福布斯》：比去年增值336億‧40大馬富豪身家1882億
40位的大馬富豪的身價總值激增，較去年增長了22%。這主要是與全球經濟復甦有關，比去年增加7.2%，是自2000年以來，增長率最高的一年。
http://www.guangming.com.my/node/97060
Malaysia’s 40 richest worth US$62b
The better coffers come on the back of the country’s healthy economy which grew 7.2% last year, the highest rate since 2000.
http://www.sun2surf.com/article.cfm?id=58296
Stocks have nearly doubled in the last two years. We're a long way from the dark days of 2008-2009. Yet the gains have not been equally distributed.
If you are well-educated and relatively well-to-do, and you have a sizable portfolio of financial assets, chances are you're feeling pretty good right now. You're probably working. You've enjoyed the stock market's doubling from its bear-market low. And you've probably even managed to convince your boss to give you a raise.
If you are less fortunate, with fewer assets and no college degree, and you are more reliant on that day-to-day paycheck, things have hardly improved at all. And now, with the costs of fuel and food on the rise, things have taken a turn for the worse.
After the Great Recession, there was hope that these problems would fade. But they haven't. But instead of financial turmoil, the next iteration will likely play out in the political sphere, as it has in places like Greece, Egypt and even Wisconsin as new pressures are placed on the working class.
Thankfully, there are signs that change -- positive change -- could be coming.
---------------------------------------
If there is any financial education, the courses are taught by financial planners and bankers… the agents of Wall Street and the big banks, the very people that caused and profited from today's financial crisis. It is time for real financial education that gets to the heart of the economic condition at hand that is taught with honesty, straight talk and courage.
Take a new and hard-hitting look at the factors that impact people from all walks of life as they struggle to cope with change and challenges that impact their financial world.
The Unfair Advantage of Knowledge, Taxes, Debt, Risk, and Compensation.
It is important to change your context and act in a new way - to stop blindly accepting that your options are limited. Act beyond a concept of limited options and realize you don't have to struggle financially, with clear, actionable steps that any individual can take, starting with education.
(to stop blindly accepting that you are 'disadvantaged' people with limited options, and act beyond the concept of limited options and challenge the preconception that you will struggle financially all your lives)
When education becomes applied knowledge, it is a powerful tactic with measurable results.
