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Author Topic: What are the rich thinking?  (Read 927 times)
GeorgeJohn
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September 29, 2024, 09:58:56 PM
 #81

Do you classify rich and poor based on the figure in their bank account? That's a wrong way by the way. If you boast of having more zeros to your account,
The best way to rate people who you're confused that they're not of status, is their investment, you might have low digit in your bank account but you have investments that worth billion dollars, and someone have a large variation of digit and you conclude that someone who has large number of digit is richer than the other that invest in different sectors...such measures is called eye service comparison, richness is measured by wealth

I will see you as dumb and someone that lacks ideas. You use the zero to create more zeros and not sitting on it unless you want to have a single zero eventually.
No, don't say its dumb, because he need to be corrected when he or she has done a mistake, you knows what we here is to transmit knowledge from one person to another, brief op to understand that we need to understand the different between poor and rich, and using figures in bank account to equate them is totally unacceptable by me. But correct op with understandable tone.


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September 29, 2024, 10:47:45 PM
 #82

The rich only think of how to multiply the little they have into thousands while the poor only think of how he can manage the little he has to get food to sustain him for the day. And we can't break their (the rich) head and start swimming inside before we know what's next they're thinking. We're all the same and the way we think can be the same but the way and manner we go about what we think is very different, and if we think the same way and handle all we are thinking the same way it all has to do with luck because we all can't be the same in every way. If everyone is rich, who's going to be the poor? Who will ask for help from the other? The world need to be balanced that why we have good and bad, left and right, up and down, rich and poor etc, everything comes in twos.
Quite rightly, if everyone gets rich or everyone only works for self interest, the world order will be difficult to maintain. Each person has a fixed role that is necessary to run the society and for example if everyone is just a Airplane builder then where will the pilot come from. Similarly, each person has a fixed position which is separate from each other. Not only the builder of the airplane is important but also the one who flies it. If we all do the same kind of work who will do the rest of the necessary work. The system of the world is based on this difference and disagreement which leads humanity on the path of development.











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September 29, 2024, 10:49:26 PM
 #83

Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home.

In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best!

What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?

If you are self made rich you usually want to be more rich.

Fuck the middle class and stop them from getting richer.


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September 30, 2024, 05:06:50 AM
 #84

In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best!

Big moves are always chosen by rich people and they are more likely to dare to take risks so the chances of achieving financial success are much better.
Ordinary people do not have the courage to take risks so it is difficult for them to grow.
We don't need to talk about capital because it will make other people more pessimistic even though money is necessary if you want to get rich.

But also remember that starting anything responsibly will result in a much higher percentage of success.
Although we should not ignore the factors of knowledge, capital and so on.

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What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?
Do something and make progress in ourselves so that slowly everything can be solved.
Don't be afraid to take risks even though the chances of failure are much greater because if you do it with good knowledge and patience, you will definitely be successful.

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September 30, 2024, 01:00:19 PM
 #85

In almost all countries, everyone who is on the list of rich people in their country or even the world, indirectly must be part of the government. Because it will give them many conveniences to run a business, maintain it, and protect it from various bad possibilities. In essence, rich people with the capital they have, are able to run their ideas and influence many decisions that will benefit their business. It must be admitted, the middle class actually also understands regulations or laws, but the connections they have are limited, besides they don't need them because they don't have or run a business. In the end, any business that is run, will be easier to develop if it is in accordance with the wishes of the government in the long term, because it will get support from them indirectly through the regulations that are set.
You are right, most rich people will also play a role in government, although not directly, usually they have people they can trust in the government sector, and you are also right that it is part of their strategy so that their business can run well and without any interference. If necessary, every policy made by the government benefits them or benefits every business sector they run. Especially in my country, rich people usually have great influence and even government officials will respect them more than they respect their superiors. It's funny, but it really happens. They are smart but also cunning, but not all are like this, I think they are people who really care about themselves.

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September 30, 2024, 02:46:55 PM
 #86

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If we can't have a luxurious house and also an expensive car, then we will be proud by owning all of it will be able to make us rich, but when we have all that it will become an ordinary thing and no longer a luxury for those who already have it, when other people see us continue to do work and also continue to collect money so that we can fulfill whatever we want, of course other people will think we are rich,  Because it is very unlikely that those who are lazy in work will be able to fulfill whatever they want.

I still think that real wealth lies in real thoughts and actions.
We can see examples in real life. In the field of sports, athletes have done it. Public officials, artists also do a lot.

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You're right, those who can use their money well in terms of what benefits them, of course this will be very good, but for some people who only save their money in the bank, of course they have other plans with their money and if they can use the money to be able to bring profits, of course this will be better than their money being kept in the bank.

That's how it should be. Using money well in terms of anything that can be profitable because of the turnover that is done.
Saving money in the bank is also done but I guess it's only for daily transactions if the stock of money in the pockets of the pants is no longer there. If rich people think far about the benefits that will be obtained, then saving money in the bank is not a desirable action. Instead of piling up in the bank, they prefer to invest in several assets.

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September 30, 2024, 05:08:23 PM
 #87

But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home.
I don't think so, because in order to accumulate so much money and to make it grow within time, a different mindset configuration is needed. Rich individuals can't maintain their financial status on long run by having the same mindset ordinary people commonly have.

And when a rich has that kind of average mindset (heirs), he ends losing his patrimony or decreasing it considerably along his life. Management skills and an approach with focus on long term goals are needed.

To be rich doesn't mean only to have money under your disposal, but also to respect money, so you can use it responsably in your favour.

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September 30, 2024, 06:05:23 PM
 #88

Rich people and poor people have the same desire, which is to live longer in good condition, only the general conditions of both are very different but the goal remains the same. Rich people have a lot of money that can support them in anything including investing in assets whose value continues to increase over time, so that increasing wealth will support their survival in the long term and also in the future and also supported by the skills and intelligence they have. And poor people have limitations that prevent them from doing so, especially in terms of finances, and what they think about is how to get money to survive longer and in good condition. They may want to invest but they think it seems impossible because all they think about is getting money to be able to meet their needs.

Actually, if we discuss the differences between the two, we will find many differences in answering them but all are correct. Because what distinguishes rich people and poor people is the main factor, namely finances, mindset and also circumstances that make both of them contradict each other but the goal is the same, namely to survive longer and also in good condition.


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September 30, 2024, 06:27:35 PM
 #89

Let’s be honest—most of us think the rich have some secret playbook, right? But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home.

I think rich people have the money to invest in, and they have already started living comfortably, so this is what you can’t compare to the poor. Some people also want to invest and have a good profit in return, but there is no mean to do that because if poverty exists while the rich already have the money, his mindset is already there, which is to make a profit out of the investment. 

 
Quote
In the end, they’re human too—just with fancier toys. But whether you’ve got a million bucks or just a few sats, the game’s the same: everyone’s trying to get ahead, and no one really knows what’s coming next. So, what are the rich thinking? Probably the same thing we are: HODL and hope for the best!

What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?

We are all the same and also thinking the same thing, which is getting profit from the investment we have done, but you need to know that rich and poor there must be differences in their investment and also how to make money. The rich already have the money in bucks and can sacrifice any amount he wants, which the poor will find difficult to do. 

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September 30, 2024, 06:56:48 PM
 #90

What do rich people think? Rich people always think about how to turn $10 into $20. Rich people usually dare to take risks and poor people want guarantees. In addition, rich people understand the principle of making money, they will see money as an opportunity to seek profit, not just something to be obtained.
You are right if all the wealthy have their own businesses or are entrepreneurs. They do not represent a large percentage of the total number of wealthy people in the world because there are multiple sources of wealth and not every wealthy person is necessarily a business owner or investor. For example, there are wealthy people who gained their wealth by inheritance from one of their relatives and live the life of the wealthy without having to work, and also those who gained their wealth from fame, such as the new social media wealthy. All of these people live a consumerist life and all they think about is spending and not developing investments or improving their business conditions. I am speaking from a general objective point of view and there are certainly differences in each category of wealthy people, considering that not all wealthy people have the same circumstances and therefore will not have the same thinking.

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October 01, 2024, 02:02:58 AM
 #91

Rich people and poor people have the same desire, which is to live longer in good condition, only the general conditions of both are very different but the goal remains the same. Rich people have a lot of money that can support them in anything including investing in assets whose value continues to increase over time, so that increasing wealth will support their survival in the long term and also in the future and also supported by the skills and intelligence they have. And poor people have limitations that prevent them from doing so, especially in terms of finances, and what they think about is how to get money to survive longer and in good condition. They may want to invest but they think it seems impossible because all they think about is getting money to be able to meet their needs.

Actually, if we discuss the differences between the two, we will find many differences in answering them but all are correct. Because what distinguishes rich people and poor people is the main factor, namely finances, mindset and also circumstances that make both of them contradict each other but the goal is the same, namely to survive longer and also in good condition.

Rich people and poor people have differences in their mindset even though they have the same goals. Rich people think far ahead to have a business and run it supported by available financial capital, while poor people can only plan without stable finances so it is difficult to make it happen, and that is a far difference.

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October 01, 2024, 05:51:23 AM
 #92

I remember my dad teaching me from a very young age that the reason many people get rich and stay rich is because they do a great job saving.  If you were to take a really close look at the rich and their spending habits, of course now this depends on how "rich" they are, but I think a lot of people might just be surprised at how they actually are living their lives.  They don't spend like people necessarily think that they do.
That's true. A wise rich person would never overspend because they know the importance of the money they have because they have earned it with hard work and determination, even if it's someone who didn't work hard for the wealth they have and they have either inherited it or won it in a lottery or something, they will still know its importance if they have been to a lower place before so they would use their money wisely and not uselessly.

Why do rich people always start new companies or make investments here and there? It's because they know this money will grow, and the money that they will spend on things will go wasted, so what they do is they secure their future first and then think of spending money on other things.

If you get rich in the future, remember that your primary focus should be to find and do things that won't let you become poor.

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October 01, 2024, 06:13:27 AM
 #93

~Snip

What do you think—am I on to something, or do the rich have a whole different mindset we’re missing out on?
When it comes to mindset, I'm sure rich people have a different mindset from poor people. Because basically everything is clear, what makes rich people rich and what makes poor people stay poor is their mindset. Because as we know, rich people always think a thousand steps ahead of poor people. For example, in terms of technology, rich people who currently own large companies already know what we don't know. For example, before there were Android cellphones, of course most people didn't think there would be Android cellphones. But rich people whose cell phone companies are now very big are already thinking in that direction (Android phones). Simply put, that is the difference in the mindset of rich people and ordinary or poor people, when viewed from the business world. So the conclusion is that rich people always think critically (not all of them, but maybe the majority) in everything. That's why rich people are always able to be at a much higher level than ordinary/poor people. Apart from that, initially these rich people were able to get out of their comfort zone, in essence they dared to start their own business. In contrast to the poor or lower middle class, most of them do not dare to leave their safety zone (becoming workers). Therefore, the poor/lower middle class do not experience significant progress in financial terms. Because, they don't dare to take the risk of leaving their safe zone and creating an independent business. So the conclusion is that there are differences in the mindset of rich people and poor/middle class people. And of course in other things such as the investment sector, the mindset of rich people and poor people will definitely be different.

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October 01, 2024, 06:30:47 AM
 #94

Quote from: itorai
Quote from: bitzizzix
Rich people and poor people have the same desire, which is to live longer in good condition, only the general conditions of both are very different but the goal remains the same. Rich people have a lot of money that can support them in anything including investing in assets whose value continues to increase over time, so that increasing wealth will support their survival in the long term and also in the future and also supported by the skills and intelligence they have. And poor people have limitations that prevent them from doing so, especially in terms of finances, and what they think about is how to get money to survive longer and in good condition. They may want to invest but they think it seems impossible because all they think about is getting money to be able to meet their needs.

Actually, if we discuss the differences between the two, we will find many differences in answering them but all are correct. Because what distinguishes rich people and poor people is the main factor, namely finances, mindset and also circumstances that make both of them contradict each other but the goal is the same, namely to survive longer and also in good condition.

Rich people and poor people have differences in their mindset even though they have the same goals. Rich people think far ahead to have a business and run it supported by available financial capital, while poor people can only plan without stable finances so it is difficult to make it happen, and that is a far difference.

They think differently in the community, which is the reason why they are not in the same position on earth, because it will be difficult for everybody to be rich in the world, because Rich people want to use what they have to improve their wealth while poor people feel like eating what they have now to remain where they are. Rich people don't spend their funds on investment they don't have idea, because they know that once they invest on investment they have idea in the community, it will multiply their funds when the investment started bring incomes. But poor people always see real investment as fake investment, because they don't have idea about the investment, because the funds that involve in that investment is very massive which it can change their minds to invest their funds on cheaper investment that is not real which is the mindset of poor people.

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October 01, 2024, 07:44:32 AM
 #95

But here’s my take: they're probably just like us, only with more zeros in their bank accounts.Maybe they're stressing over their crypto portfolios, wondering if they should have bought that extra Bitcoin last week instead of that third vacation home.
I don't think so, because in order to accumulate so much money and to make it grow within time, a different mindset configuration is needed. Rich individuals can't maintain their financial status on long run by having the same mindset ordinary people commonly have.

And when a rich has that kind of average mindset (heirs), he ends losing his patrimony or decreasing it considerably along his life. Management skills and an approach with focus on long term goals are needed.

To be rich doesn't mean only to have money under your disposal, but also to respect money, so you can use it responsably in your favour.
Heirs losing it is even worse because poor do not have any money to lose, they just fail to earn money like the rich people earn, but heirs already have money and all they need to do is keep that money. Hell by that time, depending on how rich, you can literally sell everything, put it on some interest, and live off that a wealthy life without worrying about ever becoming poor.

Even over half of the poor people would live better than these heirs who lose all their wealth, given enough chance. It's sad that people would lose that much money, mainly sad because these type of people do not lose their money to people who need it, they lose it to banks and loan sharks and all that, meanwhile their workers won't be even paid their salary because they bankrupt.

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October 01, 2024, 09:01:38 AM
 #96

Rich people and poor people have differences in their mindset even though they have the same goals. Rich people think far ahead to have a business and run it supported by available financial capital, while poor people can only plan without stable finances so it is difficult to make it happen, and that is a far difference.

Yes, that's right, bro, why are rich people when they plan something they just go straight ahead, because they have it easy in terms of capital, and they have high determination, if we poor people are stuck with capital, and when we have limited capital we have a lot to think about. , in terms of losses, our mental abilities have many aspects that we consider, if very rich people say they will go straight ahead without having to think at length, it is their determination and self-confidence that they hold firmly.

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October 01, 2024, 09:46:44 AM
 #97

I remember my dad teaching me from a very young age that the reason many people get rich and stay rich is because they do a great job saving.  If you were to take a really close look at the rich and their spending habits, of course now this depends on how "rich" they are, but I think a lot of people might just be surprised at how they actually are living their lives.  They don't spend like people necessarily think that they do.
That's true. A wise rich person would never overspend because they know the importance of the money they have because they have earned it with hard work and determination, even if it's someone who didn't work hard for the wealth they have and they have either inherited it or won it in a lottery or something, they will still know its importance if they have been to a lower place before so they would use their money wisely and not uselessly.

Why do rich people always start new companies or make investments here and there? It's because they know this money will grow, and the money that they will spend on things will go wasted, so what they do is they secure their future first and then think of spending money on other things.

If you get rich in the future, remember that your primary focus should be to find and do things that won't let you become poor.

Over spending will cause lose of fortune to people and rich people usually don't do this thing since they have proper budgeting on how they spend their money. Became rich because they know how to handle their money and they don't buy those unnecessary things since what always came up in their mind is how they can find ways to generate more income.

Rich always find good opportunities and this is how they build their wealth. Those mindset is actually I want to follow since overspending on things that we don't need is dream killer that's why people should realize that especially for those people who want to show up that they are wealthy even if they are struggling in life since their earning power is limited. But there are rich people commit mistake and commonly they are engage on wrong doing like became a womanizer or became a gambling addict which cause their economic state to collapsed.

R


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October 01, 2024, 10:17:21 AM
 #98

Rich people and poor people have differences in their mindset even though they have the same goals. Rich people think far ahead to have a business and run it supported by available financial capital, while poor people can only plan without stable finances so it is difficult to make it happen, and that is a far difference.
Yes, that's right, bro, why are rich people when they plan something they just go straight ahead, because they have it easy in terms of capital, and they have high determination, if we poor people are stuck with capital, and when we have limited capital we have a lot to think about. , in terms of losses, our mental abilities have many aspects that we consider, if very rich people say they will go straight ahead without having to think at length, it is their determination and self-confidence that they hold firmly.
All of this is inseparable from the ease that rich people have to be able to carry out what they think, capital is one of the things that is easy for them to get and that is the difference compared to poor people, although it cannot be denied that the mindset of rich people who are increasingly developing makes it easier for them and this is different from the mindset of poor people who continue to feel hardship so that it is not easy for them to get up, especially with all the limitations.
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October 01, 2024, 10:20:40 AM
 #99


Over spending will cause lose of fortune to people and rich people usually don't do this thing since they have proper budgeting on how they spend their money. Became rich because they know how to handle their money and they don't buy those unnecessary things since what always came up in their mind is how they can find ways to generate more income.

Rich always find good opportunities and this is how they build their wealth. Those mindset is actually I want to follow since overspending on things that we don't need is dream killer that's why people should realize that especially for those people who want to show up that they are wealthy even if they are struggling in life since their earning power is limited. But there are rich people commit mistake and commonly they are engage on wrong doing like became a womanizer or became a gambling addict which cause their economic state to collapsed.

Planning to spend wisely is completely different from saving, what I see is that rich people are good at planning their spending, they are not saving. Only poor people save because they know that earning money is much harder for them.

Most of your comments show that you guys understand how rich people think very well, but I still wonder. Why don't any of us get rich? We know all about what rich people think and do, but why can't we be one of them? There have been many comparison topics about rich and poor lately, and most of us praise and glorify the rich and criticize the poor, but ironically, none of us are rich Cheesy Grin.


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October 01, 2024, 02:59:43 PM
 #100

Rich people and poor people have differences in their mindset even though they have the same goals. Rich people think far ahead to have a business and run it supported by available financial capital, while poor people can only plan without stable finances so it is difficult to make it happen, and that is a far difference.

Yes, that's right, bro, why are rich people when they plan something they just go straight ahead, because they have it easy in terms of capital, and they have high determination, if we poor people are stuck with capital, and when we have limited capital we have a lot to think about. , in terms of losses, our mental abilities have many aspects that we consider, if very rich people say they will go straight ahead without having to think at length, it is their determination and self-confidence that they hold firmly.
The difference between the rich and the poor is just the figure they both have in their accounts. The money the rich already have always makes them to accomplish things very easily, it is not as if the rich are very wise than the poor,  it is just that they can easily get what they want because they already have good networking.  Like the poors struggles for money to set business in order and their is no networking because they still struggle to build up. Money is just the difference which is affecting and playing a major role in the life of the poor and the rich.

R


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