InvestorsHub Logo
Followers 22
Posts 6964
Boards Moderated 0
Alias Born 03/18/2015

Re: Dbrown13 post# 74504

Wednesday, 05/02/2018 12:27:23 PM

Wednesday, May 02, 2018 12:27:23 PM

Post# of 128594
ultimately we will have to recognize capitalism as just another form of feudalism....and cannabis will help I am sure.

think about this - just to reach the top 1% of the earth's richest people by net worth, just in CGC stock - it would require 25,666 shares...at $30 a share. In other words, the poorest person on the richest 1% in terms of wealth is worth $770,000.

Now as for income - to be the least earning person in the top 1% you would need to make $32,400 a year.

So if you were to start at $0, and you were in the top 1% of earners, and you somehow lived without spending a dime - it would take over 23 years of working to reach that level.

Although you would never actually get there, because the net worth of the richest people on earth grows much faster than the income I am talking about....

however, if you had 770,000 making 5% interest....you are automatically included as a top earner....which suggests that most capital on the planet must earn less than 5%....

if you are not a millionaire, you are a slave - why would we do that to our family???? Migrants striding the world looking for a place to exist are our evening infotainment.....its a bunk system

Buying low, selling high is a tough way to make free money, this is easier.