Post
Topic
Board Economics
Re: True wealth and fake wealth
by
alastantiger
on 27/10/2024, 23:58:15 UTC
Rich people also do not keep a lot of money in the bank, their money works in their investments and their businesses, this can be called real wealth, when your money works and brings income. And fake wealth is when a person has a big house, beautiful cars and many other material values, but all this does not belong to them but is in a mortgage and they can lose it all at any time.

True wealth and fake wealth have some similarities to people that aren't wealthy or can't distinguish between them. There's no need in wanting fake wealth when you can work towards getting the real wealth through hardwork and investment and after getting the wealth, you can then enjoy being wealthy. After working tirelessly, don't forget to put the money you made into an investment for some years to help make you more money. Rich neighborhood have lots of fake wealth people that are pretending be rich because we have poor people's disguising as the rich to mingle and feel what it's like to be rich. Real wealth don't need to make noise before you can recognised its presence.if you're not rich yet, don't fool yourself by telling people that you're rich. Instead when rich, claim to be poor as it'll help you avoid enemies