the rich getting richer..the poor getting poorer

The elite and rich are doing fine in this recession. The poor seem to be by comparison getting poorer. Energy prices and food plus have gone up considerably. Many companies have gone and lots of employees have been made redundant. I advise saving 10 to 20% of earnings. It is great to use a high interest account. I hope that you are able to pay for your son's tuition next year. Good luck.

I agree with you in this. Most of those that have better opportunities for earning are those that have the money already. That is why mostly rich people are getting richer while the poor obviously are still poor and considering the prices of goods always growing up, the poor ends up getting poorer. It is really important to save and of course work hard to earn. With respect to your investment, I do hope that it will prosper and give you what is due. Most of this online sites are a scam but of course there are those that are really legit.

its just how system works, when you are weak, you lose... when you are always on top of everything then you are on the lead.. it is always the same with how we think actually. when we let things happen, then its going to happen to us.. but if we conquer our poverty and be working hard on everything we of course won't let ourselves, and our family be drowned in poverty. it starts with one's self. when you think you will forever be stuck in a place, then most probably you will.

I have read about it too and most often if you search the internet there are a lot of good stuffs that you can read about finance. The rich people become richer because they invest their money and you are totally right their money is the one working for them why? because they have the right information. They invest on knowledge and they have learn to know the where, when and to whom to get the right information that can help them make their money work for them. Recently, i went into selling snacks. I started with a very small capital. I was bale to sold a few pieces until i was able to capture regular customers without actually selling to them. The small capital eventually increased and i was able to pull out the capital which my brother injected in our business. Now it is growing little by little and since we have regular customers already the profit we have keeps on rolling and increasing as the time goes by. \by end of the year we are expecting that there will be a 500% growth using only the profit we gained for current and past months. Now we are thinking of creating another source of income.:)

It is indeed sad but yes it is true. There are a lot of people who are more dedicated in increasing their money than sharing it with other people who needs it. There are a lot of rich people here in our country. They probably share part of their riches to the charity but there are a lot of people who are in need. Sharing is not giving your excess but giving what you have.

because there are people who are greedy! and selfish! they are already rich and want to become richer and richer. they always think of their self and not on how they can help other people to make them also richer. if we work together poverty will be reduced. i hope government will know this and faced by.

You do have a point. I guess rich people think like that because they already have the money whereas poor people think the way they do because they still don't have it. I think it just needs some getting-used-to. I've read a part of the book called "Think And Grow Rich" and it said that we have to change the way on how we think if we know that we're doing the wrong things. Maybe that's why we're not succeeding, we're doing things wrong over and over again.

Hi maxen07. I applaud you for taking the risk. However, I just also hope that you be careful in investing online. Do not be carried away by easy investments. There should always be a tangible product as return of investment. Check as well if there a BBB logo or accreditation for online businesses. And note that a good investment also required you to work on it. I don't believe on quick money online. The most reassuring investment is by securing work on line where you would not need to pay but render your service and you get paid for that work. Just a few advise. I purchased one program online for 100 dollars and completed the whole survey. When I finished the work, I did not got paid for it. I followed it up but there were no answer coming from them. Up to now, I did not received any work done by me. Good luck though.

That sounds about right. People say to save for the rough times. They also say work hard to get ahead. People also say you have no choice but to borrow if you want a house or a car. However does any of this actually lead to anything greater? Borrowing leads to debt which is financial cancer. Working hard may gain one a few extra dollars but there has been wage raises (in America at least) in the last few years so that is not very viable. And saving is good but that doesn't increase your money. It just preserves it. Investment is indeed a heavy stakes game. You win big or lose big. I hope in this case you win big! :) That would be some great money for your son's schooling!