Topic: Reason why the rich always get richer (Read 337 times)

In my point of view, the single most important aspect for someone looking into becoming wealthy is a mix of mentality and a diligent work effort. The appropriate mindset is necessary you must be focused, dedicated, and willing to devote the period and work required to attain the goals you have set. However, it is not enough to simply work constantly; you must also work effectively. Long-lasting achievement requires thoughtful planning and sound ability to make choices. Sometimes taking sensible risks is required to attain financial independence. It is also required to assess the expected risks and benefits of any investment or company effort. Having a growth mentality, which is constantly wanting to learn and better, can also help to lay a sound basis for wealth creation.

The rich people don't wealth just with the salary they earn but the gets richer by investing every money that comes in their hands. The rich people believe so much in investment,  they make good investment than spending money on luxuries. Before you  see the rich man spending money on luxuries he would first of make lot of money. Investment is just a way of life for the rich people.

Rich people dey help other people to get rich because dem no say dem no go remain there forever and if dey help other people like their brothers or sisters or friends to become rich, even though dem die today their name no go die for d mind of d people he help.

Rich people no dey afraid to put money for any business dem no say e go  bring money in future which is d reason u keep see Rich people always get richer in different businesses dey do for a living.

The reason why the rich get richer and the poor gets poorer is because the rich have people to help them or assist them. The rich also have the resources to startup any business that they want to venture into, and they also have friends that will reward them with contracts.

A poor man is just one his own, he might not even have a government job that can give him regular income, and no one to run to for help. Before a bank can give you a good amount of loan, there must be a collateral, where will the poor man get a property for collateral. It is good to take the opportunity and invest when you have the money, and you should also know about the investment that you are venturing into to avoid loss, and business failure.

Some poor people can generate funds to start-up a business, but they fail because they started a wrong business with no business idea on that field of business. A rich man can fail in business, and still try again in another field of business that might later favor him, because he has the resources.

There are enough reason for why the rich is getting richer the kind of mind that the rich use we don't have that mind and that is risk and not just risk they have everything in place before starting anything. and if you look at sections that have enough rich people they are areas we don't take note of and that is why we are lacking behind and a rich man will rather invest than to spend the money on things that are not important and they will also deprive there self of some things than spend. and anything they are starting that believe is always there and what is killing us is that we do not believe in our self and that is one dream killer we need to take seriously if you are starting it then you must finish it that is how it is suppose to be. and not starting and thing are not going well and the next thing is to give up.

   The reason why the rich dey get richer b say dem like to invest dem Money and engage themselves into waka dem wey dey bring Moni,dem no dey miss opportunities,dem no dey like move with people wey no dey sharp and smart, because in everything you do you have to be  wise ,dem believe say dem must achieve na him make dem no get one source of income,as dem don go up dem no like to come down,so dem go try their best make dem no come down from the height wey dem don reach.

Getting rich sometimes isn't a big deal as there are some folks that got to be rich through lucky means so the big deal is actually trying to stay rich because that's the most hardest part of a rich man life. Inorder for anyone to remain in that circle investment and self discipline must be thoroughly check because it's the only way you can achieve this, the rich always get richer through this one secret and anyone who is previlledge to understand this will surely maintain their wealth or richest.

The way this matter take be now, for this country na rich people still dey get rich. E dey very hard say person don comot from poor background say him become a rich, the person go know the kind of sufferness wey him face for this life, i know say e dey but until God still butter your bread. They said son of Nobody want become somebody. To even invest, is it not until person get money before they will start to dey invest, with this economy na who don chop belle full dey get money to invest, because poor man pikin wey dey think about how him go take feed himself, to invest the idea go even dey hard to come their mind. As things just dey now, in my opinion, that is the reason why e dey very hard say person make am for this life.

You can't predict bitcoin, you don't know when the price will increase or decrease you can just wake up and see the price increase and you will be profitable is just how you put your fund on it, that is how you will get money, when you put a large amount of money on bitcoin and later the price increase deeply, he can double your investment and he can probably make you rich because the profits you get you can use it in another investment and gradually you will be rich. and everything is under investing in bitcoin, so in my opinion, bitcoin can make someone richer if they are lucky, because many people have been investing in crypto for a long time but have only made small profits that cannot make you rich faster, so we are just managing, but I know the coin will boom one day and we will get what we expect from it.

That is what everybody wants. These things you said are not only applicable to wealthy people but even to the poor. When you are doing business and the business is not moving as it is supposed to, you need to quite that business real quick because if you continue, you may not gain anything. At the end of the day, the things you buy may even expire because there are no people to buy them, although for the poor, that is not what will boost their wealth. But still, everybody needs a successful business, and that is why you will see someone running after sometimes they quite the business because they are not getting what they are supposed to get from it.


Even if you invest all your monthly salary in bitcoin every month, it will not make you look like someone earning from a different source. I don't know how a bitcoin investment will make someone look like someone who is earning from a different source. However, bitcoin investment, I know, is something you will wait not even a year till you see that you have some profit before you sell; furthermore, with the current situation of the country, not everyone will even be able to use half of their monthly salary for bitcoin investment. or can you do that? 

It's natural that the rich always get richer because opportunities always needs preparedness to be able to cause a fruitful harvest, the  rich are not afraid to invest and take risk because they already have more than enough  The main reason why the rich get richer is because they have access to more resources, which gives them an advantage in terms of growing their wealth. They have more money to invest, more opportunities to network, and more access to education and other resources that can help them become even more successful. This opportunity creates a cycle that makes  the rich become richer, while those who are already disadvantaged become even more.
Omoh this whole situation can not be helped because one will always need capatal to catch up with an opportunity.

The most important reason wey make the rich dey continue dey rich be information and this information waka reach every aspect of life. Like for example, some poor people no sabi say bank fit give them loan so that them go pay later, dem no kuku sabi the process but rich person get such information and he is tapping on it. I tell you most businesses wey you see big men dey do, dem dey run am under loan through the bank partnership.

Another reason be say rich people get moral to invest money. Although dem already get money because poor people excuse be say dem no get money to invest but even when dem get that money dem no go still know how to utilize the money. Rich people get mind to invest so long dem see viability of investment.

Them dey also dey futuristic and not just to dey look at the immediate. Like a typical example na this Bitcoin price wey don begin dey bull now at $72k ATH, some people don dey do DCA since wey price dey below $30k, so tell me now wey price don high like this, you know see say na better cash depending on quantity wey person buy and the price go still high more.

So the points for me na information, mind to take futuristic risk.

No matter how E be for this life if you want to become a successful person in this life you have to take risk, many people wey we Dey see this days say them get money today, if them no take risk them no go reach where them Dey today, everything for this life have to be a risk, most especially when it comes to investment, I don’t know how about some people and how them they see life but my brothers and sisters life go show you many things that you by yourself go say you are not meant to be rich but as our elders talk, you don’t need to remember you where you come from to get up.

But I still Dey reason one thing for this life say na people wey no get money na him Dey always Dey lazy this days, I don see many people that are complaining about saying that they don’t have money but when you tell them how to make it they see it as a long journey or something that look like you are taking their level down , my brother no food for lazy man you gast wise and make money because Nigeria no be country wey go change to better country now.

One of the reasons like you stated is the fact the poor is always so scared of investments , they’d rather spend and do giveaways just to earn a name lol .

To invest in Bitcoin will not make you richer so quickly, you should be able to know how long your Btc investment will take you, and how much you have invested in btc before talking about rich or wealth. Secondly the aspect you said dividing your salary into two, it is not a wise decision to divide your salary into two for bitcoin Investment rather you need to divide it into 3 part 1, for Bitcoin Investment 2, for feeding and 3 for emergency fund that will not affect your bitcoin holding when the need arises.

Investing in Bitcoin don’t make someone richer that instant, and investing half of your salary every month won’t also make you look like who is earning from multiple source but rather it might make you reduce your spending which might make you appear like someone who is not earning at all, because half of your salary and the other half which is left can’t be able to foot your bills and you can also be left with what can sustain you for the rest of the month although this could be base on how much salary the person earn at the end of the month.


The part which is invested on Bitcoin will make the person richer if they can be disciplined enough to hold for a very long time until the price of Bitcoin can skyrocket to a level in which what they where able to hold and accumulate can be able to change there financial status, the long you hold Bitcoin and how high the price is will determine how much profit you can make from it.

You have said a lot, but they are what people still find hard to understand, which you have mentioned already, but I will like to elaborate on them again. Talking of risk without taking it, I don't see how you can make it and get rich, which is the main reason why the rich still get richer and the poor still get poorer. When we are talking about risk, it doesn’t mean anything about how risky it is. To be specific, the reason I said so is because there are some risks that, if you take them, you will still lose. No matter the precautions you take, those are risks you just jump into without doing research. 

Moreover, a rich person will never take a risk if he doesn't have adequate research on the specific risk. The poor usually follow what their friends or partners do so that they can carry that risk. That is why even if a poor person takes some risk, he will still fail. For instance, a rich man will never give up even though he is losing, but when a poor man loses a single risk, he will never do it again because he will say, Instead of taking those risks, why not go and look for what he will eat? 

So if all this is put into consideration, the poor will also know the rust meant for them but will not jump up to the risk that will not work for them just for the profit. Don’t work like that; there are procedures to follow before you take a risk. 

The rich always get richer because they are not afraid of investment, the see every investment as an opportunity to add to their portfolio though sometime they loss fund too which is normal, but the risk they take, a man without funds can not take it, a rich man mindset is always how to bring something no one has never done to enable them remain relevant in the market a poor man may have this idea but lack of funds can limit him not to achieve this, the reach see possibility in everything but the poor because of their IQ doesn't see it that way, these two categories process information differently.

Yea, it's true that the rich keeps on getting richer, while the poor keeps on getting poorer, you know why? Because they have financial leverage the poor don't have, they take investment risk the poor wouldn't take, they sees opportunities the poor wouldn't see, because they actually sees differently, they have contact at the top the poor doesn't have, so to me, it quite logical and a normal thing that they will keeps on getting richer and richer, while the poor keeps on getting poorer and poorer.

the way the world is structured, every rich man has a lot of things in common and this is same with the poor man.

The thought process of the rich is totally different from that of the poor. While the poor thinks consumption, the rich thinks investment. While the poor sees impossibility, the reach sees opportunity and lots of possibility.

For me, what makes someone rich isn't that they have money or that thier parents have money or connection, once your mind is rich, it would only take time before it starts manifesting in the physical. Some people have this poverty mentality that has limited them to a point were they just conclude that they can't become rich at all.

Even in this our country that it appears as though things are very tough and difficult, with the right work, commitment, and dedication, you could become whatever you want to.

The main reason why the rich always becomes richer is that they have the mentality of never settling down so soon and regardless of their status, they don't neglect the fundamentals that brought them to the top.

The principle of the capitalist state is that the rich will be more wealthy and the poor will lose more wealth, meaning that their wealth will be stolen by rich people. Now the whole world are contained the victory of the capitalists persons.

One of the obvious fact why the rich are always getting richer, the rich normally have a bigger picture of tomorrow and not even the present but the poor only prioritize about the present, the poor save their while a rich will invest, life itself is a risk and it is more risky no to take a risk, the rich takes alots of risk while the poor don't, the rich creates relationship among themselves no wonder they say birds of the same feathers fly together, the rich maximize opportunity while the poor only takes opportunity.

Omo, even Bible talk am say " For everyone who has, more will be given, and he will have abundance. But from the one who has not, even what he has will be taken away. If bible go talk like this, how we think say the rich people go first wait till their money finish before they hustle get another one, my dear, even if they get full the world, they still hustle day and night just to make sure say their no dey drop and wetin dey also make the rich to get richer na because them dey get the idea on how dey go carry increase their money, some na by investing, some dey invest for crypto while some dey invest as traders that is people wey they sell food stuffs, provisions etc and also why them they get richer too na because they get people wey get money too, so them dey help too, and them dey get access to something wey other people no get. But e tire me o, why them no go also make people wey dey poor, sha nothing dey equal for this world. Na e make life no balance.

For me I don't see getting rich as being successful in life, I don't know about others perception of rich or success but this mine.
For sure get rich isn't an overnight deal, or should I say one can't get rich over night you have to put in some work to be successful.

investment is one wonderful effort that most rich people have made and I admire that, if you want to be rich you don't have to depend you your salary job and expect to become rich with your saving at bank, for everything must grow your savings that is kept constant and stagnant your account needs to be put where it will yield some good fruit, even from the stories of the holy bible the people where give some coin to hold, the one who use his own to do business became the richest among them because he was thoughtful enough to make his own profit from the little he had.

its applicable to life you must be doing something that you have to multiple before you can become lucky enough to be successful.

Wealth creativity is a peculiar task that not all human beings could engage in it. Wealth differential among members in the society and the propensity to further engage in wealth accumulation entails certain factors such as;
1) The knowledge of the logic and the dynamics of money generation. Those who have this knowledge also apply them. An their business increased.
Secondly, the burning desire and zeal for further wealth creativity, the successful few possess these features. The aspect of reinvestment in cyclic format is a function of zeal to expand.
Thirdly, wealth itself is expansionary. It needs special attention and strict obedience to the logic of self expansionism. Some out of intelligence, obedience to the logical nature of the dynamic forces of money generation, they have persistently reinvest for further expansion.

Reason why the rich get richer why the poor get poorer is that (1)the poor lack management (2) not taking a useful opportunity serious(3) they will see every opportunity as scam (4) they are not ready to invest rather believe In saving in the bank (5) They always think that opportunity to be rich is God's time, forgetting that faith without work is dead (6) Some are naturally lazy and a lazy man can not be rich(7)The poor lack packaging but the rich knows how to package things an that is what makes them to be connected ( The poor are week in decision making why the rich makes a decision and stand by it and also work hard to make sure they achieve their dreams accordingly with proove (9)The poor don't see the end from the beginning but the rich knows the end from the beginning (10).
There are many more things to prove why the rich get richer and the poor get poorer.
In other words, to be rich is not easy because maintaining the wealth is even difficult than answering the name rich. It takes a rich mind to maintain riches.

Being wealthy is a full-time endeavor, how can you get richer even if you complete other tasks and don't succeed in earning a steady income? It will be difficult, and even those who think they are wealthy may invest a portion of their funds in another venture where they may earn a meager sum of money on a monthly or weekly basis.

However, some employees were unable to retain a portion of their monthly salary, which is understandable given that investing is the best way to get wealthy. You can only squander a little money you have till he finished without accomplishing any goals if you don't invest it.

Wealthy people dey take risk dat will make dem rich more in d future and, if dey discover say d business no go make dem rich in d environment, dem no go put money for dat kind business again and even though dey put money for such business and d business is not working well to bring more money, dey will quit from such business and look for business dat will boost their wealth.

 But when u dey earn salary from your working place every month and, u dey put half of d money in BTC investment, I guess it will make u richer and it will not make u look like someone dat is earning money from only one source.

It's reality you said, that is why is more risky not to take a risk, because the more risk you take for investment the more your income.

There is one thing that make the rich getting richer, not only investment but smartness and having good speculation about future if what they want to go into, such as seeking good knowledge and carry out feasibility study on that investment or risk you want to venture in matter allot, it's smartness that does it because you can invest and still get poor if your smart.

There is a saying that if becoming Rich is by hard work wheelbarrow or truck pushier  would have been the richest, any investment or risk which smartness is not applied end up like this saying of working hard but no results the wheelbarrow Pusher experience.

But the key to get rich is tide down to investment and risk taken but smartness can't be taking away because that what makes its complete my opinion.

That's indeed true as there is no reward without risk but we also need to consider that everyone should get equal opportunity to earn in first place in order for them to invest because I have grown up seeing people who work much harder than us but still earns lesser than us. It a matter of hardwork and sometimes opportunities. But yeah the majority of them just don't want to take risk as they are comfortable with their salary and only in their late 30s they realise that they can never be rich by doing 9-5.

People just get comfortable with their jobs and that's the biggest problem.

Getting rich or been wealthy is never a day job as we may say it, it is always like a journey of a thousand miles which always begins with a step, there are certain strategies u need to consider self discipline is one of it commiting your self also on a longtime investment (goal).
Also been a salary earner won't make you get richer if you are not investing on it, it is always about what you do with the income you have, there is this saying that says no risk no reward people that gets rich in life are also risk takers.
The rich also invest on a long time asset that will be profitable to them in time coming while other people save their money stuck in the bank without any profit the are busy making their money grow for them on what they have invest into, it can be real estate and other profitable businesses.