Topic: This what poor people need - page 4. (Read 557 times)

I might think of something more, many people think that poor people are one of the failures in life because indeed they have not been able to develop from the moment they were born, and I feel this way because indirectly the barrier between social stratification is felt here.
people whose lives are well off will think of the poor as a nuisance and sometimes not a few people who don't want to hang out with poor people.
even though when talking about the position of all of them have the same rights in terms of humanity.
and one important point is that actually the poor don't really need mercy but what they need is the same opportunities that are given to the rich.

I don't think if you are Poor you have the right mindset to try and invest, what you care about is putting food one the table for their family and enough money for essential necessities. You cannot expect the people to go forth and think about investing their money or either to borrow money and invest that as well, what they can do is :
Invest in the education of their kids.
They can profit from the free government schools and universities in most countries
They can secure housing, ik all these tasks are tedious and most of the time they don't have general information about it therefore it's our responsibility to share it. That's where volunteer work comes in handy, it's a society, we all gotta help each other.

What poor people don't need is the advice of a troll who keeps opening threads giving useless advice as if he were a professor lecturing his students.

The best thing that can happen to poor people is that they live in a largely free economy society. This is not a simple thought or theory. What has lifted billions of people out of poverty is precisely that. Where a few decades ago people were starving to death today there are fat people.

Agreed, and who is the individual who does not wish to make an investment? I'm talking about all of us; if we have any spare cash, why not put it as an investment? Like myself, if I had extra money, I would put it into investments, but for the majority of people, their money is only enough to cover their basic needs and nothing else. It is extremely difficult because the vast majority of the rich are getting richer while the vast majority of the poor are getting poorer.

Same results? How exactly?
You cant guarantee a same result by just simply copying what rich people do. Regardless of your status in life, there are steps to follow in order to achieve your goal. Focus on gaining knowledge and experience then have a plan and strategy to execute.

Get a job, save then invest. Diversify your investment to what you think can give you a profit for long term.

So, poor poeple need....rich poeple to give them money.
What an astonishing revolutionary never heard before magnificent idea!
Seriously, not in a million-year time would I have ever been able to think of this!


Yeah right, the corporations that suck the blood of the poor people, funny how in states where there is no evil corporate organization everyone is simply dead poor, there is an elitist group and poor poeple, not even a trace of the middle class.


Yeah, the times are changing, the poor have taken over, and ....was there a marijuana smoking class open around here these days, or what the hell is wrong with everyone? Do you poeple live a parallel dimension or are you just so much into this crypto thing you completely fail to understand real-life and real-world events outside forums and bounty portals anymore?

Poeple who have made money out of crypto are poeple who have afforded to invest, poor poeple don't even have a smartphone nor the time or the money to do so, the ones who could throw 1000$ at any coin on the market without blinking are the ones that made millions, not the other way around.

If they really want to get rich they can educate themselves through youtube videos. It's all in conditioning their minds to look forward to the future and think BIG and be motivated. It's hard to do but it's doable.

Ghetto people however want to get rich instantly without having the knowledge. Not all of them but most couldn't wait. And the fund managers also don't think the way we all want them to think.

It's not going to be easy to organize this kind of crime family. But you may need one person like Carlos Matos. If you don't know him, this will remind you.

Aside from this not making much sense, people who lack sufficient addition funding outside of living costs is non existent.  Most people who are poor don't have the money to invest.  It's a vicious circle that doesn't break without hard work and a lot of sacrifices.  It's not that they are poor cause they aren't investing their money.

Very first thing, poor people are made by the government. The resources are getting accumulated within the hands of few corporates. When a corporate have the ability to make such a volume of money, why a government isn't able to do the same and diversify the revenue. I might look wrong in one way, and some might feel I'm right.

To make money you need to have a relaxed mind, when that isn't possible how come a person will think positive. These days middle class people have learned better and are improving themselves moving to the next level of living through a job and other kind of investment.

Poor people need to learn, because education is the only tool through which one can survive even if he isn't able to earn big. Most of the millionaires of the world state they are little educated. This means education gives the learning and the experience makes us strong to move forward and face anything to progress.

Not sure what you are saying over here. The poor people can't just "copy paste" what the rich people do and become rich like them. And no, they don't need a fund manager. A fund manager can't always beat the market. In fact, most of them are terrible at their job and only few succeeds.
No, investing your dope money in the market won't get you rich. You first need to clean yourself before you enter the market. Working at those "bs jobs" is what will help you gain capital to invest in the market. So don't quit that job. Keep working and invest when you can. Investment won't give you a steady flow on money. Risk is high. Flipping burgers on Mc Donald will give you steady flow of money.

Most wealthy people will have learned, or will go out of their way to learn, how to properly manage their money without a fund advisor. They may use one just to keep things simple and because they have other hobbies that they want to spend their time on, but most will have a good grounding in financial application. It's very easy to be wasteful with money at all ends of the spectrum - rich or poor. However you can learn a lot from reading about this topic if you really want to - just know that the path for the average person to having lots of money will take a long time and you're better off forgetting about all these get rich quick schemes advertised in your face every day.

I tag myself a poor entity basically because I come from a very poor home/community. It took years for me to get some things right but its all becoming a story now as I'm already paving my ways through crypto. Not stable yet but thanking God for the little I know and own today.

Poor people do not need fund managers to tell them what they should do, poor people (depending on the situation) needs fairer wages. If today CEO's are making thousands of times more money than the lowest paid person versus 50 years ago when they were paid a lot less, that means there is something wrong. If today Tesla is worth this much and Elon musk has 300+ billion dollars networth, that means he could pay his workers a better wage, if Jeff Bezos is worth this much then he could afford to pay good wages.

So, if huge companies paid decent taxes and did not try to add in a few more billion dollars, actually dozens of billions of dollars this year, then they could allow poor people to live better lives. Just 20-30 years ago people could work and earn enough money to buy a house, today that dream is long gone for majority of the working class.

Every day, watching the OP open new topics, I ask what he eats or smokes. Why does he have such thoughts in his head?
Why do you call rich people bastards? You are contradicting yourself by saying that you need connections and experience to organize good projects. A rich way of thinking does not depend on the presence of money. This property of the mind is either given or not. Not all rich people are born rich. Precisely because they were able to properly organize their business, as a result, they became successful.
What prevents people, from how I understand your society, those who "invest drug money", to stopping being lazy and starting developing?
It is foolish to talk about poor people who really have nothing to eat. For obvious reasons, they do not need to invest their pennies somewhere, since they require them.
But those people who are lazy and do not give due time to their education, but want a quick profit, do not need to feel sorry for such people and should not be called poor. All that they gained or lost happened only through their fault and greed.

I know where this is going.   Are you trying to be hired by someone here to be the fund manager? You took the effort of a long input for every details and even used poverty to float the way it should be done.  i.e. investments in mutual funds.
But, if no one will work for McDonalds then where would some people get their food? If we all inquire to whatever you are proposing then will there be no more poor guy in the world? I don't think that's how it works. It's called balance. There will always be a McDonald crew especially if he/she is just a starter in working then those who badly need experience will do it.
This may not be the right place to get some investors because we opened our eyes to cryptocurrencies industry and most of us will just invest it there without the need to hire a manager saving us more money.

Not only the poor, the rich are also after their profit. Rich people and poor people alike have to manage their finances well. We must be able to share it well with financial management, ranging from daily expenses to unexpected money. Speaking of us as poor people, we don't invest everything to trade, because if there is an emergency need, we don't have to give up our trade.

In boxing, athletes who do not understand finance are often taken advantage of by their managers. Mike Tyson sued his former manager Don King for $100 million. Today many MMA fighters have disputes with their managers for similar reasons. Its not unheard of for prize fighters who make millions to have funds mishandled by management and money handlers.

In general, the only way for people to not be taken advantage of is to be literate in finance and money and be directly involved in everything. The poor are a prime target for con artists and thieves due to lack of financial literacy. It is sad to say but if people can get away with exploiting lack of knowledge in the poor, or in wealthy athletes, they will often do so.

Even if the poor do succeed in turning a profit. It may simply mean they'll find their favorite drug dealer to buy drugs and spend it all. When COVID stimulus checks were sent, some people literally blew it all on drugs and were poor again within a very short span of time. One issue with poverty is, profits won't necessarily be handled in a way that translates to long term longevity. For the same reasons that more than 90% of those who win the lottery are usually poor again within a short time. Impulse shopping, lack of discipline and user credit could all conspire to help the poor remain forever poor.

As someone who spent some time trying to think of ways to end poverty. I'm forced to admit, its a much more difficult problem to solve than I thought.

Not all poor people are educated, some or most are illeterate. You should consider a lot of things before telling poor to get into crypto. The poor has nothing, if not totally, they would just put their money for their necessities. They would want a nice feast on the table rather than puting it into something they don't know about. Additionally, people need access before they get involve in such technology.

poor people in my country mostly they have low human resources, and partly because they are less fortunate. of the many poor people, they seem to only think about what they will eat later, so that long-term thinking such as investment or financial arrangements does not seem to exist in their minds, so this adds to the difficulty for the government, because they must be equipped with skills in order to survive.

Well... I think that times are changing, poor people are now building the phycology of making wealth unlike in the past when it was all rich affairs with poor people serving and bowing to the rich and chickening out easily to any financial obstacle. Like the IPO and even IDO, the poor are venturing into all of them trying to climb out of poverty. Cryptocurrency has opened the eyes of many youths whose parents were poor, so now in few years time we are going to witness poor youths turning into rich parents