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by Tade0 2700 days ago
Wealth is finite at any given moment and it so happens that growth does not affect everyone equally.

On top of that developed economies tend to grow slower - we may all be millionaires by early 70s standards with our fast cars and air travel, but I don't think in 50 years we will be millionaires by today's standards - there simply won't be that much growth in the future.
1 comments
Supermancho 2700 days ago
> Wealth is finite at any given moment

Investment supposes this is not true because wealth is not an evaluation of liquidity. The hardest thing to realize is that that's poor people thinking and you're already behind if that's how you operate (ie the vast majority of the world, including me).

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Tade0 2700 days ago
Investment is a promise, or actually a hope - it only gives a perception of value. It's not actual wealth.

To illustrate my point: can you imagine everyone living off passive income today?

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