Tuesday, June 19, 2007

Keeping up with the Joneses


In today’s society people tend to buy first and suffer the consequences later, this “shop till you drop” mentality permeates the entire world and causes millions to be financially crippled their whole lives. In order to live comfortably for the rest of your life you have to invest into ownership shares of a company. In other words you have to actively invest and become a stockholder and not be like the majority of the world who invests to become shareholders. What is the difference between stockholders and shareholders? A stockholder invests to become a part owner of several companies in his lifetime and shares in the decision making process to further the company’s growth and success. Stockholders also enjoy the benefits of passive income or cash flow. A shareholder on the other hand funds different company’s with the hope of a substantial return that many times does not come to fruition. The majority of people today do not realize that they are spending their way to poverty. Keeping up with the Joneses only causes a lifetime of money problems while becoming a part of a team of owners guarantee’s wealth for generations to come.