Yes, the system is rigged. Everyone knows it’s rigged.
It’s rigged for you.
Investing in stocks is easier than ever before. When I made my first investment in 1985, I had to go to a brokerage company and pay them $30 for the trade. That’s $73.20 today. But investing in stocks is commission free with many online investment brokers today.
It used to be, only the wealthy and connected had an opportunity to get into certain investments. Today, crypto, crowdfunding, alternative investments, etc. are easily available, with as little as a credit card or bank account and your smartphone.
With a good credit score, you can get at least 2% cashback on all of your credit card purchases. Interest rates are low. You can make money with your phone – hell, you can make money doing a survey or two while riding public transportation, or suggesting products on social media with affiliate links. The opportunities to make and invest are endless.
But so many people say the system is rigged against them? What about that?
Mostly, these people are impatient. Poor credit scores and carrying credit card debt, and the system is rigged against you. Not investing, or impatient investing, and the system is rigged against you – for example, while the average mutual fund earns 5% annually, the average mutual fund investor earns 2% annually due to poor timing of their purchases and sales. Not learning how else you can earn and invest your money – just going to work and paying your bills – and the system will eat you up and spit you out.
That’s why knowledge and patience are your best friends.
Remember, it takes decades to earn substantial wealth. Be patient, be smart, and it will come.
DECADES to Wealth 