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Why does the rich gets richer?

Well, If you know who Robert Kiyosaki is, read his article.

http://finance.yahoo.com/expert/article/richricher...

19 Answers

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  • Anonymous
    1 decade ago
    Favourite answer

    Read his book. Quite interesting. Basically, you don't work for your money, you let your money work of you. Smart investing.

  • 1 decade ago

    Yet another Republican pointing their finger at an obvious problem and saying it unfixable and will lead to economic doom so we should give all of the money to rich people, of which he is obviously one, because poor people are too stupid to deserve it.

    This is why the Republican party is in shambles. The simply refuse to even TRY to deal with problems.

    By the way, I didn't see anything in the article that suggested a reason that Rich people keep getting richer. Or at least a REAL one.

  • Anonymous
    1 decade ago

    B/C when you work for somebody - you produce certain values.

    Out of these values you got 1% , the rest is going to your employer, investors, stock market brokers and hudreds of greedy sharks that have invested in your company.

    How much time do these 'the rest' work a week ?

    How much real values do they produce ?

    5% of the top rich produce zero real values and have 95% of of these real values produced by 95% of the people who have 1% of what they produce.

    That is a big lie that you can become rich by hard work or education only. The chances are the same as becoming a millionair by winning in lottery . Yet hundreds of millions still believe in this myth

  • 1 decade ago

    A system driven by greed and self-interest collapses because it's driven by greed and self-interest.

    Witness the current shambles on Wall Street.

    Without government intervention, greed will drive people to unlimited profit taking with as little in return as possible.

    This should be obvious.

  • Anonymous
    1 decade ago

    Rich get richer because they keep doing what made then rich, education, hard work, dedication, Poor keep getting poorer for doing the opposite, refusing to study, laziness, sloth, envy, demanding handouts and whining how unfair it is that the rich are getting richer.

  • 1 decade ago

    In part the rich get richer from one really simple concept.

    Compounded interest

  • Anonymous
    1 decade ago

    They work smarter and have the right attitude. Middle class just puts in their 40 hrs and watches sitcoms all night.

  • 1 decade ago

    What should the rich do?

    Why do you hate rich people. If you were rich, would you do what you could to get richer? Hell, don't you do what you can NOW to get richer?

    That isn't even a real question.

  • 1 decade ago

    not reading but do know it's generally because they work hard or take investment risks!

  • Anonymous
    1 decade ago

    There will be fewer of them now that Obama is president

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