Thinking that you’ll get rich by picking the right stock is just as ridiculous as thinking you’ll get rich by winning the lottery.
It’s not that easy.
I’m no expert in money, but if there’s anything I’ve learned in the last year, it’s that wealth is a mindset that includes immense dedication and hard work.
The problem with get rich quick schemes isn’t that the underlying concept is about getting rich in a short amount of time. The problem with get rich quick schemes is that they promote getting rich without much effort.
Money is a currency of people, and to understand how money works, you need to learn how people work. Money is merely a man made concept of exchanging value in a tangible way. Economies are simply based upon how people assign value to things around them.
One of the most valuable things to humans is their time. People assign value to their time, and therefore are willing to trade it for money.
So if you sit there thinking to simply trade in your time so you can get money, think again.