Practicality!
Quote:
Originally Posted by brclarke
LOL - yes, because the HUBB clearly suffers from a lack of practical information...
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What is practical about nagging and complaining, as characterized by many of the posts here?
You want practical, here is practical.
There are basically 3 ways to earn money. And I assume by practical it is meant here as stated in the title of this thread!
1. Buy products and sell them for more than you paid for them. The difference once overhead has been deducted is your profit or money earned.
2. Provide a needed and wanted service that people are willing to pay for.
3. Manipulate the currency - sometimes called investing. This is the bailiwick of Wall Street. Purchase "shares" or into some financial instrument that returns to you more money than you have "invested." Also, one can buy and sell currencies - as witnessed on many street corners of some major foreign cities. Buy X currency with Y currency and then sell the X currency for more - calculating the split between value of X and Y currency as related to the US dollar.
Now, we all have met the "trustafarians" the Trust Babies living off funds earned previously by "others" who have contributed funds for their care and feeding. I don't hold much stock in these folks - most have no clue what it means to earn a dollar or to earn admiration and respect. These abilities come with the struggle and the winning.
And of course there are the criminals who believe in getting something for nothing in return. This is a good definition of criminality - getting something with no exchange. Some trustafarians are by definition criminals, I have met them, they are criminal in their attitude - believing the world owes them a living.
So there you have it the 3 major ways to earn money and the defined examples of trustafarians and criminals.
Practical enough?
xfiltrate
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