Hi Kay Henry,
Want to step out on a limb and tell us what percentage do you think would care and wouldn’t? BTW did you follow your parents lead or did you rebel?
I’ve been thinking about that book ‘The Millionaire Mind’. If what he writes is correct, then how many investors on this forum are thinking about creating wealth for their children and their grand children? Is all your hard work and effort going to be for nothing or are your children and grand children going to be different?
C2
“Is it true the more you owe the more you grow until the bank steps in?”C2 [
]I don’t know what percentage might care about pensioners. To me, it seems an extraordinary thing to think people would think of their own wealth if it is at the expense of others- I just don’t see that as necessary.
I once wondered how many people would hand back a wallet with money in it (and ID). It could even be a great deal of money- the amount doesn’t really matter, because even a great deal of money could be from a fairly poor person- perhaps some cash as deposit for a house? Anyway, I asked around a bit… how many out of 10 would return the wallet. The answers I got were interesting: those who said “not many- about 2/10” were also ambiguous as to whether they themselves would hand back the wallet. I remember one colleague of mine told me how he and his wife “got lucky” once when they found a wallet with 500 bucks in it (and ID) and they kept it. Me and a few other colleagues found it hard to respect him after that and I always remembered that about him- it made me distrust him as a person.
A question might be this: If you lost your wallet, who do you want to find it? The one who keeps the money, or the one who hands it back intact?
I think RE is a similar proposition- if you were vulnerable – for any reason- would you want to be approached by someone who would respect that and deal with you fairly, or with someone who would think only of their own future wealth, and not of your likelihood of suffering further due to the transaction?
I am sure there would be some people who would know the pensioner was undervaluing his property and would give him a fair price. It’s not that hard to believe, is it?
If people think this is me “dreaming” or “not living in the real world”… I create my own world. Idealistic? Yes. Real? Yes.
kay henry
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