FrankGoi and Yabby

I'm a product of a Catholic school education. I send my children to a Catholic school.

His problem is not associated with Catholic schools. It's what I see with a lot of posters on the net. Just plain aggression and not much substance.

frankgol wrote,"What do you reckon are their chances of getting to private schools?" My comment on that was tongue in cheek sarcasm hence the smiley face. Sarcasm - an ironic utterance - for the stunned blamers who cant read, o.k. liz and yabby.

As for the study, it was done some time in the late seventies and highlighted some of the days top millionaires and how they got started. Surprisingly many(let me put a disclaimer in here for liz and yabby; many does not mean all or the majority, I could have easily said, quite a few, or many more than expected) had only year 8 or equivalent. Ross Perot was one of them. The most interesting part was their personal recollections of the journey to becoming top earners. None claimed social victim but relished the challenges and did not suffer fear of failure. Guys like Walton of Wal-Mart talked of failing 70 times out of a hundred.

Lottsa folks out there with way more education than many a millionaire and they're not rich by any standard. Education is no guarantee of wealth.

It is the sign of a weak mind to be unable to bear wealth.
Seneca

Though I am grateful for the blessings of wealth, it hasn't changed who I am. My feet are still on the ground. I'm just wearing better shoes.
Oprah Winfrey

If you would be wealthy, think of saving as well as getting.
Benjamin Franklin

Many a rich man or woman have come from humble beginnings. They were the ones to whom you gave the dollar in the morning and by noon ten years on they still had it.

I must admit, I'm surprised that you leftoids don't believe humble folk can ever achieve by their own resources. Who says the nanny state hasn't had a impact on social thinking?

FrankGol: Well, I don't know. Tell me how someone growing up in grinding poverty in Vietnam (or any other third world country) comes to this country with nothing, not even a basic grasp of the English language, and moves into the middle or upper middle class within his lifetime, and sees his children become doctors and lawyers. Then tell me why people who don't have to overcome that massive cultural and linguistic hurdle can't (or won't) do the same for generation after generation. You are making excuses.

aqvarivs: If you haven't already, you might want to read the book, "The Millionaire Next Door" by Thomas Stanley and William Danko.

http://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1567315682/ref=pd_bbs_sr_1/104-8614351-6836735?ie=UTF8&s=books&qid=1177425997&sr=8-1

The authors spent twenty years interviewing the financially independent to find out their attitudes and behaviours (and here's a hint: they don't buy new Porches every couple of years). It's an absolutely fascinating read.

"for the stunned blamers who cant read, o.k. liz and yabby."

Seems you who can't read Aqva :) I remind you that I never
said a word about your postings on this thread, simply
pointed out your history. Like umm on the magically
disappearing abortion thread.

Shorbe, thanks for the link. I've visited Amazon.com to read the reviews. Most were very helpful. So many people spend the entirety of their lives watching the grass grow on the other side of the fence that wealth has become associated with materialism. Little realizing that the folks next door with the new high end sports job and the five bedroom house with all the latest gadgetry are just as likely to be debt ridden and a paycheck away from being homeless than actually wealthy.
The hard lessons of self-discipline and frugality, the not living above ones means but, rather below that means in order to save are not lessons one learns in school. To the contrary, any type of discipline seems out the window thanks to the socialization of the victim mentality. We need to acknowledge that it is an individual goal to become wealthy and not a right of the less motivated to take from those who have done the hard work and made the lifestyle choices to have a successful bank balance, rather than filling their yard and homes with trinkets. As one reviewer, a financial adviser stated, “the real key to making money is aggressive and successful debt management”. He also offered, Rich Dad Poor Dad by Richard Kiyosaki was well worth the read for those that enjoyed The millionaire next Door.

Here are a couple of links to understanding poverty in Australia and how the Government qualify poverty.


http://www.aph.gov.au/library/pubs/RN/2004-05/05rn49.htm

http://www.aph.gov.au/library/intguide/SP/poverty.htm

http://www.ibge.gov.br/poverty/pdf/australia1.pdf

Cheers

"I don't get your behaviour - Attack a poster for outlandish comments that they DIDN'T make. Then pat yourself on the back for taking posters to task for the ridiculous comments that YOU made."

Posted by Yabby, Tuesday, 24 April 2007 9:10:18 PM

Seems you who can't read Aqva :) I remind you that I never
said a word about your postings on this thread, simply
pointed out your history.

Posted by Yabby, Wednesday, 25 April 2007 3:16:48 PM

Puts the lie to your phony claim of innocents eh yabby. It doesn't matter who said it first if you pick it up and run with it, it becomes your statement. If you thought for yourself and weren't directed by the knee-jerk artist emoting all over this web site you would probably have some credibility. But to be found nothing more than a liar. How terribly sad. Such a petty little simpleton you've become.