The Path to Financial Freedom: Discussing the Secrets of Corporatocracy, Stock Markets, and Wise Investments
Do you know that in our world, presidents will come and go, and for those who are expecting the government to save them, they will continue to wait for long, because the time needed for any president of a country to save a country is short. When I mean short, I mean something of about 3 to 4 years where most of them spend the remaining 1 year of their term in government seeking re-election.
Lots of countries suffer from corporatocracy, and the United States isn't left out at all. In fact, they lead at this. You will be surprised that while the budget of so many first world countries do not reach 10 trillion dollars, there are a few corporations that handle far more than that. For instance Black Rock, Vanguard, and so many other corporations control over 11 trillion dollars each, which is far beyond the GDP of numerous countries combined, and there was a time that BlackRock was asked to save the United State Government.
Do you know that the stock market holds lots of secret, but then let me explain to you that 10% of the market own about 90% of the market share while the remaining 90% of people deal with the 10% of shares remaining. You might doubt what I say, but people like Ray Daleo, and Warren Buffett learned the game of stock market very early in their lives and decided to play the game and they became one of the wealthiest people in the world. If you think this corporations aren't large enough, then maybe knowing that BlackRock was asked at a time to save the US economy at one point in time.
Our parents weren't good with money, and they will always make the statement "do you think money grow on trees" when they cannot afford what they want to buy or what you request. While money doesn't go on tree, there are people who are actually printing the money you think doesn't grow on trees.
I have learnt that there are two ways to make money, one being to trade time for money, while the other being trade money for money. There is no bad way of making money between the two but there is a problem; with time base way of making money, there is a limited time for anyone to make money and most people cannot go above 16 hours of work time, so the other is needed in other to make money and that is to make your money work for you.
You see, when you want your money to work for you, you can do it in so many ways which includes, buying a business and allowing people work for you (but then, this is one way that requires lots of time, energy and money, and might still be a failure at the end), but then an alternative way is to buy a fraction of a business that is already doing well, thereby saving yourself the stress of losing at the end. While you might not make much money like if you started the business, you are going to be saving yourself from lots of risks.
In other to buy these companies, you need to go to their market which is known as the stock market. In the stock market, companies have shared their ownership into fractions for people who want to buy. While some spend on the latest gadgets and fashion, others are investing in partial ownership of companies to build wealth. If financial freedom is the goal, it's time to shift from spending to investing.