Comment on something from Ch. 1 and also Ch. 2 that would be helpful and/or interesting to you. Your opinion, a summary or a question about something that you read from p. 1-17, post your question here and we will try to get it answered.
Then comment on at least 1 other person's post.
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I think that you would have to be working pretty hard right now if you were going to save $2,000 and still buy somethings that you need. Its hard to save money now.
ReplyDeleteI thought that the thing about the native americans and how they sold Manhattan for low price but now they money they got would be 75 billion
ReplyDeleteThe fact that the money grew from 2000 to over a million really blew my mind!!!!
ReplyDeleteI thought it was interesting that most wealthy people aren't noticeably wealthy. They are just "average Joes". They are the ones who worked hard and saved their money. They don't just spend their money, they save it wisely.
ReplyDeleteI agree with Jacob. Most families would have a hard time saving that much money with everything that people need.
ReplyDeleteI thought it was interesting how Will Rogers said that if you want to be rich, put all your money in stocks. Then when they go up, sell them; if they don't go up-don't buy them.
ReplyDeleteCassie
Today there are 5 million U.S. households with a million dollar net worth, which is less than 5% of all households. That number is expected to quadruple in 10 years to 20 million households.
ReplyDeleteKeisha Maneman
You need to have 3-5 million dollars to feel rich.
ReplyDeleteI agree with jacob it would be hard for us to save $2,000 right now. I agree with the comment made on page 13 that there's no substitute in life for hard work.
ReplyDeleteI agree with Nate. I thought that was interesting that the Native Americans sold Manhattan for $24, but if they invested it they could've had $75 billion.
ReplyDeleteWhat Keisha said is pretty interesting. It is big news when a house around here sells for a million but I guess it will stop being news soon.
ReplyDeleteI agree with Jacob it is very hard to save money now with all the things we need.
ReplyDeleteI agree with that Jacob kid. It is very difficult to save money this day in age.
ReplyDeleteIf you save up money you can end up getting a lot more that you put in, if you don't spend and keep it in there for a long time.
ReplyDeleteI agree with cole that statistic is mind blowing
ReplyDeleteChapter 1: A 15 year old could be millionaire at the age of 55 by saving $2,000 per year for 10 years
ReplyDeleteChapter 2: Don't judge a book my its cover. Most of the wealthy people are average Joes. They do not flaunt their money they use it to enhance their lives.
Felicia Winkel
I agree with Jill not all people need to flaunt their money to be wealthy or rich.
ReplyDeleteI thought it was surprising how much that 2,000 dollars grew and how in todays world you probably wouldn't be able to do that because of all the prices of every thing rising like gas
ReplyDeleteIf you put all your money into stocks it could be a total waste. I don't agree with this statement at all.
ReplyDelete