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Ask HN: If you're so smart how come you're not rich?

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71–80 of 89 posts

Re: Ask HN: If you're so smart how come you're not rich?

#71
Well the game is rigged. If you're so smart why are you in prison. You have to get crazy because yeah they're dumber but they are playing a different game. You forget you are smarter than idk 70, 80, 90, 95% of people. Once I started thinking that way things started making more sense and I stopped caring what people think while I'm on my path. Take some risks. Who cares what they think. You won't get there playing by their rules. The purpose of their rules is to turn you into a tool.

Re: Ask HN: If you're so smart how come you're not rich?

#72
post #29
post #25

Earlier quoted context omitted.

Why do so many people view "retirement" as sitting on your ass doing nothing? It is a weird cultural stereotype, perhaps perpetuated to glorify work culture. This is probably why the term "financial independence" was coined, to break away from this misconception. Retirement/financial independence is not needing the paycheck anymore. It's owning all of your time to use how you want. There are plenty of "retired" peopl…

Yes, "sitting on your ass" was not the best way to describe what I wanted to say. I don't want to use all my time to do only what I want, I also want to make something valuable for other people.

Why can't doing what you want also be valuable to other people? There are plenty of people who given financial freedom would want to start a business and even work harder on it than they did at their 9-5 job.

Re: Ask HN: If you're so smart how come you're not rich?

#78
No, because smart does not equate to rich[1].

I could be rich. I know what is required, but I actively choose not to put in that work and make those sacrifices.

Why not? Because I'm choosing other things like family and peace of mind. I reckon if I could keep those, I'd move forward.

Regarding your fear and insecurity: you're going to die sooner rather than later. You have virtually nothing to lose and a lot to regret.

1. In reality I make low six figures and am privileged to be "richer" than I ever thought I'd be.

Re: Ask HN: If you're so smart how come you're not rich?

#80

I'm a minority so the only clear answer here is systemic racism.

Are you sure its the only clear answer? There is nothing else that can explain this?

I graduated college despite historical oppression and system racism. My access to capital is due to the color of my skin.
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