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Therefore rather positive line of pension plans of category DC was that they have tried to help to pass enormous riches of America and the world in hands of workers. And in the theory pension plans of category DC should work, because on light it is so much riches that each person can manage a small slice of a sweet pie. Eventually, riches of the world are almost inexhaustible.But, of course, it only great idea which is remarkable only in the theory. The reality is that that 90 percent of riches own only 10 about-I* cents of people. Why so occurs, I will explain in the following chapter, the head about the biggest error which will lead to the biggest share crash in the history and which forces riches of the world to remain in hands of only 10 percent of people.
Good news consists that if you will understand this error and will manage to avoid it your chances to join 10 percent supervising 90 percent of riches, will sharply raise.
Chapter 6
IF YOU INVEST, IT DOES NOT MEAN YET THAT YOU THE INVESTOR
The rich daddy considered as the biggest error of pension reform that it forced to invest those who was not investors. From the point of view of the rich daddy, the assumption that law change suddenly, in a flash will transform people into experts under investments, was a defect of huge scale. He spoke: itAs it is possible to take the person to whom on a sort is written to be the hard worker, and suddenly to make of it the ready investor on risk? The person searching for safety is not the same that the risking investorit. According to the rich daddy, this assumption was the biggest error and sooner or later becomes the reason of the biggest share crash in the history.
it it those who works on hiring. With it those who works on itself or owns small business.
- those who owns large business. And it investors.
There are four ways to earn money and, accordingly, four categories of people. It different representations about money and financial safety are peculiar to everyone.
Speaking easier, law ERISA and the subsequent amendments to it demand the following.
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