11 Reasons Why You’ll Never be Rich: poverty is not skin deep

never be rich One of the most asked questions on Quora is how to become rich. Which is fair enough if we keep thing in perspective: it is highly likely that the people who ask it will never be rich.

Let’s face it: poverty is very persistent. For instance, Britain and the US are two of the wealthiest countries in the world. Still, at this very moment 23% of the population of Britain and a similar proportion of the population of California live in relative poverty.

No, I don’t wish to get into the ins and outs of the measures of poverty or arguments that poverty is relative: of course it is. I don’t wish to discuss the possibilities for people who live below the poverty line to have satisfactory lives. What I’d like you to note is that a considerable proportion of the population in two wealthy countries still live in poverty.

Governments talk about ‘war on poverty’ but so far policies have failed. Bloggers, and others in the personal finance industry, make a living by teaching people, well or not so well, how to be rich. People dream about leaving poverty behind and becoming rich.

Still poverty persists.

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How to Invest money for Your Retirement

retirement-2016 Time catches up with all of us eventually. You may currently hate the 9-5 trudge of midweek work, and the end may not feel in sight, but trust us: it will come round sooner than you think. As a result, you need to start saving now. Otherwise, how else will you afford those obligatory retirement rounds of golf? In this post, we take a look at how to invest your money for your retirement.

What Types of investment are Available?

Investors usually invest their money in one of three main ‘asset classes’. These are:

  • Stocks
  • Bonds
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