Money
Introduction
Whatever your economic or social status, race, background or religious affiliation, you cannot escape the effect money has on your life. Money is important and impacts your life on many levels.

"Making money is a hobby that will complement any other hobbies you have, beautifully"- Scott

"Money," wrote Ayn Rand, cult author and controversial propounder of objectivist philosophy, "is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value."

Like it or not, most often success is judged in terms of a person's bank balance. In a consumer-driven economy, a penchant for selling—ideas, concepts or products—goes a long way in earning money, as well as in being materially successful. "If you don't want to sell what you produce," asks Lester, "why would you produce it?"

For every individual, money will only be as important as the desire for the things that money can buy. Consequently, studies confirm that money holds a far higher degree of importance to those who have it. This theory is based on the assumption that an individual who has never experienced the luxuries that come with wealth may wonder what it might be like to have them, but cannot actually "miss" what they have never known. However, those who have grown accustomed to having these luxuries will go to great lengths to keep them.

Statistics

World Income Statistics

Your position is – (2006)

$ 2200 per adult for being in first 50 % of the world

$ 61000 for being richest 10 %

$ 500000 in top 1 %

Global assets distribution 2000

1 % owned 40 % of global assets

2% owned 51%

5% owned 71%

10% owned 85%

50% owned more than 99%

No’s of People -2006

> 1 billion

499

> 100 millions

15010

> 10 millions

451809

> 1 million

13568229

Money as goal
Certainly one of your goals is to achieve financial freedom. That means having sufficient income from investments that you no longer need to work to pay for my desired lifestyle. I prefer three major indicators

Assets

This indicate your overall valuation at current market value and what exactly you want to achive in your life.

Rate of Growth

What kind of rate of growth needed to achieve your life's vision. That should take inflationary growth in view.

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