i was in an arguement with some people as regards the way some of our footballers spend money on flashy cars and women,a boy made the declaration that poor are the ones always criticising the decisions of the rich,the rich don't criticise their decisions,he said the poor should have been rich since their advice is so valuable,he later said the poor has no business advising the rich on money matters.i know nairalanders have the best brains on earth,i need your opinions,is been rich a sign of good brain and is the poor in a position to advice the rich on financial matters?

Capital letter YES!

Being wealthy is associated to intelligence, don't get me wrong I never said RICH I mean WEALTHY.

Shaq is filthy rich but the guy who pays him is wealthy.

John Terry is extremely rich, Abramovic is wealthy.

Lastly, Hollande is excessively rich that he builds and donates to charity in the city of Omaha and Warren Buffet (The oracle of Omaha is wealthy) the only person in history that has ever given the largest of his fortune to charity.

Now let me explain.

First from the op's perspective.

No! it doesn't take intelligence to be RICH, you could be rich by hereditary, hook or crook, professionalism on the job, somebody might even set you up in life, politician, pastors, athletes, Artistes etc

This doesn't connote intelligence, it only means you just happen to be in position of handling that job at that point in time or being paid for job done prior to contract signed.

Now to perspective two.

YES YES YES, wealthy connotes intelligence, smart, brilliance and creativity.

Now why is that?

When you wealthy, you build from the ground up and make other people rich just off your ideas and inventions. My greatest God of business of all time is Warren Buffet (the oracle of Omaha), He not only builts from the ground up, he takes over your company over night using stock. One other person who did that to get "Apple company" was the late steve Jobs......Abeg clap for these smart,intelligent weathy guys, it's not easy, it takes lots of thinking and beating all odds.

Now who rules the world?

Corporations CEOs, who are corporation CEOs? All wealthy individuals on the planet whom their company transcends borders and territories.

Cooporation CEO ~> Government ~> Policies & law~> consequences if you break the law.

Why does Government listen to cooporation CEOs? Because Corporations pays 100 times the tax you pay and without tax and trade revenues, Buhari, Obama, Puttin etc are nothing but empty vessels.

To own a Corporation, you gotta be twice smart than the average and I stand to be corrected on this, Have never seen a billionaire who stumble on his billionaire status by just salary. You gotta be wealthy to be acheive that. And how do you become wealthy, Think like my business God (Warren Buffet).

A wealthy person is simply a risk taker d person dt can risk losing is a potential wealthy person

aaronson:
Capital letter YES!

Being wealthy is associated to intelligence, don't get me wrong I never said RICH I mean WEALTHY.

Shaq is filthy rich but the guy who pays him is wealthy.

John Terry is extremely rich, Abramovic is wealthy.

Lastly, Hollande is excessively rich that he builds and donates to charity in the city of Omaha and Warren Buffet (The oracle of Omaha is wealthy) the only person in history that has ever given the largest of his fortune to charity.

Now let me explain.

First from the op's perspective.

No! it doesn't take intelligence to be RICH, you could be rich by hereditary, hook or crook, professionalism on the job, somebody might even set you up in life, politician, pastors, athletes, Artistes etc

This doesn't connote intelligence, it only means you just happen to be in position of handling that job at that point in time or being paid for job done prior to contract signed.

Now to perspective two.

YES YES YES, wealthy connotes intelligence, smart, brilliance and creativity.

Now why is that?

When you wealthy, you build from the ground up and make other people rich just off your ideas and inventions. My greatest God of business of all time is Warren Buffet (the oracle of Omaha), He not only builts from the ground up, he takes over your company over night using stock. One other person who did that to get "Apple company" was the late steve Jobs......Abeg clap for these smart,intelligent weathy guys, it's not easy, it takes lots of thinking and beating all odds.

Now who rules the world?

Corporations CEOs, who are corporation CEOs? All wealthy individuals on the planet whom their company transcends borders and territories.

Cooporation CEO ~> Government ~> Policies & law~> consequences if you break the law.

Why does Government listen to cooporation CEOs? Because Corporations pays 100 times the tax you pay and without tax and trade revenues, Buhari, Obama, Puttin etc are nothing but empty vessels.

To own a Corporation, you gotta be twice smart than the average and I stand to be corrected on this, Have never seen a billionaire who stumble on his billionaire status by just salary. You gotta be wealthy to be acheive that. And how do you become wealthy, Think like my business God (Warren Buffet).

this post make me glad,but do you think a pauper's in a position to give investment advice?

aaronson:
Capital letter YES!

Being wealthy is associated to intelligence, don't get me wrong I never said RICH I mean WEALTHY.

Shaq is filthy rich but the guy who pays him is wealthy.

John Terry is extremely rich, Abramovic is wealthy.

Lastly, Hollande is excessively rich that he builds and donates to charity in the city of Omaha and Warren Buffet (The oracle of Omaha is wealthy) the only person in history that has ever given the largest of his fortune to charity.

Now let me explain.

First from the op's perspective.

No! it doesn't take intelligence to be RICH, you could be rich by hereditary, hook or crook, professionalism on the job, somebody might even set you up in life, politician, pastors, athletes, Artistes etc

This doesn't connote intelligence, it only means you just happen to be in position of handling that job at that point in time or being paid for job done prior to contract signed.

Now to perspective two.

YES YES YES, wealthy connotes intelligence, smart, brilliance and creativity.

Now why is that?

When you wealthy, you build from the ground up and make other people rich just off your ideas and inventions. My greatest God of business of all time is Warren Buffet (the oracle of Omaha), He not only builts from the ground up, he takes over your company over night using stock. One other person who did that to get "Apple company" was the late steve Jobs......Abeg clap for these smart,intelligent weathy guys, it's not easy, it takes lots of thinking and beating all odds.

Now who rules the world?

Corporations CEOs, who are corporation CEOs? All wealthy individuals on the planet whom their company transcends borders and territories.

Cooporation CEO ~> Government ~> Policies & law~> consequences if you break the law.

Why does Government listen to cooporation CEOs? Because Corporations pays 100 times the tax you pay and without tax and trade revenues, Buhari, Obama, Puttin etc are nothing but empty vessels.

To own a Corporation, you gotta be twice smart than the average and I stand to be corrected on this, Have never seen a billionaire who stumble on his billionaire status by just salary. You gotta be wealthy to be acheive that. And how do you become wealthy, Think like my business God (Warren Buffet).

your post motivate me.is a pauper in a position to give financial advice?

ogawisdom:
A wealthy person is simply a risk taker d person dt can risk losing is a potential wealthy person

ogawisdom:
A wealthy person is simply a risk taker d person dt can risk losing is a potential wealthy person

Wealth = financial vehicle x financial intelligence x effort

SkyRider1:
Wealth = financial vehicle x financial intelligence x effort

great defination!!