B25 wrote:Milti, compare like for like, you have 30+years on this fella to have made your money. Asking him in 30 years what he has then compare!!!
Also, Paphiti, meteorologists 'Predict' the weather, they don't prove or disprove it, that's the best anyone can do with the data supplied. of course they can get it wrong, things change hourly.
If these people can predict the British GDP in 15 years time, then they should head over to wall Street because its obvious to me that such talent would make them rich.
For all these economists know, the globe could go into deep recession in 15 years time or total depression. No friggin economist was ever clever enough to predict the Great Depression, yet they are predicting the British GDP in 15 years time.
Pigs Arse!
As to my finances, I have been fortunate enough to inherit a lot of generational wealth in Australia. My Dad came to Australia in 1955. He achieved quite a fair bit and that gave me a very big leg up in life. And I went on from there.
I was never in a spot to start from nothing or from square one. I have made a lot of money in my own right but when you start with money already in the Bank and on the balance Sheet, using that money to make money is fairly easy compared to starting over.
So I probably got 30 years on Milti.