Friday, May 25, 2007

Rich Gets Richer... Again?!

PETALING JAYA: Malaysia's 40 richest people are worth US$43bil, with the top 10 owning 80% of their total net worth.

In a press release, Forbes Asia said the collective net worth of the top 40 richest Malaysians has gone up 65% from US$26bil.

Read More Here

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Hmm... looks like I like to read from The Star Online and then comment it here in my blog... How silly can that be? I dont think so...

So, let's leave the "Freedom of Blogging" topic apart and talk about rich people, getting richer... again.

Why can the rich gets richer? Is it because their money grow faster? Or their income is larger?
How can a poor gets poorer? IS it because their money doesn't grow? Or their income is ... tiny?

I am not sure. What I am sure is, a poor can become rich if the poor knows how to make his/her money grow. I read almost all of Mr. Kiyosaki's books. He said, "To see if one is rich, we must look at his/her savings, not how much he/she is getting."

One can have a very large income but if he/she spends a lot, it is still the same as one that has a tiny income but spend less. What is used to determine one's wealth, is his/her savings at the end of the day (or rather, end of the month / year).

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