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  1. Join Date
    Mar 2008
    Posts
    54,277
    #26511
    Quote Originally Posted by uls View Post
    the rich live in a parallel world where they have their own social network. They refer each other to the best financial advisors and physicians and problem solvers

    They're in a figurative private club where they connect each other to the best people to solve specific problems

    Kaya pag rich kid ka even if you're lazy and not very bright your rich and well connected parents will make sure you don't end up homeless and in the gutter... Far from that
    and guess where the clubhouse is... where they meet potential members...
    the university!
    some kids of captains of industry are sent to study there, partly because of the exposure to potential classmates-to-be-co-captains of industry in the future.

  2. Join Date
    Aug 2003
    Posts
    9,720
    #26512
    Quote Originally Posted by dr. d View Post
    and guess where the clubhouse is... where they meet potential members...
    the university!
    some kids of captains of industry are sent to study there, partly because of the exposure to potential classmates-to-be-co-captains of industry in the future.

    +1. A big reason why the kids are sent there is to start networking at a very early age.

    Hard to knock the marrying rich strategy, but it's not without its costs. Daming mayaman na nag aaway away dahil sa pera. i don't know that money necessarily corrupts, but you gotta admit there's a strong tendency for that.

    On the other hand one of my best friends is well-off, but they manage to keep order. Maganda ang pagpalaki ng magulang.

    Wealth can be a curse. Mabuti na lang mahirap mga parents ko, hindi kami binigyan ng ganyang problema :D

  3. Join Date
    Mar 2008
    Posts
    54,277
    #26513
    Quote Originally Posted by badkuk View Post

    Wealth can be a curse. Mabuti na lang mahirap mga parents ko, hindi kami binigyan ng ganyang problema :D
    being wealthy is just replacing the problems of the un-wealthy, with the problems of the wealthy.
    the stress factor is the same.
    but i wouldn't mind... wealth.
    "...if i were a rich man... i would dee buh dee buh..dah bah dubah... the most important men in town would come and listen to my solicited advice, even as it is just a shovelful of horse manure..."

    a famous celebrity once said, "i have been poor, and i have been rich. i prefer rich."

    heh heh.
    Last edited by dr. d; July 28th, 2019 at 10:31 AM.

  4. Join Date
    Apr 2014
    Posts
    5,246
    #26514
    Quote Originally Posted by dr. d View Post
    being wealthy is just replacing the problems of the un-wealthy, with the problems of the wealthy.
    the stress factor is the same.
    Yep. The big pressure of maintaining the wealth.




    Sent from my BLL-L22 using Tapatalk

  5. Join Date
    Mar 2008
    Posts
    54,277
    #26515
    Quote Originally Posted by chronicle View Post
    Yep. The big pressure of maintaining the wealth.




    Sent from my BLL-L22 using Tapatalk
    spot on, sir! spot on.

  6. Join Date
    Nov 2005
    Posts
    45,927
    #26516
    Aside from university, rich people find themselves in the same network just coz they're rich in the first place even if they have different backgrounds

    Filipino billionaires and HK billionaires and Malaysian billionaires and Indonesian billionaires and Singaporean billionaires know each other and mingle with each other more than they do with regular people in their own countries

    It's like in Star Trek where civilizations that develop warp drive technology get noticed by other advanced civilizations

    That's when you're worthy to mingle with them

    They don't mingle with primitive civilizations

    Ganyan din sa mundo ng mga mayaman

  7. Join Date
    Mar 2013
    Posts
    6,160
    #26517
    Quote Originally Posted by jut703 View Post
    Just came from a Pisay high school reunion, and had the realization that the best way to get rich is to start off rich.

    These batchmates of mine are all brilliant people, but honestly my batchmates from college are better off career-wise than most of them.

    After all, if you don't need to worry about your parents' retirement or your siblings' education, if you get your first car, capital for your first business, and possibly even your first property as a gift, if mommy and daddy have friends in high places that can introduce you to the right network - then you're off to a better start than people who just have grit and brains to work with.

    Sent from my SM-G950F using Tapatalk
    Yep. The rich just get richer and gobble up all the good ideas, distribution contracts, prime real estate, contracts, deals, franchises, territories, etc etc.

    And then they hire us pleebs to make them even richer.

    But i cant complain. My life is so much better than i ever thought it would be at this point.






    Sent from my LYA-L29 using Tapatalk

  8. Join Date
    Nov 2009
    Posts
    12,363
    #26518
    Quote Originally Posted by jut703 View Post
    Just came from a Pisay high school reunion, and had the realization that the best way to get rich is to start off rich.

    These batchmates of mine are all brilliant people, but honestly my batchmates from college are better off career-wise than most of them.

    After all, if you don't need to worry about your parents' retirement or your siblings' education, if you get your first car, capital for your first business, and possibly even your first property as a gift, if mommy and daddy have friends in high places that can introduce you to the right network - then you're off to a better start than people who just have grit and brains to work with.

    Sent from my SM-G950F using Tapatalk
    Nothing beats that bro, blessed talaga afford to make number of mistakes nothing to worry.

    BTT

    Officemate ko naman, 25 years na siya sa office.

    3 kids studying sa mga exclusive schools (LSGH, ADMU and Assumption) huge chunk of finances doon napupunta.

    Before they can sustain it, but now due to unforeseen circumstances sa office may mga nawala na benefits kaya tinamaan talaga sila (both of them officemates ko)

    Nag resign because he got approved for Canadian student visa.

    So ginawa niyang strategy /entry point is mag student muna, then while studying mag part time job.

    Wife and kids already got multiple entry (tourist)

    He is hopeful makahanap din work wife niya and maconvert to working visa. From there kunin na din nila kids nila and maging immigrant. So words niya possible naman daw yun na mangyari lahat.

    Super long shot kako and ang laki din gastos / investment to do that, if they succeed then good for them.

    For him wala na other choice kaya he opted to take that route.

    Just thinking how many years bago mabawi and eventually maging stable sila doon.

    Still I wish them well, sana good choice ginawa niya.


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  9. Join Date
    Mar 2014
    Posts
    5,975
    #26519
    I had a College buddy. The father is a postal worker & the mom is a housewife & sells on the side. They lived in a rundown house in a rundown part of Caloocan. The thing is, he is very bright & very very sociable, easy & fun to be with. After school, he worked in sales of a small drug company & was pirated by another local drug distributor. He did so well there that eventually, he became the GM, travels all over the world to meet pharma producers. Given SUVs every 5 years. He now lives in La Vista & has a home in NZ since his kids studied & now works there. It’s a combination of luck, being at the right place at the right time, good decision & great EQ:IQ ratio.
    Another friend who works for AMKOR Phl was so good, he was a regional sales head in SEA & goes around SEA 3-4 days of the week. Promoted to Sales head in Asia. After a year, asked to head an office in the US. He goes back to the Phl every weekend then back to US Monday. After a few months, he got tired of it & asked the office if he can just bring his family along. Pumayag naman, so till now, they are in the US.
    These guys are normal guys who made their money through hard work, but not by hard work alone. They had the smarts & luck to go with it.


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  10. Join Date
    Jan 2015
    Posts
    12,373
    #26520
    Quote Originally Posted by bloowolf View Post
    I had a College buddy. The father is a postal worker & the mom is a housewife & sells on the side. They lived in a rundown house in a rundown part of Caloocan. The thing is, he is very bright & very very sociable, easy & fun to be with. After school, he worked in sales of a small drug company & was pirated by another local drug distributor. He did so well there that eventually, he became the GM, travels all over the world to meet pharma producers. Given SUVs every 5 years. He now lives in La Vista & has a home in NZ since his kids studied & now works there. It’s a combination of luck, being at the right place at the right time, good decision & great EQ:IQ ratio.
    Another friend who works for AMKOR Phl was so good, he was a regional sales head in SEA & goes around SEA 3-4 days of the week. Promoted to Sales head in Asia. After a year, asked to head an office in the US. He goes back to the Phl every weekend then back to US Monday. After a few months, he got tired of it & asked the office if he can just bring his family along. Pumayag naman, so till now, they are in the US.
    These guys are normal guys who made their money through hard work, but not by hard work alone. They had the smarts & luck to go with it.


    Sent from my iPad using Tapatalk
    ...& no mention of The Guy Upstairs in these fairy tales?[emoji3516][emoji120][emoji4]

    Sent from my SM-G970F using Tapatalk

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