I hope they don't become one of those who complain about life everyday.
If people study so hard to have a future so that they can make money and lead a comfortable life, then why is it so difficult to convince them to learn how to invest so that they can make money and lead a comfortable life?
Why is there so much resistance to picking up a new skill of how to analyse companies and financials, but they don’t mind putting in so much effort to study for exams so that they can graduate?
If you study hard to get a job next time, and that is your only source of income for the rest of your life, the net worth or total income of your life is basically set already. Every year’s annual salary added up till the day you retire or die will be the maximum amount you would have been worth or would have earned. In other words, your total income is limited, and is only as good as number of years you live x average annual salary.
On the other hand, you can learn to invest and your total income/net worth is virtually unlimited, or much much higher than how much a job can ever pay you.
Investments are risky? But then if the economy downturns, the risk of losing your job increases. If you really lose your job in a retrenchment exercise, you are left with no income. With stocks, at least you will still get dividends even though there is a temporary fall in portfolio value (paper loss).
You don’t need to earn that much money to lead a happy life? Well, then why don’t you quit your job then? You still need to feed yourself and your family right? Then why don’t do it in a way that you can have limitless potential for income and wealth, being able to feed yourself and your family, and at the same time have all the time in the world to do whatever you enjoy with the passive income? If you’re afraid of “having too much money”, you can always elect to give it away.
Capitalism makes working for people the WORST option there is to leading a fulfilling (happy) and abundant (wealthy) lifestyle. Why work for people and build somebody else’s dream when you can build your own? If you run your own business, you are building your own dream. If you work for somebody, you are building someone else’s dream. But since most of us cannot think of a good business idea even if we had the capital to start one, why not use the capital to buy a portion of a good business, a slice of somebody else’s hard work and dreams? That way, you reap the benefits of a good idea even though you did not have to come up with the idea, go through the trouble of taking the initial risks, put in the time and effort to make it successful, or go to work everyday to keep the business sustainable. You can go about your life doing the things you like to do and not have to worry about getting fired, because now you ARE the boss and someone else is building your dreams.