Don_DickleHow come most celebs/influencers go broke with in a short amount of time earning a couple million? Why not invest in local stores or offer money for a percentage of said store why not perpetualy money
OriginEnergySuxNot everyone is smart. Not everyone has the same capabilities as everyone else. Not everyone’s situation is the same. Could be a bunch of reasons aye mate.
One of the big 4 banks here asked our group a question in a job interview once: what would you do with $1 million? Most answers were “id give half to charity and half to my family” or “id give it all to charity”. The only people that were hired (a small few) were the ones that talked about how they would invest it to setup a passive income.
Maybe that helps paint the answer, i dunno, but that really stood out to me when I was younger.