Land Issues—Pt 2;Land is power


 

 

 

Wealth is a person’s net worth. It is expressed this way:

(1) wealth = assets − liabilities

Most people not educated in the language of money often confuse “wealth” with “income”. These two terms describe different but related things. Wealth consists of those items of economic value that an individual owns, while income is an inflow of items of economic value. The relation between wealth, income, and expenses is:

change of wealth = income − expense

The distribution of income is substantially different from the distribution of wealth. According to the International Association for Research in Income and Wealth, “the world distribution of wealth is much more unequal than that of income.”

If an individual has a large income but also large expenses, their wealth could be small or even negative.

In the United States at the end of 2001, 10% of the population owned 71% of the wealth and the top 1% owned 38%. On the other hand, the bottom 40% owned less than 1% of the nation’s wealth.

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2 thoughts on “Land Issues—Pt 2;Land is power

  1. Land is indeed power but it requires research, work and money to obtain and keep it
    There are people all over America (the mordern day preachers)who are profiteering by supposedly giving advice to people who are desperate to be overnight millionaires. There are so many of these programs and they all basically use the same formula selling books CD, DVD and info packages. All in an attempt to get your hard earned money,

    It will be more rewarding to treat yourself to something nice a gift, dinner etc and do your own research. Which you have to do anyway even if you purchase book or other materials for these con men.

    Dean Graziosi is supposedly one of the leading real estate professionals in the industry. He has one book that has already been on the New York Times best sellers list and he has recently released another one. The new book is supposed to be based on the struggling market and what the best techniques are at the current time. When the book is received it comes with a DVD that is marked “Must Watch First” and all it does is tell you about how to spend more money on the products that the company offers.

    A review was being started on Deans new book and how it truly worked when the group doing the review started getting phone calls. Dean Graziosi’s company continued to call for more then 2 weeks, sometimes more then 3 times. After the person who ordered the book decided to answer the phone and ask to be taken off the call list, he was continuously told how unsuccessful he is. The operator told him that he is not a success and never will be unless he uses their product. He continued to ask to be taken off the list and was constantly insulted by the operator.

    The whole reason they sell people the book is to get them to buy other services that are offered by them. They offer to give people that order the book one on one advice, for a cost of course that is not mentioned in the sales video. Dean Graziosi says that he is only there to help people be successful when in fact, he is there to sell other worthless services that he put together.

    Dean Graziosi and the books that he writes are just a way for them to sell other products that they offer. According to the person doing the review, from what he read of the book, it does not tell you anything that you can not easily find on the internet for free. The person doing the review of the book did not have time to read the entire book before the people at the office of Dean Graziosi started to harass him and we did not get a final analysis of the book.

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    1. Interesting! Is this a comment about the post or an opportunity to comment on this fellow? I have heard the same mentioned of Richard Kyosaki (sp) of Rich Dad fame. You are certainly correct about the research bit and I would encourage people to do their own. I would prefere it if you keep your comment to the post as I am weary of endorsing your position without seeing the other side. Still I appreciate your reading the blog and your general comment.

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