Now at @aj@gts.sadauskas.id.au on Nostr: And here's the kicker. Let's Imagine you really hustle. I mean, really put in the ...

And here's the kicker.

Let's Imagine you really hustle. I mean, really put in the long hours. You earn $200,000 per year after tax, on average, every year. From when you're 20 to when you're 70.

That's 50 years of non-stop hustle for an average of $200k p/a after tax.

By the time you reach 70, you will have earned $10 million.

Now, let's Imagine you have wealthy parents.

You inherit $2 billion.

You invest your money in shares and properties.

Over the course of a year, the value of those shares and properties, appreciates by 0.5% above the rate of inflation.

You just earned $10 million in one year, for basically doing nothing.

Oh, and that increase in value? That's an unrealised capital gain, meaning it's not taxed in many jurisdictions.

The moral of the story?

You don't win at capitalism by working hard. You win by having rich parents.