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Welcome to Ministry of Wealth and Gifts for your loved ones!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Wednesday, 16 February 2011

Labour and Capitalist

Definition: a social class comprising those who do manual labor or work for wages
 
So anyone who works for wages is a labourer. I know you may protest wildly at that definition. LOL
 
When we labour, we are paid wages. How much we are paid is determined by someone or company that perceives our value for providing that services. The company is more likely to pay you enough wages to keep you in the jobs. The company is not there to make you rich.
 
As a capitalist is different, we are not paid for our labour but for the use of our money; but it can be a double-edged sword as we may lose some of our money instead making them.
 
Remember this: In stock investing you are NOT paid for your labour as the stock market doesn't know you are working very hard at it.
 
Moving quickly to over being more capitalist may be a wiser choice for most wage earners.

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