Capital in the 21st Century by Thomas Piketty breaks down the only ways to make money. He is the one the coined the term “The 1%)
1) Money from inheritance
2) Capital from Assets
3) Money from Real Estate
4) Money from labor….People who make the most money from labor are “Super Managers” =CEO’s and down the chain….then people who own “their own business” or have more control over “the line of production” ….Then you have to manage the right “life insurance policy” which is an asset……then “taxes” and structure…then your “Real Estate” all complicated full of variables…..
