Addressing the financial imbalance

I know its easy for me to say this. Because I am not one of the richest person on Earth or even close to that if you count worldly physical assets. 

However, I shall put this as succinctly as possible. If I were to have the wealth assets of a Buffet or a Musk or any of those super wealthy individuals, I will actually be embarassed. Why would anyone hoard that much amount of wealth yet sleep well each night knowing that there are millions of people who do not even haveenough for basic necessities? 

So the first thing to do is put aside enough foryour own needs as well as your family. And besensible. If you weed out all the wants and focus on needs, you don't really need that much. After that, focus all the efforts to channelling all the 'excess money' to the needs of those who actually need them to survive. 

Lets be realistic. A few millions but less than 10 (for argument's sake lets say US dollars term) is still enough for an individual's needs as well as his family if he is prudent and knows how to manage his wealth wisely although some will still say its still a bit much. But does someone really need billions of dollars worth of assets? The pure capitalists will never agree. And they are of course entitled to their opinion. 

So to give a different perspective, lets better the world. Set up organisations and make the world a better place. Oh yes of course keep some millions for yourself. You deserve it after all. We are all in a capitalist world. But do spare some thoughts for those in need. Especiallyif you have loads of wealth! 

Thanks for reading! 

# If you were Buffett, how would you spend your fortune?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • JohnMitchell
    ·2022-11-03
    Hopefully the inflation can be controlled.
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  • myth88
    ·2022-11-04
    [流泪] [流泪]
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  • JeremyKok
    ·2022-11-02
    thank you for sharing.
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  • Andie8392
    ·2022-11-06
    thanks for sharing.. good post
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  • Great
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  • A. THOR
    ·2022-11-06
    👌
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  • Celia24
    ·2022-11-06
    Ok
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  • ken2020
    ·2022-11-06
    [Like]
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  • changgw
    ·2022-11-06
    up
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  • YJZ
    ·2022-11-06
    K
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  • Skyvod
    ·2022-11-06
    k
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  • chewks
    ·2022-11-06
    Ok
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  • IAN3114
    ·2022-11-06
    thanks
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  • T2huat
    ·2022-11-06
    ok
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  • Anita23
    ·2022-11-06
    Dff
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  • KayHK
    ·2022-11-06
    👏
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  • KL H
    ·2022-11-06
    Thanks!
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  • a1g2r
    ·2022-11-06
    nice
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  • SSVC
    ·2022-11-06
    K
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  • Residue
    ·2022-11-06
    👍🏻
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