Vitago

When applied correctly capitalism improves the strength and quality of life for investors, business leaders, employees and the government. I’m writing in really broad strokes here to explain how capitalism works and how you can take advantage of this system to make more money.

Take note: I am not an economist. If any out there come across this post, I’d sure appreciate some feedback in the comments!

Capitalism works in a way where the rich get richer and pull the rest of the community up with them. Conversely, communism works by pulling the community leaders down to the level of the rest of the community.

Continue reading How Capitalism Works »

Right now people are spending thousands of dollars on gifts for other people. They are doing this because they believe it is the right thing to do.

Holiday shopping can make or break a business. The last few years I’ve watched the post-season wrap-up on the news. Who made profit? Who didn’t? Who’s filing for bankruptcy?

I’ve watched American institutions like Montgomery Wards close their doors after a poor holiday performance. My sister worked there while that happened. My brother had worked there years before. It was like losing part of the family.

And that’s when the economy was good.

Continue reading How does the economy really work? »

My sister in law sent this to me in an email. I thought it was particularly insightful and demonstrates the differences between the rich and not-rich-yet types of people:

Some lady posted this ad in craigslist. I don’t think she liked the response much…

What am I doing wrong?

Okay, I’m tired of beating around the bush. I’m a beautiful (spectacularly beautiful) 25 year old girl. I’m articulate and classy. I’m not from New York. I’m looking to get married to a guy who makes at least half a million a year. I know how that sounds, but keep in mind that a million a year is middle class in New York City, so I don’t think I’m overreaching at all.

Are there any guys who make 500K or more on this board? Any wives? Could you send me some tips? I dated a business man who makes average around 200 - 250. But that’s where I seem to hit a roadblock. 250,000 won’t get me to central park west. I know a woman in my yoga class who was married to an investment banker and lives in Tribeca, and she’s not as pretty as I am, nor is she a great genius. So what is she doing right? How do I get to her level?

Continue reading Buy or lease? How an investor views the marriage proposal »

If you are really interested in developing your financial intelligence Robert Kiyosaki’s Rich Dad, Poor Dad is a must read for you. Kiyosaki narrates his experiences growing up with an educated father who is poor while his best friend’s uneducated dad builds an empire. This book is the first of the Rich Dad series. All of these books are easy to read, personal and give great insight into why the rich get richer while the rest of us don’t.

If you want to be rich, you have to be financially literate

Being rich isn’t about how much money you make. It is about how much money you keep.

Continue reading The Rich Dad Guide to Wealth and Accounting »