Quoting SpaceCowgirl:" Do you ladies think that most people would stay in the top/middle/lower class that they are in today?"

Honestly I think there would be more of a lower/middle class. People would see money they never had and start spending on things they always wanted. House, nice cars, boats, clothes etc...then BAM all the money is gone. They dug themselves a hole. All though I do belive some would be frugal and do right.

Quoting 12.21.07¤04.18.13:" <blockquote><b>Quoting SpaceCowgirl:</b>" Do you ladies think that most people would ... [snip!] ... majority of the wealthy wouldn't be able to recreate it, and the majority of the poor just need a boost to get out of the hole."

How do you think most people get wealthy?

Quoting mamaluvsher4babies:" Honestly I think there would be more of a lower/middle class. People would see money they never had ... [snip!] ... etc...then BAM all the money is gone. They dug themselves a hole. All though I do belive some would be frugal and do right."

I'm always amazed by the stories of lottery winners who are completely broke a few years later.

it would and should shake out that way. assuming everyone has the same opportunities, not the same skill or knowledge base, but the same opportunities to begin a business and run it in a way that's fair. the system goes off kilter when people start rigging.

Quoting SpaceCowgirl:" I'm always amazed by the stories of lottery winners who are completely broke a few years later."

I know right!!! Why buy a big huge house/??? to much to clean and taxes etc..how hard is it to pay cash for everything..I know I would..then I own that smurf lol..and if I screw up and become broke I could sell it..even though I wouldnt screw up

<blockquote><b>Quoting mamaluvsher4babies:</b>" I know right!!! Why buy a big huge house/??? to much to clean and taxes etc..how hard is it to pay ... [snip!] ... know I would..then I own that smurf lol..and if I screw up and become broke I could sell it..even though I wouldnt screw up"</blockquote>



I wouldn't because the first two things I would spend money on are a lawyer and a finance manager. Invest 75%, donate 20%, and live off the interests of the investments.

And, that's why the rich would go back to being rich and the poor would go back to being poor.

Quoting khigh:" <blockquote><b>Quoting mamaluvsher4babies:</b>" I know right!!! Why buy a big huge ... [snip!] ... interests of the investments. And, that's why the rich would go back to being rich and the poor would go back to being poor."

Thats true..def would need a lawyer..

<blockquote><b>Quoting SpaceCowgirl:</b>" I'm always amazed by the stories of lottery winners who are completely broke a few years later."</blockquote>



Ninety percent end up having nothing left of their winnings five years later.

<blockquote><b>Quoting SpaceCowgirl:</b>" How do you think most people get wealthy?"</blockquote>



inheritance/being from a wealthy family. And I think most of the people who are self-made would have a hard time building it back up in a short amount of time.

<blockquote><b>Quoting mamaluvsher4babies:</b>" Thats true..def would need a lawyer.."</blockquote>




Keep all those fake cousins from coming out of the woodwork.

<blockquote><b>Quoting Back to Noob Status:</b>" <blockquote><b>Quoting SpaceCowgirl:</b>" I'm always amazed by the stories of lottery ... [snip!] ... broke a few years later."</blockquote> Ninety percent end up having nothing left of their winnings five years later."</blockquote>



Have you seen the show about the lottery winners? There's one guy who lost all of the money, went crazy, and now lives at a run down motel and feeds stray cats.

<blockquote><b>Quoting SpaceCowgirl:</b>" If we took all the wealth in the US and redistributed it evenly to every citizen, it wouldn't be long ... [snip!] ... wealthy people, a large working middle class and a substantial group that were back at poverty levels. True or False?"</blockquote>



Absolutely, positively true.

Quoting khigh:" <blockquote><b>Quoting mamaluvsher4babies:</b>" I know right!!! Why buy a big huge ... [snip!] ... interests of the investments. And, that's why the rich would go back to being rich and the poor would go back to being poor."

what do you need a lawyer for?

to keep folks from trying to fraudulently claim money from you.

<blockquote><b>Quoting JiLLiAN.:</b>" what do you need a lawyer for?"</blockquote>



Draw up a new will, handle the estate, probate, reference for financial manager, and fight in court whoever else believes they have a claim to the money.