Why most rich people are old

[.*my*.]

One of the reasons is: “conscientiousness is not a static construct, but can change over time – with individuals either increasing or decreasing with age. ... The rank order stability of conscientiousness increases steadily with age until plateauing between the ages of 50 and 70”

Conscientiousness predicts success. The more conscientious you are, the higher your income (usually). And because conscientiousness increases with age, older people are usually richer.

Here’s another reason: “Agreeableness and Conscientiousness showed relatively gradual increases in absolute scores across the life span whereas Neuroticism showed relatively gradual decreases.”

Low neuroticism predicts success as well.

 

[oatmeal]

no its because back then it was a shit-ton easier in a much better economy to make a decent living, and therefore get rich

cant explain rn why its very complicated.

 

[jellyfish101]

Takes time to make money, the longer you’ve lived the longer you’ve had to make money /thread

 

[.*my*.]

Takes time to make money, the longer you’ve lived the longer you’ve had to make money /thread

That’s another reason, but it’s not the only one

 

[.*my*.]

no its because back then it was a shit-ton easier in a much better economy to make a decent living, and therefore get rich

cant explain rn why its very complicated.

Excuses

 

[Deleted member 7725]

no its because back then it was a shit-ton easier in a much better economy to make a decent living, and therefore get rich

cant explain rn why its very complicated.

"The economy is so bad. I have a double major in communications and gender studies with a minor in clarinet and can't even get a job to pay back my $250,000 of student loans. It's all Trump's fault."

 

[Deleted member 6273]

That’s another reason, but it’s not the only one

Only reason that matters jfl.

 

[.*my*.]

Only reason that matters jfl.

Then why are there young millionaires too?

 

[Deleted member 11053]

Then why are there young millionaires too?

Not the subject but you're avi is exactly what happened to my face, i didn't lose teeth but i lost emanel on them. Do you know how could i fix this problem?

 

[.*my*.]

Not the subject but you're avi is exactly what happened to my face, i didn't lose teeth but i lost emanel on them. Do you know how could i fix this problem?

If you just lost enamel your profile is not supposed to look like that. Your teeth could be too downturned, ortho can upturn them without bringing your face back.

 

[Deleted member 11053]

If you just lost enamel your profile is not supposed to look like that. Your teeth could be too downturned, ortho can upturn them without bringing your face back.

It doesn't look as bad as your avi but still bad enough to ruin my facial harmony, i can tell my face changed and it also gave me tmj and other problems.

 

[.*my*.]

It doesn't look as bad as your avi but still bad enough to ruin my facial harmony, i can tell my face changed and it also gave me tmj and other problems.

See ortho and see what he tells you. If it seems reasonable then get treatment.

 

[AlexAP]

Compound interest creates wealth, that's the technical reason. Maybe people with high conscientiousness invest more, so there would be a correlation. You have to save and invest for decades to be rich in most cases.

 

[.*my*.]

Compound interest creates wealth, that's the technical reason. Maybe people with high conscientiousness invest more, so there would be a correlation. You have to save and invest for decades to be rich in most cases.

You don’t really have to be conscientious to invest. Investing is a 1 time thing. It’s just passive income. Conscientiousness is important in the workplace for career growth.

 

[randomvanish]

conscientiousness

elaborate. how the fuck being rich and this related?

 

[.*my*.]

elaborate. how the fuck being rich and this related?

Because rich people do their job well. That’s why they’re rich. Conscientiousness means doing your job diligently.

 

[faggotchadlite]

"The economy is so bad. I have a double major in communications and gender studies with a minor in clarinet and can't even get a job to pay back my $250,000 of student loans. It's all Trump's fault."

caged hard at this jfl , but yeah how the fuck do they except to get jobs after doing dumbass degrees with no demand , thats like saying "im selling diet water why wont anyone buy it "

 

[Deleted member 10602]

One of the reasons is: “conscientiousness is not a static construct, but can change over time – with individuals either increasing or decreasing with age. ... The rank order stability of conscientiousness increases steadily with age until plateauing between the ages of 50 and 70”

Conscientiousness predicts success. The more conscientious you are, the higher your income (usually). And because conscientiousness increases with age, older people are usually richer.

Here’s another reason: “Agreeableness and Conscientiousness showed relatively gradual increases in absolute scores across the life span whereas Neuroticism showed relatively gradual decreases.”

Low neuroticism predicts success as well.

if ur young and have 50 billion bucks without sucking zionistic dicks then I'm mirin also ur gonna live to 25 max bc the jews are gonna kill you

 

[Julian]

no its because back then it was a shit-ton easier in a much better economy to make a decent living, and therefore get rich

cant explain rn why its very complicated.

i can, jews

 

[Deleted member 1862]

One of the reasons is: “conscientiousness is not a static construct, but can change over time – with individuals either increasing or decreasing with age. ... The rank order stability of conscientiousness increases steadily with age until plateauing between the ages of 50 and 70”

Conscientiousness predicts success. The more conscientious you are, the higher your income (usually). And because conscientiousness increases with age, older people are usually richer.

Here’s another reason: “Agreeableness and Conscientiousness showed relatively gradual increases in absolute scores across the life span whereas Neuroticism showed relatively gradual decreases.”

Low neuroticism predicts success as well.

This is what peak pseudo-intellectualism looks like jfl

Older people are richer because money is cumulative, and more experience in a field gives rise to more opportunities. What's more, investments accrue interest which compounds over time thus leading to significantly more money in the future.

Imagine thinking that wealth boils down to a single trait as well. Low agreeableness, high conscientiousness, high IQ. These are the most important traits in determining "success". Of course, looks are incredibly important too.

Edit: To people saying "the economy is bad" or similar - it's really not as bad as it's been in the past & There are more opportunities than ever before to make money if you work hard.

 

[.*my*.]

This is what peak pseudo-intellectualism looks like jfl

Older people are richer because money is cumulative, and more experience in a field gives rise to more opportunities. What's more, investments accrue interest which compounds over time thus leading to significantly more money in the future.

Imagine thinking that wealth boils down to a single trait as well. Low agreeableness, high conscientiousness, high IQ. These are the most important traits in determining "success". Of course, looks are incredibly important too.

Edit: To people saying "the economy is bad" or similar - it's really not as bad as it's been in the past & There are more opportunities than ever before to make money if you work hard.

I just said that was one of the reasons

 

[GarixTheChad]

idk maybe they work long time to get rich?

 

[Deleted member 12002]

I couldn't see agreeableness being any kind of advantage. Agreeableness is almost never a good thing. As long as you're not oppositional.

 

[_Alessandr97ACC_]

Takes time to make money, the longer you’ve lived the longer you’ve had to make money /thread

that's some high IQ there.

 

[Deleted member 2632]

Why are rich people old?

One word:

Inflation

 

[Deleted member 8080]

Takes time to make money, the longer you’ve lived the longer you’ve had to make money /thread

david byrne mog

 

[Deleted member 7465]