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Thread: Buffett rule
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Old 04-12-2012, 01:37 PM
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It's been said that Buffett's secretary earns between $200,000 - $500,000 per year. If that's the case, wouldn't she also have a lot of investment income by now? What is she doing with all of that money? She should have at least a million dollars invested in stocks by now.

If anything, this subject should be used as encouragement for people to save and invest rather than encouragement to punish savers and investors.

Wealthy people don't have all of their money in their pockets. Their millions & billions are at work in the economy; and it's for the betterment of the economy. It's the capital that makes capitalism work.