My youngest kid invented a Type of toy a few months ago… It’s probably patentable. He has friends who literally go nuts over it. And my kid is obsessed with it. Even I admit it’s kind if cool.
Checked around there’s nothing like it.
Friends dad said… You oughts figure out a way to make money on this….
So… Do I get off my ass and make something happen? How awesome would it be if my family turned a profit.[/quote]
Do it. before you’re kid’s friend dad does….
But I’m sure you’ll have your fair share of folks that tell you it’s stupid, you’re wasting your time, yada yada yada. And of course if you do end up being “lucky” and your idea makes a lot of money, be prepared to pay 90+% in taxes, because after all it was “easier” to make money this way than having your kid for the rest of his life dig ditches or similar labor…Because accumulation of capital = bad, working yourself to death = good.
(FLU…Back from the trenches of smartphone hell)[/quote]
flu,
Developing something new and actually creating something is very different from “investing.” Very different.
I have no problem with those who **create.** My complaint is with those who simply buy up existing assets, hoarding the very things that are necessary for survival (food, housing, etc.) in order to force others who NEED those things to pay them higher prices or rent.
By all means, people should go out there and create, innovate, and improve upon things. That’s valuable to society, no doubt. But “investors” who don’t create, don’t expand productive capacity, etc.? That’s zero-sum, and requires other to suffer in order for the “winners” to gain.
