The Wealth of Generations

Written by Ingemar Anderson with the help of  GPT-3, an  artificial intelligence model. The process of becoming a capitalist is actually not as complicated as it may seem.  First, one must save a specific amount of money which will be the capital for the individual.  The next step would be to find a good opportunity to invest in. Typically, this includes buying stocks, stocks of a company, bonds, or commercial property.  The final step to becoming a capitalist is to wait for the investment to pay off by creating regular income and increases in value. Investments can be in five asset classes: securities, the money market, commodities, real estate, or businesses. Starting a business in 4 steps that can be summarized with the acronym I-D-E-A: Step One (I): Imagine and Innovate. Step Two (E): Develop Step Three (E): Execute Step Four (A): Accelerate  To become a capitalist, you have to have a vision. Imagine what you want your product to be...

Written by Ingemar Anderson with the help of  GPT-3, an  artificial intelligence model. Today, America is experiencing a large and rapid shift towards oligarchy. After the 2008 recession, a large portion of the nation's wealth was transferred from the middle and lower classes to the top through the redistribution of income. This has led to an oligarchy where the wealthy have the most power and control. This has shaped a broken society where the poor are systematically discriminated against, and voting is no longer a major influence in the country. As America has increasingly been dominated by a growing oligarchy, people are becoming more and more concerned. From the Koch brothers to the Walton family, these two families own more wealth than the bottom 40% of Americans combined. The concept of oligarchy in America is rising because of the rapid increase in wealth inequality. The top 1% of Americans who hold 40% of the nation's wealth are incapable of governing democratically. T...

  Written by Ingemar Anderson with the help of  GPT-3, an  artificial intelligence model. Humanity is complex. We are made up of many different emotions, thoughts, feelings, and ideas. Sometimes people may say something to anger you and before they know it, they have pushed you into a time of sadness. The emotions might change in a blink of an eye. Humans vampirically feed off one another's energy through their words. It is hard not to take what somebody says to heart, just like how it is hard for them not to understand how we are feeling in that moment. There is no one way for humanity to be. We are all different from one another. We have the capacity to be understanding as well as understanding. Humans just need to be more mindful of one another to offer each other space to be themselves, no matter what that is. In a time when AI is all the rage, we still need to figure out how to guarantee human rights and freedoms for those without representation. Imagine an AI system...

Written by Ingemar Anderson with the help of  GPT-3, an  artificial intelligence model. There is a new economic system emerging. Nation-based Capitalism is giving way to Human-Centered Capitalism and a shared economy. What does this mean for you? It has the potential to change the way you work, live, and earn. It could be a financial game-changer for the generations who come after you. The transition from nation-based capitalism to human-centered capitalism requires an honest assessment of our current economic system and a commitment to an economy centered around humanity. In today's globalized world, the old, nation-based capitalist system is no longer sustainable. We cannot survive the current system, nor can we continue to grow and prosper by being a part of it. This is where a human-centered economy comes in. Such an economy brings an end to the competition between corporations. Eradicating the competition for market shares of mega corporations allows for more people to pr...

"I don’t want a nation of thinkers. I want a nation of workers."   —John D. Rockefeller Written by Ingemar Anderson with the help of  GPT-3, an  artificial intelligence model. I have developed ten rules to remind myself to stick to my investment strategy. Of course, the list is not complete, but it is a start. Please feel free to add your own rules at the end of this chapter that you feel should be used to manage any of the five asset classes money, securities, commodities, real estate, and businesses.   1. Never buy an asset above market price This first rule seems to be an obvious statement. However, I have seen too many times that investors end up paying too much for an asset. I do intensive research before I buy, I do my due diligence and always try to understand the seller to get a better deal. Paying cash will always be an incentive for the seller to sell quicker. 2. Focus on assets that create income By following only these first two rules, buying primarily as...

Yes, democracy lives in a small circle surrounded by Extremism. This is why we need to be careful with letting some of our fellowmen overstep the boundaries of democracy. As we know, many countries have crossed the line between authoritarianism and anarchism many times in history.  Today, I know of people who feel drawn to rabble-rousers and autocratic figures who openly claim to abandon the circle of democracy. Their unhappiness with the current system and themself seem to make them blind to obvious logical consequences of extremism.  As the above illustration suggests, a world outside of democracy has no functional justice system, an immoral society, and an unconstitutional government. In such a world, people live either in a lawless society in chaos and anarchy, or they live in a tyranny ruled by a feared dictator.  Unfortunately, some people even wish for such a world or they cannot fathom the dire consequences if such a world would in fact come upon us. Some people m...

  "I don't want a nation of thinkers. I want a nation of workers."   —John D. Rockefeller, 1903 In 1903, John D. Rockefeller said during an event of the founding of the General Education Board  "I don't want a nation of thinkers. I want a nation of workers."  Almost 120 years later, it is clear that his wish was honored and became true. For 120 years, too many of us became workers that produced the most amazing products and services. But these workers also created something extraordinary: artificial intelligence. With GPT-3 developed by the OpenAI organization, a machine has been created that can almost think like a human, and in many cases even better and faster. Today, machines basically consist of two components, one physical and one mental. The mental part is growing exponentially, some even expert an information processing explosion in the coming years. The other part is the physical part, which we call robots.  It is predicted that both, the mental and...