Jack McGillivray, Chapter 7, Question 6

After reading this chapter I've learned that becoming wealthy isn't so much just making a lot of money, but is how you manage your money and what risks you take with it. In the past I wasn't aware of the many many details of the financial markets. I though people mostly made money just by buying and selling things.  I had no clue that most of the things discused in this chapter could even be traded. I also learned that wealth is not a process that ends once a person reaches a certain dollar amount, it is an ongoing process. I learned how the rich spend their money, almost paradoxically, to protect their money. I also was unaware how once one reaches a certain wealth they can make money only by using their money. This seems to me that once someone reaches this amount of wealth it would be dramatically easier to grow in wealth.