The Theory Behind Becoming Rich

The best and simplest unified theory I've found is: Buy low, sell high, and always have spare liquid assets or cash to invest when the market is low.

Other theories are "creating value", And also that "the price is set by the buyer" and "value is in the mind of the buyer". But these aren't very easy to understand or apply in any way, and they don't really explain all aspects of money making in one simple unifying theory. But I haven't heard every economic theory that is around, so if you have a better simple theory then feel free to type it in the "comments section".

The reason why it's always easier to make money once you already have money, is just a matter of scale. When you have a million dollars earning only 10% interest in an investment, that translates into 100,000$ which is more than most poor people ever see in cash equivalents. Sort of like how the scale of an ant compared to an elephant. 20 ft of walking is short for an elephant but seems like a mile for an ant.

having lots of money is like having another person working for you, because the money performs work by itself without any supervision, and then gives all of its proceeds to you.

Factoid: Rich people on average life longer than poor people because they can afford any kind of medical care. Even if it's located across the world.

I'm lucky enough to be ready to buy a house when the market has gone down, so now in Florida there are lots of 2 bedroom 2 bath houses for 50,000$ or less soon.

I'm also lucky to be invested in Zenn stock while it's still a penny stock. And if the smartest people in the world are mistaken about investing in this one, then nobody is smart enough to invest properly. The risk with this company is loosing half of your money if it fails, but the reward of this company is gaining 5 times as much money if it succeeds in it's claims, by the end of the year.

Always have maximum reward and minimum risk in all investments. Or just as a general rule in every aspect of life other than money.

The problem is knowing when the market is at the bottom and when the market is at the top. So don't guess, instead just be in a position to take advantage of profitable opportunities after they become available. In other words you don't need to know when the market is at the bottom if you know for a fact that the market will be up sometime in the future. And alternatively you don't need to know when the market is at the top, because as long as you've made a profit then you can sell at any time. If you don't know what the future is short term, then invest for the long term.

In the end only buy things when they are priced at the lowest price that they should ever be at, when opportunity knocks. That way if they ever go up in price at all, then you can sell them at any time that you want, and it will always be profitable, without the need to predict.

An example of "buying low, selling high", is buying limited edition collector item games, in mint unopened condition when they just went out of print and then waiting for the demand to kick in at the next Christmas season and then sell them on ebay. If nothing else, you'll get back you're original investment, which means minimal risk. See collecting video games post