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How To Be Rich

We have a medley of articles – a post from my friend Robert sharing his rules for getting rich, a crazy story in The Cut about someone getting scammed out of $50k, and finally a note from the FTC about what they’re doing to stop AI impersonation.


How To Be Rich: 10 Rules To Grow Wealth [The College Investor] – “Being rich doesn’t always mean having money, but 90% of the time it does. However, there are habits, behaviors, and “rules” essentially, that will allow you to get rich and grow wealth. It’s not an overnight process. There aren’t any get rich quick schemes here. What you’re going to read below are my ten rules for how to get rich and grow wealth – over time.”

The Day I Put $50,000 in a Shoe Box and Handed It to a Stranger [The Cut] – “On a Tuesday evening this past October, I put $50,000 in cash in a shoe box, taped it shut as instructed, and carried it to the sidewalk in front of my apartment, my phone clasped to my ear. “Don’t let anyone hurt me,” I told the man on the line, feeling pathetic.” This story is unbelievable.

FTC Proposes New Protections to Combat AI Impersonation of Individuals [FTC] – “The agency is taking this action in light of surging complaints around impersonation fraud, as well as public outcry about the harms caused to consumers and to impersonated individuals. Emerging technology – including AI-generated deepfakes – threatens to turbocharge this scourge, and the FTC is committed to using all of its tools to detect, deter, and halt impersonation fraud.”