The greatest advantage the rich have over the not-so-rich is the ability to capitalize on bad times. Whether it’s cars, boats, houses, stocks – even household help – prices plummet as demand drops and supply increases. If you’re one of the huddled masses, you’re focused on staying alive until next week. Those with the cash have the ability to focus on the future, buying low now to sell high years from now.
Nati Harnik/AP/File