Well, if you know how to control your investment, you can achieve a high value of it. You have to be smart enough in reading the current trend in the market so that you will know the inflows and outflows of the investment you are investing.
It is your knowledge, learning and the skillset which carries far more importance than that of the investment amount and that you need to focus on these things so that you may be able to make something fruitful out of that money which you have invested. Even if you have invested a small amount of money, you need to make the best possible use of that money which can then help you in making of greater profit. 
Topic: How financial freedom can be achieved with smart investments (Read 318 times)
Bitcoin become my alternate investment after gold and it's yield more profit rather than gold.
I try to spend my 5 - 10% salary for invest bitcoin every month and hope that btc will keep increase from year to year.
I knew btc when it's still $ 300 / btc and now it's $ 7000 / btc for 4 years holding !
I try to spend my 5 - 10% salary for invest bitcoin every month and hope that btc will keep increase from year to year.
I knew btc when it's still $ 300 / btc and now it's $ 7000 / btc for 4 years holding !
Your bank is your enemy for savings, they can't give you what you really want. Holding money is valuable and can be used for more money in a very safe way. Every moment that your money doesn't have a purpose, you are losing money, you are losing time, you are masking a mistake!
Great topic to discuss. I'd like to offer that it's your bank that's the enemy, it's the investment...particularly the rate of return one is willing to accept to for that "purpose" you speak of.
Money is a resource. It can be used today or used in the future. If it's used in the future, it can be "lent" to someone else (which is essentially what an investment is) and in return for that purpose you should earn a return (a payment). Now there's risk associated with that rate of return, but putting your money to work for you involves deciding what rate of return is appropriate for you and putting your money in investments that earn such a return.
Back to the OP's point, the reason he's down on banks is because traditionally they don't pay much return on your investment. Over time banks have become more focused on lending their own money. For them to get the greatest return for their money they need to minimize costs, which means paying out as little interest as possible for savings.
What investments are people into these days?
people want to enjoy their retirement moment with no more working and to enjoy people life i think not necessary to being rich and as long as they are comfortable with their life and indeed sith smart investments can ensure we can life better in old age but i think to find the exact long term investment is quite difficult but still possible
Well, if you know how to control your investment, you can achieve a high value of it. You have to be smart enough in reading the current trend in the market so that you will know the inflows and outflows of the investment you are investing.
Controlling your investment is not financial freedom because you are still working your way to make sure your investments are still working for you, not you working for them. If you invested on something and you just wait for the monthly payments, dividends, interests, that's financial freedom. You are earning without breaking a sweat. 
Financial freedom means you are in control of your money instead of being controlled by it. There are so many people who are being controlled by money because they just accept the fact that they can't do something about it. It is what they saw with their parents and now they are doing it as well, being in a 9-5 job and then most are complaining about their job and do not do something about it.
As what I have read, in order to achieve financial freedom, you should make your money work for you instead of working for money and you can only make it work for you if you have smart investment. You can do it through investing in cryptocurrencies or any other investment vehicle and as long as you have money and risk management then it would be achievable but it is easier said than done.
As what I have read, in order to achieve financial freedom, you should make your money work for you instead of working for money and you can only make it work for you if you have smart investment. You can do it through investing in cryptocurrencies or any other investment vehicle and as long as you have money and risk management then it would be achievable but it is easier said than done.
I see some really good points, financial freedom is very desirable for some people but they assume a higher income, for me it should not think like throwing such thoughts that can affect their way of thinking, financial freedom can be achieved by all people, everyone has the opportunity to live the same life but have different personal decisions, there must be a very strong determination to realize it all.
If you want to succeed in the world of crypto and get the financial freedom to do is smart in investing and managing all the benefits you can, both are very important for the future and continuous all your earnings to manage it again, in the world crypto very many opportunities to get financial freedom when earnest and smart in investing.
If you want to succeed in the world of crypto and get the financial freedom to do is smart in investing and managing all the benefits you can, both are very important for the future and continuous all your earnings to manage it again, in the world crypto very many opportunities to get financial freedom when earnest and smart in investing.
I think financial freedom can be achieved with smart investments that is how we study the circumstances and take advantage of opportunities, just as in the world of cryptocurrency, we can invest our money on coin coins we choose, of course through observation and learn how the situation and the possibility of profit that we get from the coin, so we can be sure the possibility of profit that we can achieve, that's according to me the best way to invest smartly
Well, if you know how to control your investment, you can achieve a high value of it. You have to be smart enough in reading the current trend in the market so that you will know the inflows and outflows of the investment you are investing.
yes sir, everyone would want to feel financially freedom in his old age and do not want to work every time.
One way is to invest their wealth such as investing in bitcoin, planting shares, or building other businesses such as boarding-lodging, buying land and so forth.
One way is to invest their wealth such as investing in bitcoin, planting shares, or building other businesses such as boarding-lodging, buying land and so forth.
Yes everyone truly wished that they will succeed in achieving financial freedom, where they don't need to look for money anymore, but the income keep on coming, nowadays the inflation rate is too high, we can't rely anymore on the bank interest , the easiest way to achieve that is from investment, bit of course nothing come in instant, investing in something you also need do the research, but I really encourage everyone one to try to invest, if you are still young seek for the long term investment, it will be very useful in the future
Investing our money is fastest way if we want to be financial freedom. Right now, many investment instrumen that we can join and in cryptomarket, we can find good coin/token with good product and project. There is a lot investment instrument like stocks, obligation or else but do research for safest investment
Intelligent investments not only rely on ownership of a lot of funds/assets but also include the ability to manage or control one's own time, able to read the situation and conditions that are happening and think twice before doing an action.
You are right, for me the bank is only a predator which will kill the people's economy slowly especially his customers.
Which is why many of us have bitcoin in the first place, if I put my money in a bank I'm going to get 1% per year or even less but the bank is not getting that they are getting a lot more money by using my funds, so what's the point of lending my money to them when they give me profits that are so low, it is way better that you invest your own money to get all the profits while banks get nothing. People, especially old people tend to save their wealth in the bank. But 0.5% interest a year and not even this, it's not a saving way. It's a wasted money.
You are right, for me the bank is only a predator which will kill the people's economy slowly especially his customers.
Financial freedom, smart investments - both of these things cool.
BUT
If you haven't "free money", which you can invest?
What should these people do?
Have you heard about the idea of starting small? Most of the rich dudes you have seen today were not born rich; they created that wealth for themselves. A lot of people have been able to build a conglomerate just by starting small, but it all has to do with your idea, staying smart and always having a plan and strategy. Once you have a vision and a goal, that would keep driving you as much as you can imagine and one day you will see yourself controlling wealth and building even more.BUT
If you haven't "free money", which you can invest?
What should these people do?
I love the last few points of OP especially the last sentence. There is a lot most people do not know about investment and that has made a lot of people to always keep going back to the beginning even after all their savings in the bank. The most important thing is to put those savings to work.
Create an idea, build on it, employ the smart ones, and then you would gradually keep setting yourself up for life, and as you keep getting more, keep building more and a day would come when you would have so much you would not even know how you want to spend it.
Intelligent investments not only rely on ownership of a lot of funds/assets but also include the ability to manage or control one's own time, able to read the situation and conditions that are happening and think twice before doing an action.
You are right, for me the bank is only a predator which will kill the people's economy slowly especially his customers.
People, especially old people tend to save their wealth in the bank. But 0.5% interest a year and not even this, it's not a saving way. It's a wasted money.
You are right, for me the bank is only a predator which will kill the people's economy slowly especially his customers.
about what you quote right now I think it really has an important point in terms of financial freedom but if I can add one thing we have to do in achieving financial freedom, of course we must be working hard to achieve it. so I mean to achieve financial freedom either by any means or method that will be done of course will not be achieved without realistic thinking and I think working hard is a very realistic thinking in terms of achieving financial freedom.
I agree with that, financial freedom or financially stable is hard to achieve but if you are very dedicated to do that then there is no possible thing to stop you, of course failures comes in I think you just have to keep moving forward . Smart Investments will going to be the back up for us to keep movibg forward, cause this days idea come if you have a great capital.
about what you quote right now I think it really has an important point in terms of financial freedom but if I can add one thing we have to do in achieving financial freedom, of course we must be working hard to achieve it. so I mean to achieve financial freedom either by any means or method that will be done of course will not be achieved without realistic thinking and I think working hard is a very realistic thinking in terms of achieving financial freedom.
I agree with that, financial freedom or financially stable is hard to achieve but if you are very dedicated to do that then there is no possible thing to stop you, of course failures comes in I think you just have to keep moving forward . Smart Investments will going to be the back up for us to keep movibg forward, cause this days idea come if you have a great capital.
Financial freedom is attainable by all of the people if all of us are employed and have a lot of benefits and insurances. But as what we can see right now, billions of people are dying due to the lack of source. Financial stability is unsustainable. We can't ease the problem dealing with financial crisis and even the government cannot solve the problems.
How do we achieve financial freedom if we don't have the capacity to take our necessities in our daily life? Poverty is the root cause of financial crisis, lack of education and lack of future. If we don't have the knowledge in investment, how do we achieve financial freedom?
How do we achieve financial freedom if we don't have the capacity to take our necessities in our daily life? Poverty is the root cause of financial crisis, lack of education and lack of future. If we don't have the knowledge in investment, how do we achieve financial freedom?
Financial freedom doesn't necessarily mean you will be a millionaire or super wealthy, it means that you will not need to work anymore and if yes then by choice. You also don't have to run a business, build a company or to make a startup (ICOs in our case). It's less about income and more about an outcome, saving is a really important factor in the whole financial freedom. The sooner you want to be free and live by choice, the more money you need to save.
What I like about financial freedom is that I own my time and can do whatever I want as long as I can afford it but without exerting an effort to earn it because it will just come automatically. In the beginning, you have to work hard and work smart to achieve financial freedom because there are so many people who work hard but still not able to reach their goals of financial freedom due to some mistakes and spending habits. The way for it is having smart investments or passive income in order for you to still earn without needing to work anymore.There are many people who wanted to achieve financial freedom but refuse to have an extra effort to achieve it. There are so many who are dreaming of it but refuse to take an action. They are just until the dreaming part but do not make a move to achieve it. I am hoping that someday, saving and investment would be taught in school because nowadays, school program the student's mind to study well to get a better job or in other words, work for someone else.
Financial freedom doesn't necessarily mean you will be a millionaire or super wealthy, it means that you will not need to work anymore and if yes then by choice. You also don't have to run a business, build a company or to make a startup (ICOs in our case). It's less about income and more about an outcome, saving is a really important factor in the whole financial freedom. The sooner you want to be free and live by choice, the more money you need to save.
Investment is playing two parts in this economic game, investment is a one way to gain profits for the long-term and take your 1 million dollars and make it 2 million dollars in ten years, which might be slow but safe and influencing part in your life. The second part is that investment is also a way to store your value and in the good case to raise it naturally, let's say each month you can save $1,000 so you add this to your investment and in that way you collect more and more money towards the amount goal, so while you are saving your money you are also growing this up with the time. If you cut your expenses and increase your savings while storing in a smart investment, you are on the right path to financial freedom. It's simple but definitely not easy.
People, especially old people tend to save their wealth in the bank. But 0.5% interest a year and not even this, it's not a saving way. It's a wasted money.
If you are going to hold your savings let's say 100,000 USD in your bank for ten years, then you literally just spent thousands of dollars. How? You simply could put it in the safest investments and make it through and once you want to take this out, you could have above 150,000 instead of 105,000. Your bank is your enemy for savings, they can't give you what you really want. Holding money is valuable and can be used for more money in a very safe way. Every moment that your money doesn't have a purpose, you are losing money, you are losing time, you are masking a mistake!
You are correct, but 99% of the people cannot make use of your advice, why? Because they do not save anything in fact most of them are in debt and the few that save their money are never going to invest not realizing that saving is just the beginning of their financial independence you need to use that money to invest, when I exposed that to my friends they did not believe me, so ignorance about how to increase your wealth is a huge problem among the general population. Investment is playing two parts in this economic game, investment is a one way to gain profits for the long-term and take your 1 million dollars and make it 2 million dollars in ten years, which might be slow but safe and influencing part in your life. The second part is that investment is also a way to store your value and in the good case to raise it naturally, let's say each month you can save $1,000 so you add this to your investment and in that way you collect more and more money towards the amount goal, so while you are saving your money you are also growing this up with the time. If you cut your expenses and increase your savings while storing in a smart investment, you are on the right path to financial freedom. It's simple but definitely not easy.
People, especially old people tend to save their wealth in the bank. But 0.5% interest a year and not even this, it's not a saving way. It's a wasted money.
If you are going to hold your savings let's say 100,000 USD in your bank for ten years, then you literally just spent thousands of dollars. How? You simply could put it in the safest investments and make it through and once you want to take this out, you could have above 150,000 instead of 105,000. Your bank is your enemy for savings, they can't give you what you really want. Holding money is valuable and can be used for more money in a very safe way. Every moment that your money doesn't have a purpose, you are losing money, you are losing time, you are masking a mistake!
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