Topic: How to developed your capital (Read 1371 times)

It cannot be denied that we often encounter such habits in our own environment. Yes, including in my environment. I have come across many people who do things like the ones you mentioned. And this really comes from an incorrect mindset or could be said to be a poor mindset. But I see that habits like this are now mostly carried out by parents who previously did not have enough knowledge about finances and technology. In fact, I see a lot of them wasting time commenting on social media without a definite purpose. But I see the positive side shown by the millennial generation and even younger ones. Many young people actually seem to be lazing around and lock themselves up in their rooms. And they are constantly connected to the internet. But it turns out that behind all that they have a rich mindset. Well, they run an online business and make money through various social media platforms. But sometimes their parents don't understand and blame the younger generation because they seem lazy. Even though they are developing their business through online media.

If we have a rich mindset. Then everything we enter can be used as a means to make more money. But if our mindset is not advanced. Then we will only become victims of social media addicts who cannot make a profit. Mindset is indeed important capital in financial progress.

This is a good take. Sometimes being poor doesn't necessarily mean you're lacking financially, but it can also be about poor mindset and a poor habit. In order for us to avoid such things, we have to invest on building a good financial habits. To achieve this, the first thing that you can do is to have yourself educated. There are lots of resources especially in social medias which teach things about financial literacy. Doing this as your first step can mean a lot because if you're knowledgeable enough, you can never go wrong. Another thing you can do is to set your own financial goals, it's better to set a long-term goal as it will benefit you in the long run. This brings us to investments, which is I think the most important key in achieving financial independence. And when I say about investments, I'm not only referring to businesses, but you should also invest on your health, education, or even retirement.

Maybe you're the only one who often sees people like that in the area where you live, because now I've started to rarely see people having fun with the wealth left behind by their parents except to put it into a business that can give them gradual profits. So it can be said that not everyone will do this with the assets left behind by their parents because there are still many people who are aware that finding assets is very difficult nowadays.

Mistakes in educating a child often occur in life, but not all parents in the past have made the same mistakes as other parents so that currently there are many parents who learn from other people's mistakes in educating their children so that not too pampered. Because excessive spoiling can also make it difficult for a child to become independent when he is an adult, so mistakes made by other people can also be a very valuable lesson for parents who are still alive so that they can teach their children well enough.

I see many poor , who are poor because of their poor mentality. They make decisions like a poor person. They take loan, they take motorcycle on monthly installment. They save their money and do not invest. They take house whose rent they cannot afford. They are financially illiterate. They do not focus on their mistakes that were made by them. They do not develop learning habit. They do not read books on financial wisdom. They take liabilities, that take money from their pocket. If they have their own house to live, they say that this is an asset a nd should be biggest investment for them. They do not work on skills. They waste their time on social media. They are available on every social media platform being a user.

We often see mistakes in managing assets that have been left behind by people who have died, perhaps they are complacent with what they already have so they don't manage well what their parents have left behind and they realize it when everything they have has run out and they have nothing and they have to do any work to be able to meet their needs.
This could be their mistake in educating their children by pampering them and not teaching them to be independent so they cannot develop what their parents have so we need to learn to be independent even though we come from families that have a lot of wealth because no matter how much wealth people have The old things we leave behind will run out if we can't manage them well.

When tending to make yourself getting involved with some investment then it would really be just that a normal approach or standard thing that there should really be that kind of study or research before you would really be making out such step since we know that this would really be costing up money  and time for you to be able to start or deal with.Its true that it would really be always that important on looking on something that would really be fitting out with your interest and not really just that making investment just because you've seen others been successful into this field because this isnt how this investment world works because success would really be able to determined on how smart or wise you are and a little bit mix of luck if we do speak about being successful.

You wont really be able to progress if you wont really be taking any steps and this is really that the standard thing when it comes to business which risks taking is a must if you do want to have
progress in your life or having that plans on getting into this venture although not all would succeed but at least you have really tried on taking up that step
for the good or better.

Well, the statement that says rich are getting richer is completely right but some rich generation today are not rich as they used because either the person that amass the wealth is dead and mismanagement of the heir destroy the chain or the person who amass the wealth became relax and today, they don't have the type of wealth they used to have. The only thing they have in their wealth that makes way for them is their names, there are popular people here in my country who were once regards are wealthy people but today, they dobn't have much and not poor though, just like middle class people.

Things that were sold yesterday for one cent are sold 10 times the original amount and this is nothing but the work of inflation. To stay out of this shame of becoming poor, you must continue to strive and work hard and hope that your inheritance are fairly manage by anyone who takes next your wealth because the dead can't do nothing after they stop breathing.

That our childhood experiences impact our adult decisions is obvious. Saving and investing were your father's lessons, which helped you become financially solid

Insurance is another crucial financial instrument to consider. You just mentioned saving and investing. Life and health insurance can protect you from having to spend your savings or investments in a pinch. They shield our finances and ensure our assets flourish. Parents can teach their kids about money in a more complete way with these tools, ensuring they are competent at both making and managing it

The journey of a person's life is like a cycle, nothing is static and every time there is always something new, the same applies to a person's economic level. In my opinion, rich and poor are just a matter of level and the cycle of life will continue to turn.

People who have low economic capital (poor) will of course carry out their business activities according to capital. And it is very true that they started with a small type of business too. But it could be that if there is a change in one area, for example there is new development in a poor area, then of course it has a big opportunity to develop its economy even bigger.

So I believe everyone has the same opportunities in the economic field if there is the will, work hard and work smart.

Yes you are right the main problem of today's youth is to develop their capital in the stock market or crypto trade whatever you said .  Creating capital and developing capital are two extremely difficult tasks. It requires knowing the business strategy. Now if a person invests capital without understanding the market conditions, he can certainly face losses.
Carelessness, lack of proper  knowledges\intelligence, and unplanned capital utilization are the causes of capital.  Continues development.  We can say that investing in the right place helps a businessman grow his capital. Again one should always think only about capital growth and also spend it for his own pleasure.  But again the expenditure cannot be more than the income.  To be successful, so they all  should consider all aspects and take steps.

There are only two types of people in this world or the era we are facing today: the rich and the poor. As the saying goes "The rich get richer and the poor get poorer". But there are poor people who persevere and find a way to get out of poverty. And what others do is take the little money that other poor people have and try to grow it by setting up a small business. They try to grow it even if the income is small at the beginning. As long as there is a profit that comes in, it is not impossible to eventually get out of poverty. But great patience and sacrifice are needed to face this matter.

It takes a lot to engage in this investment plan of a thing. Many think coming out to give advise on how much to set aside for investment is the solution to curbing poor capital or lack of funds. Situations where the advised can barely feed or solve their basics needs what then becomes the investment plan of such individual. Giving investment advise should not be a randomly talked about topic because we don't know the financial ability of those advised, Instead if there is anything about capital and funds to be talked about it should be rather be how to start making the money that will raise adequate capital for investment opportunities

Take it or leave it, financial strategy in a child's life started from their parents, there are some things that I have learn from my parents since the very small age, this has everything to do with saving and management of money, I learned this personally from my father, He taught me about investment and how to easily save money and I grew up with this state of mind and that is why I find it very easier to invest more than I spend in my life today, that is why I believe that how we are brought up will have a great impact in our life as we get older.

Many people are fortunate enough to make money and and some are just lucky about it but they are not capable of managing the money that is what leads to their downfall honestly we need to start teaching our kids about Savings and Investments, I know that investment is far more better than savings but savings has his own advantages for example like emergencies savings will keep you away from some emergencies because if you don't have savings the next thing on your mind will be your investment, with savings, your investment will be able to breath for years.

Respect is given according to who has money at the moment. The better off you are financially, the more people will respect you, so there is no room to develop your own capital. To develop your capital you must plan properly and move forward according to the proper plan. One should always find alternative ways of earning money as well as thinking about how to retain that money. In order to develop our own capital we need to control the excess expenditure. There is no need to spend money unnecessarily, the money you spend unnecessarily is the money you save. The amount of money you used to spend unnecessarily every day can be seen if you save the amount for six months or a year, at the end of a certain period. It will be seen that a lot of money has been deposited in your account then you can invest that money in some other business and your capital will be more likely to develop.

Making capital is a very difficult task. It requires great patience and enthusiasm.  Proper use of money Sharp intelligence and proper need of money help people to build capital in large scale. Again throughout the life one should not only build capital, but also think how to generate new money from that capital. If a person has more expenses than their income.  But he can never capitalize.  And we know that enough capitalists cannot think of any business

I think the main thing is to be truly brave in investing. this is business. Talking about capital and losses is something we have to go through. If we are stuck, we only collect money and don't dare to take risks in investing, it will not return our capital, let alone grow. try to start small and try to research and learn what is profitable from here.

Well, where can you get these same funds for long-term investment? Is it really possible to deprive yourself of lunches and then use this money to buy assets? A strategy is only needed when there is at least some capital.
When you have to simply survive, you somehow have no time for all this. Every penny counts. You even have to borrow to meet your wages. With such initial data, such a promising picture of the world does not really emerge, where there is a trading strategy and similar things.
We need concrete steps to accumulate initial funds, and then everything else.
For example, a person may well give up some bad habit and save this money. Walk to work, if not that far. Instead of a car, buy a bicycle and so on.

When you know the differences and the right steps to take, it will be easy to make choices, both short term and long term as to the investment strategy you choose. However, don't forget that certain coins have different levels of suitability, both long-term and short-term because not everything is worth doing with this strategy, except when it comes to bitcoin which has different abilities from other coins.

The level of profit will be in accordance with the amount of capital you place, for example if you approach investing in Bitcoin as a short-term investment, then to generate profits it will also follow the capital we place and if the capital is small then automatically the profits will also be small. This is different from implementing long-term investments because we have the opportunity to continue to increase the amount of bitcoin ownership by using the DCA strategy or buying when conditions are declining.

This is what makes people prefer long-term investment in bitcoin, especially for some people who have small capital to invest. In the end, we will talk about how to take advantage of opportunities and from there we can determine the investment steps and paths that we take, as a form of getting maximum profits from the investments we choose.

It also depends on our profit target. Every trader should choose a target in his mind where he can sell his assets and make a profit. Most of the people who invest in short term sell their assets after achieving small profit target and long term traders always invest to achieve big profit target. Of course, there are different types of investments that require different amounts of capital and time.


People who want to get quick profit can never invest for long term, and the most important thing is always to invest the amount which is more than you need. Of course, before making any investment, it is very important to know the amount allocated for investment, the time required for investment, the method of investment and the type of investment that he is making. The main reason is that a good investment strategy can give us good returns.

How simple it is for you when you rely on the state for at least something. From Russia it only takes every penny, and does not help, since the mafia has come to power, which seeks to provide only itself with a luxurious life and its offspring. I haven’t even received a penny in my entire life, and you’re talking about some kind of help. It is possible that you are doing much better in this regard, but I have to survive in this territory.
And where can I get a small portion of my income to invest? There simply isn’t enough for even the most basic necessities. You have to look for different ways, this is how the investment process should be. This is the only way to change something in your life.