Topic: Idea and money are very important to investment. - page 9. (Read 2024 times)

Having money without any knowledge doesn't guarantee that one every investment must be successful,  money has never made any investment successful.  When their is no knowledge it ends up becoming a failed investment,  the most important tool for every investment is knowledge, this helps in making an investment to be very profitable . Money comes second in an investment, knowledge is the pilot of the investment that determine ms if the investment will do well.

The type of investment where you don't get to do anything and just watch the market grow is quite great and should be on stocks or cryptocurrency. But sending out money to somebody who has business ideas can still cost us more time and energy, trying to communicate with the people in control of the business. It only gets difficult when the investment isn't moving the way we want. That's why it's advisable to invest your time wherever your money goes even when the market runs on its own. Any investor must follow up with the trends revolving around the business or company in control of the money they've invested. If not, they won't be able to pull out their money, when things get red in the industry. Such a business like reselling products is quite profitable with minimal risks. But saturated. Many people already ventured into such a field and the profit rates are minimal compared to a high-risk investment. Where most people don't invest money into. For instance, the stock market and crypto, are risky and because people hate taking risks, the reward of investing in such markets is very high and worth it, if we have the patience and the ideas required to follow such route while investing.

Investments are the best way to make use of our savings and to not leave the money in a bank account where we get only limited interest. In my opinion money is the most important thing in investing, because you give money to people that already have business ideas. Running a business consumes a lot of time and we need to have ideas, with investing we can just bring our capital to good use instead. The only type of business that I can  think of where you are instantly profitable is selling products that you don't own yourself. Basically, you bring together buyer and seller for a commission. This is the business model that most influences and steamers follow. They don't have to spend any of their own money on products and still make a nice profit. The only thing they need to invest is their own time to attract new buyers and if course they need a big follower base. In case you are active on social media and know many people you could try to run your own small online business, otherwise I would stick to investing.

Nobody can succeed without having a plan; even those without financial resources must have a plan before acting. As for your story, I think you did a great job because some people in today's society have a lot of money but are unable to manage it. I have seen many business owners who are unable to calculate even their own expenses and who have been taken advantage of by their employees. This is something that actually happens to the wealthy because some of them are ignorant of the risks involved in managing their wealth.

Sometimes I think having an idea is the best thing that every person should have, and asking people for ideas is also good. As you explain cryptocurrency to a man you meet on a flight, I believe that if he truly understands you, he will find you and appreciate you for what you have done for him. Because if he invests his money on bitcoin, I believe he will gain more than what he is having in some of his business.

We will fall into gambling once we take step into trading with little knowledge and zero experience because we believe that if our fortune is good then we will win so in this situation we don't work according to knowledge but wants to check our fortune. short term trading does not give time to participants for thinking therefore possibilities of failure are more but if someone wants investment in Bitcoin then little knowledge about security and buying procedure is enough because further knowledge can also be possible to get after investment as timing of holding is prolong in bitcoin investment.

Target the price and always keep eyes on market condition and if one cannot check price regularly then through joining of groups one can know about movement of market and can take a better decision.

Well, besides the fact that ideas rule the world, what makes such an idea become a reality is money.
The spending or purchasing power of money makes it an intricate factor in the actualization of any dream or aspirations.

Where it has proven difficult to gather the funds to start up an idea, what's to note is that one has to have made a written plan than can be presented to angel investors and close people that have the means and are looking for what to invest in so as to double their profit or have an assurance of one in the nearest future.

Having money would really be totally useless if you dont know on how to make it big but if these amounts do came from business and other source then you are already at the pinnacle of success and not everyone would really be able to achieve such condition and this is why it would really be that important that if ever you do have the funds then diversification would really be always be the best thing to be done.
If you are someone who doesnt really have the money but having some brilliant ideas, then the best thing you should do is to find some capital.Of course expect for it to be small and not something
humongous start up but plans wont really be materialized if you wont really be making such move.

This is why most people wont really be making themselves progressive just because they dont really make out such action and just remain still and thinking about on how to make money but without having
actions then those things would really be that remains to be imaginary. This is why if you do want to have some progress then it would be better that you should take action
or else you would really be just that sitting all day without achieving something.

Idea and money should be partnered in investment...
 - you can't invest without money
 - you will lose your money if you don't have any idea what you are doing

In general, without any of those things, you will only just fail.
In fact, an investment just comes up after having an interest and doing research to gain an idea. For rich people, investment is not hard for them because they already have money, and ideas/knowledge can easily be acquired as it is already available on the internet.

There is no demand to work in a well-paid company, if you really want to start a business, it can be done with small capital, even if we have a job with a not too high income, we can set aside the income we get to save, and when the income that is saved is collected, maybe we can start a business or investment, There is no limit to doing something, it's just that we need to have a strong desire not just talk like my friend, where my friend always wants to change his life who only plays games by wanting to have a decent job but there is no movement at all that he does, even I myself am fed up with what comes out of his mouth.

If you really have ideas and money, I think you should immediately make an investment if you are not ready to start your own business, as long as you invest clearly, don't be fooled by fraudulent investments, before that you also have to have good knowledge to invest. Because investment also involves money, where everyone needs money for their lives, also investment will be profitable if accompanied by good knowledge.

Well, it's actually an advantage if you have both money and brilliant ideas that will make your investment highly successful. With ideas, you can always revise your plan if one seems to not work in the first place, and if you have the money, you can always finance your investment again if you lose at first. Unfortunately, not all potential investors have gained both, some lacks the other one which makes it hard for them to fulfill their investment.

But as you've said, if one lacks the money, you can always find some potential people to invest in your ideas. But the risk of blaming you is high when that certain investment starts to fail, so you have to also look for that matter.

For investing it's all about the money and actually regardless of whether it's a lot of money or a little bit of money I don't think it matters because at the end of the day the focus is on how we manage the money well.
Indeed, big money can be a good determinant so that the continuity of investment is maintained safely but if indeed we cannot do that then all we have to do is about how to manage money properly because even though the salary we get in the job is smaller but when we can manage it well from starting to set aside money for living and investment needs then it will still be able to be done even though surely the results are not too big either but at least we can take part of the investment that we really want to do for a better future.

This kinda look like a cooked up story, don't take it personal but I'm entitled to how I picture writing and the probability of this happening is zero because I I'm not sure if you are going to have internet during flight, you don't have internet when on flight and that's why it's even advisable to usually put your phone in the flight mode so that you don't disrupt the flight signals. I don't believe this happened because even your wallet don't synchronize with the blockchain to have your balance and the coins you have showed up or even accurate information on your wallet.

Let's add small input on your subject, just because you believe something might work doesn't mean it will work if you try out, that young imaginary young man you think is having interest in crypto might lose all his investment when he try it out because timing is of the essence in crypto, you have to be very smart about when you enter the market. Imagine having interest in crypto only to end up buying meme at all time high , it's might look bad but people are actually making it there but wrong calls and timing can also make you regret.

For me, more than an idea is about having a plan and following it. You don't have to come up with the plan, it's better to follow proven investment strategies that have been in place for many years. Trying out your ideas is like taking blind steps and can lead to costly mistakes.

Knowledge and ideas work cheek by jowls in achieving similar goals. We can get ideas without reading books, but it'll be limited to our side of the ideas. Individually, we have different chambers allotted to a single idea, that's why it's important to study other people's ideas and figure out how it'll help in improving our idea on a specific matter. Investment works in different ways, and we mainly need money, and ideas to make the right choice of investment. Those who purchase stock have to study the stock market to own an idea of the kind of company they shouldn't invest their hard-earned money into. Not to lose out completely. So, if Op is wondering, why the young man is paying for an idea, or how he got rich without having ideas. He'll be wrong about his perspective of that said young man. Because we think differently, and validation helps us to take action. Maybe he has an idea of investing in crypto but doesn't have any valid or solid information to help him execute his ideas. Henceforth, he'll undoubtedly follow his decisions, coupled with the advice he's got from OP. So, while we own the money, it's still okay to employ a person with the idea to help us with decisions.

A wealthy man like Warren Buffet still had his friend Charlie Munger (rip) who gave him financial advice. Despite being the world's world-recognized richest man, he values the information from his business partner and they both achieved a great goal in the stock market. Planning also should fall under the category of ideas. To stand a business or an investment, we need different people and their specialties, lawyers, idealists, techie, etc help in making up a valuable company. Those who claim to have all the factors tend to fail trying to invest money. The ideas we implemented in a specific field and were successful can lead us to a den of failure in another field. This is where diversification in experts comes erupts. Because you success in bitcoin investment, by reading articles, won't guarantee success in the real estate business by the same method of reading books by real estate authors. In the chase for multiple streams of income, like the wealthy do, to secure their level at the top,  ideas are needed to help us grow in a fresh and unique department.

It's a self-will that going to drive you to pursue your goals, it's true that even coming from scratch the chance is also possible, as long
as you have that determination, and you are willing to work with your progress.

Sometimes you can use that opportunity to work first and receive decent amount of salary before you engage
yourself to some idea that may change your life.

Possibilities are always open as far achieving is concerned, it's your path to take and your own knowledge to bring the success in life.

Both are very important and for me I believe idea is more important. Some people have the money but they lack Idea to put the money into proper use by themselves and even when they are able to get someone else to help them build the structure, they still lack wisdom to know what they are doing with the money but someone who has the idea without his personal money can get a loan to finance the idea that he has.

Moreover someone who has that idea has more chances to grow faster than the person only bringing in money for another person to invest for them.

Indirectly in this case we must have several points to support maximum results. and I agree with this because however all aspects such as ideas, money, knowledge, planning and so on must be a unity and one of them cannot be missing because it can change in terms of results.
Because after all, ideas without money will only be an obstacle, besides that there is money that we can realize but do not have more knowledge about investment and do not study it first, it is also a careless act.
Or there is a good idea and adequate money but not accompanied by careful planning it can also backfire on ourselves so it is important to realize that if we really want to succeed in the goals we want to achieve then at least we have to be more serious in looking at some situations so that some of the sub that supports success is still there even though we are not fully expert but if there is a basis that we understand then it will be better.

We don't have to necessarily work in a high paying jobs before we can conceived an idea of starting something on our own to make us independent, I've seen many who all started from the scratch when things were at the preliminary level before they turned out to a very big achievements, we needed more efforts in all we do, this is the beginning of what turns a huge success when we work on our ideas and develop them.

It only gets more complicated if you don't have a highly, well-compensated job. But if you work in a big company and owns a high position, saving for capital is quite easy. However, for some low paying jobs, saving a capital creates a big pressure on their part.

But let's just say that you have the money, ideas and good plans on your investment, then the rate of success is high. But if one lacks, that will be a great challenge for those who run the investment as seeing it sucessful is kinda hard.

If there is no idea how to make money, there is no reason to invest in some kind of investment scheme. That's why, in an investment opportunity, we need to know how to choose legitimate investment schemes. Because if we have knowledge about it, we will see that it is not good, and we will not attempt to invest in it.

That's why investors need to be cautious and smart so that the capital investment that we will use in an investment opportunity is not in jeopardy. Therefore, the idea of investment is that it contributes a lot to our choosing the right one.