Investing only for the rich? Think again

molsewid

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Quote from: oHnK on July 01, 2021, 09:37:32 AM

It is undeniable that there are some poor people who are also mentally poor. But actually, I think more that the poor with weak mentality are those who have never migrated. Because if they migrate, their enthusiasm for life is higher so it will not rule out the possibility that they will succeed. Like the Chinese who are scattered in many countries, for example in my country. They come to my country because they are poor and can control the economy in my country because the spirit of survival is better than local residents who have never migrated. Likewise investing, the ones who dominate investment in my country are those of Chinese descent who migrated.

Investing is not only for the rich but it is for everyone but you have a point mate I mean there are some poor people who are also mentally poor. The environment you're in will certainly contribute a great factor to the mindset of a people. I mean I've been born and raised in a society where the common saying is "study hard so you may find a good job" and it is very seldom or I think I've never heard in my whole life that my parents said to me to "study hard and improve my financial literacy". Chinese people were being into a business and investment and that is what makes them good in terms of business.

conected

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Quote from: Rasa nanas on July 09, 2021, 10:09:56 AM

Investments can be made by anyone, the only difference may be the form and amount of investment. investment does not have to buy shares of large companies, even a plot of land owned by someone can also be called an investment. everyone is free to determine the form of investment, some choose stocks and some choose bitcoin. The choice is in your hand

- Agreed, the rich and the poor differ only in the size of their investments due to the imbalance in the initial capitalization but this is not as important as their investment schedules, scale is easy to increase with proper planning while some initial scale is too large in an area where there is no understanding, they are also quickly liquidated to the point of bankruptcy in the market. The anonymity in the investment market has also partly closed the gap between the rich and the rest, this is not a game that only needs to be rich to win, it needs more intelligence

Rasa nanas

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Investments can be made by anyone, the only difference may be the form and amount of investment. investment does not have to buy shares of large companies, even a plot of land owned by someone can also be called an investment. everyone is free to determine the form of investment, some choose stocks and some choose bitcoin. The choice is in your hand

Sirait

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Quote from: Invokergods19 on July 09, 2021, 01:51:37 AM

I think it's not only rich can invest in investment , the status of people is not basically that matter to who can invest. Cause in investment is all about the process on how will you manage the profit and save . Their a site also that you can invest in a small amount that law class people can afford to invest .

wrong mindset if someone says investment is only for the rich. even today someone who has $200 dollars can already invest, the point is that everyone must know clearly whether the investment he wants to enter has potential.

Invokergods19

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I think it's not only rich can invest in investment , the status of people is not basically that matter to who can invest. Cause in investment is all about the process on how will you manage the profit and save . Their a site also that you can invest in a small amount that law class people can afford to invest .

Prettyjing34

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The important thing is to learn to invest ，The rich can become richer by investing, but investment is risky. Maybe the rich will become poor the next day, and the same poor can become rich through investment, but the premise is that it must have the conditions for investment. All his money can be invested, so he takes a lot of risks. If the investment is successful, he will immediately become rich. If he fails, do you think he will have a strong mentality to deal with this? Therefore, it is still very simple for the rich to invest successfully, and failure will have no effect on the rich, but the poor have to think for a long time.

swiftbits

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Investments are collective money we worked for; a small amount of contribution would be enough.
Sometimes we forgot how to invest in ourselves to attain more financial gain.
Don't be hesitant; as long as there's progress, there's a possibility. Keep flourishing.

Tahsin Kabir Kollol

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Investment does not only for rich people. Anyone who has investment knowledge can earn through investment. If you have the right knowledge and skills, you can make a profit from any investment you make. However, it is true that those who have a lot of money can get some special benefits in terms of investment. For example, investing in total assets at a proportional rate reduces the value of the shares invested and retains the investment for a longer period of time due to a large amount of money. In many cases, those who have less wealth do not have the opportunity to re-invest in something once it has lost its value, so that the wealthy have the opportunity, so they can make more profit. However, it cannot be said that investment is only for the rich.

bhadz

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Quote from: oHnK on July 01, 2021, 09:37:32 AM

Quote from: bhadz on July 01, 2021, 07:39:34 AM

I don't say that the poor do have the disadvantage. The capacity that most have isn't that much and instead of investing, they're going first with their needs instead of investing in investments that we're going to suggest to them. Yeah, the mindset is very important but the situation also permits them not to be free from it. That's why someone who has a mindset of 'can do' is very important to them if they want to invest for their future.

It is undeniable that there are some poor people who are also mentally poor. But actually, I think more that the poor with weak mentality are those who have never migrated. Because if they migrate, their enthusiasm for life is higher so it will not rule out the possibility that they will succeed. Like the Chinese who are scattered in many countries, for example in my country. They come to my country because they are poor and can control the economy in my country because the spirit of survival is better than local residents who have never migrated. Likewise investing, the ones who dominate investment in my country are those of Chinese descent who migrated.

It's common that the Chinese people are more into investments and businesses, thanks to their ancestors who taught them to be entrepreneurs. That's part of the mindset that has passed been on being the current people as the heir of that thinking. It's beneficial for all of them because they're all dominating the world in terms of investing and businesses.

perryxi2

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i don't think so if it's really only rich people investing then this market can't develop some people in the average living standard they can still invest a few or some they are just workers every month All of them invest a small amount of salary, so investing can't be just for the rich .

oHnK

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Quote from: imstillthebest on July 01, 2021, 12:47:10 PM

Quote from: oHnK on July 01, 2021, 09:37:32 AM

Quote from: bhadz on July 01, 2021, 07:39:34 AM

I don't say that the poor do have the disadvantage. The capacity that most have isn't that much and instead of investing, they're going first with their needs instead of investing in investments that we're going to suggest to them. Yeah, the mindset is very important but the situation also permits them not to be free from it. That's why someone who has a mindset of 'can do' is very important to them if they want to invest for their future.

It is undeniable that there are some poor people who are also mentally poor. But actually, I think more that the poor with weak mentality are those who have never migrated. Because if they migrate, their enthusiasm for life is higher so it will not rule out the possibility that they will succeed. Like the Chinese who are scattered in many countries, for example in my country. They come to my country because they are poor and can control the economy in my country because the spirit of survival is better than local residents who have never migrated. Likewise investing, the ones who dominate investment in my country are those of Chinese descent who migrated.

when they are out of thier country they are also out of their comfort zone . they can do things that they dont normally do but not all are succesful .
in asian country there are lots of americans that became poor and now living in the street asking for some help and there are lots of americans that became succesful without needing to travel outside of their country .

When it comes to the US, doesn't that country have a long history of immigrants? The population in the US is also on average immigrants, this means they are people who have migrated. Which country is now a super power? Obviously the answer is US. If in fact you find that some are not successful then that is only a small part of the total success of the US population. As information, Jeff Bezos, who is the richest man in the world, is the son of Cuban immigrants to the US.

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Quote from: bhadz on July 01, 2021, 07:39:34 AM

I don't say that the poor do have the disadvantage. The capacity that most have isn't that much and instead of investing, they're going first with their needs instead of investing in investments that we're going to suggest to them.

Most of the time that's how things happened, instead of allocating funds for investment, they choose to use the money for their needs.

This how life with people who only have limited amount of funds, they can't force things to happened and they already accept that fact.

Quote

Yeah, the mindset is very important but the situation also permits them not to be free from it. That's why someone who has a mindset of 'can do' is very important to them if they want to invest for their future.

The will to make things happened also have such limitation, with people who don't have other means they are force by the situation. nothing can be done but to go with the flow, that's reality to those who really don't have any extras.

Jazzi Mahesh

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imstillthebest

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Quote from: oHnK on July 01, 2021, 09:37:32 AM

Quote from: bhadz on July 01, 2021, 07:39:34 AM

I don't say that the poor do have the disadvantage. The capacity that most have isn't that much and instead of investing, they're going first with their needs instead of investing in investments that we're going to suggest to them. Yeah, the mindset is very important but the situation also permits them not to be free from it. That's why someone who has a mindset of 'can do' is very important to them if they want to invest for their future.

It is undeniable that there are some poor people who are also mentally poor. But actually, I think more that the poor with weak mentality are those who have never migrated. Because if they migrate, their enthusiasm for life is higher so it will not rule out the possibility that they will succeed. Like the Chinese who are scattered in many countries, for example in my country. They come to my country because they are poor and can control the economy in my country because the spirit of survival is better than local residents who have never migrated. Likewise investing, the ones who dominate investment in my country are those of Chinese descent who migrated.

when they are out of thier country they are also out of their comfort zone . they can do things that they dont normally do but not all are succesful .
in asian country there are lots of americans that became poor and now living in the street asking for some help and there are lots of americans that became succesful without needing to travel outside of their country .

oHnK

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Quote from: bhadz on July 01, 2021, 07:39:34 AM

I don't say that the poor do have the disadvantage. The capacity that most have isn't that much and instead of investing, they're going first with their needs instead of investing in investments that we're going to suggest to them. Yeah, the mindset is very important but the situation also permits them not to be free from it. That's why someone who has a mindset of 'can do' is very important to them if they want to invest for their future.

It is undeniable that there are some poor people who are also mentally poor. But actually, I think more that the poor with weak mentality are those who have never migrated. Because if they migrate, their enthusiasm for life is higher so it will not rule out the possibility that they will succeed. Like the Chinese who are scattered in many countries, for example in my country. They come to my country because they are poor and can control the economy in my country because the spirit of survival is better than local residents who have never migrated. Likewise investing, the ones who dominate investment in my country are those of Chinese descent who migrated.

bhadz

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Quote from: Mahanton on June 30, 2021, 06:53:37 PM

Quote from: bhadz on June 30, 2021, 03:20:58 PM

Quote from: Shakazs on June 30, 2021, 10:54:02 AM

Investing is certainly for everyone, but not only for the rich.
It is easier to invest for the rich, because they can diversify their portfolio right away, unlike middle class representatives. However, they still can invest, little by little, slowly but steadily. Or they just can buy ETFs and that's it. Their portfolio is well-balanced and risks are hedged. That is the best option for passive investors who don't have neither time nor desire to reallocate their money on the daily basis.

The rich people have the advantage in investing because they don't have to work that much so that they can have the capital to invest with. While the normal class of people to average, we have to work hard first so that we've got money to invest in any asset that we've found.
Yeah, investing isn't for the rich only but we've got a lot of work to do before we can invest.

Rich people would always had the advantage but doesnt mean that poor ones cant really have the chance even though its very limited but we could still have the chance on earning profit if you are really eager and dedicated but since people does have different mindset then its just normal that outcomes would really be different into each individual. We could still invest from those in mid-ranking to poor ones since we can still have some funds too invest on even though not that big but if you do really know on what you are doing then its possible for you to make it big comes from small capital. Its just a matter of dedication and seriousness about your goal
in investment but of course you should know on what you are doing because not everytime we would really be successful.

I don't say that the poor do have the disadvantage. The capacity that most have isn't that much and instead of investing, they're going first with their needs instead of investing in investments that we're going to suggest to them. Yeah, the mindset is very important but the situation also permits them not to be free from it. That's why someone who has a mindset of 'can do' is very important to them if they want to invest for their future.

sumant

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Investing is not for the rich only, it can be done by anyone but taking profits from that investment or wait for time when to sale it can depends on your capital requirements meaning you don't need that capital early because investment is long term vision. Rich people can take this chances very easily but other with low capital can affect by their requirements. All in one anyone can invest taking their measures for long term vision.

Mahanton

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Quote from: bhadz on June 30, 2021, 03:20:58 PM

Quote from: Shakazs on June 30, 2021, 10:54:02 AM

Investing is certainly for everyone, but not only for the rich.
It is easier to invest for the rich, because they can diversify their portfolio right away, unlike middle class representatives. However, they still can invest, little by little, slowly but steadily. Or they just can buy ETFs and that's it. Their portfolio is well-balanced and risks are hedged. That is the best option for passive investors who don't have neither time nor desire to reallocate their money on the daily basis.

The rich people have the advantage in investing because they don't have to work that much so that they can have the capital to invest with. While the normal class of people to average, we have to work hard first so that we've got money to invest in any asset that we've found.
Yeah, investing isn't for the rich only but we've got a lot of work to do before we can invest.

Rich people would always had the advantage but doesnt mean that poor ones cant really have the chance even though its very limited but we could still have the chance on earning profit if you are really eager and dedicated but since people does have different mindset then its just normal that outcomes would really be different into each individual. We could still invest from those in mid-ranking to poor ones since we can still have some funds too invest on even though not that big but if you do really know on what you are doing then its possible for you to make it big comes from small capital. Its just a matter of dedication and seriousness about your goal
in investment but of course you should know on what you are doing because not everytime we would really be successful.

bhadz

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Quote from: Shakazs on June 30, 2021, 10:54:02 AM

Investing is certainly for everyone, but not only for the rich.
It is easier to invest for the rich, because they can diversify their portfolio right away, unlike middle class representatives. However, they still can invest, little by little, slowly but steadily. Or they just can buy ETFs and that's it. Their portfolio is well-balanced and risks are hedged. That is the best option for passive investors who don't have neither time nor desire to reallocate their money on the daily basis.

The rich people have the advantage in investing because they don't have to work that much so that they can have the capital to invest with. While the normal class of people to average, we have to work hard first so that we've got money to invest in any asset that we've found.
Yeah, investing isn't for the rich only but we've got a lot of work to do before we can invest.

radjie

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Quote from: secretgirl on June 01, 2021, 03:10:50 AM

Quote from: (o)(o)ilikeboobs(o)(o) on June 01, 2021, 12:19:43 AM

Warren Buffett was once a man with nothing and he built a huge fortune from a very young age. So the argument that business is only for the rich is wrong.
A poor person (poor as defined by the government) can still do business. They can get rich from anything that is not illegal. I believe we can all get rich if we know how to seize the opportunity.

Yes, I agree with your opinion, the argument that investing only for the rich is wrong. everyone, whether rich or poor today, can invest. maybe back then when technology was still not developed investment was only dominated by the rich. but not for now, everyone can invest with the main capital is knowledge, so as not to fall into the abyss of failure. Along with the development of technology, anyone can easily invest. one of them is investing in crypto currency. there have been many stories, someone who used to only have a low economy, but they were willing to learn and now has been successful and successful with crypto. So I also think that investing for now is not only for the rich.

clearly the wrong argument if investing can only be done by the rich. we all have the opportunity to invest, both in cryptocurrencies and other types of investments. what distinguishes between the rich and ordinary people (middle to lower class) is only the capital that is issued. but the opportunity to invest can be done by anyone even though they spend a little initial capital

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