It is easy to invest these days and thanks to those brokers, exchanges and platforms that made it easier for all of us. But the main problem is about the willingness of people to learn about investing.
You tell them to buy things at discounted prices, those things that are only categorized as their wants and they'll all in for it. But if you ask them to invest to learn more about investing and educate themselves about it, they have no time for it.
Topic: Investing only for the rich? Think again - page 12. (Read 2322 times)
People started from the scratch and became successful in life, though they weren't rich enough, gradual investments on potential projects gives them a fair profit in the long run. This is the secret to becoming rich which can be both practiced by the rich and poor.
Note that the rich only has long money in their account, that does not mean they are good investors, a poor guy in the street can equally invest a token over time and become richer than the rich, it's all about consistency in investments over time.
Note that the rich only has long money in their account, that does not mean they are good investors, a poor guy in the street can equally invest a token over time and become richer than the rich, it's all about consistency in investments over time.
Anyone can be an investor, rich or not doesn't mean much, agreed the rich have better opportunity to invest in any company they chose to invest on because of their huge capital, but there are opportunities for none rich people too, all you need is know the right place to invest on.
investment is not for the 'rich' but more precisely 'for the brave'...
Imagine you have millions of dollars but are afraid of losing money when investing, so until whenever you will not be willing to invest your money. warren buffet is an example of a 'poor person' who is not afraid to invest, he started investing since he was a teenager and continues to do so even though he is old.
Imagine you have millions of dollars but are afraid of losing money when investing, so until whenever you will not be willing to invest your money. warren buffet is an example of a 'poor person' who is not afraid to invest, he started investing since he was a teenager and continues to do so even though he is old.
BTC and popular cryptocurrencies like ETH, LTC, XRP, DOGE etc are proof that investing isn't only for the rich. Stories pop up on a regular basis discussing how some random, average person earned big amounts through crypto investments.
Personally, I feel it's easier to earn through crypto trading when compared to FIAT trading thanks to the increased volatility factor.
However, the biggest advantage that the rich possess over the rest is their ability to manipulate the market to their advantage(FIAT or crypto) as whales in my opinion.
Personally, I feel it's easier to earn through crypto trading when compared to FIAT trading thanks to the increased volatility factor.
However, the biggest advantage that the rich possess over the rest is their ability to manipulate the market to their advantage(FIAT or crypto) as whales in my opinion.
the statement that "Only the rich can invest" is a statement so that only the rich will get richer. so that kind of myth is no longer valid today. usually the statement is built as a stimulus so that people who do not dare to know the world of investing. it's just an out of date myth that the rich do to stay rich. In the business world, spreading this myth is a strategy, or by the argument that investing has a high risk, so that only the rich dare to take risks. lol (all investments have inherently risk characteristics).
money can indeed provide a lot of access, but that doesn't mean those of us who have minimal funds cannot invest. Therefore, with the presence of bitcoin and cryptocurrency, one goal is to break this myth (do we realize?)
money can indeed provide a lot of access, but that doesn't mean those of us who have minimal funds cannot invest. Therefore, with the presence of bitcoin and cryptocurrency, one goal is to break this myth (do we realize?)
Investment aren't only for the rich but there are certain assets that requires a minimum amount to be able to buy in and get a share on their company which may be the reason behind the myth of " Only the rich can invest in the best business" but there are loopholes to be able to get a share from these companies such as pooling of funds.
But not all investments on big companies can provide a huge profit as most of the higher profitable investment came from the brand new companies. They may be higher risks but the reward behind it is worth it.
Your progress from having a huge investment fund may be faster but it doesn't mean that having low funds to start on won't be fast also as there are ways and timing where you can expedite your investment faster. More research, knowledge and being able to keep up to the market news and opportunities will help you boost your way on profiting.
We can really tell the difference between those people who had bigger and deeper pockets than to those who do have just that minimum deposit or investment that they could possibly produce.But not all investments on big companies can provide a huge profit as most of the higher profitable investment came from the brand new companies. They may be higher risks but the reward behind it is worth it.
Your progress from having a huge investment fund may be faster but it doesn't mean that having low funds to start on won't be fast also as there are ways and timing where you can expedite your investment faster. More research, knowledge and being able to keep up to the market news and opportunities will help you boost your way on profiting.
There are indeed probabilities or chances that you can still make money out of those small capital but it would be definitely be a big challenge or would really be needing that extra effort
than to those who had bigger bankrolls or capitals because a slight movement in the price would really be a considerable profit gain for them but of course to think that theyve
been risking a lot higher compared to yours then its understandable.Its just the difference on the intensity of the fund that had been put out.
Investment aren't only for the rich but there are certain assets that requires a minimum amount to be able to buy in and get a share on their company which may be the reason behind the myth of " Only the rich can invest in the best business" but there are loopholes to be able to get a share from these companies such as pooling of funds.
But not all investments on big companies can provide a huge profit as most of the higher profitable investment came from the brand new companies. They may be higher risks but the reward behind it is worth it.
Your progress from having a huge investment fund may be faster but it doesn't mean that having low funds to start on won't be fast also as there are ways and timing where you can expedite your investment faster. More research, knowledge and being able to keep up to the market news and opportunities will help you boost your way on profiting.
But not all investments on big companies can provide a huge profit as most of the higher profitable investment came from the brand new companies. They may be higher risks but the reward behind it is worth it.
Your progress from having a huge investment fund may be faster but it doesn't mean that having low funds to start on won't be fast also as there are ways and timing where you can expedite your investment faster. More research, knowledge and being able to keep up to the market news and opportunities will help you boost your way on profiting.
Simple truth, not only the rich can go on investing, that is obvious a myth. Maybe in the past, the rich were always having access to wealth which goes down to the family lineage and that is why they (the rich) dominated. They had access to send their kids to good and best schools, access to better jobs etc and the money kept coming and was kept with the family and within them but this is not that way anymore.
Things have changed from when the rich only had access to factors of production and can grow wealth. Wealth is now everybody's thing to grab if you plan well plus wisdom not only if you have cash. Investment is everybody's business now, invest in some good coins, allow it to pump and you can buy an estate, Lamborghini, Ferrari etc
Most economic system is open market and it is survivals ground, you can be anything you want to and you see more people climbing into wealth.
I give example,I know somebody investing and bought 10 btc in last April when price came around $4,000. So how much is the difference now? That person invested wisely, not rich then but rich now. Investment is for every soul that likes to take the risk and diversify.
Things have changed from when the rich only had access to factors of production and can grow wealth. Wealth is now everybody's thing to grab if you plan well plus wisdom not only if you have cash. Investment is everybody's business now, invest in some good coins, allow it to pump and you can buy an estate, Lamborghini, Ferrari etc
Most economic system is open market and it is survivals ground, you can be anything you want to and you see more people climbing into wealth.
I give example,I know somebody investing and bought 10 btc in last April when price came around $4,000. So how much is the difference now? That person invested wisely, not rich then but rich now. Investment is for every soul that likes to take the risk and diversify.
On a recent post, I found out that quite a few replies mentioned that you can only diversify or have a varied portfolio "if you have a lot of money". I aim to contribute to a general financial education for the members of this forum (some could actually teach me, many are clueless). While in most countries, particularly in USA, some investments are reserved to qualified investors (typically high income or high worth individuals), there are many possibilities for the average guy to invest.
Myth: Only the rich can invest in the best business.
Reality: Anyone in most countries can invest in great companies and great assets from almost any amount. There are even funds out there that will let you invest from 10 USD or Euros. If you are looking to start your life investment (the earlier the better, see picture below), you may start by looking at Vanguard. These are the best know Index funds (I will write a post on active and passively managed funds some other day). Paper-thin fees and entry barriers are built-in.
Myth: Only the rich can invest in the best business.
Reality: Anyone in most countries can invest in great companies and great assets from almost any amount. There are even funds out there that will let you invest from 10 USD or Euros. If you are looking to start your life investment (the earlier the better, see picture below), you may start by looking at Vanguard. These are the best know Index funds (I will write a post on active and passively managed funds some other day). Paper-thin fees and entry barriers are built-in.
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