Investing only for the rich? Think again - page 8.

CryptocurencyKing

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Quote from: South Park on April 04, 2021, 03:32:10 PM

those rules are there in order to protect people from falling into scams but what they really do is that they make the poor poorer and the rich richer.

Could this really be the cause for poverty, really! I doubt very seriously. In my many experiences with being broke, I got to discover that despite the fact that these rules and policies do exists, the cause of poverty is deep in a man's mind. It resides in your in ability to convert your ideas into its physical equivalent to solve a problem and generate income. The policies might play a role but its still up to you to find a way and break out and create value.

Aside from actually funding an investment, the challenge lies in its management. This is were the rise and fall of businesses or investments are and so many people let there wants come before the investment package and as such, they don't do so well growing.

Issa56

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Investment is not for the poor I will direct my fact to cryptocurrency, both the poor and the rich can invest in Cryptocurrency depending on your mindset and your discipline you don't have to be rich before you can invest in a coin you can invest the little you are having to make maximum profits, the rich people you are seeing currently also started from somewhere they where not born rich they where once poor and started investing with the little they are having until they become rich, so you can also start investing with the little you are having and become rich in the nearest future. So don't believe or think only the rich can invest or because u don't have much you won't invest investment is for everyone.

South Park

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Quote from: teosanru on April 03, 2021, 03:52:59 PM

Capitalism is based on the fact that money makes money but there is no minimum requirement of money needed to make more money. Therefore everyone can invest to gain more, I think saving and investing is pretty common in Asian countries while it's not a very prevalent habit in the US and west due to good social security schemes. I think investment is just means creating a source of additional income for you rather than just having some money for need.

Why don't you add more points like power of compounding etc.

This is not really accurate, in the United States in order to be considered to be an accredited investor you need to either earn 200,000 dollars each year for the last two years or have one million dollars in net worth, and if you do not have that then you're going to miss the best opportunities that the market has in order for you to make money, supposedly those rules are there in order to protect people from falling into scams but what they really do is that they make the poor poorer and the rich richer.

bitgolden

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Quote from: conected on April 04, 2021, 05:27:15 AM

Quote from: MCobian on April 03, 2021, 08:33:38 PM

Most of the investments are indeed made by the rich, therefore it is not surprising that the rich will get richer. Because they don't work for money,
but money that works for them. So most of the rich people do buy most of their money as assets, so his wealth can continue to grow. But that
doesn't mean investing is only for the rich, because poor people can invest if they have the same mindset as rich people. So the conclusion is
an investment for everyone. Therefore, if we want to be rich we have to invest. We can't just rely on the fixed salary we get for working.

- The rich really have many good conditions for making investment plans while the poor are in a state of exhaustion, whether they have many good or creative ideas, the rich will take it away with a certain amount of money, the rich will reach more peaks, the poor will lose an opportunity to change but in return, the position of the poor can be through more enhanced. Position in society and in business is equal to income, as soon as the poor have new ideas, they can deploy with their money and become rich, investments allow all classes to participate but the rich will move faster and the poor will be forced to move slowe

When you are rich, you have network, and you do not care about regular daily costs of life neither, that gives you power to get richer a lot, many of us would be rich if we had that kind of freedom. Let's assume that all of your regular costs, rent (or directly a house given), food, everything down to netflix subscription all paid and you earn your regular salary on top of that, your salary is the money given to you so that you can invest, even if you are not allowed to live super wealthy, your current life is all paid for, and your salary is given for trading. You would become rich like these wealthy people in 20 years as well, you will be insanely rich, would have 100 million dollars by the end.

This shows us that people who are trying to survive cannot become this wealthy, they have to cover regular life issues, and the people who become wealthy do not have those problems. You think Jeff Bezos was poor when he started? Dude got 250k dollars money given to him by his parents, he was always "rich" he just became wealthy.

jaberwock

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Quote from: Peanutswar on April 03, 2021, 03:38:44 AM

The investment aspect is for all the people it depends how they manage that investment, I think this is a wrong perspective of the people that investment is for only the rich they easily notice because they got a lot of things. Even in the lower class, there are people makes investment by this they have slowed progress on their life even though does not high investment like the rich but still they some amount. There are people who make an investment first on their knowledge so when the right comes they know and handle what to do you don't need to rush everything to become rich just know everything.

I have been involved for a very long time and I can tell you that smaller investments matter a lot. What people do not realize is that those huge rich wealthy people need maybe billions of dollars to show as profit, whereas regular people who make 50k a year would need maybe 2 million dollars and that would be nearly enough. This is why I think it is quite important to realize we are not going to make as much money as those rich people, but we are going to make a lot of money compared to what we make as salary.

This is why I have been investing for a long time, I haven't made too much but I have done a bit, and that is what I was looking for, I have enough money to cover half a year's worth of salary for example, but idea is to have 10 years worth of salary and retire, that is more than enough for me and I think it could be done as well if I keep this up.

matchi2011

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Quote from: MCobian on April 03, 2021, 08:33:38 PM

Most of the investments are indeed made by the rich, therefore it is not surprising that the rich will get richer. Because they don't work for money,
but money that works for them. So most of the rich people do buy most of their money as assets, so his wealth can continue to grow. But that
doesn't mean investing is only for the rich, because poor people can invest if they have the same mindset as rich people. So the conclusion is
an investment for everyone. Therefore, if we want to be rich we have to invest. We can't just rely on the fixed salary we get for working.

For everyone who have the same desire, it's tough to compete with rich investors but there are also small investors who are
capable of work things out to favor their positions.

It's not easy but it's always possible to anyone, success depends from how you maximized all those venues where you can find
the right knowledge and good understanding with the investment that you are going to participate.

markdario112616

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Only rich can invest in best business is a myth and will stay a myth. Tbh, an average living individual who have spare amounts to spend with can also have a best investment under a good and established publicy traded business. It's a matter of how will you put your money on the market. There are a lot of trading platforms you could use and if don't want to daily monitor your investment then go to a legit broker.

The thing is, we are bound to do so much better even we are limited. We just need to find or look for better opportunities and be smart about it. Set goals, and then plan and organize. Not all rich people today are born rich, they were once an ordinary people like the most of us, but they focus on what they want to be and become who they are now.

conected

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Quote from: MCobian on April 03, 2021, 08:33:38 PM

Most of the investments are indeed made by the rich, therefore it is not surprising that the rich will get richer. Because they don't work for money,
but money that works for them. So most of the rich people do buy most of their money as assets, so his wealth can continue to grow. But that
doesn't mean investing is only for the rich, because poor people can invest if they have the same mindset as rich people. So the conclusion is
an investment for everyone. Therefore, if we want to be rich we have to invest. We can't just rely on the fixed salary we get for working.

- The rich really have many good conditions for making investment plans while the poor are in a state of exhaustion, whether they have many good or creative ideas, the rich will take it away with a certain amount of money, the rich will reach more peaks, the poor will lose an opportunity to change but in return, the position of the poor can be through more enhanced. Position in society and in business is equal to income, as soon as the poor have new ideas, they can deploy with their money and become rich, investments allow all classes to participate but the rich will move faster and the poor will be forced to move slowe

dudusix9

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I don't think that's true. The rich will definitely earn more money than people like us just because they are also investing money much larger than ours. But if their investment fails, then they also lose a lot of money compared to us. I believe that investing is not for everyone, and definitely not just for rich people. You can still diversify your investments if you don't have that much money. As for me, I invest mostly in BTC, ETH, a small bag of alts, and shares of a stock. It doesn't matter how much you invest, its how you invest it that matters.

MCobian

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Most of the investments are indeed made by the rich, therefore it is not surprising that the rich will get richer. Because they don't work for money,
but money that works for them. So most of the rich people do buy most of their money as assets, so his wealth can continue to grow. But that
doesn't mean investing is only for the rich, because poor people can invest if they have the same mindset as rich people. So the conclusion is
an investment for everyone. Therefore, if we want to be rich we have to invest. We can't just rely on the fixed salary we get for working.

blackened515

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Quote from: Ludmilla_rose1995 on April 03, 2021, 08:58:54 AM

Yes, it is true. I agree that investments can be made by anyone at any time without having to have a high income. Before knowing bitcoin I invested part of my income in gold (jewelry). even though I am not a person who has a large income. and now I'm investing in bitcoin and some altcoins that I think have potential in the future. Regardless of our income, we should invest in a better future.

Truly, investment is not for the rich but also got the poor, you can say the rich has constant amount of money than it comes for the poor, the poor has the longest period to become financially free and so people think they are not actually investing. As long you are gradually investing and reinvesting simultaneously makes you be chosen as the rich.

verita1

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I agree! Discipline, patience to wait for the long-term investment of a profit in the case of bitcoin and I believe that it is also valid for the entire crypto market.
We are fortunate to come across bitcoin to know that if we can invest, the amount of money does not matter. We just need the discipline, vision and goals to achieve any purpose.
I'm sure the results will be the best if we know how to wait.

teosanru

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Quote from: paxmao on March 29, 2021, 12:04:11 PM

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.

Capitalism is based on the fact that money makes money but there is no minimum requirement of money needed to make more money. Therefore everyone can invest to gain more, I think saving and investing is pretty common in Asian countries while it's not a very prevalent habit in the US and west due to good social security schemes. I think investment is just means creating a source of additional income for you rather than just having some money for need.

Why don't you add more points like power of compounding etc.

LUCKMCFLY

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Quote from: Alert31 on April 03, 2021, 12:47:14 PM

Quote from: Kittygalore on April 01, 2021, 05:38:40 AM

Correction, investing is only for the people with the money to spare, the risk tolerance, the knowledge and the opportunity to invest. Yes OP is right that investing is not only for the rich but there are some things that you should qualify before you can invest without the worry of pulling out your investment.

I agree with you! Investing is for all who are capable to invest their money, time and effort and not only for the rich people. If only rich people could invest, then there are no other people become rich in the future. If I think that only rich can invest and poor can only work for them and no rights to invest for the rest of their life, it was unfair!

Only two things are needed for investment:

1.- The money you are willing to invest.
2.- Discipline to wait as long as necessary until receiving benefits.

There is a book called "The little book that still beats the market" indicates that what is necessary to make a good investment and get rich is knowing how to choose the safest and most potential stock (in this case crypto), which is well known. That work is already more than done, it is Bitcoin, and wait 8 to 10 years, at that time you will be rich, of course in the Bitcoin market it is different because the bullish trend time usually tends to be 3 -4 years for the price to rise and to new highs.

If a person who is not rich, makes the investment in Bitcoin quite strong with considerable money, he could be rich in a few years, one should not doubt it, just have the patience and the necessary stomach not to withdraw the money from the investment.

AndySt

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Quote from: AicecreaME on April 03, 2021, 08:26:08 AM

Your goal in investing is to be rich, even you're a normal man having a regular job, yes it is possible as long as you have the money no matter how small it is, however it will take some time to be multiplied. Giving up on your dreams because you're poor is your mistake, the majority of us thinks that way, which is wrong. Instead of making it a handicap for, we should make it a strength, a reason to strive even more for success, we need hunger for success to make our dreams come true.
So if you think investing to something will give you a nice fortune, then do it, don't have second thoughts about it. If you failed, that's normal, try again and again until you get what you really wanted. Simple as that.

The main purpose of investing can also be to protect financial resources from inflation, for this you can use less aggressive and risky investment strategies. This may be a particularly popular reason in the current difficult economic conditions, when money itself ceases to play its saving role. Many people would certainly like to earn a large fortune in a short period of time, but not everyone is willing to take a big risk for this, and for such people, more mundane goals for investing such as protecting savings from inflation are quite suitable.

Alert31

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Quote from: Kittygalore on April 01, 2021, 05:38:40 AM

Correction, investing is only for the people with the money to spare, the risk tolerance, the knowledge and the opportunity to invest. Yes OP is right that investing is not only for the rich but there are some things that you should qualify before you can invest without the worry of pulling out your investment.

I agree with you! Investing is for all who are capable to invest their money, time and effort and not only for the rich people. If only rich people could invest, then there are no other people become rich in the future. If I think that only rich can invest and poor can only work for them and no rights to invest for the rest of their life, it was unfair!

Ludmilla_rose1995

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Quote from: paxmao on March 29, 2021, 12:04:11 PM

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.

Yes, it is true. I agree that investments can be made by anyone at any time without having to have a high income. Before knowing bitcoin I invested part of my income in gold (jewelry). even though I am not a person who has a large income. and now I'm investing in bitcoin and some altcoins that I think have potential in the future. Regardless of our income, we should invest in a better future.

AicecreaME

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Your goal in investing is to be rich, even you're a normal man having a regular job, yes it is possible as long as you have the money no matter how small it is, however it will take some time to be multiplied. Giving up on your dreams because you're poor is your mistake, the majority of us thinks that way, which is wrong. Instead of making it a handicap for, we should make it a strength, a reason to strive even more for success, we need hunger for success to make our dreams come true.

So if you think investing to something will give you a nice fortune, then do it, don't have second thoughts about it. If you failed, that's normal, try again and again until you get what you really wanted. Simple as that.

Peanutswar

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The investment aspect is for all the people it depends how they manage that investment, I think this is a wrong perspective of the people that investment is for only the rich they easily notice because they got a lot of things. Even in the lower class, there are people makes investment by this they have slowed progress on their life even though does not high investment like the rich but still they some amount. There are people who make an investment first on their knowledge so when the right comes they know and handle what to do you don't need to rush everything to become rich just know everything.

Lorence.xD

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Quote from: pinggoki on April 01, 2021, 09:13:45 AM

I hate to admit it but yes there are some point that the rich are the only ones who has the capabilities to invest and this is because even though the investment becomes failed then they will not be able to regret it because they have the money or the assets to rebuild again the investment that has been lose. And that's the reality, the rich has the second chances and the poor doesn't have, this is why the investing is for rich only.

I agree with it but not necessarily rich people can invest, the right word is someone that has the knowledge about investing and can take risks without the risk of being destroyed when the attempt was a failure. The quote above is right that the rich has second chances but that doesn't necessarily means that investing is for the rich because poor people can still invest.

Topic: Investing only for the rich? Think again - page 8. (Read 2322 times)