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Topic: Investing only for the rich? Think again - page 9. (Read 2322 times)

full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
There are no requirements/Qualifications for investing as long as you have capital willing to risk with the hope that it will generate profits in the future. But for someone who's barely living with his/her hard-earned money enough to cover up their daily expenses, they can't risk just for the possibility of high reward in return. Yes, anyone can invest but not all people can bear the consequences of losing money.
sr. member
Activity: 1666
Merit: 426
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.
hero member
Activity: 2128
Merit: 520
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.




Investing isn't just for rich people but they have an edge and advantage since they have a bigger capital to use. Poor people still need to persevere and work hard just to have capital and gain a good profit out of it. We all know that a bigger capital has a bigger profit and that's the advantage of being rich yet it still isn't impossible for us to gain better despite being poor especially if we'll try to reach our target goal. It isn't true that we'll remain poor forever.

Reality indeed, the advantages are most in the side of large investors, they've got enough resources to continue

their journey without any interference to whatever things happened around them, unlike those small players who

really striving to find the sources of their investment, they are always being move by situations, if emergencies

hits them then there's no other option but forcely take out thier money.
member
Activity: 868
Merit: 63
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.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
Totally agree with you. We are living in a digital era where you are able to make investments in anything you see, both on the internet and on the physical life. There are too many assets for us to determine such as gold, stocks, cryptocurrency, bonds, real estate, or businesses. Thus, investing is not for those rich anymore.

In my country, people spend an immeasurable amount of money to invest in real estate. However, the situation has shifted sharply in recent years since bitcoin was introduced widely on the Internet, mostly thanks to social media such as Facebook where people keep sharing their profit and ways to buy, obtain bitcoin, cryptocurrencies, and NFTs. The opportunity has split among everybody and now access to an exchange or a broker is such a piece of cake

However, there are still bad-side effects. In the meantime, not many people are taught how to invest wisely and responsively. Our education system mainly focuses on mathematics, sciences, manager while trying to avoid giving economic courses and investing courses. That is why I witness people losing their money in any type of investment they make. The same situation happens with cryptocurrency. The FOMO effects carry the optimistic feelings but it does not teach us how to manage our funds and capital. If one day this bubble explodes, many people have to suffer a huge loss from being reckless in incautious
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
Investment is putting capital into assets with the hope of getting future returns. Investment is more than just saving, because there is the potential for high yields over a long period. Wealthy investors are always patient and can sleep soundly because they don't think much about their investment returns to the short-term, they plan how they can invest their savings over the long-term.
In modern times and increasingly sophisticated technological developments make it easier for us to invest, although the stock market is highly volatile and prone to instability, does not mean that those who have limited funds cannot invest, take a look at how the cryptocurrency market is developing and there is so many ways that can be done to profit in it.
full member
Activity: 658
Merit: 103
I agree with you. At some point investing these days is quite easy to enter specially that social media platform is easily accessible unlike before where it's hard to find the right team and search for their background.
legendary
Activity: 1372
Merit: 2017
I believe that nowadays nothing, or very few people, think that investing is only for the rich. As mentioned in the OP, mutual funds, or even cryptos, allow you to invest from $10. If you buy a fund indexed to the S&P 500 or MSCI World you are sufficiently diversified and with top tier companies. These funds have historically given a return of around 9-10%, which, if we discount inflation would be 6-7% but with regular contributions and compound interest, one can put together significant capital over the years. Then we could also look at the power of contributing small amounts, such as $10 to buy Bitcoin every week, which would give even more return. So no, investing today is not only for the rich, everyone has it within reach from their mobile and for small amounts.

full member
Activity: 1708
Merit: 126
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.




Investing isn't just for rich people but they have an edge and advantage since they have a bigger capital to use. Poor people still need to persevere and work hard just to have capital and gain a good profit out of it. We all know that a bigger capital has a bigger profit and that's the advantage of being rich yet it still isn't impossible for us to gain better despite being poor especially if we'll try to reach our target goal. It isn't true that we'll remain poor forever.
member
Activity: 1260
Merit: 21
Crypto delivered the investing to the common joe more than anything. I've never seen people be so riled about investing whether it be crypto or stocks before bitcoin's blowout story last Dec. 2017. So yeah, bitcoin literally turned the investment world upside down, both for the good, and for the worse as well.
You are right. I am taking my country for an example. People have never been into investments with any other investment opportunity like they have been into Cryptocurrencies in general. There was Forex trading before now and even though people invested but it wasn't like the surge of investment into crypto likewise stocks and the likes. I believe that crypto investment has really turned out to be for not just the rich but for just any average investor that wants to regardless of the out come.   
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
Crypto delivered the investing to the common joe more than anything. I've never seen people be so riled about investing whether it be crypto or stocks before bitcoin's blowout story last Dec. 2017. So yeah, bitcoin literally turned the investment world upside down, both for the good, and for the worse as well.
Its just a matter on how those common joe's do really take part on the market and what are their possible actions to take because we know that each one of us does have different takings
or perceptions once we do able to know neither on a typical market or on crypto.Investing isnt only for the rich but we cant deny that they do always have the advantage but doesnt mean
that you would really be stopped on making some step or move on where rich people are doing.You can do it but on the minimal side of thing.
Dont just think but you do need to act.

Many think about to get a great return you should have bigger amount to spend on and they forget to think about before you earn big you should focus on how to earn cents and make it more bigger thats wht there's a lot victim of scams since they think if they spend more money they can earn more from it. Thats why act with proper thinking to know what is good since even if you have small amount you can earn little by little when you are in the righr platform.
sr. member
Activity: 2226
Merit: 347
Crypto delivered the investing to the common joe more than anything. I've never seen people be so riled about investing whether it be crypto or stocks before bitcoin's blowout story last Dec. 2017. So yeah, bitcoin literally turned the investment world upside down, both for the good, and for the worse as well.
Its just a matter on how those common joe's do really take part on the market and what are their possible actions to take because we know that each one of us does have different takings
or perceptions once we do able to know neither on a typical market or on crypto.Investing isnt only for the rich but we cant deny that they do always have the advantage but doesnt mean
that you would really be stopped on making some step or move on where rich people are doing.You can do it but on the minimal side of thing.
Dont just think but you do need to act.
legendary
Activity: 1554
Merit: 1139
One of the ways that usually puts the reach ahead of the poor is vision. There ability to be visionary and always ready to invest for the future, take risk in a situation where most people wouldn't and gradually work it out to become the best 9f their situation.
There is no such thing as an investment only fir the weak! No, there is none and the earlier most of these fellows that feels intimidated by bitcoin price which continues to be on the rise, there is no better time or capital to invest than that which is available for purchase now. Get the right platform and kick start your journey.
sr. member
Activity: 1918
Merit: 370
Crypto delivered the investing to the common joe more than anything. I've never seen people be so riled about investing whether it be crypto or stocks before bitcoin's blowout story last Dec. 2017. So yeah, bitcoin literally turned the investment world upside down, both for the good, and for the worse as well.
hero member
Activity: 2408
Merit: 584
For me, Investing is for the rich but I'm not talking about your financial capability. What I'm talking about is investing is for the rich mindset. Your money will be a waste if you are investing without a rich mindset. Actually mindset is everything you need, you can become rich by having a rich and positive mindset. Investing doesn't just require a capital because you need to have a good mindset that will guide to become good in what you are doing. Focus also in acquiring knowledge first before putting your money in some investment in order for you to prevent suffering from major losses and for you to able to earn huge amount of money.
The thing is – it’s not a must that every type of investment will be the same with another investment, they are all going to be totally different, if you know what works for you then you should just go for it. The world is changing and the internet is taking and Bitcoin is the money of the internet, and I don’t see anything wrong with being part of the new trend and definitely if you invest in bitcoin now and decide to leave it for the next ten years, one thing for sure is that the value you have there will continue to increase for sure and that alone is a good reason to invest. So, you may grab those opportunity even you are not a rich right now.

I mean other investments maybe meant only for rich people and profitable only at times but bitcoin is not that category yet as it is still in its early stages. Even you can invest $100 today and it may grow 100x in next 10 years as per the past records of bitcoin investments' performances.
member
Activity: 1260
Merit: 21
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.
True to what you are saying but the rich most have also started from some where even though we understand that some of them are also in that position due to family inheritance however, there are many open opportunities for the rich to get into while the poor will have to really do the homework not to invest the little capital in a wrong investment but this does not mean that the highlighted is ruled out which is mostly the case for the poor anyways.   
member
Activity: 728
Merit: 63
$CYBERCASH METAVERSE
Rich are getting rich and poor are going down for the reason of undistribution and imbalance of wealth. In this world, people who have money get much facilities of money,health, hospitality, security, possibilities, inspiration and so on. But poor people rarely improve for lacking of help. One thing in crypto I like most that is, there are no boundaries about poor and no limitations for rich and poor. Everyone can get same facilities here.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
If it is about the property yeah r stock yeah, it is likely they are only for the rich man. However, in crypto, it is very very different. Everyone can invest in cryptocurrency, whoever he is. We can invest in crypto with a small amount. We can use the coins for trading and get profits from them. As long as we don't only follow the hype and we are eager to earn about crypto, trading, and also investment in crypto, it will be okay for us. However, the investment will always require risks. So, be ready for the risks themselves.
member
Activity: 512
Merit: 44
Anyone have the chance to make an investment but always rich have the time to put their money into the investment market the reason why are they have a lot of reserves assets that make them more convenient to put some and about the someone who can't invest because of lacking money they often afraid do invest because they don't want to risk everything its all or nothing for them so they choose to conserve their money than risking that money. We can't blame them because it's part of their needs
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
The rich invested once before they got from where they are right now, it may not be money entirely, but it has to be domething that they sacrificed. Some of us who can afford shaving a few hundred dollars off their paycheck every month has to learn how to invest, since it's really beneficial especially for people who are looking forward to a future retirement that they can enjoy. For the poorest of the poor, government subsidies are really needed, and save as much of your money as possible so you can afford to invest some of it and of cpurse for emergency funds as well.
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