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Topic: Investment mindset key in creating wealth (Read 140 times)

legendary
Activity: 3276
Merit: 2442

You guys forgot to mention the most important thing, 'punctuation'. Grin

Uhmm... punctuations.... aahh yes yes I think I know a thing or two about punctuations too. The root of the word punchtutation is the verb, to punch. (you make a fist and throw it someone's face) hence the derived word punchtutation (from "to punch") is the institutionalized form of punching. Basically you throw punches with style, like doing it while wearing a suit and a tie.

If you ask me it is the same shit on a different color but I ain't no expert on martial arts. Sometimes people are attracted to diff colors too. It is all about psychology.

Human psyche is a whole another topic. I know a thing or two about it too but I don't want to go off-topic here.
member
Activity: 196
Merit: 60
If only it were as simple as you write, OP. Read motivational books, watch videos about successful investors, change your thinking, and that's it... but alas. Thinking correctly does not mean being like you think. Any business requires capital; to properly manage this capital, knowledge, good education, etc., are necessary. To be a successful investor, you also need funds, and here comes the question of time. How long are you willing to wait until you decide that you are rich? If your investments on the path to wealth are small, you will wait a very long time, and one lifetime is not always enough.

Having the mindset of a wealthy person will increase your chances of becoming wealthy. Whatever you do in your daily life you will mostly follow the footsteps of a wealthy person.

(Rich and wealthy have different meanings.)

•A wealthy person does not show off.
•Pays his bills on time. Not early, not late. On time.
•Borrows money almost always to make more money. (Make investments)
•Doesn’t borrow money to buy liabilities. (Luxury stuff)
•Anything luxury he has probably either was a gift or bought it for free.
•He is planned. He has a schedule for anything ahead.
•Doesn’t like to work under someone else. He’d rather work for himself.
•He is not afraid of taking risks.
•If the same product is 5% cheaper in a store that is a couple blocks away, walks there. (Unless he can make more money than 5% by doing something else in that 5 mins)

I can probably give you more examples but that’s it for now.


You guys forgot to mention the most important thing, 'punctuation'. Grin
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time and since it's created their are steps that you need before wealth can be created and one of such steps is to change your mindset and believe system that one has concerning wealth because the fact is that true sustainable wealth is created via investment that returns profits on investment and has a great potential of growth over a given period of time
Wealth is not only cornered on investment, many people out there can become rich and live comfortably not because of the investment that is made and profitable. Investment is something that can be said to be risky because if it is done without any knowledge at all then it is possible that we can experience losses, besides that I think not everyone can invest while to work or have a good mindset everyone can do that.

When you see someone who is successful because they make a lot of profit through investment, it is not wrong for you to be motivated by it, but you must also think that investment is not an easy thing to do, it requires very mature consideration to avoid risk even though the risk is definitely there and happens because there is nothing that does not have a risk side.
legendary
Activity: 3276
Merit: 2442
Having the mindset of a wealthy person will increase your chances of becoming wealthy. Whatever you do in your daily life you will mostly follow the footsteps of a wealthy person.

(Rich and wealthy have different meanings.)

•A wealthy person does not show off.
•Pays his bills on time. Not early, not late. On time.
•Borrows money almost always to make more money. (Make investments)
•Doesn’t borrow money to buy liabilities. (Luxury stuff)
•Anything luxury he has probably either was a gift or bought it for free.
•He is planned. He has a schedule for anything ahead.
•Doesn’t like to work under someone else. He’d rather work for himself.
•He is not afraid of taking risks.
•If the same product is 5% cheaper in a store that is a couple blocks away, walks there. (Unless he can make more money than 5% by doing something else in that 5 mins)

I can probably give you more examples but that’s it for now.
legendary
Activity: 2072
Merit: 4265
✿♥‿♥✿
If only it were as simple as you write, OP. Read motivational books, watch videos about successful investors, change your thinking, and that's it... but alas. Thinking correctly does not mean being like you think. Any business requires capital; to properly manage this capital, knowledge, good education, etc., are necessary. To be a successful investor, you also need funds, and here comes the question of time. How long are you willing to wait until you decide that you are rich? If your investments on the path to wealth are small, you will wait a very long time, and one lifetime is not always enough.
full member
Activity: 714
Merit: 174
When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy
The people that see wealth as something that they have to just be patient and wait their turn to become wealthy may never become wealthy because wealth requires action action in investment and action in discipline to make sure that we do not squander the profits and the investments when we finally make it. Wealth is not on a turn by turn basis it is only for those who desire it and take conscious action. The mindset of investment is not only key to creating wealth, it is also key to maintaining wealth.
hero member
Activity: 574
Merit: 554
Leading Crypto Sports Betting & Casino Platform
When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time and since it's created their are steps that you need before wealth can be created and one of such steps is to change your mindset and believe system that one has concerning wealth because the fact is that true sustainable wealth is created via investment that returns profits on investment and has a great potential of growth over a given period of time
Some religious or traditional leaders believe that life is fated. They teach that people are destined to be poor or rich. If you are destined to be poor, no matter how you work hard, you will never get rich. While those who are destined to be rich, might not even work hard to be rich. Some of them give examples of people who win jackpots in betting or inherit wealth.

It is not bad to believe that some supernatural forces determine the outcome of our lives but it is wrong to depend on luck for your success. Getting rich is a conscious and continuous process of saving and investing in profitable ventures. It involves the process of spending less than your income and investing your savings wisely. It involves identifying opportunities and maximizing it.      
member
Activity: 196
Merit: 60
When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time and since it's created their are steps that you need before wealth can be created and one of such steps is to change your mindset and believe system that one has concerning wealth because the fact is that true sustainable wealth is created via investment that returns profits on investment and has a great potential of growth over a given period of time

You have written too much probably it is good time to read a little. Grin
Ever heard of punctuations?
Punctuation in English serves to clarify the meaning of written text and guide the reader through the structure and flow of sentences. It helps to organize thoughts, making it easier to read and understand complex ideas.

Since you are new here (comparatively Grin) I will suggest you devote your 99% of the time reading and grasping concepts instead of spamming jumbled up generic nonsense.
Next time I will report such behavior of you, have some respect for the time and energy of others.

   
member
Activity: 470
Merit: 61
When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time and since it's created their are steps that you need before wealth can be created and one of such steps is to change your mindset and believe system that one has concerning wealth because the fact is that true sustainable wealth is created via investment that returns profits on investment and has a great potential of growth over a given period of time

Of course, the wealth that is obtained requires hard thinking to achieve it, so too with investment, that is the path to wealth with the existing procedures and wealth will come to those who think more advanced  for the future, although it is necessary to try to make investments that are suitable to be done with a positive mindset.of course in order to get what is expected.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
i agree wealth or success is not something that you have to wait for it’s something you have to work hard for yes patience must be involved but also hard work and determination are needed if you just wait for wealth to happen naturally then you’re waiting for nothing
Hard work and determination will lead to a good education and then earnings, investment comes once you start earning you look into the assets available at hand and then start putting money on them. For this a good income source is necessary and so is financial literacy. Most of the people dream big but they lack the first one, because they are not willing to work hard for a decent income. That is what youth is for, you earn now so you can reap in the older age.

Patience is important in making deals, observing characters and putting in the right investment at the right time. All these are virtues and the relative lack of them leads to a bad investor.
full member
Activity: 644
Merit: 202
When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time and since it's created their are steps that you need before wealth can be created and one of such steps is to change your mindset and believe system that one has concerning wealth because the fact is that true sustainable wealth is created via investment that returns profits on investment and has a great potential of growth over a given period of time
Yes, that's right. Having a mindset to invest is one way to create wealth and discipline is the key, there is no compromise, all we can do is try and be patient. So it is true that investment is one way to create wealth for the future. To become a successful investor, of course, you must have a hobby of reading and enriching yourself with a lot of knowledge/information and investors must have a mindset that never gives up, and always think positively, optimistically, constructively.

So, wealth does not come by itself, everything takes a process so that wealth is definitely created by itself. Maybe there are people whose wealth comes by itself, but this only applies to lucky people, but the majority of wealth must be created by themselves. In fact, almost all rich people start from When doing something not half-heartedly, it must be 100% and must know the priorities so that from all of that an opportunity is created to become rich. What everyone must have to create wealth is a work ethic towards what is being done and every time we get the opportunity, we must bring out 100% of our abilities.
full member
Activity: 322
Merit: 194
When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time and since it's created their are steps that you need before wealth can be created and one of such steps is to change your mindset and believe system that one has concerning wealth because the fact is that true sustainable wealth is created via investment that returns profits on investment and has a great potential of growth over a given period of time
Your point about the wealth creation period has a lot of depth where people are pooling their efforts and racing to get rich even we who are trying to impart knowledge through forums. Mindset changes over time to understand reality and act accordingly. The intelligence and considerations of middle age are vastly different from when you were a teenager. You are chasing money which is a forced situation for most people and you need to earn more because you will buy another flat or buy another car with additional desires. A desire for the poor to eat on time is a strong desire that varies according to circumstances and places.
For African countries the majority of wealth owned by a handful of people is responsible for increasing the number of poor. Your efforts to create wealth should be realistic and have realistic plans with mental aspirations.
hero member
Activity: 700
Merit: 577
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When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time and since it's created their are steps that you need before wealth can be created and one of such steps is to change your mindset and believe system that one has concerning wealth because the fact is that true sustainable wealth is created via investment that returns profits on investment and has a great potential of growth over a given period of time
There will be no chance to get richer if you just wait for the time because someone who wants to achieve wealth in finance must do something big to start it. We realize how difficult it is to achieve wealth because there may be many problems that may not be handled properly and to achieve financial wealth we must sacrifice many things to start especially regarding the capital we use. Not everyone is rich from investment but the path may be easier through it because now there is a method that may be able to be run.

It takes time, hard work and opportunity to achieve financial success because even though we are not in the ranks of rich people, if the process is passed properly it will definitely provide the best ability in the financial field. People try to change their lives for the better in a fast way and it is not easy at all and may be difficult for us to get because changing something requires planning, strategy and time.
Wealth is something that is created when the right mindset is there because one thing that is common among the wealthy people is that they see things differently from the way the ordinary man sees things and that is the starting point of creating wealth because mindset players key role it's when the right mentality is there that one can be thinking of increasing his wealth base by finding a business that he can invest into and create wealth

There should be a shift in the way and manner that people view things as becoming wealthy has a link with your mindset as it's critical and important in the process that leads to wealth creations
hero member
Activity: 1820
Merit: 747
When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time and since it's created their are steps that you need before wealth can be created and one of such steps is to change your mindset and believe system that one has concerning wealth because the fact is that true sustainable wealth is created via investment that returns profits on investment and has a great potential of growth over a given period of time
There will be no chance to get richer if you just wait for the time because someone who wants to achieve wealth in finance must do something big to start it. We realize how difficult it is to achieve wealth because there may be many problems that may not be handled properly and to achieve financial wealth we must sacrifice many things to start especially regarding the capital we use. Not everyone is rich from investment but the path may be easier through it because now there is a method that may be able to be run.

It takes time, hard work and opportunity to achieve financial success because even though we are not in the ranks of rich people, if the process is passed properly it will definitely provide the best ability in the financial field. People try to change their lives for the better in a fast way and it is not easy at all and may be difficult for us to get because changing something requires planning, strategy and time.
sr. member
Activity: 728
Merit: 444
When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time and since it's created their are steps that you need before wealth can be created and one of such steps is to change your mindset and believe system that one has concerning wealth because the fact is that true sustainable wealth is created via investment that returns profits on investment and has a great potential of growth over a given period of time

You can't become wealthy by only changing your mindset because you have to add actions to your change of mindset. Wealth is mostly created but when you aren't the one that created it, you would take it for granted and that's what happens when people inherit wealth. Wealth needs time hence you can't force your way to wealth or get it when it isn't your time to have it. Wealth comes after you have done lots of investing and dedicated time and resources.

You need to change your mindset to become wealthy and think more about investing instead of always spending. You too have to consider buying assets with every money that you have to secure your future and when you have gotten the wealth then you can buy some things that you want but for the beginning, you shouldn't throw away money acquiring liability that'll not be of any use in building you
sr. member
Activity: 1400
Merit: 268
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I would say that building wealth typically require smart investments and a positive mindset, one of which is understanding how to diversify assets in crypto, equity, bonds, real estate and other type of investments for risk management and steady growth. But I also believe timing, luck, and other outside factors can also has significant effect. Though it is true that mindset and strategy are important, we should not forget to be flexible in order to adapt to the economic conditions or emerging opportunities. Long term planning, combined with an understanding of short term economic and investment trends will most likely make all the difference.
hero member
Activity: 3108
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January 08, 2025, 11:01:47 PM
#5
it pretty much is, but with prerequisites that the APR is good enough for it to beat inflation and for it to be worth your time, you don't get rich from investing into deposit with 3% interest, you become rich by compound investing into asset with APR higher than 25% which also mean risky investment that could potentially make you lose your money.

investment is key in creating wealth, but depend on what you're investing at the end of the day, it definitely isn't as easy as it seems and people need to be conscious that there are many thing to consider when investing.
hero member
Activity: 2604
Merit: 816
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January 08, 2025, 10:52:54 PM
#4
I believe that wealth will comes when its time. We should work smart and work hard to make it happen and never give up before we achieve our goals. Yes, change our mindset will be necessary so we can use different ways to make money.

Many people stick to their plan and do what they thinks that can helps them to achieves their goals. But they should thinks that in the middle of their journey, they need to modify their plan or strategy to adapt to the situation. If they can not adapt with the current situation, they will difficult to achieve their goals.

So changing your mindset, modify your plan, and still work smart and work hard will give you more chances to achieve your goals. You deserve to reach what you want but with the right ways.
hero member
Activity: 3010
Merit: 794
January 08, 2025, 09:41:39 PM
#3
When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time and since it's created their are steps that you need before wealth can be created and one of such steps is to change your mindset and believe system that one has concerning wealth because the fact is that true sustainable wealth is created via investment that returns profits on investment and has a great potential of growth over a given period of time
You wont really be that only needing up that mindset but also you would really be needing up to act accordingly because on the time or moment that you will be having that kind of mindset but ending up on having no actions been made then those things will really be just that ending up on being imaginary and this is something that someone must that trying out to avoid on which you are really that only good on thinking but not really that much trying out to deal with actions then there's nothing will happen into you. This is why it is really that important that you dont really just think but also you do need to act fast and start up on trying to build up your plans and achieve your dreams.

Be prepared on tons of disappointments and other correlated emotions as this journey wont really be that easy. Achieving the pinnacle of success or speaking about wealth or getting rich isnt really that an easy path to take. Tons of trials and errors, emotional struggle, psychological problems and etc.. will really be that be felt out. We do know that there are tons of paths that we could take but make it sure at least that you do choose up on whats will be that in part of your passion. Dont make yourself that easily quit up when you do failed up on a certain investment or business, as much as possible you do really know at least on what you should gonna do and controlling your mindset to become that much tougher and wont be that becoming impulsive in the end of the day.
full member
Activity: 2170
Merit: 182
January 08, 2025, 06:36:40 PM
#2
When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time
i agree wealth or success is not something that you have to wait for it’s something you have to work hard for yes patience must be involved but also hard work and determination are needed if you just wait for wealth to happen naturally then you’re waiting for nothing
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