Topic: Never expect you to be rich without investment - page 4. (Read 600 times)
I agree, investment is always not the only way though, sometimes owning a new business or creating a start-up can give more monetary benefits than investing in anywhere can give, for sure, investment on one's one abilities like education, skills give better returns than assets, and investing in stocks means one is investing in the established business itself, but owning a complete business which one can when they create a business is better, using their skills and knowledge. Saving up for emergency is also required, well since life is completely unpredictable!
Maybe life circumstances create different views on life, I personally see material wealth as just a small part of life and don't necessarily think of it as a tool that has everything. When we know how to be satisfied with the things around us, and the things we get are also for everyone around us, our efforts to get rich sometimes become futile because everyone needs to love, care, share and help.
However, in actual life in today's society, most of us let materialism be the goal of life, I think it's all part of human nature to "desire."
However, in actual life in today's society, most of us let materialism be the goal of life, I think it's all part of human nature to "desire."
You should be proud of him because of what he said. I know a lot of people that says the same but what they say will just before the "and" part. I live in a third world country and I knew a lot of people that do things without any risks and always trying to be on the safe side. I can understand some of them because there are also some limitations of what can be done on their situations.
Most of them though, they are not risking anything because they are already comfortable of what they are doing or earning. They are already stopping like they already found the goal in their lives, and take note, most of them is not that old to boot. They still have time to risk, most of them already have family but still spend most of their money with alcohol and cigarettes. The most annoying though is that they are earning one step above minimum and thinking they will be rich without doing anything else.
Most of them though, they are not risking anything because they are already comfortable of what they are doing or earning. They are already stopping like they already found the goal in their lives, and take note, most of them is not that old to boot. They still have time to risk, most of them already have family but still spend most of their money with alcohol and cigarettes. The most annoying though is that they are earning one step above minimum and thinking they will be rich without doing anything else.
Investing money doesn’t mean you will become rich or even make any profit. Most people, around 98% of all short term traders actually lose money or don’t make anything. Investing is not easy. Whether you invest $100 or $100000 there is no guarantee you will make a single dollar out of it.
Like the above poster said you don’t need to invest to be Rich. You can have a skill set and use that to make money. Open up one business, make it grow and open up another business and make that grow also. Before you know it you will have a dozen businesses and be rich.
Like the above poster said you don’t need to invest to be Rich. You can have a skill set and use that to make money. Open up one business, make it grow and open up another business and make that grow also. Before you know it you will have a dozen businesses and be rich.
If we are employees, it's very difficult for us to change our lives. Investing is the only way we can change our lives. Regardless of the field of investment, we need money and knowledge to be successful. Crypto is an investment field that can be considered the most profitable today with only a small amount of capital. But the risk that we face is huge so to make money in the market requires us to have knowledge, patience with the market and I think it takes a bit of luck to get rich in crypto.
"I was not born into a rich family, nor am I one who will receive much inheritance from my parents and I have to work hard to make ends meet." At least that's a sentence from my friend that inspired me to make this thread.
I honestly feel that the sentence above is one of the saddest sentences to hear when someone starts talking about their economic condition. It is clear that everyone is obliged to work to support himself and his family, but when they neglect investment then I believe that these people will never get rich except by a miracle of God.
Investing I mean not just crypto investing, but any investment he likes. This allows one to make good profits in the future. That is, the more assets that can be invested, the greater the bright hope for the future. I've heard stories about investing $1000 in crypto making someone a billionaire before (in our fiat currency), and it's a fact to say that don't expect to get rich without investing unless you are the heir to rich parents.
I honestly feel that the sentence above is one of the saddest sentences to hear when someone starts talking about their economic condition. It is clear that everyone is obliged to work to support himself and his family, but when they neglect investment then I believe that these people will never get rich except by a miracle of God.
Investing I mean not just crypto investing, but any investment he likes. This allows one to make good profits in the future. That is, the more assets that can be invested, the greater the bright hope for the future. I've heard stories about investing $1000 in crypto making someone a billionaire before (in our fiat currency), and it's a fact to say that don't expect to get rich without investing unless you are the heir to rich parents.
This is somehow the case for most of the people. They earn and save the money in a safe place and not growing it. I was like this before and never I have thought about investing. Years passed and I have learned knowledge about economics and stuffs', the money you save will have a lesser value in time because of inflation. So I decided to get out of that comfort zone, and get a hold of myself in case I lost all the money that I have. Now I never regret that moment in life, I have changed and ready to take all the hardships, because I was afraid of that. Knowledge is the key to get where you wanna be. I was told that it was money but that is for some slacking people. I have known so many entrepreneurs with no money so start a business but gained it through knowledge, hard work and perseverance that they had, and they are one of my mentors in life. Now somehow we are on a right track on our investments, and we wanna invest more with what we currently have.
the most normal thing for every normal human being is the desire to be rich. and that we can get not only by investing because any investment is very risky but to get honest wealth is to take a chance and explore the potential in every business without a doubt so that no pizza slices are wasted
The fact is that those rich people have really invested in the investments that they know. And there are people that are really for investments and there are those that are not.
I still believe that there can be people that can make themselves rich through working with high salary jobs and as well as do some side hustle. But AFAIK, even those people with those situations, they're also investing because they are letting their money work for them.
Rich people would be always be having the advantage because they do have the money on doing all sorts of things which is related to investment or simply does have that buying power on which everybody doesnt reallyI still believe that there can be people that can make themselves rich through working with high salary jobs and as well as do some side hustle. But AFAIK, even those people with those situations, they're also investing because they are letting their money work for them.
have and thats the reality and thats why rich becomes more richer and those average ones would really struggle out on how they would make theirselves be that progressive in terms of investment.
Dont expect that you would really get rich without doing nothing because that thing do only happen on your dreams.Work hard if you are aiming for something.
I'm sure that all of them have the discipline that others can't have and aside from having that discipline, they're all willing to lose with anything that they invest so they've taken all of those and now, they're sitting in the big rewards that they deserve.
be ending up on having positive results in the end. Expect that there would be lots of trial and error for this one.
The fact is that those rich people have really invested in the investments that they know. And there are people that are really for investments and there are those that are not.
I still believe that there can be people that can make themselves rich through working with high salary jobs and as well as do some side hustle. But AFAIK, even those people with those situations, they're also investing because they are letting their money work for them.
Rich people would be always be having the advantage because they do have the money on doing all sorts of things which is related to investment or simply does have that buying power on which everybody doesnt reallyI still believe that there can be people that can make themselves rich through working with high salary jobs and as well as do some side hustle. But AFAIK, even those people with those situations, they're also investing because they are letting their money work for them.
have and thats the reality and thats why rich becomes more richer and those average ones would really struggle out on how they would make theirselves be that progressive in terms of investment.
Dont expect that you would really get rich without doing nothing because that thing do only happen on your dreams.Work hard if you are aiming for something.
I'm sure that all of them have the discipline that others can't have and aside from having that discipline, they're all willing to lose with anything that they invest so they've taken all of those and now, they're sitting in the big rewards that they deserve.
If someone is interested in investing then he is one step ahead of being able to make something from his money compared to saving. There's no point in keeping a lot of money in a safe because your money is supposed to work for you, not you.
Someone who continues to work hard but does not have proper money management, of course, will force him to continue to work for life, but for those who are forward-thinking, of course, will make investment as an alternative in achieving continuous income, besides that it is time for us to dare to take risks in investing because if the money we have is only saved, of course it will not give us a profit because indeed the value of the money will remain even in the next 10 years, but if we invest at least the estimated value of the money we have will increase as the investment assets value we have increase , I think Investing is a smart way for us to get rich and earn income.
Stop Working For Money And Let Money Do The Work For We...!
If someone is interested in investing then he is one step ahead of being able to make something from his money compared to saving. There's no point in keeping a lot of money in a safe because your money is supposed to work for you, not you.
Someone who continues to work hard but does not have proper money management, of course, will force him to continue to work for life, but for those who are forward-thinking, of course, will make investment as an alternative in achieving continuous income, besides that it is time for us to dare to take risks in investing because if the money we have is only saved, of course it will not give us a profit because indeed the value of the money will remain even in the next 10 years, but if we invest at least the estimated value of the money we have will increase as the investment assets value we have increase , I think Investing is a smart way for us to get rich and earn income.
Stop Working For Money And Let Money Do The Work For We...!
The fact is that those rich people have really invested in the investments that they know. And there are people that are really for investments and there are those that are not.
I still believe that there can be people that can make themselves rich through working with high salary jobs and as well as do some side hustle. But AFAIK, even those people with those situations, they're also investing because they are letting their money work for them.
Rich people would be always be having the advantage because they do have the money on doing all sorts of things which is related to investment or simply does have that buying power on which everybody doesnt reallyI still believe that there can be people that can make themselves rich through working with high salary jobs and as well as do some side hustle. But AFAIK, even those people with those situations, they're also investing because they are letting their money work for them.
have and thats the reality and thats why rich becomes more richer and those average ones would really struggle out on how they would make theirselves be that progressive in terms of investment.
Dont expect that you would really get rich without doing nothing because that thing do only happen on your dreams.Work hard if you are aiming for something.
The fact is that those rich people have really invested in the investments that they know. And there are people that are really for investments and there are those that are not.
I still believe that there can be people that can make themselves rich through working with high salary jobs and as well as do some side hustle. But AFAIK, even those people with those situations, they're also investing because they are letting their money work for them.
I still believe that there can be people that can make themselves rich through working with high salary jobs and as well as do some side hustle. But AFAIK, even those people with those situations, they're also investing because they are letting their money work for them.
In order to be rich, you have to have something that'll make you rich, otherwise it's just wishful thinking. You have to put in not only the money, but also the effort and time to make your investments grow. I think most people already understand this, but doesn't have the willpower to make it a reality for themselves.
At this day and age, financial literacy and having an investment is very crucial. If you do not have any of this you're sure to get your finances ruined and your future affected. IMO people should learn how to invest and how to pick the right investment with the amount of money that they have.
With all the basic commodities totally in price surge these days, we cannot expect that relying from our job salary alone will make us rich because that is even hardly enough to cater for our needs. But if you learn how to invest, by prioritizing buying some good assets rather than liabilities, that will give you an opportunity to make wealth. Investing these days is the right avenue to give us more chances to make profits, of course this will be possible if you have the good knowledge about it, positive mindset and patience that will help you to stay long from your investment.At this day and age, financial literacy and having an investment is very crucial. If you do not have any of this you're sure to get your finances ruined and your future affected. IMO people should learn how to invest and how to pick the right investment with the amount of money that they have.
Being rich could neither came from hardwork/investment or totally that an inheritance but dont expect that you would become rich without doing any effort or investment which is just common sense.
We know that richness could pass away if you dont know on how to handle your finances well thats why you should really be that mindful on how to sustain it so that it wouldnt really come to a point
on where you do go bankrupt due to mishandling of those funds or assets which its an important factor for you to consider out.
We know that richness could pass away if you dont know on how to handle your finances well thats why you should really be that mindful on how to sustain it so that it wouldnt really come to a point
on where you do go bankrupt due to mishandling of those funds or assets which its an important factor for you to consider out.
If someone is interested in investing then he is one step ahead of being able to make something from his money compared to saving. There's no point in keeping a lot of money in a safe because your money is supposed to work for you, not you.
It doesn't matter when you work to earn money and use it for necessities of life, but set aside a little for investment regardless of whether it is in physical assets or crypto assets. However, because all investments carry risks, you also have to understand and know how investing works so that your money really works for you. Crypto investing is indeed very profitable especially bitcoin but you should know the risks and try to understand how they work so that you really profit from them.
It doesn't matter when you work to earn money and use it for necessities of life, but set aside a little for investment regardless of whether it is in physical assets or crypto assets. However, because all investments carry risks, you also have to understand and know how investing works so that your money really works for you. Crypto investing is indeed very profitable especially bitcoin but you should know the risks and try to understand how they work so that you really profit from them.
In order to be rich, you have to have something that'll make you rich, otherwise it's just wishful thinking. You have to put in not only the money, but also the effort and time to make your investments grow. I think most people already understand this, but doesn't have the willpower to make it a reality for themselves.
At this day and age, financial literacy and having an investment is very crucial. If you do not have any of this you're sure to get your finances ruined and your future affected. IMO people should learn how to invest and how to pick the right investment with the amount of money that they have.
With all the basic commodities totally in price surge these days, we cannot expect that relying from our job salary alone will make us rich because that is even hardly enough to cater for our needs. But if you learn how to invest, by prioritizing buying some good assets rather than liabilities, that will give you an opportunity to make wealth. Investing these days is the right avenue to give us more chances to make profits, of course this will be possible if you have the good knowledge about it, positive mindset and patience that will help you to stay long from your investment. At this day and age, financial literacy and having an investment is very crucial. If you do not have any of this you're sure to get your finances ruined and your future affected. IMO people should learn how to invest and how to pick the right investment with the amount of money that they have.
I'm just going to assume you meant passive income when you say "investment". You know what's the sadder truth? Simply working isn't really going to make you rich anymore. Wages has stagnated. Saving isn't enough to even support you in your old days with the rate of inflation we have.
I think with investing time and money to train for a skill or saving upto build a business does grant income but you're still basically working either for someone else or for your own business. I still guess it's a start though, with the increase in income you'd be able to spare a bit more for investing in other stuff like crypto.
If you just mean invest money then I wouldn't agree with you here. Even you may invest your brain like many people become rich by that. For example, if you become a high-skill developer mean this investment is enough to make you rich. If you have money to invest, you can't be rich without proper knowledge and experience. Rather than you may lose money as well. Learning and gaining experience is a big investment. It's true if you support money investment then you would become a rich bit quicker. In cryptocurrency investment definitely you have to be an experienced person.
I think with investing time and money to train for a skill or saving upto build a business does grant income but you're still basically working either for someone else or for your own business. I still guess it's a start though, with the increase in income you'd be able to spare a bit more for investing in other stuff like crypto.
If you just mean invest money then I wouldn't agree with you here. Even you may invest your brain like many people become rich by that. For example, if you become a high-skill developer mean this investment is enough to make you rich. If you have money to invest, you can't be rich without proper knowledge and experience. Rather than you may lose money as well. Learning and gaining experience is a big investment. It's true if you support money investment then you would become a rich bit quicker. In cryptocurrency investment definitely you have to be an experienced person.
In order to be rich, you have to have something that'll make you rich, otherwise it's just wishful thinking. You have to put in not only the money, but also the effort and time to make your investments grow. I think most people already understand this, but doesn't have the willpower to make it a reality for themselves.
At this day and age, financial literacy and having an investment is very crucial. If you do not have any of this you're sure to get your finances ruined and your future affected. IMO people should learn how to invest and how to pick the right investment with the amount of money that they have.
At this day and age, financial literacy and having an investment is very crucial. If you do not have any of this you're sure to get your finances ruined and your future affected. IMO people should learn how to invest and how to pick the right investment with the amount of money that they have.
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