Read If you are between 18 and 68 years old!

MinMan

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Quote from: ariinv on April 02, 2022, 04:06:22 PM

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

For sure, I am around early 20s and I I’m already making plans for my future and investing for a long term. Although I am wishing that I got to know about this sooner than now. But at the same time I am also happy that I learned a lot at this age and have been able to be putting in a lot of hard work into making sure that my future is going to be a better one.

Most of the youths around my age, and my friends, usually focused on what they would be getting right now and not what they are getting in the future. Most of them just wants to make money immediately, and they are always out there looking for means to get rich quick, but that hasn’t being it for me, because I believe in hard work and following the process.

Pejoh Asu

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Most people regret after entering the age of 60 years, this is because they feel comfortable and get active income from work, but when entering the age of 60 years that has to retire from work so they are not ready, expenditure continues to increase but the income drops so this is important lessons that we must invest immediately.

horrifiedx1

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Quote from: Semar Mesem on April 24, 2022, 06:56:35 AM

Preparing an investment from a young age is something that we must do, most people feel when they work and no longer need other income, so when inflation occurs they immediately owe or sell assets they have, invest immediately or you will regret it.

but unfortunately young people don't think much about their future by investing. they tend to have fun and think about their future later. but as the level of maturity, many young people today are familiar with cryptocurrencies and many of them became rich suddenly because of investing in it. and after that, it's just a matter of how they manage their finances, maybe they can be used for other businesses, or buy other assets that can guarantee their lives in the future.

Freeesta

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Quote from: DanWalker on April 22, 2022, 08:31:35 AM

Quote from: Quidat on April 20, 2022, 03:09:31 PM

Quote from: m2017 on April 20, 2022, 12:17:13 PM

Quote from: ariinv on April 02, 2022, 04:06:22 PM

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Since you are asking a question on the forum about bitcoin, most likely the majority will answer you that they include BTC in their financial plan. I believe that this method has the right to life. For as we have seen, in recent years people who have invested in BTC have been in a winning position. Especially those who chose long term. I am sure that many here will agree with me that BTC in the future will show results that are almost as good as in previous years. Therefore, the decision to include BTC in the long term financial plan would be the right choice.

Winning position is still that something questionable since we know that there's no assurance when it comes to future of Bitcoin but somehow after seeing a decades time then
i cant blame on why the community does have much that trust towards Bitcoin. Most people would really be seeing this to be a good investment for you to take but of course
always be minded off about the risk because nothing is guaranteed.Its better to start when you are still you which it is ideal on having that kind of goal or target.

A lot of people were in a winning position when investing in bitcoin in the early days. Bitcoin is arguably the most profitable investment, but don't forget that the higher the reward, the higher the risk.

I'm not saying bitcoin will die or go to zero but be a smart investor don't put everything in one basket, spread it across multiple investment channels. There are no guarantees in investing so have a backup plan.

This is exactly what we all need! Backup plan. We must not forget that the situation in the global economy can change at any time. I believe that it is necessary to invest for our successful future. We need to invest today. Otherwise, it may happen that one day we wake up in another country, with a different government, and all our property will simply be taken from us.Maybe our investment can save us.

Semar Mesem

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Preparing an investment from a young age is something that we must do, most people feel when they work and no longer need other income, so when inflation occurs they immediately owe or sell assets they have, invest immediately or you will regret it.

Ahli38

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Quote from: mich on April 24, 2022, 02:30:33 AM

My long term financial goals are pretty simple. I definitely want more financial freedom and I see that as the key. It's not that I'm focused on retiring early necessary but I certainly don't want to be working for other people at an older age.
I think owning a home, having substantial savings put away and gaining access to make money remotely and independently are my main objectives. In truth, I envy people that love working for other people because then I would probably just focus on what I'm doing now for work and waiting for retirement age.
However, I'm an independent person and I don't thrive in environments where I am stuck under someone else's thumb. I would love the next chapter of my life to not only be devoted to earning more but also about spending time in peoples company I enjoy but maybe I'm just simple at heart.

almost all of your words describe my thoughts which are the same as yours.
One thing that guides me is that in the real world I don't like being in a position to work over someone else's control.
I prefer independent work because it's much stress free.

but for long term finances I prefer to pay in installments to buy land or land where the price of land every year can continue to rise and can be used to grow crops if there is free time from work to just refresh the mind. and the results can be eaten. when planting vegetables or fruit trees. and land prices continue to increase over time. that's how I plan my finances for the future. namely putting money to buy a piece of land.

mich

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My long term financial goals are pretty simple. I definitely want more financial freedom and I see that as the key. It's not that I'm focused on retiring early necessary but I certainly don't want to be working for other people at an older age.
I think owning a home, having substantial savings put away and gaining access to make money remotely and independently are my main objectives. In truth, I envy people that love working for other people because then I would probably just focus on what I'm doing now for work and waiting for retirement age.
However, I'm an independent person and I don't thrive in environments where I am stuck under someone else's thumb. I would love the next chapter of my life to not only be devoted to earning more but also about spending time in peoples company I enjoy but maybe I'm just simple at heart.

LUCKMCFLY

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Quote from: strunberg on April 14, 2022, 09:06:20 PM

Quote from: ariinv on April 02, 2022, 04:06:22 PM

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

financial plan really important for us to prepare our pension plan we are old. alot thing will plan here since we have family, organizing money and separate it by its needs could give us more saving. holding cash and turn it to some assets will stablize our money that maybe in coming years will eaten by inflation. arrange financial plan could devided by short term , mid term and long term without all of this i am believe our work earning money will become useless.

I think that my best plan is my children, to give them an education where they don't see a corrupt system like the one I had to study, where they prepare you to serve others and never give them the opportunity to say that you can be a millionaire, that you just have to focus in what you want to achieve, in my time failing was not allowed, because a failure was synonymous that you were bad and that you were not good for x thing, not now, you must fail to learn, and that is what makes the difference with respect to to others.

For me, my life will continue to search for the best to offer my family, but with the little experience I have, I want to guide my children to the best and to opportunities that are superior to those I had in my childhood.

Rasa nanas

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I have learned a lot from successful people and most of them are successful because of the investment they made in their youth and in their old age they enjoy the results. My long term financial plan is investing in crypto and real investments like gold and land. I try to save 30% of the money I make every month, and after I have accumulated enough money I will invest the money. With this strategy I hope that in my old age I don't have to work anymore and I just enjoy the results of the investments I make now.

DanWalker

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Quote from: Quidat on April 20, 2022, 03:09:31 PM

Quote from: m2017 on April 20, 2022, 12:17:13 PM

Quote from: ariinv on April 02, 2022, 04:06:22 PM

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Since you are asking a question on the forum about bitcoin, most likely the majority will answer you that they include BTC in their financial plan. I believe that this method has the right to life. For as we have seen, in recent years people who have invested in BTC have been in a winning position. Especially those who chose long term. I am sure that many here will agree with me that BTC in the future will show results that are almost as good as in previous years. Therefore, the decision to include BTC in the long term financial plan would be the right choice.

Winning position is still that something questionable since we know that there's no assurance when it comes to future of Bitcoin but somehow after seeing a decades time then
i cant blame on why the community does have much that trust towards Bitcoin. Most people would really be seeing this to be a good investment for you to take but of course
always be minded off about the risk because nothing is guaranteed.Its better to start when you are still you which it is ideal on having that kind of goal or target.

A lot of people were in a winning position when investing in bitcoin in the early days. Bitcoin is arguably the most profitable investment, but don't forget that the higher the reward, the higher the risk.

I'm not saying bitcoin will die or go to zero but be a smart investor don't put everything in one basket, spread it across multiple investment channels. There are no guarantees in investing so have a backup plan.

milewilda

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Quote from: bubidan.id on April 22, 2022, 01:27:51 AM

I'm still young, but I have clear long-term plans, such as saving for retirement or creating assets for us to grow old. It looks simple but it is very difficult for some people who don't care about it, they will realize when they are already old that the assets we plant when we are young will really help us in our old age.

Come to mind that we would be having our family and we would be having children but in the end you are the ones who would really be living together with your wife and since your kids had been married then you two would be the ones who would be left behind.If you do really mind on having a life without any problems about finances then you wont really be bothering or stressing out yourself on having medication or any maintenance which you would really be needing and its true that having early plans is much more recommended rather than minding when you are already getting old and doesnt really have any investment or achievements or back up plans.

bubidan.id

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I'm still young, but I have clear long-term plans, such as saving for retirement or creating assets for us to grow old. It looks simple but it is very difficult for some people who don't care about it, they will realize when they are already old that the assets we plant when we are young will really help us in our old age.

Quidat

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Quote from: m2017 on April 20, 2022, 12:17:13 PM

Quote from: ariinv on April 02, 2022, 04:06:22 PM

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Since you are asking a question on the forum about bitcoin, most likely the majority will answer you that they include BTC in their financial plan. I believe that this method has the right to life. For as we have seen, in recent years people who have invested in BTC have been in a winning position. Especially those who chose long term. I am sure that many here will agree with me that BTC in the future will show results that are almost as good as in previous years. Therefore, the decision to include BTC in the long term financial plan would be the right choice.

Winning position is still that something questionable since we know that there's no assurance when it comes to future of Bitcoin but somehow after seeing a decades time then
i cant blame on why the community does have much that trust towards Bitcoin. Most people would really be seeing this to be a good investment for you to take but of course
always be minded off about the risk because nothing is guaranteed.Its better to start when you are still you which it is ideal on having that kind of goal or target.

tygeade

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Quote from: FairUser on April 19, 2022, 09:40:57 AM

Quote from: ariinv on April 02, 2022, 04:06:22 PM

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Honestly, I'm out of the category you're referring to. We're not talking about age here. But I have a pretty simple mindset about finance and it's just a tool for me to make my life plan. I don't care much about money, even though I don't have too much, I'm not too poor. Hungry, I am grateful for the present life and cherish it, and I direct people to that mindset; have little use but still be happy. I sometimes wonder why we take money so seriously, and I have my own answer.

This has been my mindset for many years. Even though I have some financial troubles here and there time to time, I have a house, I have a car, and I am living easily right now without too much issue. Sometimes I have trouble because I go all hedonistic and spend a bit more than I should, or maybe some expected expenses happen and I just have to pay for those and during those periods I just wish I had some more money saved up at that time.

But aside from that, I never had huge debts that I couldn't pay, and I just live life the way I want to, do I want more? Sometimes I do, like for example I want to go visit Rome and sight see and I would probably never afford that, but at least I know that I am content with my life and do not need to have like 50 years worth of investment, I still do it, but for my children and not for myself.

m2017

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Quote from: ariinv on April 02, 2022, 04:06:22 PM

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

Since you are asking a question on the forum about bitcoin, most likely the majority will answer you that they include BTC in their financial plan. I believe that this method has the right to life. For as we have seen, in recent years people who have invested in BTC have been in a winning position. Especially those who chose long term. I am sure that many here will agree with me that BTC in the future will show results that are almost as good as in previous years. Therefore, the decision to include BTC in the long term financial plan would be the right choice.

savetheFORUM

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Quote from: TelolettOm on April 19, 2022, 05:51:51 PM

It is a must to have financial plans for us and for our family in the future. If until 68 we have no any financial plans, it means the end of the life, because, in my area, 68 is an old man and not for working anymore only sitting on the seat and waiting for the old moment.
I think that people in their 20s-30s are the best period to have good management of finances so that we can manage, control ad also utilizes every chance to hold and run our financial plans.

Seriously you don’t even need to reach 68 years old before you start thinking about investment. Investment should be something we start at a very young age so that by the time we get to at least thirty years old of age, we are already making something out of it and seeing a brighter future for ourselves and our families.

The reason why most of us are usually not aware of this is because of the type of upbringing and education that we have, if schools will start teaching students to start making investments and all that, it’s really going to be helpful. And also if parents are going to encourage their children to do such things that would be helpful for their future, it would really go a long way for them.

Lubang Bawah

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Early preparations to welcome old age or retirement must be done immediately, and currently I am buying land in a rural area far from the city so that I can get a cheaper price, I am gathering and working with investors to make swimming recreation and connect with many people. facilities such as futsal, children's education and so on.

onecall123

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In thinking about long-term financial plans, many of you got a bit over your heads. The majority of us try to avoid financial hardship by doing something special. The truth is, I do have a lot of coins, but the story is more complicated and I might need help. Any investment must be carefully thought out and planned. Throughout the year, I have spent countless hours trading crypto and taking my profits every day. Think how big my bag could become. The best thing you can do if you ever intend to have a professional approach to your investing strategy is to do some research on this.

Dr.Osh

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Quote from: ariinv on April 02, 2022, 04:06:22 PM

Gilbert's Research shows people from 18 to 68 underestimate how much they will change in the future, because of that they miss long term financial plans! What do you Think? Do you have any long term financial plans?

everyone has their own plans, especially when it comes to finances. I'm pretty sure that everyone has a different plan, because basically we didn't start this all from the same beginning. some people choose to live life without thinking about their finances. either it was because they had a lot of money before from their parents and had a financial strategy passed down through generations, or because he just didn't want to think about it.
Personally, right now I'm only thinking about investment issues that can allow me to get financial freedom in the future. I think it can be included in the long term financial plans. I have many plans in mind, but I need to work on them one by one.
Besides that, I really believe that people with the typical entrepreneur also have this mindset. In fact, I feel that with that age range, people tend to think about and strategize their long term financial plans.
I don't know what kind of research Gilbert's was doing, and who Gilbert's was. I'm just curious what kind of research he's doing, because it's quite different from what I thought.

Sir Legend

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Currently I am over 25 years old and experiencing many things in life, i have to prepare for a better future life, and happy to know cryptocurrencies and know a lot about investing, I hope to change my life in 5 or 10 years .

Topic: Read If you are between 18 and 68 years old! (Read 802 times)