Topic: Small investment will always go a long way (Read 346 times)

Investment no be wetin one suppose play with, everybody know say investment na the best thing ever to do.Nobody becomes successful without investing his money or setting up business that will fetch him more money.People wey invest money nai dey always win at the end of the day.And there is one thing about investment,no matter how little it is,you will still see the results it will bring,and that little result will encourage you to do more.

Rome they said was not built in a day, if we should take look at some big business we are seeing in Nigeria today they all started from scratch and as times goes by they started growing. So whatever you are doing in life the most important thing is to start first and it doesn't matter where you are starting from, you should have a target and a good business plan , were you want the business in the next year's a head.so many people are always are shame to start small or to start from were they are, they want large amount of money to open big business, which if they eventually gets they will end up wasting it.

Normally as a someone that really want to become a better person in the future wouldn't take because of the bad Economy that we are having now and take that as an excuse that he/she can't do investment that person is doing himself, because this bad Economy that we are experiencing now can't remain like this for ever just with time it most comeback to normal as it was before, and by that time those people that manage to invest a little would make a huge profits in the future. However, I think it's very necessary for us to always plan to invest despite any situation that we find ourselves.

Some people wants to start an investment in a big way and that is why they wait in other for them to accumulate more income and that is a very wrong mindset, start with the little you have, I'm not saying you should not have a big business idea and goal I'm saying if your capital is not up to your business idea you find a business or investment your capital is up to and do it and from there you will grow to do the bigger business you wanted.
Some people refused to invest in Bitcoin because they feel buying Bitcoin little by little will not get them a good result they will want to save up and buy using lump sum strategy but along the line of that savings some people will use up there money and that is why start small or little by little is good all we need is patience without patience is impossible to start small and grow with it.

This economy is very hard and if you just dey stay for house you wouldn't know how some people hardly see food chop, if person no dey collect monthly salary or earn online, I know sure say the person will be able to save or invest their money with this hard economy, our money don lose value finished, $3 is now 3k and which kind of hard work will a man do to pay him 3k daily for this country, this your advice e good so but e no really work for everybody because we know how this country matter dey, waiting u dey experience fit be the 3x of what what others dey go through.

However, I don't think there would be anyone wey go get the mind to invest and be expecting small profits, the more you invest the higher u expect, everybody wan to win big to change their life, if you even try to encourage someone that they should start investing small small, your answer will be, no who don chop dey save or invest. I just hope say we survive in this hard times.

There's nothing wrong in starting small, a lot of the big business you see started small and some people who has accumulated enough Bitcoin today also started small,
some people feels that accumulating Bitcoin little by little is a waste of time so they feel saving up and buying in a lump sum is the best but one thing is that one can't have money in his or her bank account and be free from little financial problems that will eat up little of that saved money, a lot of people into Bitcoin investment once started small using the DCA strategy of accumulation and today they have enough Bitcoin, those who started small 10 years ago are now doing well for them self's that is why they say patience is virtue.
So what I'm saying is that you don't have to wait till you have huge amount of money stocked before you can start an investment you can start small and watch it grow, everyone should try and have patience because is very important in our life it helps us grow well.

Whenever I remember a quote by one of my friend, he always say “na person wey dey alive dey invest”. Actually this words can be discouraging to someone that wants to invest but in the real sense of it, he’s saying the truth. He’s just tryin to pass a message that you need to have enough for yourself and your upkeep before you can think of investment or else, you’ll still fall back to that investment and take every money out to feed yourself again. Investment is good and should be encouraged no matter how small you can spare to invest, but never do that at the cost of anything that cannot be replaceable when gone or damaged.

Every big investor started small before building themselves to all the way high, like it's always said, that don't despise the days of your little beginnings as it will come a time you will look back and smile.
Hard times always comes in for most investors, but if you look beyond those hard times and focus on your goal, then the sky will certainly be your beginning point.

OP there is statement you made that I respect, you said "survival is winning in difficult economy", and that's absolutely true, when you face hard times and you're able to scale through and survive it, that is actually an achievement and a plus to you as a person, because the good thing is hard times don't last forever as things will always turn out positive on the long run.

Few people might disagree with this due to the fact inflation keeps increasing everyday and the price of everything is now times 4 of what it used to be, some amounts of have money have lost value so they might think small investments is a waste of time.. Having an investment no matter how small the profit you make on a daily basis is a plus, that's why it's an investment, it won't make you rich overnight but In the long run you will realize that it can do a lot for you

It's unwise to underrate small investments since small could become big in the future if used well. But at the same time, the small investment must be worth it, otherwise, it could be a waste of time. This is why the small investment is a waste of time for some people who have other tasking engagements that are their primary jobs, they would want to have something reasonable earning for it to encourage them to continue with the extra stress they go through and the energy they channel into it.

As we know, the more the risk of an investment, the less the task and less reliable it is, so it is not always about going to invest in crypto or others, and some investments can indeed take the whole of the investor's time if they are not risky like online investments. For instance, the person investing in an evening food business after work should have something to show for it, otherwise, such a person will be hurt if the return is small, especially if he cannot save enough to expand the business.

At times too, we do not blame some people for not investing, it is easier to say than done because with some people, to even feed their family is difficult not to mention saving at all for any investment. Such people can never invest rightly.

Chai my boss, you finish work here, is like you just dy my mind, most of us for we country no know say this present economic situation in the country dy hit everybody differently, just imagine someone like dangote dy complain base on how the economy of the country dy hit am negatively, and I hear say no be him be the current richest man again in Africa, this one alone speak volume of how the economy of our country be now, so back to the discussion, see eh, most people no dy fit even see food chop twice a day, you see those type of condition, if you dy in such a situation, the only thing wey you go dy think na how you wan see food chop next, no be investment, though investment na very good thing just as lida93 don talk already, but na person wey don chop first dy think of investment.

Lastly, even if an average man in our country squeeze something out of his salary to invest in one business or the other, base on how the country be now and how things dy very costly, you fit eat that your investment bit by bit till the business go collapse, so in essence is that in this our country so, before you think of anything investment, make sure say food no dy part of your problem, if not, na you go still feast on your investment till e go finally shut down.

That’s all’s about the business is good to start with the little you have then go and borrow money or take a loan to start investment is very bad ideas, in terms of investment no any amount of is too small a person can begin investment with amount that it can afford to lose without regret;  Upon some people are going through a lot during this hardship they still not care they always make sure they keep something in their savings account for just investment.
Yeah actually you can see some people will be making daily hustle on how to put food on there table, and some will be struggle out to fine a way on how it can invest a little amount that can turn to greater in future. There’s one thing that some people didn’t understand in investment, they don’t know that the little some have invested so far is more valuable than those that invest with large amounts of money without control.

Another interesting logic behind investing small for a start to later expand the business or portfolio is that in doing this, it will help us prevent huge loss which may come along at the cause of making an investment, there are some little mistakes in which we may fall into when we are starting something newly than when we already have an idea and have been experienced about that same investment, but when we don't underestimate the power of starting small and growing a business, we are going to build a strong and lasting one in it.

At first we have to look at what make us invest you know many of us talks about investment but what are the sole purpose of the investment we are making, at first people invest for future meaning they are saving and multiplying their little money to yield something very profitable and in the time coming maybe it could be in the raining season (hard time), like this current economic situation they could fall back to the investment.

Most time people does investment and forget the purpose of investment because when you invest and have need for the money and you are making investment that investment does not make any value to your life because when you do no longer use the money where you need it or when you are ill doesn't make you an investor, so for investment you need something that would produce additional money like having multiple stream of income to guide your investment otherwise if this is not found in you as investor then you are in dangering your little investment because you could be tempted to touch when there is need for money.

To start investment you must carve out a particular amount in your salary for instance if your salary is $100 per month, you may decide to share it into three or four meaning one part is for your investment the other part is for reserved fund while the last part is for your expenses & savings meaning as the salary is coming you disbursed to its various parts so that before you know your investment will yield something much more greater. Most times it is important to involve one self on doing dollar cost average DCA with this your investment will gradually increase in year to come depending on the income ratio or you may decide to hold for 4 years 8 years or even 16 years by then there would be much profit from your investment.

One thing we all should understand is that life is about self determination,when we you are set to do achieve a good thing in life you need to be focus,the reason is that ,when we do those our small small savings like we call it in our local language AKAWO ,we achieve our aim ,we don't say because we don't have food to eat we call the person and collect the money, initially when you started saving , there was an agreement of time frame which cannot be broken before the time,and you were able to control your hunger and needs for that period of time,the money saved with that AKAWO fulfilled it's purpose for you and you did not die ,you got yourself upgraded a little,why not put the same effort in investing in Bitcoin no matter how little even if it is per dollar from your income and not touching it ,will go a long way. I
n order for you to conquer hardship,hunger and cashless life ,you need to take risk ,you need to bear hunger today,so that you will not be hungry in your Life time.
Investing in Bitcoin is the only good investment one can ever think of, therefore it is adviceable to invest even if it is from your feeding money.
Set a goal for yourself and you will achieve it, temptations will come, try to avoid it and at the end , you will conquer.

The uncertainty in what might happen in the next month or year should always push you not to eat all you're earning but to keep some for the future. If while you're earning a little income you don't learn the art of investing, when you eventually start earning much, the chances of investing will also be minimal. Regardless of how small it is, you just have to make it an habit to keep on investing. They say rome wasn't built in a single day and that's the mindset every serious investor should have. Even if you're setting out 10% of your income as your invested amount, though it might look small at the start but when you consistently carry out the investment for a longer period of time, you will find out that your small investment has become something big in years to come.

Looking at the way COVID came and made a lot of rich peope to become poor and then some poor ones became rich, it should send a message that anything can happen at anytime and in any day. Another thing to consider is that  opportunity can come at anytime and it's those who are financially ready for such opportunity that can cease it to thier advantage. Investing Isnt just about the profit you can get from it but also includes having a backup funds you're certain can be of help for you in times of urgency or uncertainty.

Even if things hard, we suppose try Dey get money keep now, make that one serve as emergency money even if the money small. As money Dey come, no be all we suppose Dey use chop finish, make we just Dey try leave even na small for saving, or make we just invest am for something, no Dey surprise say money wey you go think say e small, if you come open am, na Wetin u no expect you go see for there.

I don see person wey buy one coin before, him come sell am, but him no sell am all, d person leave like 2$ worth of the coin for the wallet, him just later check d wallet after few months, him see say d money wey Dey d wallet don almost enter $100, d 2$ wey him no call money don turn big money already. So as we Dey, even if na small money make wey Dey try save am, e go later get use.

Truly said, the economy is hard for all, no matter how wealthy a person is, there is much to compare with the economic/financial growth between now and then even the rich are also finding it difficult to balance and sometimes go into investment which they should. While most will love to invest in Bitcoin, are those who are not financially productive no matter how they try to go in even with that little, even at that little will get to the point where it becomes unbearable for them to hold unto which later on they get to sell off.

It should be clear, the main point would be to know about Bitcoin, check if we are financially buoyant to start up the accumulating process, if not, then we shift the aim towards becoming more finance outstanding to be able to meet up the whole process of Bitcoin holding and not falling out.

The scary part of small investments is always in the management. One mistake in mismanagement of funds and you’ve run into losses.

Small investments are always low capital investments and as such, you’ll be sure of expecting low profits too. Given that, you most times have rentals to pay, products to buy and even taxes to the government, it’s rather challenging.
Mind you, the profits from it is little and if care isn’t taken, you don’t get to realize when you start taking more than your profit which eats into your capital.

Still, you got to give yourself a chance at business as it is better than doing nothing at all. You learn from the process, never ignore the process.

Inside my hierarchy of needs I de prioritize di things wey I need according to dem importance and necessity and for di priority list investments na secondary. Investments de very important no matter how small but your income need to first take care of your primary needs before secondary needs wey investment fall into. Food, atleast two times in a day, transportation to and from your workplace, rent, compulsory miscellaneous bills like electricity, water and the rest, after all these expenses wey you no fit to forgo, from wetin remain you go bring out the one wey you go put aside for investment.

Except say you de earn enough money to cater for dis unavoidable primary needs and get extra to invest, e de better to leave investment matter for di time being. Most very low income earners know di importance of investment for di future but wen di small money wey dem de earn no reach dem and dem dependants to eat one better meal a day, investment no go follow for dem income budget. Inorder for low income earners to increase di quality of dem lives, dem need to get alternative sources of income, change job or location for a better life and fit to afford money to invest. Ofcourse Bitcoin na one of di best long term investment wey di rich and poor fit to start.