Topic: Start investing so you can quit your job and retire early. - page 4. (Read 1251 times)

Precisely, apart from the fact that the market just wouldn't tip its scales towards investors and your lack of knowledge basically in investing will be your downfall. You can't just impulsively invest hoping it would get you out of your classic nine to five work. There has to be some combination with the two because you will inevitably lose money in this industry. If you have never invested your whole life, I suggest get some basic or even advanced knowledge if you can and then formulate your strategy. That way you can play the cards by your own will.

As you still beginner and get profit without in daily day never try this suggestion because bad for your financial, you can imagine when bitcoin and altcoin down like this where you get profit although with trading and you must lost your money, but when you still working you can get source income when bitcoin stop giving profit for you.

Check it yourself, and then tell what you think. Go to YouTube, search "theory of evolution", for example. Although most liked, or most viewed, videos on this subject are not necessarily the best ones, you will surely find very good educational videos in the top 20. And this is also true for other subjects, not only for the "theory of evolution".

Many people treat "fake internet points" with suspicion, and in many cases they have reasons for that, but from my experience the most liked and most viewed vids are usually the most relevant ones.

Back to our topic. Do you really think that to start investing is a good idea for an uneducated person?

This is what we called the Rat Race, I learned that name from the books of Robert Kiyosaki. If we want to have an early retirement then it is better if we will invest in our early stage. There are now many powerful investment vehicle that we can choose in order to grow our money but we should always be sure that we know what we are doing because investing is not easy, it requires a lot of knowledge and skills in order to protect our money and manage to grow it.

I have a day job but I have now different investments, I have a goal which is to retire at early age and I know I can do it because I keep improving my cash flows. I have now different investments in diffent industries like the stock market, forex and of course cryptocurrencies. I manage to trade some of it where I earn money. Let's focus on improving our cashflow.

Yes, you are right that people are working like machine to save him and also family but if anybody go for investment there are pre-massive work have to do by him.

He must have to good investing money for investment.
He must have to gather knowledge about investment.
He has to mentally strength to tackle crisis moment.
Must have to patience in mind for better days of market.

I think investing is very critical and without proper knowledge it should not be.

Nowadays, we do not know how long our lives will be on earth because there are many accidents that happened every day, every hour, every minute, and every second. That's why investing at an early age is a brilliant idea of all things that we do, because when we start investing our future will surely secured and if the struggles comes in life are come you are ready to face it because we have enough money to recover again or to used it for essential purposes. Investing makes our futures secure because we don't need to borrow money to others.

Investing in the early stages of your life is a great plan towards financial freedom and having to work throughout your entire life. however, don't also forget to register with a good insurance company so that when any unforseen circumstances come your way you can have some form of financial support from them.

This option is valid for people living in countries with high living standards and salaries. But what can you say about such countries as Russia (and the entire CIS as a whole), India, etc., where people live from paycheck to paycheck and who do not have the possibility of savings for investment? It’s clear that if you study this industry, you can live without working, but what about the risks of losing all your investments?

Many region are getting quarantine as a result of Corona chan, and lecturers are resorting to online teaching, and student are resorting to study online, I hope it’s not precedent to the future of educations, I can have many reason to mock online teaching, so education based on youtube? So the Like button and subscribe is the meritocracy system? So student study based on who got the most likes buttons? Really? When the social site are prone to abused, I smell an accident that bound to happens, btw one shouldn’t easily settle for an education system that’s susceptible to fraudulent practices, I think people are pushing all the jobs to someone else to save the day, they don’t care whether it’s effective, they just one somebody to pick up this obligations that nobody want.

I think not easy for quit from working after investing with bitcoin and altcoin, before you earn much money and profit with bitcoin or altcoin investment never quit from your work and try to invest with cryptocurrency during your work in your office, after you get enough money for your family its time for quit from job.

relly on ? investing on crypto has never been reliable due to the unstable factor they have  .

 imagine if your out of job and only rely on your btc investment and one time the value drop hard and you also need money for emergency  . you think that will be enough for you  ? freedom maybe because you are your own boss but enjoyment will not be fully feel if you are worrying about your up and down investment    especially if you dont have other job or extra income to depend on  .

If you rely on the job given to you by other people and not struggle to get out of it to employ yourself and others or get into another investment alongside, your old age won't be enjoyable. So is better for people to think and invest fast as they are working so that they can leave anytime, or won't start from crash if they are sacked.

investment could lead one person to financial freedom. or at least one can rely on itself, but not on 3rd person which gave one a job and money to live on

Today was a day when all of the investments took a big hit. It doesn't matter if it was stock markets, crypto currencies, real estate or anything else. In my nation there has been a lot of factory shut downs as well, do you know how many people that affects?

When you shut down a factory you are hurting the business owner, you are hurting the place he rents, you are hurting the workers, you are hurting market because no more products, you are hurting inflation because prices get higher for lack of products, you are hurting everyday guys finances for spending more than usual. As you can see just couple of factories closing affects more than 100k people right away. So, I assume these days will not be going too well on the project of retiring early and investing.

Loans are bad mostly, that's true. But what I meant was people who have some money, so that they can pay for their education without taking loans, should rather pay for education than investing in other things.


And this is where might end up someone who started investing in early age without any knowledge.


I can't agree more, mate. Of course, it would be the best option. Rich people and those who are in power(although they are the same peeps mostly) must realize that having educated people around is beneficial for them too.


Yep, YouTube is a good call for that, imo. Some scholars even say that YouTube is better in regards to gaining knowledge than most than most universities in the world, because the knowledge of old professors is outdated.

Having a job can give you a stable income but can you become rich for being employed? No not unless if you're the ceo of the company. Its better to invest while working so you can maximize your income and can save for future. Now is the right timing to engage yourself in crypto because the price of coins are cheap. Just invest what you can afford to lose and not necessary to go all in because there are other investments that is profitable like gold and real state if you plan it well.

Easy as it sounds but really hard to be done yet not all does have the financial capability to do such thing.They dont have much money to invest and also doesnt have the idea on where they should put their money on.
Of course there are things that produce out passive income but we know that it do talks about big money and finding the best opportunity doesnt really fit oout everyone in talks of investment.
Who doesnt like to have a financial freedom? All of us but we dont have any choice but to deal with reality "NO WORK NO PAY" system and only a few does have the chance to be different.

Let take a look at the macro level of today dilemma faced by young men. Bank would allocate equal fund to two group of people, one being the smart one (the “A student”), one being the dumb one (the “C student”), “A student” would often time go to study higher education, while “C student” would often go to start a business or simply settle down and get married. Fast forward to ten years later, what we are going to see is most often time the “A student” despite having very knowledgable, but they also cope up with huge pile of student loans, with that amount of student loan burdening their life, they can’t make use of their knowledge and build something useful, but forced to work for the corporate jobs that often time has nothing to do with the knowledge they have. Waste of their youthful energy and work on office jobs indulge themselves with office politics, tie a noose around their neck, do mind numbing paperwork, attend endless meeting, reporting to bosses, that’s how you destroy a “A student” who could be productive and produce exceptional breakthroughs, but push to work for something else; while I’m not gonna cover the “C student”, they’re often time ended up in divorces or became crack head doing drugs or living a tug life, (also there is “B student” who mainly excel in politics and manipulation, who love living a parasitic life.)

The whole point is “A student” are getting knowledges but at a high cost that would often dictate their life dream of building a utopian nations, but education don’t come cheap, it’s expensive to sustain a highly civilised and knowledge based society, (which civilisation didn’t collapse in the entire human history?). What I think can fix the world problems is lowering the cost of educations, we should help the young boy who would pursuit to be “A student” in education, by providing them competitive educations at a price that would not burn their wallet, I think free educations to be idealistic, 200k in education for a young boy to go from college to university graduate to be reduced to 2k that would make a world of different, it’s all but theory, it’s easy to just say but how can we provide education at such a low cost?? Wikipedia might be trying to provide competitive education for “A student” at a very low cost, but we all know what’s happening to Wikipedia now, the entire knowledge based website become a place of misinformation, deceptions, politics, fake news, that’s not going to nurture “A student”, I think Wikipedia would likely nurture more “B student”. So how to reduce the cost of education for “A student” again? May be using YouTube to provide free education? Create computer for self learning? Create softwares? Create internet based education forum? They are all idealistic in theory but in real world we often see all of them end up in the wrong hand and get abused. Good luck trying to provide low cost educations and also trying to nurture more “A student”, all civilisation would eventually come to an end, it’s the nature of a life cycle, every civilisation would collapse in 200 years and erase all “A student” from the face of the earth, no one can change that.

I had see a lot of professors PhD who should be tasked to building world changing “life support unit” the livingry artefact to solve world all human being economic and social needs.  But they’re all being forced to do something else, include working for mind numbing office job, mind numbing food delivery jobs, mind numbing office politics, we all destined to destroy the “A student” that can move the world forward, nobody can challenge the law of nature, nature always beat nurture.

And you want to suggest self-education? Really? Under such climate?

Self-education is becoming easier year by year, and this process is irreversible. For now people who know English are in an advantageous position, because mostly some great free educational stuff is in English, but later, I'm sure, it will be available in all languages. And since the education is not free yet for most of the people, I think that the best option is investing in your education. It can be classes in your local language, or some English courses, it doesn't matter. What matters is understanding that making money with your skills and knowledge is much more preferable than making money with money(which happens with investing in the best case scenario.)

I like the idea but what you mention only can do if we have job and money, every activity have prices. Start with saving and learn world out side reality will open our mindset about future, the problem is we don't want to try if already  on safe zone. Get out now and use your time and money to get cash, after that we can learn about invest/ trade to get financial freedom.