The biggest and most common financial regrets people will have.
1. "I should have started investing and making financial plans, earlier."
2. "I wish I had taken more risks and tried more things, when I was younger."
There are some who say its bad to have a tattoo. "The tattoo will look bad, when you're old." There are also many who wish they had tried more things when they were young. Before their window of opportunity closed. Before they had kids who rely on them, where they have less time. Before they were in a position where it became much more difficult to start a business or try different methods to tap other revenue streams.
For those who profit with stocks, crypto and other assets as other means of income. The most common regret is not having started earlier. Time spent idle could translate to opportunities missed.
There are some who believe the biggest danger is taking a chance. They play it safe. Not realizing not taking risks, could be the biggest risk of all.
Please share what you believe to be the biggest risks in finance.
Before there is money, have good financial planning. We will arrange what we will do first, as if what comes out of our minds has a good accounting book. It doesn't even cross our minds to buy a luxury car. The use of money is only for business, effort and effort. But when we already have money, we forget all that, we will buy a luxury car, the rest is entertainment. This is the condition of our management in controlling finances.
But awareness will come back after everything disappears from the front. Yes, indeed the saying goes that regret always comes in the end. Aren't people always present in our lives to remind something good.
Now let's see about crypto investing. Many of us wish to invest long term, but we can see how many withdrawals to the bank are in each month from the crypto yields. Of course that goes against what we said about long-term investing.
Out of millions of crypto users, only a few are the best holders, and they are average billionaires. As for low-end crypto users, they talk about the future, but they cannot deny today's needs.
When will regret arise? When they see what they invested before has reached the top.