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Topic: The need to acquire an asset now - page 3. (Read 686 times)

legendary
Activity: 1554
Merit: 1139
February 09, 2024, 06:08:58 PM
#8

Not all assets are an investment, hope you know that?

We happen to misunderstand these things because of the part of the world we live in or come from. Where we hardly pay taxes for the things we own, in fact, we don’t even pay at all. We just enjoy what we’ve archived and that’s it but, not all assets serves for an investment. Some are a liability. Once you’re paying for maintenance, paying taxes on them and they aren’t fetching you any money in return, it’s a liability.
Arguably, owning a house has been put in this category. Maybe not having to own a house down here but, in developed societies.
It saves you from having to pay rent but, you still get to be taxed on it and the many amenities you enjoy.

That’s why Bitcoin suits for a proper investment at this time, it’s not being taxed except declared in some instances.

Meanwhile, it pays to archive goals for a lifetime, I wouldn’t say asset but, money fetching asset. Perhaps if people really view opportunities to be once in a lifetime and some means to save guard there future, they would be sure to make good use of them when they eventually find it.
legendary
Activity: 2478
Merit: 4341
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February 09, 2024, 06:05:40 PM
#7
The time is now to start thinking about the future and stop living extravagant lifestyles trying to impress people who wouldn't even know how you are doing when you peradventurely fall.

As you no plan, you dun automatically plan to fail. If you no make good use of your youthful days, when you dun old you go still dey suffer dey work from hand to mount. All this old men wey dey work as security men today fit be ballers in their youthful days and dem forget to invest so make we try not to belike them by doing what is needed to be done to have a fruitful future.

As you dey get money and all you dey think about na how to impress people wey be say dem no even fit get wetin you get na when you no get that money again, na dat time you go know wetin you dun do with your life. Planning your life by investing into assets is necessary, na assets wey you buy today wey go rescue you tomorrow when everywhere dun dry. This money no dey dey foolish man hand forever as you go disrespect am by wasting am for liability them na so the money go dey move away from you.

No live extravagant lifestyle when you no get assets wey go fit take care of those bills without having to use money that are meant to be seeds. No go dey flex money wey you suppose to dey invest. Just arrange yourself well and live in a comfortable way then invest the rest into assets wey go dey multiply your money and not only storing it.
sr. member
Activity: 434
Merit: 275
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February 09, 2024, 05:30:32 PM
#6
The time is now to start thinking about the future and stop living extravagant lifestyles trying to impress people who wouldn't even know how you are doing when you peradventurely fall.
Definitely now is the best time. A person that doesn't plan his life well at youth usually blame his or her parents or village people for his misfortunes. Forgetting that he had the opportunity when he or she was younger and paraventure. Just like they said time waits for no body. so do time passes and can never be gotten back. The more the day passes the more we grow closer to our grave and we are thinking about it
sr. member
Activity: 476
Merit: 230
God is All
February 09, 2024, 04:01:25 PM
#5
Many people wishes to get an asset when they start making it in life but as soon as such opportunity comes up they begin to live frivolous lifestyle and saying that they are still young as they can still meet up their target anytime without knowing that time flies and an opportunity that one may miss in life can take longer time to get again.


This is basic life principle, and like you said many people fail to see what is beyond, because they are short sited and that's what blinds them. Planning for the future ahead should be every mans dream and everyone do think this but at the moment the funds to process it becomes available their entire thought change within a flash and although the symptom isn't the same for everyone but a large majority of the human population fail under this category.
sr. member
Activity: 630
Merit: 298
February 09, 2024, 03:40:12 PM
#4
No doubt about the fact that it is good to invest your money while you are young, and you shouldn't spend your money on  frivolities. but one thing you must understand is the fact that most young people hardly come across funds to make investment for themselves. It is good to make your plans early and activate them, but our Nigerian society is one place that doesn't give young people favorable condition to achieve some of these goals, so probably your location and poor funds might lead to you achieving some of this goals in the later part of your life.

I have to agree with you that before an individual can engage or dive into investment you might be stable. But sometimes many people actually over estimate this stability for buoyancy, you need to be well positioned to actually start an investment, investors or business people do not start there investment, only when they are comfortable but they start from scratch and mostly have a rough start to the business.

Seriously the country is not enabling for youths to actually have start up capital but I will tell you that there are some that get money off the internet legitimately and instead of diversifying that money they easily upgrade their social life instead.
sr. member
Activity: 434
Merit: 254
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February 09, 2024, 03:19:56 PM
#3
Many people wishes to get an asset when they start making it in life but as soon as such opportunity comes up they begin to live frivolous lifestyle and saying that they are still young as they can still meet up their target anytime without knowing that time flies and an opportunity that one may miss in life can take longer time to get again.

It is very good for us to know that the clock is ticking and as it's ticking that's how we are ageing as well, we should make judicious use of any opportunity we have to acquire an asset that would stand for a long time and even help us achieve our dreams, don't feel that you are too young for anything as we are in a digitized world now as everything is going digital that how things are changing so we may not really achieve things on a platter of Gold as you previously did, so it is important we plan now that we are sound and healthy and have no much responsibility yet rather than waiting at a time that every thing would become compounded such that we may not even have time for ourselves anymore.

The time is now to start thinking about the future and stop living extravagant lifestyles trying to impress people who wouldn't even know how you are doing when you peradventurely fall.


Acquiring an asset is good but I want you to understand that it takes a great discipline to invest in an asset when one is having money, the mindset of most people that has money is that once you have money, the money continues coming without stopping forgetting that as a rich man or someone who has money, once you don't have an investment, you are just like a poor man, the truth is that to remember investment when money is available is not an easy one, the best approach for everyone be it rich or average people is that everyone needs to build the mindset of owning an asset because time shall come when asset will be the means of survival for people, make sure you are investing no matter how small.
sr. member
Activity: 700
Merit: 270
February 09, 2024, 02:35:32 PM
#2
Many people wishes to get an asset when they start making it in life but as soon as such opportunity comes up they begin to live frivolous lifestyle and saying that they are still young as they can still meet up their target anytime without knowing that time flies and an opportunity that one may miss in life can take longer time to get again.

It is very good for us to know that the clock is ticking and as it's ticking that's how we are ageing as well, we should make judicious use of any opportunity we have to acquire an asset that would stand for a long time and even help us achieve our dreams, don't feel that you are too young for anything as we are in a digitized world now as everything is going digital that how things are changing so we may not really achieve things on a platter of Gold as you previously did, so it is important we plan now that we are sound and healthy and have no much responsibility yet rather than waiting at a time that every thing would become compounded such that we may not even have time for ourselves anymore.

The time is now to start thinking about the future and stop living extravagant lifestyles trying to impress people who wouldn't even know how you are doing when you peradventurely fall.
Like they usually say you can easily use your mouth and build skyscraper, but then in real time you cannot even do that when the opportunity comes. It is not everybody that plans and at the end of the day goes ahead to fulfill his or her plan, some people are just good in talking but not too good in doing it.

No doubt about the fact that it is good to invest your money while you are young, and you shouldn't spend your money on  frivolities. but one thing you must understand is the fact that most young people hardly come across funds to make investment for themselves. It is good to make your plans early and activate them, but our Nigerian society is one place that doesn't give young people favorable condition to achieve some of these goals, so probably your location and poor funds might lead to you achieving some of this goals in the later part of your life.
full member
Activity: 434
Merit: 216
February 09, 2024, 02:20:03 PM
#1
 Many people wishes to get an asset when they start making it in life but as soon as such opportunity comes up they begin to live frivolous lifestyle and saying that they are still young as they can still meet up their target anytime without knowing that time flies and an opportunity that one may miss in life can take longer time to get again.

It is very good for us to know that the clock is ticking and as it's ticking that's how we are ageing as well, we should make judicious use of any opportunity we have to acquire an asset that would stand for a long time and even help us achieve our dreams, don't feel that you are too young for anything as we are in a digitized world now as everything is going digital that how things are changing so we may not really achieve things on a platter of Gold as you previously did, so it is important we plan now that we are sound and healthy and have no much responsibility yet rather than waiting at a time that every thing would become compounded such that we may not even have time for ourselves anymore.

The time is now to start thinking about the future and stop living extravagant lifestyles trying to impress people who wouldn't even know how you are doing when you peradventurely fall.
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