Topic: This what poor people need - page 5. (Read 565 times)

I agree with you. The poor would hardly bother with IPOs and whatnot because they're too busy trying to make ends meet and feed one another. To be able to learn about money management and finances is a privilege.

You have to get out of your high chairs and realize that the system is flawed and its not the less fortunate's fault to be in their situation. Everything is a lot harder because you have less access to almost anything as compared to the privileged. Having privilege truly does play a part in making it in society.

I am not sure whom you are defining as poor. In my country, poor people don't have the money or knowledge to invest in an IPO. They bearly live with their life by hand to mouth.

As an investor, I am also aware of the necessity of money management skills. But it doesn't mean you have to hire a fund manager for that. If you spend some time then you will also be able to learn the key factor and acquire knowledge about money management. Getting lucky with Shiba Inu doesn't mean you have good money management. Money management means risk distribution which is not so hard to learn if you can control your greed and emotions.

Please correct me if I'm wrong in my interpretation, but you seem to reduce poverty to the failure of individuals. The issue of poverty is rather complex so to speak. It is not even simply about a man having nothing to eat, much less about his failure to manage whatever he has-- time, wealth, and otherwise. 

From where I am writing, there are structural and systemic causes of poverty. An industrious farmer remains poor all his life despite giving his all.

What kind of poor people are they?
Poor people who really don't have money? Poor people in what countries? Because maybe the rate of poor people among the countries are different.
In certain condition, poor people don't need money management because they don't have any enough money to manage. What poor people need is only food to fill stomach, to still get a power, to work again and to get money again. Poor people often don't hold money in daily, sometimes we cannot eat rice or bread in two or more days, only drink is enough, mostly, even if they are holding very money, they can only divide it into their basic premier necessary and the money  is only for one or two days to survive. No  offense, because these were what my family and I had experiences for several years. maybe this will be different, with others.
Thanks God that we have passed this stage even slowly.
And only few poor people who have chances to get more struggle, to get chance to live better, to get better jobs, and to get everything better. No everyone has the same chance to  get education and to seek for knowledge and to have the similar chance to change their life, no. Only few of us.
And we can start doing money management if we have money in our hands, sometimes, it is only about a very simple money management,
And yeah, the chance to learn and get more knowledge is very precious for people like us, poor people. If there is a time to learn, some poor people will do and try harder. Open minded and willingness to change their life, to seek for knowledge, to try, and then to get or earn money based on the knowledge. Because knowledge is very important in whatever the case.
But exactly, money management is very important,  but in certain condition, it may not really work.

Correct, I have posted before that education or knowledge is important for everyone,
employment and a regular wage is also important.

To increase the standard of living of the poor a solution has to be sustainable.

Also, everyone cannot be wealthy, there has to be rich, poor and people in between.
Imagine everyone was at the same level, there would be people who spend more  than
others, people who save more than others, eventually a wealth gap would develop.

managing finances is very necessary, not only for the poor,
In processing money, usually poor people find it difficult to apply saving because financial limitations are different from the rich
So for the poor, investing in large amounts is very difficult, as you would say, investing in stocks
but in crypto maybe it can help the poor in terms of investing because crypto can be bought in small amounts min 10 $

Poor people need knowledge first. They also desperately need to learn how to manage even their small sums. The mentality of a poor man, and even more so a genetic poor man, is very different from the mentality and logic of a person with the right approaches. The mentality of a poor man "to fill his stomach", the mentality of a person who wants to increase capital - how to save money and how to invest more in the most profitable projects. Yes, you still need to be able to define what benefits are not projects, and this is from the field of knowledge. Knowledge which the poor do not have. For them, money is synonymous with the word "food", for you, money is synonymous with the word "a tool for making more money." This is a huge difference.

This what poor people need:
Is poor people fund managets who grow up their capital and reinvest this money for example in IPO on stock market and creating crypto projects to be listed later on exchangers 10x profit at least.
Also fund manager can use this capital to pump up the markets but first b4 pump the poor investors will know first.

It need be some mutual funds trust kind of thing also with insurance as rich bastards have.

All you need to do is copy paste the rich bastards and poor people get same results.

Also need teamwork and wealthy mindset but here is problem if u not with networking making connections and doing ur finances the way how it should be then u cant get wealthy.

So this one is suitable for ghetto people come together invest ur dope money in markets get few good traders and fund managers usually they have good inside info btw anyone who have learned about finances and corporate investment have some pretty decent inside info.

If u guys need more directions how to organize this proper way then ask.

Its time wake up and doing wealth without crime or working bs jobs such us construction or mc donalds.
Time imvest and manage ur wealth proper ways