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21  Economy / Economics / Re: Take care of your money and learn to save. on: May 20, 2024, 12:38:19 PM

Nothing is bad in saving but saving for long term in a country where inflation is high is a very bad idea. It's not everything you must invest all your money into, you may need money for emergency purposes, you might need money for health related issues and even insurance, this is where savings help you but when you are saving for years, the money start to lose it's value because of inflation because what you save to buy this year can't be the same price the following year, the price would definitely increase.

Investment is the best of all, if you aiming for long term money value and savings, it's what you need and what you need to be able to buy what they are selling at lower price today and be able to buy tomorrow even when the price has double, a saving would need an extra money to be able to buy what you need when the time is right.

I really advocate saving money and I consider it more important than investing because it can help us in emergencies. But I have to agree with you, it is a bad idea for us to save long term because our currency is losing value every day even in countries with developed economies let alone countries with high inflation.
Regarding investment, we have many options and depending on each person's preferences, we can make appropriate choices. For those who prefer safety and stability, investing in gold or real estate will be a much better solution than long-term savings in fiat currency.

Yes maybe saving can also be useful to be used as an emergency fund to overcome problems that occur unexpectedly but on the other hand I can't choose or can't say about which one is more important between saving and investing, because of course both are quite important and recommended to do if you feel financially capable of doing so. But on the other hand, I think I would agree with what you said that saving money can make us lose the value of money because of inflation that can occur at any time and I think it is because of this that people prefer to allocate their money to investment, and yes for the problem of what type of investment they will choose basically for this problem really depends on their respective beliefs or beliefs, which usually maybe more of them see in terms of significant profits and for myself so far I am still maintaining my investment in Bitcoin while waiting for the halving phase in the next four years.

But you need to distinguish that saving for emergencies is different from saving money over many years for the purpose of accumulating assets. Inflation and currency devaluation are extremely dangerous, but for short-term or emergency savings, devaluation is not too significant and not worth worrying about.

In addition, not every investment brings profit without risk, so you need to consider and allocate capital to invest appropriately. The mistake I see many people make is that because they are so eager to get rich, they don't have any savings and put all their money into investing. But they do not know that risk is always lurking behind and can attack them at any time, investing is not as easy and safe as they think.
22  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 20, 2024, 11:15:44 AM
The last matches of the league were completed as of yesterday and Manchester City managed to declare their championship as expected.City, who fought fiercely with Arsenal, won the championship with a difference of 2 points, which shows that the competition continued until the last week.We watched a City that did not face defeat at home this season.They completed with 14 wins and 5 draws in 19 matches.The last league match was played at home again and they reached the championship by defeating West Ham 3-1.We can easily say that they did not even give their opponent the opportunity to play the ball. The last league match was played at home again and they defeated West Ham 3-1 and reached the championship.We can easily say that they did not even give their opponent the opportunity to play the ball.West Ham struggled to find even a goal position throughout the match and managed to score in one position.

Manchester City players performed well against West Ham. Manchester City have won 9 matches in a row in the Premier League. And because of the continuation of the winning streak, the team was able to win this season's title. If City had lost points in one of these 9 matches, Manchester City would not have been able to win the Premier League title. Manchester City is only 2 points ahead of Arsenal.



Played very well from the start of the match against West Ham. City players attacked a lot. Phil Foden had an excellent start. He scored the first goal in the 2nd minute and the second goal in the 18th minute. West Ham, on the other hand, only resisted City's attacks. In the whole match, City players made 28 shots while West Ham made only 3.
23  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: May 20, 2024, 10:11:36 AM
Harry Kane is a good striker, Harry Kane has also managed to become the top scorer in the Bundesliga, he has good experience as a striker, it cannot be denied that he often scores goals and he has become an important player for the England national team, but it's a shame that Harry Kane hasn't can win the championship trophy wherever he plays.

Currently, many of us think that Harry Kane is Munich's failure to win the Bundesliga this season, but if you look at it realistically, Munich is not in its best form this season, many of the wins that Munich got this season were due to Kane's goals, maybe the luck of the original striker He hasn't got England yet, but if you look at what happened this season, I think Munich will also strengthen their performance next season so they can become champions again, and Harry Kane can break it quickly next season.

I don't know what I don't like that word manage especially when the player deserves it, earned it as well. Before the move to Bundesliga and Bayern Munich, he has done it for Tottenham Hotspur for more than five seasons back to back. I would wish he move to Manchester United but things don't alway go as you plan. In the upcoming Euro's Competition, he will lead the line as attacker and Captain of the three lions.
It's no shame, it is what it is. It was same for Thiago Silva until he finally moved to Chelsea to win the Champions League Competition. ( Yeah, I'm aware he won other trophies. Emphasis on the Champions League Competition )

I'm not one of those retards who thinks that Harry Kane is the cause for Bayern Munich fall. Those who cannot see Thomas Tuchel and the declining Bayern Munich squad as fault must be dump in the head. How can you label someone who scored 38 Bundesliga League goals as failure, what has gone wrong with football fans?
These days I laugh when I read stuffs like this, hoping he keeps cool head ahead of upcoming Euro's Competition. They don't have a good coach otherwise, I'd be rooting for them.

Yes, it is very true. Harry Kane has done everything for his team to make sure that they actually win the Bundesliga title. However, the team has not worked well enough under the management of the current coach. I definitely think that is the big problem for Bayern Munich right now. Imagine giving this same team to Alonso. Do you think he will not be able to win the title with the same Bayern Munich team? He would be able to do incredibly well. And he might even be able to do well in the Champions League competition with the same Bayern Munich squad. I am not trolling. This is very serious.

And the people who actually think that Harry Kane is the reason why they have not been able to win the Bundesliga title, I have to say that they should stop believing in these superstitions. I mean it is all fun and games as long as it is just jokes. But those people who really believe it definitely have something wrong with their minds.
24  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: May 19, 2024, 08:34:01 PM
and now it's official, Sassuolo returns to Serie B after 11 years.

They tried in every way but with the serious injury to Berardi and the sales of important players to raise cash they were unable to save themselves.
The last relegation team will be decided during the next and final day.
This was a very disappointing season for Sassuolo because they had to be relegated to Serie B but they failed to show something that would allow them to survive in Serie A. The 22 defeats they received, 8 draws and 7 wins did not allow them to survive. their position is in Serie A, and now they have to say goodbye to Serie A because they have to go to Serie B.
Sassuolo will accompany Salernitana because Salernita is the first team to confirm relegation. Now they are only looking for 1 more team that will complete the 2 teams that will go to Serie B. Empoli, Udinese, Verona are still in a very threatened position, because they are not completely safe now. For Empoli, they only hope that the team above them will lose and instead they can get 3 points, that is the only scenario that will allow them to survive in Serie A, will that happen?

It is the survival of the fittest. And it is very much evident that Sassuolo was not fit enough to actually stay in Serie A. Yes, they had some good performances here and there. But the performance was definitely not good enough to keep them in the Serie A.

I think Cagliari, Frosinone, Verona, and Udinese all of them are actually somewhat threatened to still finish in the relegation zone. Some more than the other of course. But I do not think Empoli is actually going to win the next match that they are going to play. Because they will be playing against Roma. Knocked out from the Europa League, is very interested in performing well in the Italian league. even though Roma is not performing very well, I do not think that they are going to dispatch. Because if they lose this match they will actually jeopardize the position of themselves playing in the Europa League in the next season.
25  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: May 19, 2024, 05:09:15 PM
FC Barcelona - Rayo Vallecano

I bet on Barcelona. I put them in my multibet bet, but to be honest now I have a lot of doubts as to whether I really made the best choice, Barcelona will play at home where they have a good history of winning, at least from what I could count, in the last 7 games in which Barcelona they played at home, they won in all 7 games and had good defense in most of the last 7 games they played at home, the problem is as follows:

Today's match is not an important match for Barcelona. The title has already been won by the Real Madrid team. And Barcelona have no chance of losing second place in the table. Therefore, even if we win or lose today's match, there will be no change in Barcelona's position in the points table.

However, Barcelona will definitely try to win today's match. This is Barcelona's home match. So Barcelona will definitely not want to disappoint the fans. A total effort to win is what we will see in Barcelona's game today.

Lewandowski gave Barcelona the lead by scoring a pass from Yamal in the third minute of the match. Barcelona's players are now more confident to score early.
26  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 19, 2024, 04:22:14 PM
Kinda looking hopeful for Arsenal in the game between Manchester City vs Westham, watching how Westham were beginning to stand up to their game towards the end of the 1st half as Manchester City possession over the game which gave them an early 2 goals started dropping. There's a possibility of Westham coming back in the second half to get an equalizer. Meanwhile Arsenal will need to get a win against Everton if by way of a miracle Westham are able to draw or win Manchester City in the second half to make it valid.  

Am not cool with how arsenal played in the 1st half they couldn't make clear cut of their chances to get those goals we had expected of them within that half, they only managed to get an equalizer after conceding making it 1:1.

It cannot be said that Arsenal's performance is weak. Arsenal players played a very good first half. Arsenal players have 70% ball possession. Also made a lot of attacks. But still the match was tied at 1-1 at the end of the first half. Idrissa Gueye's goal gave Everton the lead in the 40th minute. And in just 3 minutes, Tomiyasu equalized the match with a goal. Arsenal's performance is good enough but they are not able to score.

Even though Everton are behind in the points table, they are not a weak side. Everton has played well this season as well. And the Everton team surprised everyone by performing well against the big teams several times. So I wouldn't be at all surprised if today's match is a draw and Arsenal don't get 3 points. This possibility is not low.
27  Economy / Economics / Re: Take care of your money and learn to save. on: May 19, 2024, 01:47:21 PM
Saving is something that is very necessary for future needs. I myself have been doing it for several years and until now. As much as possible, I not only save but also invest. I usually set aside 10% of my salary to invest in Bitcoin so that at retirement age I don't run out of money. The money will continue to flow even if I don't work because I already have savings and income from investments.

Nothing is bad in saving but saving for long term in a country where inflation is high is a very bad idea. It's not everything you must invest all your money into, you may need money for emergency purposes, you might need money for health related issues and even insurance, this is where savings help you but when you are saving for years, the money start to lose it's value because of inflation because what you save to buy this year can't be the same price the following year, the price would definitely increase.

Investment is the best of all, if you aiming for long term money value and savings, it's what you need and what you need to be able to buy what they are selling at lower price today and be able to buy tomorrow even when the price has double, a saving would need an extra money to be able to buy what you need when the time is right.

I really advocate saving money and I consider it more important than investing because it can help us in emergencies. But I have to agree with you, it is a bad idea for us to save long term because our currency is losing value every day even in countries with developed economies let alone countries with high inflation.
Regarding investment, we have many options and depending on each person's preferences, we can make appropriate choices. For those who prefer safety and stability, investing in gold or real estate will be a much better solution than long-term savings in fiat currency.
28  Economy / Economics / Re: How to improve your condition? on: May 19, 2024, 01:07:17 PM
People in the forum come from all over the world and each country will have its own difficulties, we cannot know all the difficulties that many other countries face.

I understand what you're saying and can sympathize with you because as far as I know, there are many countries with insolvent governments and triple-digit inflation, so surviving is a difficult task, let alone getting rich. But you can let people know where you come from, what the current difficulties you are facing really are, from there people can give you more useful advice. We're not in each other's shoes so giving advice is almost meaningless.
29  Economy / Economics / Re: Starting a business without capital. on: May 19, 2024, 12:48:26 PM
But without capital, how can we build relationships, how can we create a good reputation...? It can be said that everything is closely related to each other and to be successful we need to combine it all. I have not seen anyone succeed without capital, or anyone have relationships without capital in these days.

I'm not saying what you said is wrong, there are still some people who become rich from nothing but such stories are not many and we can't even see someone who can do that in today's society. Those stories were stories of last decade, they are no longer true in today's society. That's why people often say the poor get poorer, while the rich get richer.

Indeed, everything requires initial capital to be able to run the planned business, of course capital is not only in the form of money, even with skills and knowledge, in my opinion, that is the initial capital that must be had. It's true that what you say is all closely related to each other, of course to be successful we don't just have to have capital, we have to master the skills and knowledge. no one is successful without using capital at the start.

To be able to start a business requires hard work with the aim of success, with those who are willing to work hard and never give up doing what they want, I think they have the opportunity to be successful, in fact everyone has the right and opportunity to be successful, but it all depends on them. themselves whether they themselves will fight for it or not.

It can be seen that in this era, no one can start a business without knowledge, skills, technological equipment... and to own all of those things we also need money. Like the job the OP mentioned is affiliate marketing, it's true that we don't need to spend capital to import goods, rent warehouses, hire employees... but need the internet, phone, laptop and these things are related money. So as I said everything is closely related, no one can do business without money and the factors we mentioned.
30  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: May 18, 2024, 04:35:28 PM
Bayern may be in Champions League, but don't expect them to play dead against Hoffenheim. Second place matters to Bayern, man. It doesn't influence their European spot, but they desire a successful season. It's about momentum, it's about proving who's boss, it's about pride. Avoid underestimating that. This is Hoffenheim's biggest game of the year. Europa Conference League or bust; they must beat Bayern to qualify. The problem is, Bayern is freakin' Bayern, man. Even when they're coasting, they're dangerous. Hoffenheim must play their best and hope Freiburg loses
Currently both teams are almost entering the last minute of the game and while Hoffenheim won with a provisional score of 4-2 over Munich and indeed it looks like the two teams are playing quite evenly in possession, but Bayern Munich who did field their reserve squad actually had a quick lead over Hoffenheim in the 4th and 6th minutes, but Hoffenheim who did need 3 points in today game to maintain their position in the Europa League zone certainly does not want to Losing and they were able to fight back to equalize the score in the 8th, 68th minutes and finally comeback in the 85th and 87th minutes, I think indeed Bayern Munich no longer have high motivation in the game because their position is no longer disturbed in the Champions League zone.


Source: https://x.com/MunichFanpage/status/1791866570697777277

This was definitely a very unexpected result. Almost everyone expected Bayern Munich to win this match. Especially since they do not have any other competition to worry about right now. A great comeback from Hoffenheim and a great performance from Kramaric as well. I did not think that Bayern Munich was actually going to lose like this in this match. It is actually very sad to see that a great player like Harry Kane who has actually scored 36 goals for his team is honestly unable to win anything with his team. Even though he was the top scorer of Bundesliga this season. I think the blame definitely goes to the coach.

In my opinion, his tactics were not good enough. Yes, a lot of people are going to say that he could have had a chance to win the Champions League if he could reach the final and there was a controversy for which they were unable to do so. But they shouldn’t have lost the Bundesliga title in the first place. And he also shouldn’t have made so stupid substitutions towards the end of the match in the Champions League against Real Madrid.
31  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: May 18, 2024, 04:22:46 PM
For Barcelona to finish in second place in the La Liga table after struggling in La Liga, it means that Barcelona's squad is good and they can perform better next season if there is a small addition of quality players in their squad. Barcelona doesn't need to sign 5–6 players before they can compete with Real Madrid for the La Liga title next season. If Barcelona can sign 3–4 good players to boost their squad next season, I think they can challenge Real Madrid for the La Liga title next season.
Real Madrid and Barcelona are eternal rivals every season so they always seem to be competing and want to be stronger than each other. However, for next season, Barcelona must also have better tactics apart from recruiting the players they need, because if they only recruit players without better tactics next season, Barcelona will also find it difficult to compete when facing Real Madrid. Because Real Madrid itself will also be stronger with the arrival of its new players next season.

Quote
Barça beat Almería, Xavi Hernández job in serious jeopardy
100th league game for Xavi Hernández as coach - FC Barcelona
Xavi Hernández has just coached his 100th game at FC Barcelona, and was able to celebrate the occasion with a very solid 2-0 win. Since joining the club when it was ninth in the table in November 2021, he took them up to second, then won the title in his first complete season, and has very nearly secured another runners-up finish after tonight's positive result put four points between his own team and Girona with just two games left to play.
Source: https://www.barcablaugranes.com/2024/5/17/24158587/fc-barcelona-news-17-may-2024-barca-beat-almeria-xavi-hernandez-job-in-serious-jeopardy

Finally, Barcelona has been able to put themselves back in the second position and now it looks like Barcelona is not going to fall back to the third position. Because Barcelona is going to play against Rayo Vallecano and Sevilla. Both of them are not performing well at this moment. That's why I think it is not going to be a big problem for Barcelona to win against those two teams. But the thing is Girona is also going to play against two very easy opponents. So if Barcelona actually makes any mistakes Girona will definitely get to the second position again.

You know,  Barcelona does not have any other competition to worry about, So I think Barcelona should be able to win both of the matches that are left if they do not make any big mistake in the defense. that would be the main target for Barcelona right now.
32  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: May 17, 2024, 06:59:03 PM
England women team is batting after wining the toss. In first T20 we saw England losing wickets in first three overs but today they are playing with caution. Aftet 17 overs England score is 110, and they have lost 5 wickets. Pakistan team must try to restrict England team from crossing 140 and if they are successful in doing that then they have a chance to win the game.
I think in this much the Pakistani ladies will come back. Because England women team seems willn't cross the 145 in this match. But still Pakistani women's have to improve their batting performance because they get all out in the previous match in only 110.



Although England women team set a small target of 145 runs, still I think England team will win this match as well. The England women's team is quite experienced. On the other hand Pakistan women's team is not strong enough. We got proof of this in the first match itself.

England Women set a target of 164 runs in the first match of the series. But Pakistan Women lost all wickets in 18.2 overs and collected only 110 runs. Pakistan team was defeated by a big margin of 53 runs. The team could not reduce the margin of defeat.

England has collected 144 runs in today's match as well. Pakistani bowlers bowled quite well today. But Pakistani batsmen don't seem to be able to do well today. England women's team is more likely to win.
33  Bitcoin / Bitcoin Discussion / Re: When investing in Bitcoin: what to consider? on: May 17, 2024, 02:06:37 PM
. So what are your opinion towards the people that are investing in Bitcoin?
those investing in Bitcoin are individuals that understand the importance of freedom and are willing to buy into the idea of liberating themselves from a system that only seek to enslave it user and deprive them of full ownership of thier wealth.

Not really, because not all bitcoin investors are using decentralized exchanges, non-custodial wallets, the majority are still using centralized exchanges and even store their bitcoins on it.

With what's currently happing with fiat, we've seen almost an higher rate of volatility with fiat more than what is even applicable to bitcoin and the sad thing is that for fiat, most of them have been experiencing regular and consistent devaluation in Thier worth and it purchasing power has reduced to drastically with time. For those of us that use NAIRA as our fiat, the financial systems hasn't been as bad as what we have now with fiat loosing it purchasing power and inflation gaining momentum at a tremendous rate. It only calls for an alternative to these faulty systems and Bitcoin comes him as the surest alternative that has the potential of solving most of these problems.

Even if your country uses bitcoin as a replacement for your national currency, there is no guarantee that your country's economy will be better and people's lives will improve. A country's currency is valued by its economic potential. If your country has a corrupt government that doesn't care about the domestic economy, people don't have jobs, don't generate income, avoid taxes. Even if you use bitcoin or any other currency, your country cannot escape its current difficulties.
34  Economy / Economics / Re: April CPI eased to 3.4 from 3.5 in March on: May 17, 2024, 01:54:48 PM
windfury keeps assuming bitcoin is dependant on US financial news for the reasons of bitcoins dips/surges, he has many times try to promote nonsense linkages of coincidence.

however that same day coinbase exchange had some access issues which has in previous events always caused dips and surges of people panic buying coin to get coin out of an exchange due to fears of exchange liquidity

in short the coincidence of a market change vs a news event has more causality relation to the 'coinbase outage'  rather than CPI report

but with that said the 'surge' windfury mentions is not a large change in comparison to other movements of the past.
bitcoin prices are not naturally stable, but the change of the 14th was not one of extremes

Not just bitcoin and even other financial markets like gold and stocks, you can also see that they all reacted positively to the recent CPI news. And after all, bitcoin is just a part of the world's financial market, so it will obviously be affected. To be more precise, bitcoin or gold are just financial tools and are invested in by people, and macro news is directly affecting investor psychology. So, I don't see anything wrong in saying that bitcoin price is affected by news about CPI, inflation, war...

This is not the first time so I can't say it's all just a coincidence, wait for the next CPI announcement or the Fed to lower interest rates, I don't expect you to continue calling it a coincidence.
35  Economy / Economics / Re: Starting a business without capital. on: May 17, 2024, 01:45:12 PM
In business, capital is not just money, and money alone will not be enough as capital. If we can be trusted, have good credibility, have a good name, have skills, and have a good network then even in conditions without money we can pursue success. Moreover, many people are successful by acting as agents or intermediaries between sellers and buyers even though they don't have any capital.

But without capital, how can we build relationships, how can we create a good reputation...? It can be said that everything is closely related to each other and to be successful we need to combine it all. I have not seen anyone succeed without capital, or anyone have relationships without capital in these days.

I'm not saying what you said is wrong, there are still some people who become rich from nothing but such stories are not many and we can't even see someone who can do that in today's society. Those stories were stories of last decade, they are no longer true in today's society. That's why people often say the poor get poorer, while the rich get richer.
36  Economy / Economics / Re: Your own people family best friends and loyal supportive people are true wealth on: May 17, 2024, 01:30:35 PM
Sadly, money is the centre of attention in today's world. Everyone is looking to earn more and more and in pursuit of this, they have forgotten the basics of life. Nowadays, I see many parents who don't have time for their children because of their jobs ( yes, inflation did cause people to work harder, but there should be family time). Kids spend most of their time in childcare centres and senior citizens live in old age homes. 
People should spend time with their family and friends because they are an important part of a person's life and will support you at every step (if they are loyal). Make memories when you have time because it will all end up too soon and you won't even realize it. 

I agree with what you said, money is considered the most important thing in today's society and because of money we have lost a lot of things until we realize it is too late. But we can't blame anyone because today if we don't have money we will be eliminated from this society. Many parents cannot spend time taking care of their children, many children cannot be filial and have to send their parents to nursing homes...But if we don't work hard to make money, how can we provide the best things for our children like school, food... and if our parents are sick and don't have money, where will the money be will we save them? It is difficult to balance everything in this life and sometimes we have to make choices.

Yes, money is an important aspect of life and I appreciate those doing extra work to support their family. There should be family time (1 or 2 hours) where everyone talks about their day and what is going on in their life so that they can help each other effectively when the time comes. It is also important to invest in stocks etc. for effective management of resources in the future. Things are difficult for many people and they are making a lot of sacrifices.

Money, health, loved ones...all are important in our lives and our job is to find a way to balance it all so that everything is as perfect as possible. And if in worse situations we cannot balance everything then we need to make choices and which one to choose depends on each person's circumstances and decisions.
That's why I see people constantly arguing about what happiness is, what's more important than money, what's the most important thing in life...and I think it's not easy to balance everything and maybe people are making priorities, and it depends on each person.
37  Economy / Economics / Re: Banks have money but they don't cooperate on: May 16, 2024, 10:50:43 AM
Yes, bro, don't be careless in every action you take, especially in relation to banks, don't let us be fooled by their written agreements because we weren't careful when signing the agreement, maybe there was something we missed in the letter that we didn't read, maybe that's it. can make us feel at a loss, because if they have collaborated with us, they automatically have nothing to lose, what they get is only profit, therefore they have to be careful and careful so as not to have fatal consequences in the future.
Even if we were the most careful in reading the contract, there are loopholes these banks can go through just to get the most out of you and your money. This is why illiterate people are the most vulnerable with this types of contracts and institutions such as banks tend to capitalize or take advantage of them.

Better to always have a lawyer prepared if you plan on signing any contract any time soon.

If you feel the bank is cheating you and taking your money... never do business with them, stay away from them under any circumstances. The bank has never put a knife to your throat and forced you to borrow money from them or forced you to deposit money in the bank. If you feel like you don't fit within the rules they set, don't participate in their game. And if there is no one to help you when you are in trouble and need to go to the bank, then you need to accept the game they create.

I don't understand why we always try to badmouth and blame banks when we can choose to stay away and ignore them. Like fiat money, if it's bad, it makes you poorer and poorer, you just need to stay away from them and choose things that you think can make you rich.
38  Economy / Economics / Re: This Will make you rich on: May 16, 2024, 10:37:49 AM
Quote
This Will make you rich

Stop teaching others to get rich, stop giving advice to others to get rich while you are struggling with everyday life. No offense but I wanted to ask if you are in the 1% you are talking about and are you rich yet? I think giving advice or ideas to make others rich is not a wise thing to do. Instead, you should focus on enriching yourself and when you actually achieve the desired results, go back to teaching others about the things you learned, experienced and helped you become rich.

There have been a million wealth ideas discussed here, but so far, the people who came up with those wealth ideas are having worse lives than the people they gave their advice to.
39  Economy / Economics / Re: Your own people family best friends and loyal supportive people are true wealth on: May 16, 2024, 10:27:04 AM
Sadly, money is the centre of attention in today's world. Everyone is looking to earn more and more and in pursuit of this, they have forgotten the basics of life. Nowadays, I see many parents who don't have time for their children because of their jobs ( yes, inflation did cause people to work harder, but there should be family time). Kids spend most of their time in childcare centres and senior citizens live in old age homes. 
People should spend time with their family and friends because they are an important part of a person's life and will support you at every step (if they are loyal). Make memories when you have time because it will all end up too soon and you won't even realize it. 

I agree with what you said, money is considered the most important thing in today's society and because of money we have lost a lot of things until we realize it is too late. But we can't blame anyone because today if we don't have money we will be eliminated from this society. Many parents cannot spend time taking care of their children, many children cannot be filial and have to send their parents to nursing homes...But if we don't work hard to make money, how can we provide the best things for our children like school, food... and if our parents are sick and don't have money, where will the money be will we save them? It is difficult to balance everything in this life and sometimes we have to make choices.
40  Economy / Economics / Re: Buying Vs Renting a Home- Which is the right move? on: May 16, 2024, 10:12:39 AM
When discussing whether it is better to buy a house or not, it depends on where we live, because we cannot generalize housing prices in a country, because usually house prices in suburban cities and the city center can be very different. And also we need to consider financial capabilities, a person's job, and whether the person needs a house or not. Because if the person has a job that doesn't stay in one city, then renting a house could be the best choice. However, if he has a permanent job in one city, but does not have enough income to buy a house, then it is better to just rent a house or buy a house on the outskirts with easier access. So there are many considerations for someone buying a house, because renting a house could be more profitable or conversely buying a house could be more profitable.

I agree, the OP's question is too general and difficult to answer accurately because as you said, whether to rent or buy a house depends on many factors.

Personally, I come from a developing country and owning a house is much more economical than renting. Not to mention, owning a house or real estate can also bring us a source of passive income. Meanwhile, many people choose to rent a house because they do not have much money and many people think that: with the total amount of money they use to rent in their whole life. They can own a house and after they pass away, that house can be left to their children. That is one of the advantages of owning a home in my country and that is why everyone dreams of owning real estate.
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