Broly46 (OP)
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March 06, 2020, 03:09:03 PM |
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Everybody want to get rid of their life and they’re working day in day out, 24/7, never ending working, we are miles better, with avarage US employee work 1768 hours per year or 38.6 hours per week, better than Beijing 2096 hours, Tokyo 1997 hours, Shanghai 1987 hours, Seoul 2307 hours, Dubai 2323 hours, New Delhi 2511 hours, Mexico 2622 hours.
The table didn’t deduct the time spend on commuting to work, lunch break, commuting to home, and yes, we are more than 10% better than busy Japanese working culture.
You want to quit your job and take care of your valuable life to do what you want to do in life, then you should start investing and start generating your passive income that can give you stream of cash flow every months without working, so that you can begin to planning your life and travel to enjoy what the exciting world await your visit. Don’t wait until you’re too old, start investing and living the life of your dream.
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March 06, 2020, 10:50:49 PM |
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In order to invest you need certain preparation an education on what to invest and how to invest, you can not start investing just like that.
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March 06, 2020, 11:23:22 PM |
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...then you should start investing and start generating your passive income that can give you stream of cash flow every months without working,..
Easier been said than done. People already know this and some are already working on it. However, it's not that simple and people can just start right away as we are living in different life standards. And even some already owned an investment, working will not stop there. They still have to manage it along the way. Investment is not a joke and to start it just to hope for a literal passive income isn't a good idea for me. People should invest to have a stable and regular source of income and not to rely on passive ones. Of course, it needs works but it's happy to work on something that we owned that generates a regular and good revenue. The effort and time spent is worth it.
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March 06, 2020, 11:31:48 PM |
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...then you should start investing and start generating your passive income that can give you stream of cash flow every months without working,..
Easier been said than done. People already know this and some are already working on it. However, it's not that simple and people can just start right away as we are living in different life standards. And even some already owned an investment, working will not stop there. They still have to manage it along the way. Investment is not a joke and to start it just to hope for a literal passive income isn't a good idea for me. People should invest to have a stable and regular source of income and not to rely on passive ones. Of course, it needs works but it's happy to work on something that we owned that generates a regular and good revenue. The effort and time spent is worth it. You are right, easier said than done. Also, passive income most of the time ended up not really passive as along the way, it stops for no reason. I don't believe in passive income as there are so many factors that will contribute to sustain its lifespan. And if one factor is not working, the chain would be derailed and goodbye to passive income that you are waiting for. And in terms of investment, not all people are lucky with this area. It takes a lot of experience and skill to get positive results from this.
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Broly46 (OP)
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March 07, 2020, 12:17:43 AM |
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...then you should start investing and start generating your passive income that can give you stream of cash flow every months without working,..
Easier been said than done. People already know this and some are already working on it. However, it's not that simple and people can just start right away as we are living in different life standards. And even some already owned an investment, working will not stop there. They still have to manage it along the way. Investment is not a joke and to start it just to hope for a literal passive income isn't a good idea for me. People should invest to have a stable and regular source of income and not to rely on passive ones. Of course, it needs works but it's happy to work on something that we owned that generates a regular and good revenue. The effort and time spent is worth it. Elon Musk did it Mark Zuckerberg did it satoshi did it Don’t loss your hope
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Broly46 (OP)
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March 07, 2020, 12:24:02 AM |
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Investing doesn’t hive guaranteed profit but if you do it early as possible then you have the chance to retire early because of your investment. If you want to succeed then keep working and working, don’t quit too early and think for a good business that can run your whole family. This is not easy but its possible to happen, so keep going.
You can begin generate passive income as young as kindergarten. Yes a saving account for kid did existed.
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crwth
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March 07, 2020, 12:26:25 AM |
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I don’t think everybody wants to get rid of their jobs just because they are working from 9 to 5 or any other working day in the world because they probably like doing it or that’s the career they have chosen, and I think there is a specific time in our lives that we get to retire with that and comparing yourself to others won’t do you any kind because of the expectation that you might have and Get disappointed in the long run. Time is the most important thing that we have, and it’s up to us on what we could do with it, and I think what’s important with us is to know what to do with that time and make sure that it’s building up for the future. When it comes to investing, I think it’s essential to think that it’s not for everyone just because they don’t have time to study it. With that in mind, I think it’s better to be educated compared to just investing, and from that knowledge, you could make your own business or somehow do that thing that could make you retire earlier than you want to.
You can begin generate passive income as young as kindergarten. Yes a saving account for kid did existed.
I think helping my kids to be Independent when it comes to their decisions would help them when they grow up. Letting them understand the benefit of saving and knowing what to do with their money is critical on what they would do when they grow up and become adults.
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Broly46 (OP)
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March 07, 2020, 12:27:17 AM |
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In order to invest you need certain preparation an education on what to invest and how to invest, you can not start investing just like that.
Any reasons holding you back? Everybody need to start at some point, when is your turn?
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FlightyPouch
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March 07, 2020, 12:31:05 AM |
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FOMO can be dangerous sometimes, but you don't need to rush things since you are missing out and there are these people that earn thousands and millions in their investments. Everyone wants to earn huge amount of money without working 6-8 hours a day, that is everyone's dream. Though you don't need to sugarcoat everything here, investing does not mean you can have a profit every day, every week or every month. You are still wanting these people to take a risk and you should let them know that.
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Broly46 (OP)
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March 07, 2020, 12:32:06 AM |
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...then you should start investing and start generating your passive income that can give you stream of cash flow every months without working,..
Easier been said than done. People already know this and some are already working on it. However, it's not that simple and people can just start right away as we are living in different life standards. And even some already owned an investment, working will not stop there. They still have to manage it along the way. Investment is not a joke and to start it just to hope for a literal passive income isn't a good idea for me. People should invest to have a stable and regular source of income and not to rely on passive ones. Of course, it needs works but it's happy to work on something that we owned that generates a regular and good revenue. The effort and time spent is worth it. You are right, easier said than done. Also, passive income most of the time ended up not really passive as along the way, it stops for no reason. I don't believe in passive income as there are so many factors that will contribute to sustain its lifespan. And if one factor is not working, the chain would be derailed and goodbye to passive income that you are waiting for. And in terms of investment, not all people are lucky with this area. It takes a lot of experience and skill to get positive results from this. You can’t quit your job, you can’t work for your entire life, you need to invest eventually, it’s now or never.
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Broly46 (OP)
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March 07, 2020, 12:37:19 AM |
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FOMO can be dangerous sometimes, but you don't need to rush things since you are missing out and there are these people that earn thousands and millions in their investments. Everyone wants to earn huge amount of money without working 6-8 hours a day, that is everyone's dream. Though you don't need to sugarcoat everything here, investing does not mean you can have a profit every day, every week or every month. You are still wanting these people to take a risk and you should let them know that.
Starting by investing your time, everybody has time to spend on something, you do not need a lot of time to start investing, the investment return is always parabolic, the beginning would always below expectation, when it took off, it fly to moon overnight.
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The Sceptical Chymist
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March 07, 2020, 12:38:59 AM |
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Everybody want to get rid of their life
Eh, I don't want to get rid of my life--but perhaps something got lost in the translation. I think Warren Buffett said that if you don't put your money to work 24/7, you'll be working the rest of your life. I agree with that statement regardless of who said it, but the problem of course is having investment capital to put to work. A lot of people out there are working crappy jobs for very little money, and they can't afford to save or invest anything. I definitely know people in that very position, and usually they're young or who've had kids when they were young--they didn't focus on getting a career before starting a family. And it's either that or they live beyond their means, racking up credit card debt to buy stuff they really don't need. But I certainly know where OP is coming from here. I'm not sure I want to retire early, as I like working, but having a financial cushion is the best thing anybody can do. You never know when the economy is going to crash or when you'll find yourself out of a job.
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Broly46 (OP)
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March 07, 2020, 12:49:05 AM |
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I don’t think everybody wants to get rid of their jobs just because they are working from 9 to 5 or any other working day in the world because they probably like doing it or that’s the career they have chosen, and I think there is a specific time in our lives that we get to retire with that and comparing yourself to others won’t do you any kind because of the expectation that you might have and Get disappointed in the long run. Time is the most important thing that we have, and it’s up to us on what we could do with it, and I think what’s important with us is to know what to do with that time and make sure that it’s building up for the future. When it comes to investing, I think it’s essential to think that it’s not for everyone just because they don’t have time to study it. With that in mind, I think it’s better to be educated compared to just investing, and from that knowledge, you could make your own business or somehow do that thing that could make you retire earlier than you want to.
You can begin generate passive income as young as kindergarten. Yes a saving account for kid did existed.
I think helping my kids to be Independent when it comes to their decisions would help them when they grow up. Letting them understand the benefit of saving and knowing what to do with their money is critical on what they would do when they grow up and become adults. How long can you depend on paycheck to support your lifestyle? Eventually you would need to quit your job, Didi Taihuttu quit his job and start investing for retirement, he did it! When are you going to do the same?
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crwth
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March 07, 2020, 01:01:47 AM |
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How long can you depend on paycheck to support your lifestyle? Eventually you would need to quit your job, Didi Taihuttu quit his job and start investing for retirement, he did it! When are you going to do the same?
I think what do people need to understand first is to be educated with what you can do with your current situation. For example, a person who is living paycheck to paycheck knowing that his lifestyle should be different and know what the limits are. I think it’s also a self-acknowledgment when it comes to these things because if you can’t get except that your lifestyle is not in accordance with your paycheck, then what could be left to invest? I didn’t say I didn’t invest in anything, though. I didn’t say that I don’t agree to start investing. LOL.
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Broly46 (OP)
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March 07, 2020, 01:03:43 AM |
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Everybody want to get rid of their life
Eh, I don't want to get rid of my life--but perhaps something got lost in the translation. I think Warren Buffett said that if you don't put your money to work 24/7, you'll be working the rest of your life. I agree with that statement regardless of who said it, but the problem of course is having investment capital to put to work. A lot of people out there are working crappy jobs for very little money, and they can't afford to save or invest anything. I definitely know people in that very position, and usually they're young or who've had kids when they were young--they didn't focus on getting a career before starting a family. And it's either that or they live beyond their means, racking up credit card debt to buy stuff they really don't need. But I certainly know where OP is coming from here. I'm not sure I want to retire early, as I like working, but having a financial cushion is the best thing anybody can do. You never know when the economy is going to crash or when you'll find yourself out of a job. I didn’t remember Buffett said anything about investing since he’s holding 99% cash, I might have some memory loss after all these while and need to get check. Yeah, working life is horrible, everybody want to get rid of their life working for someone, I think it’s for the satire to get rid of themselves, little to debate about why they get themselves into the hot water and work their entire life, they don’t even want to learn investing, that’s why they failed to quit their jobs. It’s a honour to get your attention about where I come from I guess? We should know when the economy come crashing the one that have most to loss are the working classes too, I think it stil come down to quit your job early so you can get rid of them all.
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SacriFries11
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March 07, 2020, 01:59:55 AM |
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Investing doesn’t hive guaranteed profit but if you do it early as possible then you have the chance to retire early because of your investment. If you want to succeed then keep working and working, don’t quit too early and think for a good business that can run your whole family. This is not easy but its possible to happen, so keep going.
The earlier you invest the earlier you can retire. As of now, my plan is to work harder than possible. My mindset is set for every paycheck that I will receive has percentage for crypto investment. I will definitely invest rather than saving. Applying for life insurance can help us a lot. If someone already done this, I know we can also do this. Money should work for us and life is short don't waste the time on working.
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butcherme
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March 07, 2020, 02:11:49 AM |
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Why not invest and work? So you can have an investment and also a stable income to sustain you daily needs? Investment is not an easy task you need a certain knowledge for it to work and be profitable.
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BlackFor3st
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March 07, 2020, 02:22:14 AM |
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Everybody want to get rid of their life and they’re working day in day out, 24/7, never ending working, we are miles better, with avarage US employee work 1768 hours per year or 38.6 hours per week, better than Beijing 2096 hours, Tokyo 1997 hours, Shanghai 1987 hours, Seoul 2307 hours, Dubai 2323 hours, New Delhi 2511 hours, Mexico 2622 hours.
The table didn’t deduct the time spend on commuting to work, lunch break, commuting to home, and yes, we are more than 10% better than busy Japanese working culture.
You want to quit your job and take care of your valuable life to do what you want to do in life, then you should start investing and start generating your passive income that can give you stream of cash flow every months without working, so that you can begin to planning your life and travel to enjoy what the exciting world await your visit. Don’t wait until you’re too old, start investing and living the life of your dream.
If investing is that easy to profit then many should have invested their money but because if we are talking about investment, there is always a risk to it meaning we cannot fully assure that we will end up profiting from our capital because we can also lost our capital if we will not be careful. I've been thinking this for a long time already as I like to quit my job and make a passive income in any means where I can sustain my daily expenses. Trading comes in my mind and also investing but after knowing the truth behind it, I just focus in rendering a service where I use my skills so I don't need to use any capital just to earn some money. It is my full time job right now but without a boss, meaning I can work anytime and I can rest anytime I like.
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Sanitough
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March 07, 2020, 02:26:29 AM |
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That's everyone's dream to retire early and enjoy life, but investing my friend is not easy, it's very challenging especially to people who are not even earning enough. In the Philippines, most of the employees are just earning a minimum wage of like less than 10 usd a day, so we can't blame them if they can't invest as they don't have the opportunity to do it.
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Janation
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March 07, 2020, 03:25:34 AM |
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Despite the fact that this might be an overstatement, somehow it is true.
I agree that we din't need to waste our time since it is always the one who's earliest, take the best. Though we don't need anyone to force themselves into it, atleast take some time to study it. Slowly, it might interest you and will make you start investing in an earlier stage. Profit can wait, it is true but you might regret those times that you did not invest earlier.
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