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Author Topic: Start investing so you can quit your job and retire early.  (Read 1247 times)
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March 20, 2020, 01:09:52 PM
 #161

This option is valid for people living in countries with high living standards and salaries. But what can you say about such countries as Russia (and the entire CIS as a whole), India, etc., where people live from paycheck to paycheck and who do not have the possibility of savings for investment? It’s clear that if you study this industry, you can live without working, but what about the risks of losing all your investments?
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March 20, 2020, 02:57:59 PM
 #162

Investing in the early stages of your life is a great plan towards financial freedom and having to work throughout your entire life. however, don't also forget to register with a good insurance company so that when any unforseen circumstances come your way you can have some form of financial support from them.
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March 20, 2020, 03:04:46 PM
 #163


Nowadays, we do not know how long our lives will be on earth because there are many accidents that happened every day, every hour, every minute, and every second. That's why investing at an early age is a brilliant idea of all things that we do, because when we start investing our future will surely secured and if the struggles comes in life are come you are ready to face it because we have enough money to recover again or to used it for essential purposes. Investing makes our futures secure because we don't need to borrow money to others.

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March 21, 2020, 01:46:01 PM
 #164

Yes, you are right that people are working like machine to save him and also family but if anybody go for investment there are pre-massive work have to do by him.

He must have to good investing money for investment.
He must have to gather knowledge about investment.
He has to mentally strength to tackle crisis moment.
Must have to patience in mind for better days of market.

I think investing is very critical and without proper knowledge it should not be.
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March 21, 2020, 02:46:12 PM
 #165

This is what we called the Rat Race, I learned that name from the books of Robert Kiyosaki. If we want to have an early retirement then it is better if we will invest in our early stage. There are now many powerful investment vehicle that we can choose in order to grow our money but we should always be sure that we know what we are doing because investing is not easy, it requires a lot of knowledge and skills in order to protect our money and manage to grow it.

I have a day job but I have now different investments, I have a goal which is to retire at early age and I know I can do it because I keep improving my cash flows. I have now different investments in diffent industries like the stock market, forex and of course cryptocurrencies. I manage to trade some of it where I earn money. Let's focus on improving our cashflow.
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March 22, 2020, 09:50:33 AM
 #166

~ so education based on youtube? So the Like button and subscribe is the meritocracy system? So student study based on who got the most likes buttons? Really?

Check it yourself, and then tell what you think. Go to YouTube, search "theory of evolution", for example. Although most liked, or most viewed, videos on this subject are not necessarily the best ones, you will surely find very good educational videos in the top 20. And this is also true for other subjects, not only for the "theory of evolution".

Many people treat "fake internet points" with suspicion, and in many cases they have reasons for that, but from my experience the most liked and most viewed vids are usually the most relevant ones.

Back to our topic. Do you really think that to start investing is a good idea for an uneducated person?

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March 22, 2020, 02:00:03 PM
 #167

As you still beginner and get profit without in daily day never try this suggestion because bad for your financial, you can imagine when bitcoin and altcoin down like this where you get profit although with trading and you must lost your money, but when you still working you can get source income when bitcoin stop giving profit for you.
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March 22, 2020, 02:35:04 PM
 #168

I think not easy for quit from working after investing with bitcoin and altcoin, before you earn much money and profit with bitcoin or altcoin investment never quit from your work and try to invest with cryptocurrency during your work in your office, after you get enough money for your family its time for quit from job.
Precisely, apart from the fact that the market just wouldn't tip its scales towards investors and your lack of knowledge basically in investing will be your downfall. You can't just impulsively invest hoping it would get you out of your classic nine to five work. There has to be some combination with the two because you will inevitably lose money in this industry. If you have never invested your whole life, I suggest get some basic or even advanced knowledge if you can and then formulate your strategy. That way you can play the cards by your own will.
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March 22, 2020, 06:03:29 PM
 #169

There are many types of investments and I think there are many people who do it. Everyone, of course, thinks about their future and wants to live an old day with a life of sufficiency. The investment form is numerous and one of them is investing cryptocurrencies. Many people are interested in investing in crypto but they are afraid because the price of fast cryptocurrencies is changing rapidly. I really appreciate your efforts to think of the future. We were young and it was time for us to work hard by investing.

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March 22, 2020, 10:08:07 PM
 #170

~ so education based on youtube? So the Like button and subscribe is the meritocracy system? So student study based on who got the most likes buttons? Really?

Check it yourself, and then tell what you think. Go to YouTube, search "theory of evolution", for example. Although most liked, or most viewed, videos on this subject are not necessarily the best ones, you will surely find very good educational videos in the top 20. And this is also true for other subjects, not only for the "theory of evolution".

Many people treat "fake internet points" with suspicion, and in many cases they have reasons for that, but from my experience the most liked and most viewed vids are usually the most relevant ones.

Back to our topic. Do you really think that to start investing is a good idea for an uneducated person?
In my most humble opinion: Wikipedia = youtube

Investing should be broadly accept by all group of people. But it’s the mindset that holding people to question whether who/what/why/when should invest and who/what/why/when shouldn’t invest. People disdain to make mistakes and losing profit, it’s clearly demonstrates on more and more people rushing to safe havens and fixed income, when we stop making mistakes, we stop making innovation, we stop investing, we stop getting out of the basement, we stop basically thinking about getting out of comfort zone, stop thinking about quitting your paycheck job. I can’t think of which successful investors didn’t make a lot of lives costing mistakes, even genius Albert Einstein make thousands failed attempt to build a lightbulb.
Should uneducated fools invest? As soon as possible, making small mistakes and improve, it’s the basic rules of education, unless you’re too late to get out of the mistakes in your career.

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March 23, 2020, 05:32:35 AM
 #171

As you still beginner and get profit without in daily day never try this suggestion because bad for your financial, you can imagine when bitcoin and altcoin down like this where you get profit although with trading and you must lost your money, but when you still working you can get source income when bitcoin stop giving profit for you.
because of that, don't put all of your assets into any type of investment you want. use only 30 to 40% of the assets you have. Yeah, but if you don't have a job, it doesn't mean you don't have income. honestly, you are right, that those who have assets that are right for themselves, you should avoid any type of investment first, because we know that investing is really risky.

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March 23, 2020, 07:40:05 AM
 #172

As you still beginner and get profit without in daily day never try this suggestion because bad for your financial, you can imagine when bitcoin and altcoin down like this where you get profit although with trading and you must lost your money, but when you still working you can get source income when bitcoin stop giving profit for you.
because of that, don't put all of your assets into any type of investment you want. use only 30 to 40% of the assets you have. Yeah, but if you don't have a job, it doesn't mean you don't have income. honestly, you are right, that those who have assets that are right for themselves, you should avoid any type of investment first, because we know that investing is really risky.
If one is planning to retire early, try to invest in a risky asset but has a good potential like bitcoin.

If people were able to invest starting in 2015 in crypto, they should be retired by now because the bull run last 2017 will already made them successful with their goal. The crypto market is very risky but we can't deny a lot of people already made a fortune here, so it's not too late, who knows 10 years from now bitcoin will already be worth $500K or more, as long as you believe, you'll never doubt its future.
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March 23, 2020, 08:59:25 AM
 #173

investing doesn't look as easy as it sounds.
You don't just put money down and hope its value will increase in the next few years.
if you invest in the wrong place then your money will not produce but decrease or run out.
that is why there are people whose job is to help people in choosing a good investment tool for now, determine the plan and time period of your investment.so it's not just about collecting money and putting it in a company or commodity.
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March 23, 2020, 10:25:18 AM
 #174

This is what we called the Rat Race, I learned that name from the books of Robert Kiyosaki. If we want to have an early retirement then it is better if we will invest in our early stage. There are now many powerful investment vehicle that we can choose in order to grow our money but we should always be sure that we know what we are doing because investing is not easy, it requires a lot of knowledge and skills in order to protect our money and manage to grow it.

I have a day job but I have now different investments, I have a goal which is to retire at early age and I know I can do it because I keep improving my cash flows. I have now different investments in diffent industries like the stock market, forex and of course cryptocurrencies. I manage to trade some of it where I earn money. Let's focus on improving our cashflow.

You call it rat race, I call it life trap, they’re about the same, in order to invest successfully one should understand how to make people fall into life trap, this way you can have a lot of control on your ROI, you don’t really need a lot of knowledges about investing, what you really need is security on your investment, the same goes for south sea company, you need to make sure the shipment safety and avoid getting ambush by the sea pirate.

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March 23, 2020, 10:54:44 AM
 #175

~
In my most humble opinion: Wikipedia = youtube
~

Yes, Wikipedia is a good source of information, but sometimes you need a teacher to learn something, and YouTube has plenty of them. You just need to choose what suits you personally.

~
Should uneducated fools invest? As soon as possible, making small mistakes and improve, it’s the basic rules of education, unless you’re too late to get out of the mistakes in your career.

First of, it's never too late, because there is no such thing as fixed lifespan. For some people life only begins in their 60s, while for others it ends in their 20s. And if you are saying that trial-and-error approach is good for investing, I beg to differ with you. There are many fields where this approach works good, but investing is not one of them. You are very likely to lose most of your money before you learn something this way. So, by "it's never too late" in the beginning of my post, I meant it's never too late to start studying, because this is what can really make your life better, and not only psychologically, but money-wise too.

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March 23, 2020, 11:23:28 AM
 #176

~
In my most humble opinion: Wikipedia = youtube
~

Yes, Wikipedia is a good source of information, but sometimes you need a teacher to learn something, and YouTube has plenty of them. You just need to choose what suits you personally.

~
Should uneducated fools invest? As soon as possible, making small mistakes and improve, it’s the basic rules of education, unless you’re too late to get out of the mistakes in your career.

First of, it's never too late, because there is no such thing as fixed lifespan. For some people life only begins in their 60s, while for others it ends in their 20s. And if you are saying that trial-and-error approach is good for investing, I beg to differ with you. There are many fields where this approach works good, but investing is not one of them. You are very likely to lose most of your money before you learn something this way. So, by "it's never too late" in the beginning of my post, I meant it's never too late to start studying, because this is what can really make your life better, and not only psychologically, but money-wise too.

I’m baffled at Wikipedia, don’t get me wrong I use Wikipedia too but it can’t never be a reliable source of reference in any of your case study/theory paperwork, you can try I dare you.

“It is never too late...”, that sound inspiring enough until you stumble upon crowd of users who salty about not afford to quit their daily paycheck job. They can’t quit their job because they’re... too late I supposed? Too late to make adjustment, their life is wobbling and at the verge of total collapse, the paycheck is the only strength that keep it afloat, and you tell them to quit and put their life at stake? Yep that’s suck when you’re too late  and you wouldn’t know what to do except working endlessly, you know who are them? I got to know a middle aged civil servant, who work day and night, and he sleeps at internetcafe-cum-capsule-hostel. He has no way of getting out of this cycle of poverty, because whatever money he made immediately get garnished to pay for child support. And the debt grow faster than his paycheck, so he can never get out of the life cycle, paying for his ex-wife for her lavish lifestyle and for HER kids that HE never allowed to see or keep contact.

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March 23, 2020, 03:29:43 PM
 #177

Start investing only with bitcoin for getting much profit because right now is not good moment for altcoin and look down although bitcoin break with higher price, we got few minutes ago when bitcoin break more than 8% but altcoin never allowed to higher price.
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March 23, 2020, 03:46:56 PM
 #178


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.
I don't hate this advice, but you give only half the information, like telling the way but not giving directions.
I'm sure everyone also wants to invest in giving passive money every day/month/year. but most of us don't understand how to invest and what places are suitable for beginners like us.

Note: Bitcoin investment is not suitable for beginners, everyone knows that bitcoin is volatile and out of control. Maybe how can we understand about investment according to expertise or at least understanding the information we have? is the best way to start.

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coolcoinz
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March 23, 2020, 03:52:56 PM
 #179

I don't hate this advice, but you give only half the information, like telling the way but not giving directions.
I'm sure everyone also wants to invest in giving passive money every day/month/year. but most of us don't understand how to invest and what places are suitable for beginners like us.

You'd like other people to do all the work for you so that you can drink champagne and eat caviar?
There's a reason why not all of us can be rich and that reason is people's stupidity and laziness. A smart person will accept the advice and try to use it. A dumb person will get discouraged because there's some small obstacle on the way and then complain they're still poor.

You want to know how to invest in cryptocurrency?
Step 1: buy bitcoin
Step 2: put in cold storage and forget about it for another 2 years.

Eugenar
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March 24, 2020, 11:20:42 AM
 #180

I think investing would not make me stop my job or my career, investing is really good thing to do, so we all should do this thing because we can make money from it, just know the basics of investing, know the different cryptocurrency and always observe and analyze the market, but for me I can still do it while I am working so I don't need to stop my work because I can do both at the same time.
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