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Author Topic: Financial freedom and success comes from knowledge  (Read 1576 times)
AndySt
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August 26, 2021, 11:59:21 PM
 #141

Everyone acts as if the whole world is filled with people who are smart and rich. Yes there are smart rich people but there are also tons of idiot morons who are rich because their father was rich, and there are tons of smart people who are not rich neither.
So, I have to say that it is definitely not true that wisdom brings money, for many that is not right. I mean Trump took a whole wealth that his father left him and build an empire of bankruptcy and people STILL think he is a good business person, believed him for the past decade or so. Which is why I have to say that you do not have to smart to be rich, there are a billion examples of this going around in the world.
Smart people still have the advantage from those idiots but this doesn't mean that once you're a smart individual, you will definitely become financially free. It takes time to become one. You need to be more knowledgeable and skilled in managing your finances so you will be able to earn more profits rather than spending it on those non profit material stocks.
But i do believe that knowledge is power. You won't be able to improve yourself and become financially free if you don't know about money and how it will work and become profitable. So once you have gained knowledge that turn out to be skills, then  eventually it ill lead you to success.
Of course, knowledge is an important thing in any business with which a person's activity is connected, but there are some quite scientific studies when a monkey showed better results in trading than people or that the best players on the stock exchange usually lose to the consolidated stock index over a long distance Wink Therefore, not everything is so clear and too much knowledge in the subject can play against the trader himself, it is not for nothing that it is said that a lot of knowledge is a lot of sadness. Also, do not forget that these so-called rich idiots-morons may well recruit a team of smart and knowledgeable people who will make the result, so wealth in this case is equivalent to knowledge  Grin
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August 27, 2021, 04:27:25 AM
 #142

That's right. Knowledge is the key to success. Even developed countries such as Singapore make knowledge, science, and technology the key to future success. Developed countries both Europe and America even provide large funds for education and technological developments in Singapore. Knowledge is indeed very important to support the success of both the community and the country.

The role of the state is needed to be able to provide good education, education is an important key to make the country better, countries that want to progress will of course make education a budget priority, the results of policies are certainly not instant, it will take at least 10 years to know whether the policy is effective or needs improvement.
Indeed, if we talk about education, its role is very important.
because that's where we learn everything and I think someone's thinking is also different when he does education with someone who doesn't,
what is clear is that everything requires a process and for education itself the results can certainly be seen in the long term
we really have to build an educational foundation from now on, which will be useful later in the learning process. everyone will have different results even though they are in the same education bench. but at least education will change their lives for the better than today, until finally we can sit on the bench of financial freedom

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Wong Gendheng
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August 27, 2021, 07:33:07 AM
 #143

That's right. Knowledge is the key to success. Even developed countries such as Singapore make knowledge, science, and technology the key to future success. Developed countries both Europe and America even provide large funds for education and technological developments in Singapore. Knowledge is indeed very important to support the success of both the community and the country.

The role of the state is needed to be able to provide good education, education is an important key to make the country better, countries that want to progress will of course make education a budget priority, the results of policies are certainly not instant, it will take at least 10 years to know whether the policy is effective or needs improvement.
Indeed, if we talk about education, its role is very important.
because that's where we learn everything and I think someone's thinking is also different when he does education with someone who doesn't,
what is clear is that everything requires a process and for education itself the results can certainly be seen in the long term
we really have to build an educational foundation from now on, which will be useful later in the learning process. everyone will have different results even though they are in the same education bench. but at least education will change their lives for the better than today, until finally we can sit on the bench of financial freedom

Education is the most important capital to improve welfare, without education it will be difficult for us to survive, especially at this time global competition and labor are very tight so we must improve education and skills in order to compete.
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August 27, 2021, 11:26:48 AM
 #144

agree.
knowledge is basic to hold your power, bring your step easier, make your body light when surfing in the world.
getting scam is the one of the other reason from lack of knowledge, and many  obstacle you face.
pinggoki
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August 27, 2021, 09:01:17 PM
 #145

There is a lot of important knowledge and disciplines you can learn from studying the concept of finance and economy. The best thing about this is that you can easily apply these learnings in multiple real-life scenarios that is not specifically tied to monetary and financial purpose only. Most of all, learning such important skill allows you to not be one-upped by people who are eager to make a quick buck out of your gullibility and lack of proper knowledge such as hackers, scammers, and the likes.
Everyone acts as if the whole world is filled with people who are smart and rich. Yes there are smart rich people but there are also tons of idiot morons who are rich because their father was rich, and there are tons of smart people who are not rich neither.

So, I have to say that it is definitely not true that wisdom brings money, for many that is not right. I mean Trump took a whole wealth that his father left him and build an empire of bankruptcy and people STILL think he is a good business person, believed him for the past decade or so. Which is why I have to say that you do not have to smart to be rich, there are a billion examples of this going around in the world.
I would say that being rich would need a lot of luck and some skill. This can be said for some of the world's richest people out there. Most of them pitched their ideas at a very pivotal time where they do not have to break the bank so much creating such wonderful ideas, while also creating brilliant ideas and projects which I do not need to elaborate, would require some skill, if not a lot of it. So yes, circumstance will play a part in your success but it shouldn't be a limiting factor for you, unless you're impoverished and you couldn't even afford to save some of your money for the sake of creating a business model.

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Cling18
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August 29, 2021, 01:49:12 PM
 #146

agree.
knowledge is basic to hold your power, bring your step easier, make your body light when surfing in the world.
getting scam is the one of the other reason from lack of knowledge, and many  obstacle you face.

Having enough knowledge will also protect you from being a scam and different forms of fraud. We all know that scammers are everywhere and we could get rid of them by being knowledgeable in the field of earning that we have chosen. Knowledge accompanied by skills and hard work could lead us to the successful path that we're yearning for.
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August 30, 2021, 08:52:08 AM
 #147

Financial freedom is what we aim for this life we are right now because it will give us worry free from financial burden and with that it comes with great knowledge on how to achieved that especially in this industry we are into. With great knowledge the more advantages we can gain with in the crypto market that's why DYOR will always be the first thing to do on the checklists. By doing this, we are free from frauds on crypto and we can invest and earn profit from any crypto investments we engaged with.

Sir Legend
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August 30, 2021, 11:00:13 AM
 #148

Financial freedom is what we aim for this life we are right now because it will give us worry free from financial burden and with that it comes with great knowledge on how to achieved that especially in this industry we are into. With great knowledge the more advantages we can gain with in the crypto market that's why DYOR will always be the first thing to do on the checklists. By doing this, we are free from frauds on crypto and we can invest and earn profit from any crypto investments we engaged with.

Financial freedom is everyone's dream, when I invest then I hope to get big profit. I have tried various investments such as stocks and futures exchange, but all of them just give promises without proof, now i know crypto and this is a good opportunity to improve my money up to 100x in a year and I immediately get financial freedom.
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August 30, 2021, 12:15:51 PM
 #149

Financial freedom is what we aim for this life we are right now because it will give us worry free from financial burden and with that it comes with great knowledge on how to achieved that especially in this industry we are into. With great knowledge the more advantages we can gain with in the crypto market that's why DYOR will always be the first thing to do on the checklists. By doing this, we are free from frauds on crypto and we can invest and earn profit from any crypto investments we engaged with.

Financial freedom is everyone's dream, when I invest then I hope to get big profit. I have tried various investments such as stocks and futures exchange, but all of them just give promises without proof, now i know crypto and this is a good opportunity to improve my money up to 100x in a year and I immediately get financial freedom.


Never to think that way as it will lead you to lose more, better to learn all the fundamentals to enjoy your stay from this market. Those who work harder are the one who really compensate and changes their lives.

Not a quick and easy passage way to richness but a platform that gives you opportunities to earn decent money.

Take time and work appropriately to ensure that success will await you in the long run. Always think ahead and
set your goals the right way.

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August 30, 2021, 03:47:33 PM
 #150

I have attended seminars on investment and financial freedom several times, trying to do what the mentor said but the results are not suitable, now I have a lot of time to be online on the internet so that it gives time to learn about many things, especially crypto, I plan to have a crypto exchange site because Earnings from top crypto exchanges like Binance, Coinbase, etc can reach millions of dollars per month and this is my dream.

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August 30, 2021, 08:36:06 PM
 #151

I have attended seminars on investment and financial freedom several times, trying to do what the mentor said but the results are not suitable, now I have a lot of time to be online on the internet so that it gives time to learn about many things, especially crypto, I plan to have a crypto exchange site because Earnings from top crypto exchanges like Binance, Coinbase, etc can reach millions of dollars per month and this is my dream.
Indeed, when we attend seminars, in my personal opinion, it does not guarantee that we can be successful as said at the seminar,
and it happens in your case too that you have done what was said but the result is arguably different,
What you have to realize is that apart from being profitable, the risks are also great, so we need to be careful

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August 31, 2021, 09:26:37 AM
 #152

Financial freedom is everyone's dream, when I invest then I hope to get big profit. I have tried various investments such as stocks and futures exchange, but all of them just give promises without proof, now i know crypto and this is a good opportunity to improve my money up to 100x in a year and I immediately get financial freedom.
This is exactly why many people are in the crypto world, because they know that they could make a decent return on their investment for once without getting someone else rich. There are stocks and forex and gold and many other things but in crypto you are properly actually making money and that is the great thing.

I understand that it may not be a huge deal for now, it is decent and everyone at least heard about it but it is not as big as gold whereas I believe in 10-20 years it will be even bigger than gold for sure. At that time we all will be rich, and it is the best investment you could make right now, even at this price, because it is going to get really expensive. Until that day comes, all we have to do is buy as much as we can afford without ruining our finances (do not buy more than you can afford) and then just hold on to them so that we could profit.
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August 31, 2021, 01:34:27 PM
 #153

Until that day comes, all we have to do is buy as much as we can afford without ruining our finances (do not buy more than you can afford) and then just hold on to them so that we could profit.

I can't deny that you are right, I have a real proof for what u have said. My friend has bought 10 BTC in the beginning 2011 just for have fun reason, and then several years he forgot that he has BTC. In the beginning 2020, the movement price of BTC has been a new trend in the world, he realized that he ever bought 10 BTC. Now you understand what the story next. He is become billioner.
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August 31, 2021, 03:10:19 PM
 #154

I have attended seminars on investment and financial freedom several times, trying to do what the mentor said but the results are not suitable, now I have a lot of time to be online on the internet so that it gives time to learn about many things, especially crypto, I plan to have a crypto exchange site because Earnings from top crypto exchanges like Binance, Coinbase, etc can reach millions of dollars per month and this is my dream.
- You will never get a result with such seminars when the instructor is sometimes not someone who is financially free and is making a profitable investment, a profitable and free person won't fall for a seminar, may have money but compare the returns of a financially free person, not worth caring about. The basic purpose is that they are just enlightening and leading about buying a new course and continuing to teach you, freedom is promoting an independent space, with some traces of old people's experiences to enlighten your path, learning is just a little, feeling and forming the way will be all


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September 01, 2021, 02:36:09 AM
 #155

Freedom is the inner growth of your brain. To be free in this world, you need enough sanity as well as money to control what you want. Many people cannot create material things and are not independent of their thoughts, so they are easily drawn into useless things, being taken advantage of.
I appreciate developing my brain to become freer. Investing in your brain, your skills will make your life more vibrant, independent and truly free.

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September 01, 2021, 07:34:46 AM
 #156

  It's good to have a financial freedom and surpassed through the all tough decisions in regards money. Because having a knowledge in financial you may able how to spend wisely and you know how to secure you funds. Doing this it will leads you to a better success of life because you have a save, and investment so it's better to orient all person on how to be a successful financial freedom.
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September 01, 2021, 12:35:54 PM
 #157

The true foundation if a rich person starts from the myriad of knowledge he has. Something that is sometimes ignored by some people. Because sometimes they just live flowing, maybe this is what causes poverty that cannot be overcome. If they have the knowledge that he will pursue I think he will be successful in his field.

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swiftbits
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September 01, 2021, 02:50:08 PM
 #158

I agree that knowledge is crucial to handle money effectively; there are multiple aspects to financial management.
There are many resources and information on how to be financially free, but not all are executable in every person's situation. Also, everyone has their own time; we have to explore more and find what suits us. It's not bad to try and venture into new things.

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Anguwa
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September 17, 2021, 06:17:19 PM
 #159

100% sure mate. Knowledge is one of the key and important factor that lead to every success in life, once someone has knowledge, he or she will be able to use all his or her resources well and think of what to do to yield more profit. Also financial freedom is good and that's why crypto is here to give us full financial freedom by given us completely control of our assets, as fiat is really going to be replaced by crypto in exchange of goods and services soon.
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September 26, 2021, 12:43:43 PM
 #160

If someone is good with money it means he or she knows a lot about money .
You can say that you are not interested about money and financial system...welll the covid 19 was good example tgat you need to know about money

Before the covid the richest people sold their assets why so ? You think it was inside info ? No it wasnt they just know about money

And crypto is money and when you dont know about money then you shouldnt be in crypto ...
Or you stay in crypto learn hard and its a miracle you learn more about money


Now days when we face the facts that  most of the money will go in. Crypto and stock commoties markets and real business ownership will need to have state licenses ....
The you realise that you must learn.
...those main things :

When the economic circle start amd when it finish
When to buy and whem to sell
How to know if its just FUD/ shake out the weak hands or actual financial liauitity crisis ?

How do you know how the sec and fed working together ?
How the money is created?

Sounds like a boring right ?
Sounds like a lot of small details what the cool dude like you shouldnt know ? Right ?

But this is fundamentals and if you dont know this then you are not going to be rich unlikely.

Covid 19 is good example main rule:
When markets are bullish make money like there is no tomorrow becouse you need that money when everything goes down.

First rule: if you can swich your location for better to optimize your taxes do so.

The saved. 40% on taxes of 1 mil is your wealth saver in future.


Live by 5 years  plan make your wealth plan in 5 years plan


Still sounds like boring right ?
How does that sounds whem everybody is suffering you drive your nice rolce royce drinking some nice jack daniels relaxing at the beach...isnt that cool ?sure you want good thimgs but before that you have to go over a lot boring things


Finally you must learn how the system works thats how the richest guys makes their money and if you think you dont need that ? Well the extra wealth dont hurt you anyways




World is scam and fraud so you better learn how the scammers and fraudsters will try to scam you legally and not so legally but its all scam so scam


I do understand your point about having a good foundation on how the system works will open you to more opportunities to make money. Financial literacy is really important which is something that couldn't be learned in school. By having such knowledge, you'll be able to create a multiple income stream for yourself and you will be able to enjoy your life to fullest if you have that kind of mentality.

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