Investing only for the rich? Think again

[EiKaGlaShPriSAThWEl]

On a recent post, I found out that quite a few replies mentioned that you can only diversify or have a varied portfolio "if you have a lot of money". I aim to contribute to a general financial education for the members of this forum (some could actually teach me, many are clueless). While in most countries, particularly in USA, some investments are reserved to qualified investors (typically high income or high worth individuals), there are many possibilities for the average guy to invest.

Myth: Only the rich can invest in the best business.

Reality: Anyone in most countries can invest in great companies and great assets from almost any amount. There are even funds out there that will let you invest from 10 USD or Euros. If you are looking to start your life investment (the earlier the better, see picture below), you may start by looking at Vanguard. These are the best know Index funds (I will write a post on active and passively managed funds some other day). Paper-thin fees and entry barriers are built-in.

I agree that the reality is anyone can invest in different great companies even how big or how small the amount is. I have a friend and last night we are talking about investment in crpyto currency as well as in PSE (Philippine Stock Exchange). Well I am not that familiar on how to invest in PSE so he gives me an example. He told me that he invested 7 Philippine peso to the biggest network in our country. That 7 pesos is a very small amount yet he used that amount as an investment.
We have to start investing as early as we can because in the present time, all things that we buy and all things that we are going to invest easily increases its price as days, weeks, or months passes by.

[Princejebs]

Investing is a choice and only for the people that are rich in mind and capable taking a bold risky step. It's not about been poor or rich. You can be born with a silver spoon and meet wealth at your early life but may not have the courage to take risk to invest, the same goes with a poor person.
Investment is a continuous process until one no longer exist if you want to really remain at the top of the game, this why Elon Musk, Buffet and Jeff Boss never take time to retire from investment. It's a process that never end.

[kodtycoon]

Basically investing applies to everyone who has money, no matter what family or background you come from, because if you have money that can be spent on investing then of course it is still good for you. But one thing to note is that you have to have your own research because if you don't, you will only lose on your own investment because just going with the flow is fundamentally dangerous.

[Hughes_Ryan]

Anyone can invest.  Sure, but the big differences between attitudes, thoughts, feelings, actions, and outcomes between rich people determine their chances of winning.  In addition, the rich will also have "big" relationships for the purpose of encouraging success with their type..  So there is no need to argue about that, between rich and poor is still a big gap in society.  How each person changes their mindset determines the success or failure of each person.  And I'm trying to do it, even though I'm poor.  Lol

[YOSHIE]

Myth: Only the rich can invest in the best business.

To me it is not a myth but a fact.

You remember with this person: (Elon Musk), it is evident that the rich are getting richer, risky investing in people with little capital, but not with the rich.

You don't need to think anymore with what you have in mind is real and fact, having a large capital crypto investment business promises and huge profits, it is proven that some people have done it.
Only a handful of people who have small capital, are lucky, even though it exists.

[Dhoe]

Every one have chance to be rich maybe you need looking with shit coin most popular right now on pancake, how ever every time have new coin with small fund you can get much profit, but not all lucky to get profit with shit coin and to be rich there, how ever this will give chance not only rich person can invest on bitcoin or altcoin, but all investor can do the same thing.

[South Park]

Can be rich person by true investment and never make mistake with choose investing coin, many people have much money but made mistake with invest on shit coin, maybe many people and my friend loss much money after investing on NXT, Ignis and TEN coin. They made bad choose why believe with shit coin and buy when have higher price.

I think that one of the reason why people ended up losing money they didn't put some of their money for investment and rather spend their money in useless stuff. Rich people become richer because their money very well by searching for small business that have huge potential and then invest to it. Investing is not only for rich people, I think people need to put their money in investment and insurance to build theirselves for the future. Proper mindset and open minded to opportunity we will have especially in investing will make us rich. In crypto world, people can invest how much money they want. It's an open opportunity for all.

In order to invest you first need to have some money saved and that is a habit that has been lost over the years and decades all over the world, people want instant gratification and they do not want to wait to get what they want and if this means getting into debt then so be it, and without any money then they cannot take advantage of the many opportunities that they could take advantage on the markets and then they complain that investing is only for the rich when this is obviously not the case.

[CryptocurencyKing]

In order to invest you first need to have some money saved and that is a habit that has been lost over the years and decades all over the world, people want instant gratification and they do not want to wait to get what they want and if this means getting into debt then so be it, and without any money then they cannot take advantage of the many opportunities that they could take advantage on the markets and then they complain that investing is only for the rich when this is obviously not the case.

There is a local saying in my place that goes " you don't use your one step to measure someone else's one thousand steps". People or hustlers of our times do this a lot, they want to be rich or wealthy as quickly as they can, using the wealthiest person as a yard stick and placing the time so close because, they just want to rest and keep reaping. Even when they don't have the necessary resources to invest with. Starting small feels like a waste of time and as such, they resolve to borrowing for the purpose of investing. Worst of it all, they've got no experience and managerial skill to watch over there endeavor and as such, they fail.

Investment is always open to everyone and not all investments strive at the same pace. Seeking new opportunities is a way to it and it betters the chances of success than sticking to an old means. The relicj understands this but the poor don't.

[ololajulo]

Investment may not be for the rich but could be easier for the rich than the struggling poor. Both the rich and the poor need patience, while the poor can't endure the period of investments like the rich do. They also can't take the size of position like rich will but if the poor can endure he will learn the process. The capacity for risk increase with time

[Fredomago]

Investment may not be for the rich but could be easier for the rich than the struggling poor.

It's much easier for the rich as they have enough spare money to invest, they can play the game well. And they've got enough time
to learn more deeper, as even they'll lose for their first attempt they've got enough reserved to continue.

Both the rich and the poor need patience, while the poor can't endure the period of investments like the rich do.

Like what I've said, they can extend while learning each possible patterns that they can use while working around this business.

They also can't take the size of position like rich will but if the poor can endure he will learn the process. The capacity for risk increase with time

Correct,  both have equal opportunities, but it takes time and willingness to continue.

[qwertyup23]

If I remember correctly, in stocks, there is what you call the "8k rule" in which you invest a specific amount that is on the right spot in order to lessen commission fees and unnecessary expenses.

Investing, in general, requires capital. The capital may either be a relatively small or large capital depending on the value that you want to risk. Obviously, the higher the capital, the greater the returns and vice versa. The reason on why most people think that investment is only for the rich, it is because they are the ones who are capable of putting large amounts of capital in a single trade.

[Nanda Dewi277]

Before knowing the cryptocurrency, many people including me also thought that investment is only for the rich. however, it may be about the high modals to have when going to invest at that time because the investment will be always cost high. Moreover, the old thought is about being rich from Bitcoin investment.
Now, many more people are realizing that this may be false. Many people can join this kind of investment. Because there are so many ways to invest their money safely in certain coins. It can be started from several zero-point prices with a very low deposit. And if you don't want t to get that free trial, it is better to join some programs and then the price can go up but they still have the chance to increase.

[ashmodeus]

for me , investing its about our mindset , if we have it, and do it, the time will pay you. sometimes, people just stop for investing because they dont really understand what the point of investement it is, common reason , they dont really preparing for investement, so when they need a money, they just sell their investement rather than find another solution.

[Snappycoco]

Yeah I agree. Investing these days aren't hard due to the fact that more companies wanted to reach out more and more people unlike before. In this days where all can be found in social media, promotions are easily found and could easily be transacted.

[bitbunnny]

To my opinion the advantage of investing in Bitcoin compared to other types of investing is that you can start with really small amount and there is no the lowest limit. Of course if you invest snall amount you will not get rich but still investing in Bitcoin doesn't oppose you different limitations like sone other investments and that is the beauty of Bitcoin, everyone can take the chance and get involved with crypto world.

[Dhoe]

Investment may not be for the rich but could be easier for the rich than the struggling poor. Both the rich and the poor need patience, while the poor can't endure the period of investments like the rich do. They also can't take the size of position like rich will but if the poor can endure he will learn the process. The capacity for risk increase with time

What distinguishes only the capital that is spent between the rich and the poor, the rich are more willing to take big risks in investing because they have a lot of money so they invest to develop the capital they spend. Unlike the poor, he can invest because he has aspirations to make big profits. but on the other hand, investment can of course be carried out by anyone, the most important thing is never to force investment by removing capital from a loan because investment cannot fully guarantee success.

If you can invest with bigger amount you can try little fund first, but try to buy coin still lower price because easy to get much profit. Keep away with potential coin but have higher price above $2,000 or $1,000 because not profitable if using small assets to invest. I believe almost success trader beginning with small amount at the first time investing or trading.

[crazy-pilot]

Yeah I agree. Investing these days aren't hard due to the fact that more companies wanted to reach out more and more people unlike before. In this days where all can be found in social media, promotions are easily found and could easily be transacted.

Investing is gaining more and more popularity these days. However, at the same time, those projects that do not deserve attention are becoming more widespread. Now it is not difficult to invest, it is difficult to invest correctly. There are a lot of investment opportunities around, however, people often choose the simplest ones, namely those that offer the maximum income. After all, Bitcoin does not offer explosive profits in the short term, but in the long term it is one of the best investments, and this has already been proven. Therefore, the most important thing is to learn how to choose the right projects for your investment.

[Findingnemo]

Investing doesn't mean only investing in the stocks and bonds, anything we do for the long term gains that is how the first generation investors are born if they don't have any money to invest big in the single phase. For example posting a video into the youtube is a long term investment because you are going to keep making money from that video forever as long as people are seeing it but think again, you need content which can be available for free.

[Dhoe]

If your mind still think investing only for the rich you will never get chance for investing any coin in cryptocurrency, I begin last five years ago and nothing I have, I try step by step and looking which one have good chance for getting money without investing like joining many airdrop project and bounty campaign, later I got more and use half for trading and investing.

[KaliLinux]

If your mind still think investing only for the rich you will never get chance for investing any coin in cryptocurrency, I begin last five years ago and nothing I have, I try step by step and looking which one have good chance for getting money without investing like joining many airdrop project and bounty campaign, later I got more and use half for trading and investing.

Same thing here. I believe investment is not a matter of huge capital but it is more of a determination to continue with the small capital you have and keep it moving. I know many rich people in my community today who's story has been about how the started their investment with very little capital but what was most important was the will and the determination to keep going and no difference with Bitcoin or cryptocurrency in general.
Invest the little you have on a good researched project and follow through.