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Author Topic: Investing only for the rich? Think again  (Read 2247 times)
Hannu
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May 31, 2021, 09:20:24 PM
Last edit: May 31, 2021, 09:32:27 PM by Hannu
 #201

I think, rich people can do investing anytime and whatever amount they invest because they have a lot money. But some people who have enough money to support everyday, they can't invest. But I learn from other we can invest even we are poor, we can save money and invest them make sure you invest in right project or business.

Yea, own much of BTC, you own much USD then. Hope i get that bitcoin data center true and good profits. Maybe first i need to put some container middle of nowhere on Finland, own power system; wind and solar. Connect on starlink, when is available on Finland range above sky. Time will show what is best solution.

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May 31, 2021, 10:18:14 PM
 #202

Why do we have to think that investing is only for the rich?
We must put that thought away, I think that since the invention of bitcoin that paradigm has been broken.

An example: Today you can invest from $ 15 in bitcoin in Binance and if we are careful and we are attentive to nurture our investment we can make a lot of money. As we know despite the circumstances that crypto holders go through, our investment is more profitable than having it stored in banks.

Although everyone here knows how to buy bitcoin on Binance I leave this link for newbies so as not to create confusion.

https://www.binance.com/en/blog/318034612921425920/How-to-Buy-Bitcoin-A-Quick-Guide-from-Binance


Investment is for all as long as you are willing to take your chance and you are capable handling all those risk that accompanying your investment. Most of the time, Rich people do have extra edge since they've got lots of reserves and they are capable in playing both long and short-term goals,

Unlike with small to mid traders where budget was  limited, they can't play that much and they are always affected of small market movements.

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June 01, 2021, 03:04:27 AM
 #203

the expectation of many people, the more investment capital the more produce
but sometimes failure often haunts the mind, that makes people afraid to invest and will even regret it in the future

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(o)(o)ilikeboobs(o)(o)
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June 01, 2021, 05:19:43 AM
 #204

Warren Buffett was once a man with nothing and he built a huge fortune from a very young age. So the argument that business is only for the rich is wrong.
A poor person (poor as defined by the government) can still do business. They can get rich from anything that is not illegal. I believe we can all get rich if we know how to seize the opportunity.
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June 01, 2021, 05:37:18 AM
 #205

OP make it sound like only the rich can be richer but let's not forget that the rich are once poor too, to catch a monster you have to become a monster yourself, if you really want to be rich you have to start thinking as one, I believe this is the perfect way, introduce yourself to risks and your life will never remain the same

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June 01, 2021, 08:10:50 AM
 #206

Warren Buffett was once a man with nothing and he built a huge fortune from a very young age. So the argument that business is only for the rich is wrong.
A poor person (poor as defined by the government) can still do business. They can get rich from anything that is not illegal. I believe we can all get rich if we know how to seize the opportunity.

Yes, I agree with your opinion, the argument that investing only for the rich is wrong. everyone, whether rich or poor today, can invest. maybe back then when technology was still not developed investment was only dominated by the rich. but not for now, everyone can invest with the main capital is knowledge, so as not to fall into the abyss of failure. Along with the development of technology, anyone can easily invest. one of them is investing in crypto currency. there have been many stories, someone who used to only have a low economy, but they were willing to learn and now has been successful and successful with crypto. So I also think that investing for now is not only for the rich.

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June 01, 2021, 11:45:03 AM
 #207

I think its about building up the profits until you can make something decent to put in.
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June 01, 2021, 12:16:10 PM
 #208

Warren Buffett was once a man with nothing and he built a huge fortune from a very young age. So the argument that business is only for the rich is wrong.
A poor person (poor as defined by the government) can still do business. They can get rich from anything that is not illegal. I believe we can all get rich if we know how to seize the opportunity.

Yes, I agree with your opinion, the argument that investing only for the rich is wrong. everyone, whether rich or poor today, can invest. maybe back then when technology was still not developed investment was only dominated by the rich. but not for now, everyone can invest with the main capital is knowledge, so as not to fall into the abyss of failure. Along with the development of technology, anyone can easily invest. one of them is investing in crypto currency. there have been many stories, someone who used to only have a low economy, but they were willing to learn and now has been successful and successful with crypto. So I also think that investing for now is not only for the rich.

It discourages a person who is seeking a good life when they hear only rich men can invest. If you are that person who is discouraged by this myth you will likely be working your whole life with only the pension to look forward to.

This is very unfortunate for these working-class people because this is whom the government stole money from every time they print dollars. Their pension will still be the same but the value of it depreciates because of inflation.

Luckily there is crypto now which is easy to access where even just $100 can be invested in.






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June 02, 2021, 05:08:54 AM
 #209

Warren Buffett was once a man with nothing and he built a huge fortune from a very young age. So the argument that business is only for the rich is wrong.
A poor person (poor as defined by the government) can still do business. They can get rich from anything that is not illegal. I believe we can all get rich if we know how to seize the opportunity.

Yes, I agree with your opinion, the argument that investing only for the rich is wrong. everyone, whether rich or poor today, can invest. maybe back then when technology was still not developed investment was only dominated by the rich. but not for now, everyone can invest with the main capital is knowledge, so as not to fall into the abyss of failure. Along with the development of technology, anyone can easily invest. one of them is investing in crypto currency. there have been many stories, someone who used to only have a low economy, but they were willing to learn and now has been successful and successful with crypto. So I also think that investing for now is not only for the rich.

Today we get rich thanks to the creative mind, so education is always encouraged. An ordinary person can become an expert and he will have a high income to be rich. A programming engineer can create an application that can earn tens of millions of dollars. I call it an investment in your brain, an investment in yourself. The world is constantly changing so we see more tech billionaires, self-made billionaires. Typically, Elon Musk, Zuck Markerbug, Zeff Bezos, Jack Ma ... are all technology billionaires who came from founding a business.
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June 30, 2021, 03:54:02 PM
 #210

Investing is certainly for everyone, but not only for the rich.
It is easier to invest for the rich, because they can diversify their portfolio right away, unlike middle class representatives. However, they still can invest, little by little, slowly but steadily. Or they just can buy ETFs and that's it. Their portfolio is well-balanced and risks are hedged. That is the best option for passive investors who don't have neither time nor desire to reallocate their money on the daily basis.
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June 30, 2021, 06:06:56 PM
 #211

Warren Buffett was once a man with nothing and he built a huge fortune from a very young age. So the argument that business is only for the rich is wrong.
A poor person (poor as defined by the government) can still do business. They can get rich from anything that is not illegal. I believe we can all get rich if we know how to seize the opportunity.

Yes, I agree with your opinion, the argument that investing only for the rich is wrong. everyone, whether rich or poor today, can invest. maybe back then when technology was still not developed investment was only dominated by the rich. but not for now, everyone can invest with the main capital is knowledge, so as not to fall into the abyss of failure. Along with the development of technology, anyone can easily invest. one of them is investing in crypto currency. there have been many stories, someone who used to only have a low economy, but they were willing to learn and now has been successful and successful with crypto. So I also think that investing for now is not only for the rich.
clearly the wrong argument if investing can only be done by the rich.  we all have the opportunity to invest, both in cryptocurrencies and other types of investments.  what distinguishes between the rich and ordinary people (middle to lower class) is only the capital that is issued.  but the opportunity to invest can be done by anyone even though they spend a little initial capital
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June 30, 2021, 08:20:58 PM
 #212

Investing is certainly for everyone, but not only for the rich.
It is easier to invest for the rich, because they can diversify their portfolio right away, unlike middle class representatives. However, they still can invest, little by little, slowly but steadily. Or they just can buy ETFs and that's it. Their portfolio is well-balanced and risks are hedged. That is the best option for passive investors who don't have neither time nor desire to reallocate their money on the daily basis.
The rich people have the advantage in investing because they don't have to work that much so that they can have the capital to invest with. While the normal class of people to average, we have to work hard first so that we've got money to invest in any asset that we've found.
Yeah, investing isn't for the rich only but we've got a lot of work to do before we can invest.

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June 30, 2021, 11:53:37 PM
 #213

Investing is certainly for everyone, but not only for the rich.
It is easier to invest for the rich, because they can diversify their portfolio right away, unlike middle class representatives. However, they still can invest, little by little, slowly but steadily. Or they just can buy ETFs and that's it. Their portfolio is well-balanced and risks are hedged. That is the best option for passive investors who don't have neither time nor desire to reallocate their money on the daily basis.
The rich people have the advantage in investing because they don't have to work that much so that they can have the capital to invest with. While the normal class of people to average, we have to work hard first so that we've got money to invest in any asset that we've found.
Yeah, investing isn't for the rich only but we've got a lot of work to do before we can invest.
Rich people would always had the advantage but doesnt mean that poor ones cant really have the chance even though its very limited but we could still have the chance on earning profit if you are really eager and dedicated but since people does have different mindset then its just normal that outcomes would really be different into each individual. We could still invest from those in mid-ranking to poor ones since we can still have some funds too invest on even though not that big but if you do really know on what you are doing then its possible for you to make it big comes from small capital. Its just a matter of dedication and seriousness about your goal
in investment but of course you should know on what you are doing because not everytime we would really be successful.

R


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sumant
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July 01, 2021, 05:28:52 AM
 #214

Investing is not for the rich only, it can be done by anyone but taking profits from that investment or wait for time when to sale it can depends on your capital requirements meaning you don't need that capital early because investment is long term vision. Rich people can take this chances very easily but other with low capital can affect by their requirements. All in one anyone can invest taking their measures for long term vision.
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July 01, 2021, 12:39:34 PM
 #215

Investing is certainly for everyone, but not only for the rich.
It is easier to invest for the rich, because they can diversify their portfolio right away, unlike middle class representatives. However, they still can invest, little by little, slowly but steadily. Or they just can buy ETFs and that's it. Their portfolio is well-balanced and risks are hedged. That is the best option for passive investors who don't have neither time nor desire to reallocate their money on the daily basis.
The rich people have the advantage in investing because they don't have to work that much so that they can have the capital to invest with. While the normal class of people to average, we have to work hard first so that we've got money to invest in any asset that we've found.
Yeah, investing isn't for the rich only but we've got a lot of work to do before we can invest.
Rich people would always had the advantage but doesnt mean that poor ones cant really have the chance even though its very limited but we could still have the chance on earning profit if you are really eager and dedicated but since people does have different mindset then its just normal that outcomes would really be different into each individual. We could still invest from those in mid-ranking to poor ones since we can still have some funds too invest on even though not that big but if you do really know on what you are doing then its possible for you to make it big comes from small capital. Its just a matter of dedication and seriousness about your goal
in investment but of course you should know on what you are doing because not everytime we would really be successful.
I don't say that the poor do have the disadvantage. The capacity that most have isn't that much and instead of investing, they're going first with their needs instead of investing in investments that we're going to suggest to them. Yeah, the mindset is very important but the situation also permits them not to be free from it. That's why someone who has a mindset of 'can do' is very important to them if they want to invest for their future.

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July 01, 2021, 02:37:32 PM
 #216

I don't say that the poor do have the disadvantage. The capacity that most have isn't that much and instead of investing, they're going first with their needs instead of investing in investments that we're going to suggest to them. Yeah, the mindset is very important but the situation also permits them not to be free from it. That's why someone who has a mindset of 'can do' is very important to them if they want to invest for their future.

It is undeniable that there are some poor people who are also mentally poor.  But actually, I think more that the poor with weak mentality are those who have never migrated.  Because if they migrate, their enthusiasm for life is higher so it will not rule out the possibility that they will succeed.  Like the Chinese who are scattered in many countries, for example in my country.  They come to my country because they are poor and can control the economy in my country because the spirit of survival is better than local residents who have never migrated.  Likewise investing, the ones who dominate investment in my country are those of Chinese descent who migrated.
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July 01, 2021, 05:47:10 PM
 #217

I don't say that the poor do have the disadvantage. The capacity that most have isn't that much and instead of investing, they're going first with their needs instead of investing in investments that we're going to suggest to them. Yeah, the mindset is very important but the situation also permits them not to be free from it. That's why someone who has a mindset of 'can do' is very important to them if they want to invest for their future.

It is undeniable that there are some poor people who are also mentally poor.  But actually, I think more that the poor with weak mentality are those who have never migrated.  Because if they migrate, their enthusiasm for life is higher so it will not rule out the possibility that they will succeed.  Like the Chinese who are scattered in many countries, for example in my country.  They come to my country because they are poor and can control the economy in my country because the spirit of survival is better than local residents who have never migrated.  Likewise investing, the ones who dominate investment in my country are those of Chinese descent who migrated.

when they are out of thier country they are also out of their comfort zone . they can do things that they dont normally do but not all are succesful  .
in asian country there are lots of americans that became poor and now living in the street asking for some help and there are  lots of americans that became succesful without needing to travel outside of their country .
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July 01, 2021, 05:56:05 PM
 #218

Forex Market is an open-source of income so, all you need to do is to find the proper trading time and frame and later enter the market.
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July 01, 2021, 06:53:52 PM
 #219


I don't say that the poor do have the disadvantage. The capacity that most have isn't that much and instead of investing, they're going first with their needs instead of investing in investments that we're going to suggest to them.
Most of the time that's how things happened, instead of allocating funds for investment, they choose to use the money for their needs.

This how life with people who only have limited amount of funds,  they can't force things to happened and they already accept that fact.

Quote
Yeah, the mindset is very important but the situation also permits them not to be free from it. That's why someone who has a mindset of 'can do' is very important to them if they want to invest for their future.

The will to make things happened also have such limitation, with people who don't have other means they are force by the situation. nothing can be done but to go with the flow, that's reality to those who really don't have any extras.

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July 02, 2021, 04:11:04 PM
 #220

I don't say that the poor do have the disadvantage. The capacity that most have isn't that much and instead of investing, they're going first with their needs instead of investing in investments that we're going to suggest to them. Yeah, the mindset is very important but the situation also permits them not to be free from it. That's why someone who has a mindset of 'can do' is very important to them if they want to invest for their future.

It is undeniable that there are some poor people who are also mentally poor.  But actually, I think more that the poor with weak mentality are those who have never migrated.  Because if they migrate, their enthusiasm for life is higher so it will not rule out the possibility that they will succeed.  Like the Chinese who are scattered in many countries, for example in my country.  They come to my country because they are poor and can control the economy in my country because the spirit of survival is better than local residents who have never migrated.  Likewise investing, the ones who dominate investment in my country are those of Chinese descent who migrated.

when they are out of thier country they are also out of their comfort zone . they can do things that they dont normally do but not all are succesful  .
in asian country there are lots of americans that became poor and now living in the street asking for some help and there are  lots of americans that became succesful without needing to travel outside of their country .

When it comes to the US, doesn't that country have a long history of immigrants?  The population in the US is also on average immigrants, this means they are people who have migrated.  Which country is now a super power?  Obviously the answer is US.  If in fact you find that some are not successful then that is only a small part of the total success of the US population.  As information, Jeff Bezos, who is the richest man in the world, is the son of Cuban immigrants to the US.
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