Investment the way to economic stability

[jrrsparkles]

Investors were not or made by themselves in a day, it take decades and generations to become successful and the stability you are talking. In this 21st century we got more opportunities so the time period was reduced a lot but it is not possible in few months or years. Modern world people never have any knowledge about saving the money and investing them for long term, they just get salary and pay their bills and loan until their life cycle ends.

[yhiaali3]

The importance of investing, especially in cryptocurrencies, has clearly shown, cryptocurrencies have very fluctuating price cycles, and thus the investor can in the long term make large profits from this fluctuation, for example if we look at the price of Bitcoin or Ethereum two or three years ago, you will be astonished if you know the extent The huge profits made by those who bought Bitcoin or Ethereum for only  1,000$ dollars at that time.
So I think it is still time to invest in cryptocurrencies, there are a lot of currencies that are still quite cheap and that could see huge rises in the future.

[Twentyonepaylots]

Basically you mean to say that to secure your riches is to invest it. Well you could actually be right, especially if you're not that rich and are at the middle class, with which you will definitely need multiple ways to earn money besides your regular 9-5. But you're definitely correct. the best way to preserve the purchasing power of your riches is to invest it into something that doesn't depreciate very fast, either gold, oil, or bitcoin. Bitcoin stands out because among these aforementioned assets, it's the one that's easily reachable.

[Hippocrypto]

You don't have to be earning $1m before you be rich you can have that amount and if you don't have a good investment platform it's very possible that you'll return to the broke stage you left. The importance of investment is so clear that I get shell shock when I found out many people don't even have an idea about that talk more carrying out. For instance covid-19 took everybody unaware many lost their job, financially people and organization was affected, but let me tell those who had a good investment platform will not be affected that much, many think you need a huge amount of money before they could consider doing investment.
You can stay with a little but if you can discipline yourself couple with you having a good investment platform that implies you're already planning for Future.
The role of investment can't be over-emphasize, we all should  cultivate that habit and most importantly we should read to k or consult an expert so you can be assured you're doing a nice investment.

To make your funds more safer, it must be followed without hesitation. If we can't build a foundation and seeking help  from someone who can guide you along the way, I think that very important to do. Once you've become productive with your trading career or an investment became sustainable together with the right person, for sure profit will come unexpectedly and you're going to grow economically.

[FanEagle]

You have a point in saying that you don't need to be rich first before doing any investment, investment can be begin with small thing, small amount or just enough money you have just make sure that the company or the project you're investing really has the potential to grow.

Yeah, both rich and poor people need investments so that they could ensure their future more secured regardless of the rate of inflation they may be facing. But, I'm not sure economic stability in day-to-day life could be achieved through investments. Because, stable economy will be only possible from a regular income stream compared to an investment which is returning a good money once in lifetime or once in year and not a monthly basis.

Probably, we should invest in a manner when that investment will be maturing, we could settle down in our life with a business or anything which will be supporting us with a regular income. Yeah, I strongly believe only with regular income stream we could have economic stability and NOT just because of one or many investments and its big returns.

[Reatim]

You have a point in saying that you don't need to be rich first before doing any investment, investment can be begin with small thing, small amount or just enough money you have just make sure that the company or the project you're investing really has the potential to grow.

Yeah, both rich and poor people need investments so that they could ensure their future more secured regardless of the rate of inflation they may be facing. But, I'm not sure economic stability in day-to-day life could be achieved through investments. Because, stable economy will be only possible from a regular income stream compared to an investment which is returning a good money once in lifetime or once in year and not a monthly basis.

But the best Investment is the place where you can surely double your funds and this comes either Investing in crypto , or investing in real Business In which the best and nothing can Beat form of investing.

Probably, we should invest in a manner when that investment will be maturing, we could settle down in our life with a business or anything which will be supporting us with a regular income. Yeah, I strongly believe only with regular income stream we could have economic stability and NOT just because of one or many investments and its big returns.

Yeah that is sometimes misleading , you are investing in area when you have no Complete knowledge so the thing is you just Only riding because other people is succeeding but we are not all the same.

[Kittygalore]

~

Making money with money is or at least it should be the ultimate goal of every single person, however make no mistake you are going to have to lift a finger, you're still going to need to know what you're doing and make an effort to see if every single investment that you made is still doing well, however this is a way better outcome than the alternative of working every single day of the rest of your life for someone else and getting paid a misery while you do it.

Yeah that is what most financial adviser and other prominent businessmen says too and it may look trite, it is true because humans are designed to explore not to survive.

[perfect999]

You don't have to be earning $1m before you be rich you can have that amount and if you don't have a good investment platform it's very possible that you'll return to the broke stage you left. The importance of investment is so clear that I get shell shock when I found out many people don't even have an idea about that talk more carrying out.

When we talk about investment I think people should understand that it is not all about investing your money in stock and assets, yes that’s part of it, but it should be more than that and there are lots of ways that you can invest your money and it can be in your business, any business that’s going to be very profitable.

So, when we talk about investment it is not just about the gold, and silver and the rest of them, because these ones are not going to be getting you that daily profit that you’re going to need, you need other things and your money needs to be diversified.

[goldade]

I believe that I must assume that what you wrote about is that investment is very important as it is the way to economic stability. I actually agree with you.
I can't remember where I read it now but I read somewhere that you can not save your money to wealth. You can't become wealth by saving up. You can only become so rich when you invest the little you have to bring you even more. Many people don't understand this because they believe investment is risky but it is actually because they don't know the right ones to invest in.
For me, I believe investing in bitcoin yields a good return

[doomloop]

You can't become wealth by saving up. You can only become so rich when you invest the little you have to bring you even more. Many people don't understand this because they believe investment is risky but it is actually because they don't know the right ones to invest in.
For me, I believe investing in bitcoin yields a good return

Yes, you are coming up with very good point. I agree we must need to risk into something so that we can maximize the possibility of becoming rich rather than simply saving on regular basis. Saving is good but we should invest those saving into something so that it will get chances to multiply those savings. Otherwise saving will remain as same amount and may lose its buying power over the time due to inflation rate.

Usually people hesitate to the risk in investments because they are not aware of good investment opportunities. But after bitcoins, I am making use of it for long term investment by enjoying big returns on regular basis.

[Marvelman]

You can't become wealth by saving up. You can only become so rich when you invest the little you have to bring you even more. Many people don't understand this because they believe investment is risky but it is actually because they don't know the right ones to invest in.
For me, I believe investing in bitcoin yields a good return

Yes, you are coming up with very good point. I agree we must need to risk into something so that we can maximize the possibility of becoming rich rather than simply saving on regular basis. Saving is good but we should invest those saving into something so that it will get chances to multiply those savings. Otherwise saving will remain as same amount and may lose its buying power over the time due to inflation rate.

Usually people hesitate to the risk in investments because they are not aware of good investment opportunities. But after bitcoins, I am making use of it for long term investment by enjoying big returns on regular basis.

That's why most of the wealthy people nowadays, even if not all, got what they are today by dint of taking risk into their hands.

However, I think that your point should be taken in the right context. If we do not take risks, we cannot become wealthy. But, it does not mean that we have to be fool-hardy in order to take a risk. I mean, should we be so desperate as to risk everything for a chance at increasing our income? Should we be so bold as to risk our well-being for a chance at acquiring more comfort?

[slapper]

I understand that investment is a good solution for Covid-19 or job loss. But not many people willing to take the risk in investment so that they choose the easy-going investment with low risk. And you know, low risk, low reward. Some even put their money in banks and expect to live with the low-interest rate. How hilarious

IMO, education is most important in order to raise people's awareness of investing. We are living in an era where you are able to access any brokerage as long as you have an internet connection and a computer to access the network. The opportunity is likely to equal everyone even if you are lack money. Regardless of how globalize our world may seem, the government tries to prevent investors from joining any brokerage at any cost. They just want us to deposit our money in government bonds and banks. They are obviously useless compare to bitcoin or any digital asset you can find

[adzino]

You don't have to be earning $1m before you be rich you can have that amount and if you don't have a good investment platform it's very possible that you'll return to the broke stage you left. The importance of investment is so clear that I get shell shock when I found out many people don't even have an idea about that talk more carrying out. For instance covid-19 took everybody unaware many lost their job, financially people and organization was affected, but let me tell those who had a good investment platform will not be affected that much, many think you need a huge amount of money before they could consider doing investment.
You can stay with a little but if you can discipline yourself couple with you having a good investment platform that implies you're already planning for Future.
The role of investment can't be over-emphasize, we all should  cultivate that habit and most importantly we should read to k or consult an expert so you can be assured you're doing a nice investment.

I think you meant "financial" stability. Not economical. Anyway, you are correct. Investment is important. Without investment, you will likely suffer and will have to work forever. Investment does indeed build you future and will help you to retire early. Savings are not enough! You saving won't appreciate in value in the long run. Better to put your money into something rather than keeping it sitting in the bank (and banks making all the profit).
Start investing from now. After 20 years, you will be eternally grateful to your self.

[LUCKMCFLY]

I understand that investment is a good solution for Covid-19 or job loss. But not many people willing to take the risk in investment so that they choose the easy-going investment with low risk. And you know, low risk, low reward. Some even put their money in banks and expect to live with the low-interest rate. How hilarious

IMO, education is most important in order to raise people's awareness of investing. We are living in an era where you are able to access any brokerage as long as you have an internet connection and a computer to access the network. The opportunity is likely to equal everyone even if you are lack money. Regardless of how globalize our world may seem, the government tries to prevent investors from joining any brokerage at any cost. They just want us to deposit our money in government bonds and banks. They are obviously useless compare to bitcoin or any digital asset you can find

This is how to change mentalities, it is like a change of chip, now in these moments that the world is facing the pandemic problem, education is not the same, the approach can be changed in another direction, many are looking for a way to make money and work through the web.

If education is focused in a direction towards financial culture, towards accounting, if children learn from small businesses, we would have generations much more active in the markets and with more generation of work, it should be noted that I am Pro-Kiyosaki, what which is a great mentor for me, his books are exceptional, and if the world is going through these moments it is because a change is also needed in every sense, even economically. A very valuable type of diversification in the 1970s was investing in bank bonds and saving money to generate interest, now that is not so feasible, the world is going at a different pace.

[beerlover]

A very valuable type of diversification in the 1970s was investing in bank bonds and saving money to generate interest, now that is not so feasible, the world is going at a different pace.

Yes, I remember my father was holding only bank deposits to generate monthly income for our living which must be the reason later on we got to suffer when banks decided to reduce the interest rate. My father got savings but refused to invest. In my country some 15 years back itself, saving money on banks for interest generation had become not feasible.

Without investment, you will likely suffer and will have to work forever. Investment does indeed build you future and will help you to retire early. Savings are not enough! You saving won't appreciate in value in the long run.

True. Investment will definitely help to cope up against rising inflation rate. Only because of high inflation, our saving will lose its buying power over the time; but when we are converting our saving into some asset and then selling that asset for profits will definitely help us to live better against inflation.

[ven7net]

You don't have to be earning $1m before you be rich you can have that amount and if you don't have a good investment platform it's very possible that you'll return to the broke stage you left. The importance of investment is so clear that I get shell shock when I found out many people don't even have an idea about that talk more carrying out. For instance covid-19 took everybody unaware many lost their job, financially people and organization was affected, but let me tell those who had a good investment platform will not be affected that much, many think you need a huge amount of money before they could consider doing investment.
You can stay with a little but if you can discipline yourself couple with you having a good investment platform that implies you're already planning for Future.
The role of investment can't be over-emphasize, we all should  cultivate that habit and most importantly we should read to k or consult an expert so you can be assured you're doing a nice investment.

Yes, you are right that those who invested were able not only to retain their funds, but also to increase them. However, this is only if you have invested in Bitcoin or other cryptocurrencies. During the pandemic, many industries lost customers and, for example, investing in real estate was not a very good choice, the stock market was also storming and continues to storm, but for example, Bitcoin and some top altcoins showed excellent growth. However, you must understand that there is no constant growth and after each growth there is a decline. Keep this in mind and choose a place to invest very carefully.

[mikeauerbach]

I can't agree more. It took me more than 25 years to understand that being rich isn't about spending a lot of money. Luckily, I changed my mind.

[mezzaluna]

Investment is one way to earn more money but you need to leave your money for a long time before reaping its profit. Being able to learn about Cryptocurrencies is also another way to be economically stable but you have to be smart on how to earn things here. There are many opportunities to grab so that we could earn and those opportunities depends on us if we will pursue this path. Investments are great but most financial companies have the risk of losing all those over some scandals that they do not foresee. Better make sure and DYOR before doing this investments.

[LUCKMCFLY]

A very valuable type of diversification in the 1970s was investing in bank bonds and saving money to generate interest, now that is not so feasible, the world is going at a different pace.

Yes, I remember my father was holding only bank deposits to generate monthly income for our living which must be the reason later on we got to suffer when banks decided to reduce the interest rate. My father got savings but refused to invest. In my country some 15 years back itself, saving money on banks for interest generation had become not feasible.

Without investment, you will likely suffer and will have to work forever. Investment does indeed build you future and will help you to retire early. Savings are not enough! You saving won't appreciate in value in the long run.

True. Investment will definitely help to cope up against rising inflation rate. Only because of high inflation, our saving will lose its buying power over the time; but when we are converting our saving into some asset and then selling that asset for profits will definitely help us to live better against inflation.

Exactly, in the book "A random walk through Wall Street" Malkiel Burton recommends that a good diversification also consisted of having funds in Online Banks, I do not have much knowledge of how profitable it is, in northern countries and Europe banks may online offer interests that attract people, but I am sure that they will not offer interests equal to or greater than 24% per year, and if they offer protection against a possible downturn in the world economy. The best current diversification I think can be the investment in Gold in physical and Digital, Real Estate, since crypto is very large, it could be divided between Bitcoin and at least the 5 coins of the Top of CMC, since in any world event it is you must take into account possible electrical and internet failures.

[cydrix]

I understand the title of your thread but when you go on to explain it I don't understand you very well. It seems to me that you beat about the bush. I would summarize it in that if in the future you want to be better off financially than you are today, whether you want to be rich, a millionaire or simply have economic stability, what you have to do is invest in financial assets. Since we are in a Bitcoin forum, to say that the best seems to me the Bitcoin, but try to have at least a paid house, and you can add something from the stock market, stocks or mutual funds.

Anyway, buy assets. If you want to be poor, just spend all the money.

Yeah right the title was misleading but the content wasn't that straight to the point although investments can lead you to a good life it can also lead to your demise It's your choice I guess if you want to invest on something that can give you lift from your current state then go for it. Also be careful when choosing where and what you're going to use your money for.