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Author Topic: Investment the way to economic stability  (Read 469 times)
Smartvirus
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April 15, 2021, 05:15:51 PM
 #61

Investment is the right way to go about gaining stability in your financial situation but in most cases, it doesn't end with just you investing in what ever platform or business endeavour alone. There is a part to killing an investment and that is the management. Should you be lacking in the necessary expertise or knowledge on the managerial strategy of an investment of interest and you don't have the necessary resources to hire an expect to manage the investment, then your heading to a doom. As much as investment could save you from financial difficulties, your best way out still lies with your ability to manage the business or investment package properly.

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April 15, 2021, 07:42:48 PM
 #62

Investment  is truly the way to economic stability, no doubt there are so many people in the street who where rich but later became poor because no standard investment was made or there couldn't manage their investments properly, so many worked so hard to become rich while some got rich by chance but it's so certain that a rich guy without an investment will go broke someday because he is spending from what he has already and no income  to replace what he has spent. Another problem there is most people get scammed where looking for investment platforms but thanks to crypto which has given us opportunities to invest and earn good profit, tho there are risk applied which makes it mandatory to learn about crypto before jumping in.

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April 16, 2021, 06:17:01 AM
 #63

People are starving, people are having conflict and difficulties and surviving everyday due to unemployment.

I think that investment is the way in order for us fight inflation and economic crisis.

Financial stability is what we need right now, we need to make a way and seize every opportunity as much as possible just like what crypto investment is.

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April 16, 2021, 06:32:19 AM
 #64

In the current situation where there is an economic crisis and the number of unemployed is increasing, it makes us have to invest properly.
Because investing in the right assets can help the economy, that's why those of us who are familiar with crypto and investing in crypto are
among the lucky ones. Because crypto performance continues to rise and provides profits for investors, it is unlike other assets which are
very unstable and tend to decline. If the investment we make is right and that investment can be used as a source of income, it should be
the path to economic stability.

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April 16, 2021, 07:49:46 AM
 #65

Some people can be lucky and get money, but the way they will handle it what will determine their future.

There are people who don’t know how to manage money, the first thing that comes to their mind when they get money is how to spend it, they start thinking of cars and bikes and new phones, and the best restaurants to go spend money, and before you know it they have squandered the money they should have used and invested properly to change their lives once and for all.

This kind of lifestyle is what I see as stupidity, it’s very bad when people are not thinking of ways to better their life and all they can think about is enjoyment. Very bad .

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April 16, 2021, 08:42:28 AM
 #66

People are starving, people are having conflict and difficulties and surviving everyday due to unemployment.

I think that investment is the way in order for us fight inflation and economic crisis.

Financial stability is what we need right now, we need to make a way and seize every opportunity as much as possible just like what crypto investment is.

How could people invest if they don't have money in their pockets? for sure they can't do this and they will starve to death if they will just rely on the relief of the governments or wait for their company to come up. Better to find good solution like create a job and post some services like delivery service to those people who needs something outside, I see this one booming also other choice is to do online selling food,things and other stuff for this maybe we can get a money for temporarily survival then if there's extra then we can use it on investment.

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April 17, 2021, 04:55:01 PM
 #67

~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.
besides working hard, we also have to work smart. investing is one way to achieve financial freedom when our physical abilities begin to decline, we must really prepare for this. It is very important to have knowledge of what we are going to invest in, so that we can prepare our steps properly, not just following the trend.
I believe in this as well but unfortunately it is not something that gets addressed a lot, people understand that they need to work hard but they do not understand that working smart is also necessary, we need to find ways to keep our money safe and growing and most of the time people keep their money on a bank account that gives them no interests and that is a waste of time and money, it is necessary to learn about investments and yet very few people do something like that.

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April 18, 2021, 03:12:07 AM
 #68

Some people can be lucky and get money, but the way they will handle it what will determine their future.

There are people who don’t know how to manage money, the first thing that comes to their mind when they get money is how to spend it, they start thinking of cars and bikes and new phones, and the best restaurants to go spend money, and before you know it they have squandered the money they should have used and invested properly to change their lives once and for all.

This kind of lifestyle is what I see as stupidity, it’s very bad when people are not thinking of ways to better their life and all they can think about is enjoyment. Very bad .
It's not that they have this mentality for a long timr, it's just that this kind of mentality is ingrained because there is no people who taught them how to be wise with money and at best, the one that they know of is just saving on a piggy bank. If we taught people financial knowledge then we will be able to reduce this kind of mentality.

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April 18, 2021, 04:18:57 AM
 #69

Development is about bringing about a new structural change in the social system political stability is essential for the economic development of a country. Many people are not able to manage everything properly for the sake of their lifestyle If they can adopt the right way of investing it is possible to reduce them investment conversion is important at this stage of economic maturity. At this stage capital is dominated by investment in consumer goods and household consumption goods rather than production of national goods.
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April 20, 2021, 04:20:13 PM
 #70

Some people can be lucky and get money, but the way they will handle it what will determine their future.

There are people who don’t know how to manage money, the first thing that comes to their mind when they get money is how to spend it, they start thinking of cars and bikes and new phones, and the best restaurants to go spend money, and before you know it they have squandered the money they should have used and invested properly to change their lives once and for all.

This kind of lifestyle is what I see as stupidity, it’s very bad when people are not thinking of ways to better their life and all they can think about is enjoyment. Very bad .
It's not that they have this mentality for a long timr, it's just that this kind of mentality is ingrained because there is no people who taught them how to be wise with money and at best, the one that they know of is just saving on a piggy bank. If we taught people financial knowledge then we will be able to reduce this kind of mentality.
But that is the thing, governments are never going to give this kind of education because they like that their population is completely ignorant about how the economy really works, people cannot really expect this knowledge to come from the education system or even their own family members as they do not have that knowledge, they need to do this by themselves and this is hard as most people do not know where to begin and this is why they do not even try and they keep just working hard and waste many opportunities that could have helped them to increase their wealth significantly.

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