Voxo2222 (OP)
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December 13, 2021, 05:04:11 PM |
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This what poor people need: Is poor people fund managets who grow up their capital and reinvest this money for example in IPO on stock market and creating crypto projects to be listed later on exchangers 10x profit at least. Also fund manager can use this capital to pump up the markets but first b4 pump the poor investors will know first.
It need be some mutual funds trust kind of thing also with insurance as rich bastards have.
All you need to do is copy paste the rich bastards and poor people get same results.
Also need teamwork and wealthy mindset but here is problem if u not with networking making connections and doing ur finances the way how it should be then u cant get wealthy.
So this one is suitable for ghetto people come together invest ur dope money in markets get few good traders and fund managers usually they have good inside info btw anyone who have learned about finances and corporate investment have some pretty decent inside info.
If u guys need more directions how to organize this proper way then ask.
Its time wake up and doing wealth without crime or working bs jobs such us construction or mc donalds. Time imvest and manage ur wealth proper ways
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DrBeer
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December 13, 2021, 09:56:22 PM |
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Poor people need knowledge first. They also desperately need to learn how to manage even their small sums. The mentality of a poor man, and even more so a genetic poor man, is very different from the mentality and logic of a person with the right approaches. The mentality of a poor man "to fill his stomach", the mentality of a person who wants to increase capital - how to save money and how to invest more in the most profitable projects. Yes, you still need to be able to define what benefits are not projects, and this is from the field of knowledge. Knowledge which the poor do not have. For them, money is synonymous with the word "food", for you, money is synonymous with the word "a tool for making more money." This is a huge difference.
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glendall
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December 13, 2021, 10:41:37 PM |
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managing finances is very necessary, not only for the poor, In processing money, usually poor people find it difficult to apply saving because financial limitations are different from the rich So for the poor, investing in large amounts is very difficult, as you would say, investing in stocks but in crypto maybe it can help the poor in terms of investing because crypto can be bought in small amounts min 10 $
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aoluain
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December 13, 2021, 11:56:40 PM |
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Poor people need knowledge first. They also desperately need to learn how to manage even their small sums. The mentality of a poor man, and even more so a genetic poor man, is very different from the mentality and logic of a person with the right approaches. The mentality of a poor man "to fill his stomach", the mentality of a person who wants to increase capital - how to save money and how to invest more in the most profitable projects. Yes, you still need to be able to define what benefits are not projects, and this is from the field of knowledge. Knowledge which the poor do not have. For them, money is synonymous with the word "food", for you, money is synonymous with the word "a tool for making more money." This is a huge difference.
Correct, I have posted before that education or knowledge is important for everyone, employment and a regular wage is also important. To increase the standard of living of the poor a solution has to be sustainable. Also, everyone cannot be wealthy, there has to be rich, poor and people in between. Imagine everyone was at the same level, there would be people who spend more than others, people who save more than others, eventually a wealth gap would develop.
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Rengga Jati
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December 13, 2021, 11:59:12 PM |
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What kind of poor people are they? Poor people who really don't have money? Poor people in what countries? Because maybe the rate of poor people among the countries are different. In certain condition, poor people don't need money management because they don't have any enough money to manage. What poor people need is only food to fill stomach, to still get a power, to work again and to get money again. Poor people often don't hold money in daily, sometimes we cannot eat rice or bread in two or more days, only drink is enough, mostly, even if they are holding very money, they can only divide it into their basic premier necessary and the money is only for one or two days to survive. No offense, because these were what my family and I had experiences for several years. maybe this will be different, with others. Thanks God that we have passed this stage even slowly. And only few poor people who have chances to get more struggle, to get chance to live better, to get better jobs, and to get everything better. No everyone has the same chance to get education and to seek for knowledge and to have the similar chance to change their life, no. Only few of us. And we can start doing money management if we have money in our hands, sometimes, it is only about a very simple money management, And yeah, the chance to learn and get more knowledge is very precious for people like us, poor people. If there is a time to learn, some poor people will do and try harder. Open minded and willingness to change their life, to seek for knowledge, to try, and then to get or earn money based on the knowledge. Because knowledge is very important in whatever the case. But exactly, money management is very important, but in certain condition, it may not really work.
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Darker45
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December 14, 2021, 12:57:31 AM |
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Please correct me if I'm wrong in my interpretation, but you seem to reduce poverty to the failure of individuals. The issue of poverty is rather complex so to speak. It is not even simply about a man having nothing to eat, much less about his failure to manage whatever he has-- time, wealth, and otherwise.
From where I am writing, there are structural and systemic causes of poverty. An industrious farmer remains poor all his life despite giving his all.
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laredo7mm
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December 14, 2021, 05:23:06 AM |
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I am not sure whom you are defining as poor. In my country, poor people don't have the money or knowledge to invest in an IPO. They bearly live with their life by hand to mouth.
As an investor, I am also aware of the necessity of money management skills. But it doesn't mean you have to hire a fund manager for that. If you spend some time then you will also be able to learn the key factor and acquire knowledge about money management. Getting lucky with Shiba Inu doesn't mean you have good money management. Money management means risk distribution which is not so hard to learn if you can control your greed and emotions.
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orions.belt19
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December 14, 2021, 08:46:15 AM |
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I am not sure whom you are defining as poor. In my country, poor people don't have the money or knowledge to invest in an IPO. They bearly live with their life by hand to mouth.
As an investor, I am also aware of the necessity of money management skills. But it doesn't mean you have to hire a fund manager for that. If you spend some time then you will also be able to learn the key factor and acquire knowledge about money management. Getting lucky with Shiba Inu doesn't mean you have good money management. Money management means risk distribution which is not so hard to learn if you can control your greed and emotions.
I agree with you. The poor would hardly bother with IPOs and whatnot because they're too busy trying to make ends meet and feed one another. To be able to learn about money management and finances is a privilege. You have to get out of your high chairs and realize that the system is flawed and its not the less fortunate's fault to be in their situation. Everything is a lot harder because you have less access to almost anything as compared to the privileged. Having privilege truly does play a part in making it in society.
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Gozie51
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December 14, 2021, 10:20:15 AM |
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Well... I think that times are changing, poor people are now building the phycology of making wealth unlike in the past when it was all rich affairs with poor people serving and bowing to the rich and chickening out easily to any financial obstacle. Like the IPO and even IDO, the poor are venturing into all of them trying to climb out of poverty. Cryptocurrency has opened the eyes of many youths whose parents were poor, so now in few years time we are going to witness poor youths turning into rich parents ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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andriarto
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December 14, 2021, 10:39:36 AM |
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I am not sure whom you are defining as poor. In my country, poor people don't have the money or knowledge to invest in an IPO. They bearly live with their life by hand to mouth.
As an investor, I am also aware of the necessity of money management skills. But it doesn't mean you have to hire a fund manager for that. If you spend some time then you will also be able to learn the key factor and acquire knowledge about money management. Getting lucky with Shiba Inu doesn't mean you have good money management. Money management means risk distribution which is not so hard to learn if you can control your greed and emotions.
poor people in my country mostly they have low human resources, and partly because they are less fortunate. of the many poor people, they seem to only think about what they will eat later, so that long-term thinking such as investment or financial arrangements does not seem to exist in their minds, so this adds to the difficulty for the government, because they must be equipped with skills in order to survive.
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Vannie12
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December 14, 2021, 12:55:48 PM |
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Not all poor people are educated, some or most are illeterate. You should consider a lot of things before telling poor to get into crypto. The poor has nothing, if not totally, they would just put their money for their necessities. They would want a nice feast on the table rather than puting it into something they don't know about. Additionally, people need access before they get involve in such technology.
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Hydrogen
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December 14, 2021, 01:08:02 PM |
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This what poor people need: Is poor people fund managets who grow up their capital and reinvest this money for example in IPO on stock market and creating crypto projects to be listed later on exchangers 10x profit at least. In boxing, athletes who do not understand finance are often taken advantage of by their managers. Mike Tyson sued his former manager Don King for $100 million. Today many MMA fighters have disputes with their managers for similar reasons. Its not unheard of for prize fighters who make millions to have funds mishandled by management and money handlers. In general, the only way for people to not be taken advantage of is to be literate in finance and money and be directly involved in everything. The poor are a prime target for con artists and thieves due to lack of financial literacy. It is sad to say but if people can get away with exploiting lack of knowledge in the poor, or in wealthy athletes, they will often do so. Even if the poor do succeed in turning a profit. It may simply mean they'll find their favorite drug dealer to buy drugs and spend it all. When COVID stimulus checks were sent, some people literally blew it all on drugs and were poor again within a very short span of time. One issue with poverty is, profits won't necessarily be handled in a way that translates to long term longevity. For the same reasons that more than 90% of those who win the lottery are usually poor again within a short time. Impulse shopping, lack of discipline and user credit could all conspire to help the poor remain forever poor. As someone who spent some time trying to think of ways to end poverty. I'm forced to admit, its a much more difficult problem to solve than I thought.
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Alisha FR
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December 14, 2021, 01:17:36 PM |
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Not only the poor, the rich are also after their profit. Rich people and poor people alike have to manage their finances well. We must be able to share it well with financial management, ranging from daily expenses to unexpected money. Speaking of us as poor people, we don't invest everything to trade, because if there is an emergency need, we don't have to give up our trade.
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Reid
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December 14, 2021, 01:18:00 PM |
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If u guys need more directions how to organize this proper way then ask.
I know where this is going. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Are you trying to be hired by someone here to be the fund manager? You took the effort of a long input for every details and even used poverty to float the way it should be done. i.e. investments in mutual funds. But, if no one will work for McDonalds then where would some people get their food? If we all inquire to whatever you are proposing then will there be no more poor guy in the world? I don't think that's how it works. It's called balance. There will always be a McDonald crew especially if he/she is just a starter in working then those who badly need experience will do it. This may not be the right place to get some investors because we opened our eyes to cryptocurrencies industry and most of us will just invest it there without the need to hire a manager saving us more money.
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lovesmayfamilis
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December 14, 2021, 01:33:20 PM |
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Every day, watching the OP open new topics, I ask what he eats or smokes. Why does he have such thoughts in his head? Why do you call rich people bastards? You are contradicting yourself by saying that you need connections and experience to organize good projects. A rich way of thinking does not depend on the presence of money. This property of the mind is either given or not. Not all rich people are born rich. Precisely because they were able to properly organize their business, as a result, they became successful. What prevents people, from how I understand your society, those who "invest drug money", to stopping being lazy and starting developing? It is foolish to talk about poor people who really have nothing to eat. For obvious reasons, they do not need to invest their pennies somewhere, since they require them. But those people who are lazy and do not give due time to their education, but want a quick profit, do not need to feel sorry for such people and should not be called poor. All that they gained or lost happened only through their fault and greed.
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el kaka22
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December 14, 2021, 06:30:17 PM |
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Poor people do not need fund managers to tell them what they should do, poor people (depending on the situation) needs fairer wages. If today CEO's are making thousands of times more money than the lowest paid person versus 50 years ago when they were paid a lot less, that means there is something wrong. If today Tesla is worth this much and Elon musk has 300+ billion dollars networth, that means he could pay his workers a better wage, if Jeff Bezos is worth this much then he could afford to pay good wages.
So, if huge companies paid decent taxes and did not try to add in a few more billion dollars, actually dozens of billions of dollars this year, then they could allow poor people to live better lives. Just 20-30 years ago people could work and earn enough money to buy a house, today that dream is long gone for majority of the working class.
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Bollexz1
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December 14, 2021, 07:42:24 PM |
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I tag myself a poor entity basically because I come from a very poor home/community. It took years for me to get some things right but its all becoming a story now as I'm already paving my ways through crypto. Not stable yet but thanking God for the little I know and own today.
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Fortify
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December 14, 2021, 08:43:52 PM |
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This what poor people need: Is poor people fund managets who grow up their capital and reinvest this money for example in IPO on stock market and creating crypto projects to be listed later on exchangers 10x profit at least. Also fund manager can use this capital to pump up the markets but first b4 pump the poor investors will know first.
It need be some mutual funds trust kind of thing also with insurance as rich bastards have.
All you need to do is copy paste the rich bastards and poor people get same results.
Also need teamwork and wealthy mindset but here is problem if u not with networking making connections and doing ur finances the way how it should be then u cant get wealthy.
So this one is suitable for ghetto people come together invest ur dope money in markets get few good traders and fund managers usually they have good inside info btw anyone who have learned about finances and corporate investment have some pretty decent inside info.
If u guys need more directions how to organize this proper way then ask.
Its time wake up and doing wealth without crime or working bs jobs such us construction or mc donalds. Time imvest and manage ur wealth proper ways
Most wealthy people will have learned, or will go out of their way to learn, how to properly manage their money without a fund advisor. They may use one just to keep things simple and because they have other hobbies that they want to spend their time on, but most will have a good grounding in financial application. It's very easy to be wasteful with money at all ends of the spectrum - rich or poor. However you can learn a lot from reading about this topic if you really want to - just know that the path for the average person to having lots of money will take a long time and you're better off forgetting about all these get rich quick schemes advertised in your face every day.
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adzino
Copper Member
Hero Member
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Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
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December 14, 2021, 11:49:27 PM |
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Not sure what you are saying over here. The poor people can't just "copy paste" what the rich people do and become rich like them. And no, they don't need a fund manager. A fund manager can't always beat the market. In fact, most of them are terrible at their job and only few succeeds. -snip- So this one is suitable for ghetto people come together invest ur dope money in markets get few good traders and fund managers usually they have good inside info btw anyone who have learned about finances and corporate investment have some pretty decent inside info.
If u guys need more directions how to organize this proper way then ask.
Its time wake up and doing wealth without crime or working bs jobs such us construction or mc donalds. Time imvest and manage ur wealth proper ways
No, investing your dope money in the market won't get you rich. You first need to clean yourself before you enter the market. Working at those "bs jobs" is what will help you gain capital to invest in the market. So don't quit that job. Keep working and invest when you can. Investment won't give you a steady flow on money. Risk is high. Flipping burgers on Mc Donald will give you steady flow of money.
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romero121
Legendary
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Activity: 3220
Merit: 1213
PredX - AI-Powered Prediction Market
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December 15, 2021, 12:06:07 AM |
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Very first thing, poor people are made by the government. The resources are getting accumulated within the hands of few corporates. When a corporate have the ability to make such a volume of money, why a government isn't able to do the same and diversify the revenue. I might look wrong in one way, and some might feel I'm right.
To make money you need to have a relaxed mind, when that isn't possible how come a person will think positive. These days middle class people have learned better and are improving themselves moving to the next level of living through a job and other kind of investment.
Poor people need to learn, because education is the only tool through which one can survive even if he isn't able to earn big. Most of the millionaires of the world state they are little educated. This means education gives the learning and the experience makes us strong to move forward and face anything to progress.
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