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Author Topic: Look for what to invest, not what to eat  (Read 1694 times)
The Sceptical Chymist
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June 26, 2023, 07:19:32 PM
 #201

that's easy to say when u r well fed.
People must have things to eat to survive before they can do other things including investment.
Yep and yep.

I've seen a few threads around here dealing with food, and I don't think OP is seeing things from a lot of people's perspective--especially when inflation is so high that every time I go food shopping, prices have increased.  Maybe just a little each time, but the overall effect since the beginning of the COVID epidemic is very noticeable. 

Besides, if you can save money by decreasing the amount you spend on food and other necessities, the more you'll have to invest.  Makes sense, right?  So I'm all for the threads in Economics and elsewhere dealing with penny-pinching topics.  Not everyone here is rich, you know.

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June 26, 2023, 10:14:40 PM
 #202

Focusing on investment is good than focusing on eating. I understood this from the personal expenses met by my mother and how she saves money. It looks small, but it helps and even helped when I don't have money I borrow from mother.

She grows lots of plants and vegetables around the house and meets the daily food needs. With the rest available she sell it to the nearby people and gets little money. This she use on other groceries required. Being on the rural region this can be followed easily. Sometimes she manages with the food that is left unused the previous day with some sort of modification. Some might term it unhealthy, but she does it in a healthy and tasty manner.

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June 26, 2023, 10:23:26 PM
 #203

that's easy to say when u r well fed.
People must have things to eat to survive before they can do other things including investment.
Yep and yep.

I've seen a few threads around here dealing with food, and I don't think OP is seeing things from a lot of people's perspective--especially when inflation is so high that every time I go food shopping, prices have increased.  Maybe just a little each time, but the overall effect since the beginning of the COVID epidemic is very noticeable. 

Besides, if you can save money by decreasing the amount you spend on food and other necessities, the more you'll have to invest.  Makes sense, right?  So I'm all for the threads in Economics and elsewhere dealing with penny-pinching topics.  Not everyone here is rich, you know.
Yeah thats life and its not surprising that there are some who are really that good on making some advices but doesnt really know on what are the real situations on which most people been facing specially to those

who are just earning the average or something which is really just that right on their daily food or supply for them to survive on that day, which means that there are no other priorities which is more important than this. This is why those people would really be missing out lots of opportunities on which they could possibly make because of such condition. This is why we cant really or we dont have the right to blame or tell someone on what they should gonna do because they've been just doing or prioritizing things which is something that would really be connecting out with their daily survival.

This is why just let them be on what are the things that they would gonna tend to do because we are really just normally be trying out to survive and doing our very best on whats good for us.

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June 26, 2023, 10:44:52 PM
 #204

I don't know why some people in this platform are looking for what to eat at the moment, not know that they can invest in a potential projects that will put food on their table, and they will not lack what to eat and what to spend in future. I saw some message in the Bitcointalk.org where some users are trying to sell their account just to get what to eat not knowing that they can use that account to work to get a huge capital that will bring them out from poverty, and make food surplus in their home. I knew some senior members in this forum that started using member rank to work before they get to legendary to spread many investments around the country, because they didn't look for what to eat at the moment than to work hard to used their opportunities to invested in BTC before they became who they are today.
Will you invest now or you will be like that person that is looking for what to eat? It will be favourable if you can change that attitude of selling what will make you great in future just because of what will survive you at the moment. No way you will invest in BTC today and you will not have something good to eat because, investment is like a seed planted in a due season to expect something good in the future. Is it a good thing to invest or is good to continue looking for what to eat?
What do you think.
you can not invest on an empty stomach, it takes only a physically and mentally stabled person to even as much as think towards the line of  investment.

I think you should rather suggest that while eating, one should also consider investing.

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June 27, 2023, 02:10:23 AM
 #205

It is the same with if your salary increases, your spending also increases. That is why it is better to have self-control, as we always have in mind that because we do have that money, we need to relax and buy those things, and we don't think about the future. That is really the opportunity to invest, as we do have spare money on it, so we need to make use of it. But it doesn't mean that we refrain from doing it, but we should prioritize investment over that unwanted stuff.

Food is a need and not a want, things we should overlook are our wants and not our need. Our needs are necessary for survival, what's the benefits of you making all the money and enjoy them because you developed an illness out of lack of food or proper balance diets. I had a friend in school that because he was always saving for investment only eat junk food filled with sugar. He developed diabetes and has been battling it since.

He has money but can't enjoy it, always visiting one hospital after another due to his diabetes illness and other illness that comes from him having diabetes. As we save for investment, we shouldn't neglect our health as health is very important, we should learn to balance everything.

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uswa56
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June 27, 2023, 09:01:44 AM
 #206

It is the same with if your salary increases, your spending also increases. That is why it is better to have self-control, as we always have in mind that because we do have that money, we need to relax and buy those things, and we don't think about the future. That is really the opportunity to invest, as we do have spare money on it, so we need to make use of it. But it doesn't mean that we refrain from doing it, but we should prioritize investment over that unwanted stuff.

Food is a need and not a want, things we should overlook are our wants and not our need. Our needs are necessary for survival, what's the benefits of you making all the money and enjoy them because you developed an illness out of lack of food or proper balance diets. I had a friend in school that because he was always saving for investment only eat junk food filled with sugar. He developed diabetes and has been battling it since.

He has money but can't enjoy it, always visiting one hospital after another due to his diabetes illness and other illness that comes from him having diabetes. As we save for investment, we shouldn't neglect our health as health is very important, we should learn to balance everything.
That's true, we must first meet our needs in life for survival, not only food but also clothing and so on.
After that, we can fulfill our desires if we have more money.
Regarding people who hold themselves too much, I think the lack of knowledge causes greater losses when experiencing health problems.
It's all about mindset, I don't agree that we look too much to fulfill desires or to invest, in fact, whatever we do is to meet high standards of needs so that it will make it easier for us to be able to look for more so that we can achieve what we want.
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June 27, 2023, 01:00:29 PM
 #207

And actually it also depends on the situation and condition of the person. If someone is having financial difficulties and even has difficulty buying food, the main priority is of course food. But if someone is in a condition that is financially secure enough where he can eat enough and has enough income to meet all basic needs. then someone is indeed advised to be able to save and invest for the future. because we must have hope and better financial conditions in the future. and we have to start planning and start investing from now on.
You are right, if someone is still having difficulty financially then they will not think about saving or investing. What they will think about is being able to eat every day, which is more important because it will sustain their life, but for those of us who have been said to have sufficient income and finances stable enough, you need to think about the future by investing in several fields while there is still money, so take advantage of that opportunity, don't ever waste it on things that are not important because one day it will be a regret when you are old you can't produce anymore.

For me investment is important, while we still easy to have a steady income every month, plan to invest as early as possible, it doesn't take much, even setting aside 10-15 percent of your salary is good enough, especially in Bitcoin, of course there is a large potential for multiples.
Investing and saving don't have to be in large amounts at once. Well we can set aside from every income we get every month. 10-20% or whatever that is as long as it's pretty cool money. then it could be a pretty good investment for our future. I personally prefer to make two types of investments namely Physical investments and Digital Investments. and for Digital investment of course in Bitcoin is the most suitable thing and what I also choose at this time.

But again lucky on you that you have extra money to save and invest to if we follow the 10% on saving money from the salary is for sure we wont buy all our necessities as our salary is low. Though it doesn't mean that we save big, we can save what we can, but again, it takes time. But again, this is better than not saving, as in the future, if you see that it is best to invest this, then you now have money to put on it.

Our salaries should never be limiting factors because if we live in that box kept in a corner, we will never be able to learn bigger stuff, never be able to invest somewhere else. For this very reason one should directly evolve themselves with brighter skill sets, have multiple ways of earning sources. Any ITian can easily to moon lightening so that they can literally double their wages. There are relatives who are literally saving everything from the first salary and some portion from the second salaries. I am not sure form what region you guys are but most of the western sides allow this and it's blessing to everyone. If someone is from different field which does not allow such multiple profiles then better look for home based or part time jobs which are doable in the remaining hours. One can seriously manage the life to get more out of it and still maintain good lifestyle.
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June 27, 2023, 02:48:38 PM
 #208

Investing for the future is absolutely not a bad idea but for a person to have some money to invest then he must have had enough to eat already before thinking if investing. The idea of investment can't make sense or ring a wisdom bell in the ears of an hungry man. So firstly, meeting up the immediate needs is what should be important as it's only wuth a full stomach that investment becomes necessary.
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June 27, 2023, 04:15:47 PM
 #209

When you talk about investment, no doubt it is a good idea, but food comes first, you have to eat before thinking of investment, how can you even invest when you can't afford to eat, food is very essential to every living organism not particularly the intelligent animals (human beings), Just imagine when a man barely feeds twice a day, he can't even think of investment, his daily prayers will always be limited to having food to eat first before any other thing. Investment will be the last thing in his mind.


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June 27, 2023, 06:19:31 PM
 #210

~~snip~~
What do you think.
Nowadays everyone who is related to cryptocurrency is highly motivated to invest. As long as I've known about this Bitcoin and the knowledge I've gained from it, I definitely need to do something for the future. And my attitude has always been to think of something great for the future why investing in Bitcoin is life changing. Of course I will keep some of my money for investment and try to do something good for the future with that money. But first of all it is very important to know about this well before investing, adopt all the strategies and acquire special knowledge about the market. And if the investment is made, it will certainly yield good profits later and there will be no shortage of food in the future. Some amount of money is enough to continue eating and investing is to brighten the future.

.
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June 28, 2023, 02:39:23 PM
 #211

Diligence is the mother of good luck. Save the base rich. The classic adage of my environment.

Yeah, I just know that some people were deligent, and luck found them, and they became rich at that instant, but they were not persistent in doing what they could do deligently; they therefore got too comfortable and stopped pushing, with the thought that they would never fall, but in the process of relenting, they fell out of the race because things were never the same as time went on; the cost of living always kept growing, but the low class who saw the need to keep stepping up always did so, deligently believing that they would reach their dreams, and perhaps if it pay off for them, they would want to sustain it because they don't want to go back to the stage they have managed to leave.

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June 28, 2023, 03:22:26 PM
 #212

Feeding is essential and it plays a very vital roles in our lives today we need food to eat to sustain our living otherwise, without food we may fell sick while those money or investment would still be pulled out to take care of our healths.
Before anyone thinks of investment they should also plan a way of life and living in other to have a long time investment strategies, I have witnessed many people who invested, due to some critical issues those investment where pulled off to settle some important bills but that does not mean that such person do not want to invest but it was the only alternatives and remedy to what is at hand currently.
Health comes before investment, anyone who doesn't have a good health condition doesn't go into investment, we are investing for our future use and when the needs arises we don't need to still hold while our lives is in danger.

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June 28, 2023, 03:23:03 PM
 #213

Focusing on investment is good than focusing on eating. I understood this from the personal expenses met by my mother and how she saves money. It looks small, but it helps and even helped when I don't have money I borrow from mother.

we all know how important it is to invest but to the extent of starving yourself off proper meals, the only thing I see is that is always good to have some saving no matter how small it, and I think your mom did a good job teaching you how to save, I also remembered when I use to have a piggy bank, once am gifted any cash it was always deposited there. 

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She grows lots of plants and vegetables around the house and meets the daily food needs. With the rest available she sell it to the nearby people and gets little money. This she use on other groceries required. Being on the rural region this can be followed easily. Sometimes she manages with the food that is left unused the previous day with some sort of modification. Some might term it unhealthy, but she does it in a healthy and tasty manner.

Wow, I am amazed and smiled at how vegetables bring money, one of the best investments I noticed is agriculture because people need to eat, there is no way you won't sell when it is agricultural produce, you eat and you can also sell from it, the disadvantage is that it has its own risk and it involves stress. the demand for food is increasing. I prefer rural towns to cities because they provide access to fresh produce, which is beneficial to one's health.

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June 28, 2023, 07:06:58 PM
 #214

Feeding is essential and it plays a very vital roles in our lives today we need food to eat to sustain our living otherwise, without food we may fell sick while those money or investment would still be pulled out to take care of our healths.
Before anyone thinks of investment they should also plan a way of life and living in other to have a long time investment strategies, I have witnessed many people who invested, due to some critical issues those investment where pulled off to settle some important bills but that does not mean that such person do not want to invest but it was the only alternatives and remedy to what is at hand currently.
Health comes before investment, anyone who doesn't have a good health condition doesn't go into investment, we are investing for our future use and when the needs arises we don't need to still hold while our lives is in danger.
Your point about valuing health over wealth rings true. After all, in the absence of health, all riches are hollow - it echoes the ancient wisdom of "Health is wealth". Yet, ponder on this: apt investment methods could potentially enhance health!

Curious, aren't you? A diverse portfolio could support health insurance, frequent medical check-ups, superior nutritional choices, and even mental serenity due to fiscal stability. Thus, astute investment could safeguard not just your tomorrow, but also bolster your health.

However, emergencies might demand dipping into our investments. Prudence lies in having a mixed portfolio and a reserve fund for unexpected events, enabling health and wealth to stride together.

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June 28, 2023, 07:45:28 PM
 #215

When you talk about investment, no doubt it is a good idea, but food comes first, you have to eat before thinking of investment, how can you even invest when you can't afford to eat, food is very essential to every living organism not particularly the intelligent animals (human beings), Just imagine when a man barely feeds twice a day, he can't even think of investment, his daily prayers will always be limited to having food to eat first before any other thing. Investment will be the last thing in his mind.
You are right. Of course, when talking about investing, it is a good thing for our finances in the future with the hope that the value will increase and investment can also provide benefits, but it must be done with financial arrangements beforehand. Prioritize what is needed first, especially for staple needs such as food. Because eating is important for our survival, and also maintaining health without eating we also cannot concentrate when investing. So prioritize the important first.

Investment must have financial planning as stated, we must be able to separate daily needs (living) such as food, future needs (saving) for emergency needs which we deliberately reserve if there is a sudden need at any time. If that has been fulfilled then we can invest, because investment certainly has a high risk and we cannot guess like we are used to.

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June 30, 2023, 04:37:18 PM
Merited by ndutndut (1)
 #216

You are right. Of course, when talking about investing, it is a good thing for our finances in the future with the hope that the value will increase and investment can also provide benefits, but it must be done with financial arrangements beforehand. Prioritize what is needed first, especially for staple needs such as food. Because eating is important for our survival, and also maintaining health without eating we also cannot concentrate when investing. So prioritize the important first.
Prioritizing basic needs in life is something that really should be done because everyone will not be able to do anything when they are still experiencing a shortage of their basic needs. And a good investment is usually an investment in assets that are well known and most liked by everyone so that it will be even better if the investment is made with money or capital that is not used for basic needs. In addition, it will be easier for everyone to invest in the long term when all their life needs have been carefully met.

Quote
Investment must have financial planning as stated, we must be able to separate daily needs (living) such as food, future needs (saving) for emergency needs which we deliberately reserve if there is a sudden need at any time. If that has been fulfilled then we can invest, because investment certainly has a high risk and we cannot guess like we are used to.
Investment is something that is very easy for everyone to understand, although it is not easy enough for everyone to do because every investment must always be related to basic capital that is not used for anything else, including for daily needs. So besides having to understand the risks, everyone also needs to understand about the capital they will use for the investment they want to make in their life.
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June 30, 2023, 07:57:46 PM
 #217

I don't know why some people in this platform are looking for what to eat at the moment, not know that they can invest in a potential projects that will put food on their table, and they will not lack what to eat and what to spend in future.
No way you will invest in BTC today and you will not have something good to eat because, investment is like a seed planted in a due season to expect something good in the future. Is it a good thing to invest or is good to continue looking for what to eat?
What do you think.
While investing in projects that can provide long term financial security is important, it is also important to consider that not everyone is on same ship in terms of circumstances and opportunities. Individual may be facing critical moments that need immediate financial solutions to meet their basic needs such as putting food on their table, health concerns, etc.
Financial literacy is important, but it is also important to approach this with empathy and understanding as everyone circumstances are different and as such, there are individuals whose basic needs precedes anything else.

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July 01, 2023, 10:47:46 AM
 #218

you can not invest on an empty stomach, it takes only a physically and mentally stabled person to even as much as think towards the line of  investment.

I think you should rather suggest that while eating, one should also consider investing.
Survival instincts, for example eating and drinking, fighting or fleeing when faced with threats such as blows, fires, animal attacks. If this instinct is not fulfilled, someone will die. In fact, this is also an investment. Investment is not always about finances but also about health in the future so you don't get sick easily. Because if you are sick, the expenses will be expensive and the assets you have will be of no use.

The very first thing that must be done is investing for the necessities of life first so that you have a healthy mind, a healthy body so that you make wise decisions in any case, including making decisions when investing in bitcoin.

 
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July 05, 2023, 01:53:34 PM
 #219

Survival instincts, for example eating and drinking, fighting or fleeing when faced with threats such as blows, fires, animal attacks. If this instinct is not fulfilled, someone will die. In fact, this is also an investment. Investment is not always about finances but also about health in the future so you don't get sick easily. Because if you are sick, the expenses will be expensive and the assets you have will be of no use.
If you really think about it, health investment and financial investment are equally important in life. Because health is the main thing that must be in every human body, while financial investment in the form of money is the main thing that must be in life because it can move the wheels of life better. A person will get sick more easily if he is short of money, whereas on the other hand someone will be more likely to be healthy if his finances are always sufficient, although there are also rich people who get sick.

Quote
The very first thing that must be done is investing for the necessities of life first so that you have a healthy mind, a healthy body so that you make wise decisions in any case, including making decisions when investing in bitcoin.
As I said, that health is important for the body so that humans can think clearly and wisely, but this can only be achieved when a person has enough money to make himself healthy so he can continue to think about making money through investment. And that also includes Bitcoin investment if someone is really sure and knows about Bitcoin, so this must be done in a balanced way in life so that both of them can go according to everyone's wishes.
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July 05, 2023, 02:31:53 PM
 #220

that's easy to say when u r well fed.

if i have to choose betwixt investing &/ having a meal right now..

i'd pick to eat as well.. ngl.

it is only after ur daily needs r met that u think of investing..

or saving for the future.
Exactly mate
Most times I see people who get the wrong concept of savings and investment and firstly we need to eat to stay alive to be able to save and invest.
People save some times because of thread and we just save for a future  that isn't guaranteed, anything can happen tomorrow,  we can die, we might be sick or not really healthy to enjoy our savings  and investments and the rest of them. I'm a fan of investment and savings bjt I think having investments  wouldn't be an easy  one for someone whonks struggling  to put  food on his table(living from hand to mouth).
I agree with you that this thread is for those who aren't hungry, I mean really hungry.

 
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