Investment mindset key in creating wealth

[ancafe]

Wealth is something that is created when the right mindset is there because one thing that is common among the wealthy people is that they see things differently from the way the ordinary man sees things and that is the starting point of creating wealth because mindset players key role it's when the right mentality is there that one can be thinking of increasing his wealth base by finding a business that he can invest into and create wealth

There should be a shift in the way and manner that people view things as becoming wealthy has a link with your mindset as it's critical and important in the process that leads to wealth creations

Even if the wealth inherited from parents but is not managed properly will also run out, let alone seeking wealth in a life condition that is full of shortcomings like today. Mindset determines but also cannot be separated from the capital we have because investing with small capital takes a little longer. The view in seeing something must be based on the determination to improve life so that people will be more motivated to achieve success in finance.

Everyone has the same opportunity to achieve a better life but it depends a lot on one's ability to run. Most people understand how to do it but do not have the courage to start and that is the same and will never succeed in investing because thoughts and actions will go hand in hand to achieve it.

[tygeade]

i agree wealth or success is not something that you have to wait for it’s something you have to work hard for yes patience must be involved but also hard work and determination are needed if you just wait for wealth to happen naturally then you’re waiting for nothing

Hard work and determination will lead to a good education and then earnings, investment comes once you start earning you look into the assets available at hand and then start putting money on them. For this a good income source is necessary and so is financial literacy. Most of the people dream big but they lack the first one, because they are not willing to work hard for a decent income. That is what youth is for, you earn now so you can reap in the older age.

Patience is important in making deals, observing characters and putting in the right investment at the right time. All these are virtues and the relative lack of them leads to a bad investor.

Most of the people in the world do not earn enough to make a good enough to put money aside and that is the problem. Majority of the world is living under poverty wages, which means that their salary is not enough to be considered out of poverty, they are literally in it.

You can't expect these people to live even worse, so they could save some aside and get themselves out. Maybe on paper that makes sense, but these are not the people who are spending 100 dollars on a steak, these are people who are spending 100 dollars on food for a whole week or even two weeks, in some parts of the world even for a full month. This is why, you can't really see assets getting grabbed up by everyone, only a few rich elite does so, a few million people around the world gets richer, while billions are living in terrible conditions. There are literally billions, over two billion, people who are not getting nutrition they should, because they can't afford to buy proper food.

[Su-asa]

Without a source of creativity you can't get wealth. Give someone with an investive mind a sum of five million naira and they would be able to create wealth with it after a long period of time, it's not about how small the amount of money is it all depends on how well you are able to think. Someone who lacks the investive mindset wouldn't be able to multiple whatever they have, these category of people go broke after making a huge amount of money because they don't have anything to channel their money to. If you don't have ideas of what to invest in the internet has made this easy, just search for something online.

[MarjorieZimmermanGinger]

When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time and since it's created their are steps that you need before wealth can be created and one of such steps is to change your mindset and believe system that one has concerning wealth because the fact is that true sustainable wealth is created via investment that returns profits on investment and has a great potential of growth over a given period of time

Don't force yourself to do something that we don't know because it has the potential to lose money in running it. Wealth is always considered about how much wealth we have and people will say we are rich if we have abundant money and wealth. Mindset determines a person's style because usually poor people always say they can't afford it and they often complain because they don't have the opportunity to get wealth. Even though everyone has the same opportunity to get wealth in different ways.

If we want to get rich, we have to know the method and usually when people want to build a business, they need capital, skills and courage to start and the rest depends on our own actions on how to create a pattern to develop the business to be more developed.

[pusaka]

Without a source of creativity you can't get wealth. Give someone with an investive mind a sum of five million naira and they would be able to create wealth with it after a long period of time, it's not about how small the amount of money is it all depends on how well you are able to think. Someone who lacks the investive mindset wouldn't be able to multiple whatever they have, these category of people go broke after making a huge amount of money because they don't have anything to channel their money to. If you don't have ideas of what to invest in the internet has made this easy, just search for something online.

Mindset becomes something that can change that, because with that thought will be created many ideas and for me an idea is something that cannot be paid for with money. Many rich people now see them creating it because of an idea, maybe some will think the idea is crazy and unreasonable, but it has been proven to work. But the problem is, we usually don't want to go through the process or in other words we only want something instantly, that's what ultimately makes an idea that is actually good become an idea that fails because of its poor implementation. This must go hand in hand, and it will also be easier if we have decent capital of course.

[Zoomic]

Let me me breakdown some people's thoughts about wealth.
Once they get any huge amount of money, they buy cars, enroll in expensive schools, accumulate luxury items and live extravagant lifestyles. To them, this is wealth. They may be right though, but if there is nothing to sustain that luxurious lifestyle, then they should be expecting to fall drastically.

The most important thing about wealth is the process of wealth creation. Wealth doesn't just come overnight, the person who desires to accumulate wealth must be consistent and patient in investing in projects that will generate continuous returns. In addition, they must keep themselves updated with recent updates so they can diversify if need be or work on themselves so the wealth keeps growing.

[Smartprofit]

In my opinion, investments alone cannot create capital (wealth). If you only have $10, you are unlikely to become rich by investing this amount.

In order to become an investor, you must first create seed capital. Seed capital is created through hired work or business.

At the same time, to receive a large income from hired work, you need to become a unique specialist with high qualifications. Otherwise, your salary will be completely spent on covering current expenses. And you will not be able to invest.

Also, to create a profitable business, you need to constantly develop your entrepreneurial skills. After all, many businesses go bankrupt at an early stage.

[uche6215]

In my opinion, investments alone cannot create capital (wealth). If you only have $10, you are unlikely to become rich by investing this amount.

In order to become an investor, you must first create seed capital. Seed capital is created through hired work or business.

At the same time, to receive a large income from hired work, you need to become a unique specialist with high qualifications. Otherwise, your salary will be completely spent on covering current expenses. And you will not be able to invest.

Also, to create a profitable business, you need to constantly develop your entrepreneurial skills. After all, many businesses go bankrupt at an early stage.

No body is saying that investment doesn't need capital to start because anything relating to investments is capital incentive so I agree with writer that you need to have a mindset that is investment based because any thing you become in life is a function of your mindset so even if you have billions at your possession and you don't have the right mindset in terms of your mentality you're not going to do anything with your money but someone with a right mindset can turn even the tiniest of money into wealth through investment

[Fortify]

When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time and since it's created their are steps that you need before wealth can be created and one of such steps is to change your mindset and believe system that one has concerning wealth because the fact is that true sustainable wealth is created via investment that returns profits on investment and has a great potential of growth over a given period of time

It is very hard to understand what you're trying to say and you need to learn how to break up your writing with at least some basic grammar, you need to separate sentences with a full stop instead of letting it continuously run on. Trying to extract meaning from what you're saying - no, there isn't a magical time when you will suddenly become wealthy in life. The people with wealth have generally worked their finances towards that situation over a long time and by being very wise with their money. It does rely on long term investment as you say, you should never expect to turn $100 into $100k by choosing some stock to buy and thinking that it will go up quickly, just like winning the lottery this happens to very few people and should not even be a consideration.

[Egii Nna]

When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time and since it's created their are steps that you need before wealth can be created and one of such steps is to change your mindset and believe system that one has concerning wealth because the fact is that true sustainable wealth is created via investment that returns profits on investment and has a great potential of growth over a given period of time

One sentence that I was expecting to see was, “For you to get wealth, you have to make up your mind on going into risks,” because that is the only way you will achieve that. Did you know you cannot get money in investment without risk, so you have to bring out the risk part first before you can talk about the investment or even getting profit.

 A lot of people have failed due to the view and mindset they have when it comes to taking risks, which in life, one step of higher risk is capable of changing your financial story, either good or bad. You can make it in a night, and you can still lose it in a night no matter the type of investment or business. That is why I always say for you to successfully change your financial status, you have to learn or know about risk management first. because it will help you to avoid jumping to any type of risk.

[Smartvirus]

When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time

i agree wealth or success is not something that you have to wait for it’s something you have to work hard for yes patience must be involved but also hard work and determination are needed if you just wait for wealth to happen naturally then you’re waiting for nothing

You know I just have a thought on something right now and it is;

How do we know all these things, all these answers to being a successful person or important figure in the society and yet, not so many of us, even equipped with all these knowledge archive success or becomes wealthy.
We have our world today, sinking in economic crisis like a quick sand, yet we have all the world’s best economists in place but, nothing they could do to save the economy, why is that?

The answers isn’t as simple as it’s given, pathways towards a successful life isn’t easy.

[Hanadawa]

Most of the people in the world do not earn enough to make a good enough to put money aside and that is the problem. Majority of the world is living under poverty wages, which means that their salary is not enough to be considered out of poverty, they are literally in it.

This is a problem that billions of people around the world face. Those who are employees of a corporation usually only get a low wage that is only enough to cover their living expenses for a month. Only a few companies have high wages. So with a small wage they have to live as frugally as possible and leave some money to save and invest. But there are also many who are married and have children and this makes it impossible for them to save their money at all. This is the problem that makes it difficult for many people in the world to gain wealth by investing. Some people will not relate to this situation especially if they are not employees and come from a prosperous country. But for third countries being an employee means you only get a small amount of money to meet your daily needs, nothing more.

[Oluwa-btc]

When it comes to wealth different people has different views concerning it some consider wealth as sometimes that has it own time so when it gets to your time you will become wealthy but the fact is that wealth is one thing that is created over a given period of time and since it's created their are steps that you need before wealth can be created and one of such steps is to change your mindset and believe system that one has concerning wealth because the fact is that true sustainable wealth is created via investment that returns profits on investment and has a great potential of growth over a given period of time

You can't become wealthy by only changing your mindset because you have to add actions to your change of mindset. Wealth is mostly created but when you aren't the one that created it, you would take it for granted and that's what happens when people inherit wealth. Wealth needs time hence you can't force your way to wealth or get it when it isn't your time to have it. Wealth comes after you have done lots of investing and dedicated time and resources.

You need to change your mindset to become wealthy and think more about investing instead of always spending. You too have to consider buying assets with every money that you have to secure your future and when you have gotten the wealth then you can buy some things that you want but for the beginning, you shouldn't throw away money acquiring liability that'll not be of any use in building you

I wouldn't want to say much, because everyone has different perspectives and speculatives about wealth and wealth creation.Wealth is created with equipped knowledge and interest for financial growth.Its a combination of  financial knowledge,laying an effective financial foundations,and applying discipline to every set goal and decision.Don't think it's easy,be patient, consistent and always consult financial advisor.

[martinex]

The last point is quite relevant I think because basically everything comes from the intention to be realized gradually and not all at once. of course we must have a dream to get there.

behind that Investment is not only with crypto but besides that there are many that can be used and used to get more other income. What is needed is to read the situation and adjust it to the area where we live. What does that mean? As long as there are still people, if what we make is good, people will come and buy it.

[junder]

Even if the wealth inherited from parents but is not managed properly will also run out, let alone seeking wealth in a life condition that is full of shortcomings like today. Mindset determines but also cannot be separated from the capital we have because investing with small capital takes a little longer. The view in seeing something must be based on the determination to improve life so that people will be more motivated to achieve success in finance.

Everyone has the same opportunity to achieve a better life but it depends a lot on one's ability to run. Most people understand how to do it but do not have the courage to start and that is the same and will never succeed in investing because thoughts and actions will go hand in hand to achieve it.

With what you said is true even though the wealth owned is inherited from parents then in the end it will run out too, so here money management is very important and must be mastered well when we already have wealth. The mindset that each person is different in seeking wealth is something that cannot be denied, but for some people who do understand their investment they will definitely invest with the knowledge they have.

Yes, everyone has the opportunity to achieve a better and more comfortable life but it depends on themselves including their mindset, because for example like many young people around me who persist with the mindset of being unemployed and lazy to look for work then maybe their life in the future will continue like that with no comfort obtained.

[Smartprofit]

In my opinion, investments alone cannot create capital (wealth). If you only have $10, you are unlikely to become rich by investing this amount.

In order to become an investor, you must first create seed capital. Seed capital is created through hired work or business.

At the same time, to receive a large income from hired work, you need to become a unique specialist with high qualifications. Otherwise, your salary will be completely spent on covering current expenses. And you will not be able to invest.

Also, to create a profitable business, you need to constantly develop your entrepreneurial skills. After all, many businesses go bankrupt at an early stage.

No body is saying that investment doesn't need capital to start because anything relating to investments is capital incentive so I agree with writer that you need to have a mindset that is investment based because any thing you become in life is a function of your mindset so even if you have billions at your possession and you don't have the right mindset in terms of your mentality you're not going to do anything with your money but someone with a right mindset can turn even the tiniest of money into wealth through investment

In my opinion, it is not that simple. If I want to get rich over time, then perhaps I need to start by getting a good education and a profession in demand. If I become a good, highly paid specialist, then I will have a constant positive cash flow. These funds can be used for investments.

At the same time, in the process of investing, it is not necessary to outpace market values ​​​​in terms of profitability. By investing in indices, you can achieve significant wealth if you have a constant income from work or business.

Ultimately, the annual income from investments is usually a maximum of tens of percent per annum. And in business, for example, the potential income is generally unlimited. Capital is usually not created on the stock or cryptocurrency market, capital is created in business or highly paid hired work.

As for investing, it is more reasonable to consider it as a means of preserving capital. With this approach, there will be fewer disappointments.

[Victorybit1]

The truth is that not everyone has an investive mind, people hope to get millions but the thing is if you don't have a plan those millions would get exhausted. The most important thing about becoming successful is wealth generation, if you don't have something that generates income for you on a constant basis then you cannot be wealthy. This is why you hear stories about people that used to be rich but suddenly went bankrupt, having a lot of money isn't enough, you must learn to have an investive mind. If you feel you lack ideas on things to do, you can go online and search for books to read about businesses.

[TheUltraElite]

The truth is that not everyone has an investive mind, people hope to get millions but the thing is if you don't have a plan those millions would get exhausted.

Having a good source of money starts the process. This comes from work or business that you start with your skills at first and then see the bigger picture or being able to build a business. You could be the quick flipping entrepreneur but ones who stick for the long with certain projects are the ones who are actually supporting that project.

So there is no single mindset to create wealth, but starting needs to happen with the person in question - their skills, their capital being put to use to begin the process.

[Su-asa]

Making up our mindset to become wealthy in live is the number one key of becoming successful but it doesn't end just in making up our mindset. Also need to act towards it. What I mean is, if you have the mindset to become wealthy and you are not making any steps to achieve your success goals you just end up imagine all day. However one need money to make more money and you also need take some certain risk to become wealthy. Haven't seen any generous person because successful unless by luck and after becoming successful, but those who make discussions and never go back to it and also take huge risk are the ones who becomes successful. Although some of them failed. Do it's important to pray for luck in anything you do. Don't just make up your mindsets to become wealthy but work for it after making up your mind.

[mirakal]

I would say that building wealth typically require smart investments and a positive mindset, one of which is understanding how to diversify assets in crypto, equity, bonds, real estate and other type of investments for risk management and steady growth. But I also believe timing, luck, and other outside factors can also has significant effect. Though it is true that mindset and strategy are important, we should not forget to be flexible in order to adapt to the economic conditions or emerging opportunities. Long term planning, combined with an understanding of short term economic and investment trends will most likely make all the difference.

Gaining wealth takes a long process as it cannot be acquired in an instant but on a long term saving, investing and even creating smart financial decisions. Yes, diversification of investments would be one of the keys but they should be done with a lot of patience and discipline. And most of all, focus and determination to achieve one’s goal in which having a positive and flexible mindset will pave way to help you realize your goal throughout the process.