Investment mindset key in creating wealth

[reefsea]

As I read on some social media where someone who succeeded in becoming a millionaire because he focused on what he did.

For example, they focus on investment, then they have extraordinary patience in running their investment, even their target can reach tens of years or 30 years. That is what is called focus will bring them rich.

However, some people get lucky where currently there are many on social media that we notice they can change their fate quickly and maybe it's just luck.

[sana54210]

The "mindset" of just trying to go to sleep every single day, richer than you woke up that day, is the thing that makes the people richer. They "do" something, they are always out to look for something, they always want to make as much money as possible. They do not worry about any possible downfalls, they do not worry about bankruptcy, they do not worry about what could go wrong.

I mean they do plan ahead for it, doesn't mean they do not care, they just take that risk that's it. Whereas, people like me, who are worried about all of this, just wonder around and not really care about the risks and we just avoid them. I am too worried, and I can't afford to bankrupt. I am already in so much debt, I can't ignore it at the moment.

[Mame89]

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

True. To achieve wealth, you must be willing to try. Don't just surrender to fate. Just wait and do nothing, 10 years from now it will be the same. Then complain that God is unfair, because sustenance has been prepared and God wants to give it but we just keep quiet. Where do we get sustenance from. The bait, if there is rain from the sky but it is golden rain, if we don't try to lift the bucket to try to catch the golden rain, you won't get the golden rain. So is it with the lottery? if we don't buy a lottery ticket, we won't win the lottery. The point is that all of that must be two-way, not just one side.

Likewise, to achieve wealth or achieve financial freedom in the future, we must try far in advance and must prepare ourselves as early as possible. To achieve financial freedom, of course with bitcoin investment, because the most reasonable industry that we can enter right now to build wealth, because other wealth such as black gold or oil we are not yet capable of.

[BigBos]

As I read on some social media where someone who succeeded in becoming a millionaire because he focused on what he did.

For example, they focus on investment, then they have extraordinary patience in running their investment, even their target can reach tens of years or 30 years. That is what is called focus will bring them rich.

However, some people get lucky where currently there are many on social media that we notice they can change their fate quickly and maybe it's just luck.

Focusing on one thing if it is still being built in my opinion is better than having several things that will eventually divide our focus. I am not saying that we should not have many businesses or whatever, but it is better to finish something that we are building first. For example, investing, we can invest together with trading, but when we are not ready financially, it is better to focus on one thing first, investment for example. Likewise in business in the real world, we must be able to succeed with one business before we build another business.

[_BlackStar]

-snip-

Focusing on one thing if it is still being built in my opinion is better than having several things that will eventually divide our focus. I am not saying that we should not have many businesses or whatever, but it is better to finish something that we are building first. For example, investing, we can invest together with trading, but when we are not ready financially, it is better to focus on one thing first, investment for example. Likewise in business in the real world, we must be able to succeed with one business before we build another business.

Of course - it is not recommended to try to expand your business when you are not fully successful with your main business. You can invest while trading or vice versa - but in the real world you never do it at the same time. If your main business is not fully developed and everything is not under control - then you are never safe to open a second business. Of course there is nothing wrong in trying - but usually, business expansion requires quite a lot of budget and time.

I can say that you can invest while trading - of course because the budget of both must be different. You just trade with a different amount of money than the investment budget - and vice versa. Investment is your way to expect return in the long term - while trading expects return in the short term.

[ShowOff]

As I read on some social media where someone who succeeded in becoming a millionaire because he focused on what he did.

For example, they focus on investment, then they have extraordinary patience in running their investment, even their target can reach tens of years or 30 years. That is what is called focus will bring them rich.

However, some people get lucky where currently there are many on social media that we notice they can change their fate quickly and maybe it's just luck.

Those who succeed in getting rich from social media are also very focused on what they do, just like those who pursue other real businesses, they are consistent and patient in the process. However, if someone is able to offer something different and get a lot of attention from social media users, in a short time they can earn a lot of income instantly. For other things, I think it's no different, the time spent on becoming a content creator for example is the same as an investment.

In general, there is no easy way to get rich, except for those who inherit wealth, connections and social influence from their parents. There will always be challenges that hinder the struggle, especially for those who are struggling from the beginning, who do not have complete support facilities from the people around them.

[Zadicar]

As I read on some social media where someone who succeeded in becoming a millionaire because he focused on what he did.

For example, they focus on investment, then they have extraordinary patience in running their investment, even their target can reach tens of years or 30 years. That is what is called focus will bring them rich.

However, some people get lucky where currently there are many on social media that we notice they can change their fate quickly and maybe it's just luck.

Focusing on one thing if it is still being built in my opinion is better than having several things that will eventually divide our focus. I am not saying that we should not have many businesses or whatever, but it is better to finish something that we are building first. For example, investing, we can invest together with trading, but when we are not ready financially, it is better to focus on one thing first, investment for example. Likewise in business in the real world, we must be able to succeed with one business before we build another business.

True, this is what im doing on which im not really that making myself trying out to grasps on everything or multiple things even if it shows that potential that it could give out that kind of advantage. I do rather prefer on making myself having that expertise rather than on trying to involve with tons of things then ending up on failure just because you cant be able to have a good grasps just because of multiple dealings.I would really be rather focusing on a single point and be able to see up that kind of progress on which you can be able to make yourself that trying out to handle and make yourself even way more better. Investing or doing up business is the key for someone to reach out success. Although its not something that gives out guarantee but at least you do really know that there's always that probability that it could push through. It is really just that you've been that hurrying up sometimes on which it will really be causing up that much wrong decisions.

[ITExpert]

Creating wealth is definitely one of the most difficult things in the world. To create wealth, a person has to acquire skills in various areas. I have seen many people who waste their acquired wealth to run their daily lives. They are not careful in maintaining their wealth. Those people do not always have wealth in the long term. There were many people who were wealthy at one time but later lost their wealth. In creating wealth, various steps have to be taken including time dedication and being a hard worker. It takes a long time to build wealth. In the beginning, there will be various obstacles in creating it, but if someone tries to fulfill his goal with patience during that time, he will definitely succeed. If a person is an investor in creating this wealth, then he will definitely succeed at some point. This is never easy to achieve if he is not wealthy through inheritance.

We can create wealth either by investment or by a 9 am to 5 pm job. But the difference in both types of people is their mindset, which makes them earn and live better. A person with an investment mindset will earn and live his life better than a person at a job. An investment mindset encourages a long-term focus and disciplined decision-making. A businessman invests his money to build wealth because he knows if he takes risks, one day he will earn better than his losses. An investment mindset includes taking risks, and understanding the market and different portfolios to maximize returns while managing risk. An investment mindset helps a person to overcome the fear of small losses because he focuses on his destination to build wealth. This mindset will make an investor make smarter choices. With proper focus and discipline, an investment mindset enables individuals to make different ways of passive income and ultimately achieve financial independence. It is our choice how we choose to live our life.

[Smartvirus]

Focusing on one thing if it is still being built in my opinion is better than having several things that will eventually divide our focus. I am not saying that we should not have many businesses or whatever, but it is better to finish something that we are building first. For example, investing, we can invest together with trading, but when we are not ready financially, it is better to focus on one thing first, investment for example. Likewise in business in the real world, we must be able to succeed with one business before we build another business.

It all relies on the word “IF”

If you’ve got resource or at least the ability to manage people, you can have several engagements and still be okay. It doesn’t necessarily means that you get to run it all, life isn’t often about sole management of the projects you establish.

Let it be known that having several investments doesn’t mean it would crumble and one successful business could be a means to supporting a business that isn’t doing so great. When you eventually get something going good, it’s important to expand or diversify into something different.

[TheUltraElite]

We can create wealth either by investment or by a 9 am to 5 pm job.

Usually it is a job that leads to the initial capital worthy enough to start an investment. It does not mean that no bootstrapped investments are not possible but they are less and usually smaller in capital. Once your daily needs are solved then you think of investments.

With proper focus and discipline, an investment mindset enables individuals to make different ways of passive income and ultimately achieve financial independence. It is our choice how we choose to live our life.

I dont think there is such a clear cut division between who is an investor and who is a trader or a day worker. People can be all three at the same time or none at all.

The only thing that matters is the end result here. If you are working and getting a good salary enough to save up and invest good for you.

[boyptc]

The only thing that matters is the end result here. If you are working and getting a good salary enough to save up and invest good for you.

This is a very fine situation for those that are living the best of their lives. But not everyone is living this kind of life.

But to those that are into this situation, they are on advantage and they are free to invest with a portion of their salary.

So, keeping and saving for their wealth and living the life they have. This is the kind of life we all want to live.