Choosing the right path is necessary to achieve success.

[hafiztalha]

Op, Being rich is not easy for the person who want to be rich without damaging others because there are lot of people who became millionaire of the graves of many people and they are scammers. But one can become rich in life in 30 to 35 years and if we heard the person became rich in 2 to 3 years, that is because of scam . Portfolio income matters a lot of someone want to become rich because 50 percent of people of early only know the active income through which they are earning and they are eating and living life and they are paying bills and 40 percent of people only know two types of income, active and passive income and only 10 percent of people of earth know 3 types of income and only 1 percent from which only know how to invest in the businesses and in the Cryptocurrency.

[Alone055]

Op, Being rich is not easy for the person who want to be rich without damaging others because there are lot of people who became millionaire of the graves of many people and they are scammers. But one can become rich in life in 30 to 35 years and if we heard the person became rich in 2 to 3 years, that is because of scam .

That's not entirely true. Digital content creators are earning a lot of money these days, and this is the reason why every second person wants to become a content creator they know there is a lot of money in this industry. Someone who manages to get a good enough audience and enough views/interactions tends to earn hundreds of thousands of dollars each month. So, it's not that one cannot become rich within a few years, or one has to be over 30 to become rich. Only those who work all their lives and struggle in the initial stages might manage to succeed after they spend a lot of years in struggle.

Talking about scammers, let me tell you one thing; those who scam others will not become rich because of this, such people will always be in need for more money because the money they get by scamming others will vanish in thin air because it hasn't been earned honestly.

[passwordnow]

To become rich, portfolio income is the most important of these three types of income. I think this income is the most important for those who want to become wealthy.

Do not neglect the others because everyone who has a good portfolio now, started with their active income or got their money first from their salaries. While I agree that portfolio is really bumping someone's finances if the stocks or the cryptos that have been invested are also doing well. But all of them are important. If the portfolio is doing well and let it be while the passive and the active income can pay your bills, your portfolio is going to buy your dreams.

That is why I always advise people to be consistent in anything they do, because it is the only way to be successful in life.

This is the strategy and we are always talking about this, right? it's about being consistent in accumulation. The known and great DCA, the best strategy of all time whether you invest in Bitcoin or even in the stocks.

[HelliumZ]

For those who are big entrepreneurs, it is not a problem to succeed later on, but for those who are just starting out, it is extremely difficult to succeed. Now if we talk about Elon Mask then it can be easily understood that we do not have the amount of capital that he initially started the business with, it must have been from his ancestors especially from his father. My father doesn't have any capital to start a business, so no matter what I want or plan, if I don't get any ancestral property, it will be very difficult for me to start a business.

[Just Say]

For those who are big entrepreneurs, it is not a problem to succeed later on, but for those who are just starting out, it is extremely difficult to succeed. Now if we talk about Elon Mask then it can be easily understood that we do not have the amount of capital that he initially started the business with, it must have been from his ancestors especially from his father. My father doesn't have any capital to start a business, so no matter what I want or plan, if I don't get any ancestral property, it will be very difficult for me to start a business.

It is not very difficult for those who are big entrepreneurs to succeed but I think it is very difficult for those who are new entrepreneurs to succeed. First of all new entrepreneurs do not have experience and even they do not have enough capital so they are not able to achieve success very easily even if they want to. You mentioned Elon Musk here, he is actually a very rich man right now, but when he first started his business he probably started with a small money. He borrowed money from a few people and started his business with that money, and later he became successful. A look at Elon Musk's tweets reveals how he became a businessman.

[maydna]

The first thing, we must have active income to fills our daily needs and saving some money for our future. When our saving grow, we can thinks to search for the passive income to saving more money for future. When we can have more money from additional income, we can use some parts for having more investment which will helps us to increase our investment portfolio.

So portfolio income will increase our wealth in the future. But that will not easy as it said because we must have a plan that will helps us to achieves our goals one by one.

[Judith87403]

I think most of us who aim for success in life have to start from scratch.

If we weren’t born into wealth, we can begin by earning active income, over time, once we’ve saved enough to start a business, we can transition to managing our own venture. of course, it’s still technically active income, but the difference is you’re no longer living paycheck to paycheck since you’re in control of your business. As it grows, you’ll eventually reach a point where you don’t need to work actively anymore, but you’ll continue earning significant profits from the business.

People not born into wealth typically have similar plans or path to success. First get a good job that would allow you to not only get comfortable in life by allowing you to pay bills easily but also allow you to save some money. This saved money will be then used to like you said establish a business. But the thing is some people do not want to quit and focus on the business they want to keep actively working while having a business on the side. Here is where passive incomes come in handy. Passive source of income allows one to not actively focus on the business but profit still comes in. Best example of this is rental property. That would be the ideal situation of any breadwinner, actually.

You're right rental property is among one of  the  best investment/ business idea  so far, because this investment isn't going to profit you alone but will also profit your children and also your grand children having a rental property is a very good asset of course this is highly recommended. more especially when you build it very large, So that it will contain alot of people let's say 5 bedroom and 4selfcontain  you will see how much you will be making from there in a Year. this is the business that most people have been doing to achieve success, trust me if you can be able to build a rental property I can assure you that you have just choosing the right path to achieve success in life.

[Yablee0]

We all dream of becoming rich in our lives, but some can become rich, while most fail. We all try, but some are on the right track and some are outside of the track. For those who try outside the track, it is definitely impossible to achieve that goal.

Being successful do not really matter what choice of income you choose.

You  can be in the line of active income  and still not be successful, likewise passive and portfolio income.
It all depends on were your grace  falls.

Have seen someone  I mean a friend that earn through active income yet become very wealthy why other can fail.
.

[Muba20]

Op, Being rich is not easy for the person who want to be rich without damaging others because there are lot of people who became millionaire of the graves of many people and they are scammers. But one can become rich in life in 30 to 35 years and if we heard the person became rich in 2 to 3 years, that is because of scam . Portfolio income matters a lot of someone want to become rich because 50 percent of people of early only know the active income through which they are earning and they are eating and living life and they are paying bills and 40 percent of people only know two types of income, active and passive income and only 10 percent of people of earth know 3 types of income and only 1 percent from which only know how to invest in the businesses and in the Cryptocurrency.

Certainly, someone who has no money or who has just been living without saving money from his active income will never be able to bring change in his life. If a person wants to change himself in the financial world, he must save money from his regular income and invest with that money. In most cases, the picture we see is that people keep some money from their income for saving and they only want to accumulate that money. But if they do not deposit that money for a long time and invest their accumulated assets, then they can earn more from their investment than savings. There will be risks in investment, but if there is no ability to take a little risk, then it will not be possible to improve their financial situation. Just remember no one change our financial situation, I have to take the decision myself.

[fullhdpixel]

Whatever type of income you think you need, we should strive to have a stable income. And a stable income comes from having a real job or running a real business. Without these other types of income are almost guaranteed not to flow in. The stable income is the one that makes it possible to save to start or learn a side hustle. It is also the one that makes it possible for you to have some money for investment. Do no kid yourself, a steady income is a lifesaver. It make not make you rich in the short term but it is sure to make you rich eventually.

If we can have both then why choose only one, when both of it can provide us a more income, hehe. A job is where we can get a stable income is already stated as one of its example. Active income is where we can get an immediate but smaller amounts of money and passive income can only act as back up but it also maximizes our money.

A business can be a passive income too but there is more risk on it, so I won't be confident and say that we can get a stable income here. Not all stable income are good enough in order for us to do those things that you listed there unfortunately. This is one of the common problems of us people on why we can't advanced further. It is like we are now stuck or doomed.

[dunfida]

Op, Being rich is not easy for the person who want to be rich without damaging others because there are lot of people who became millionaire of the graves of many people and they are scammers. But one can become rich in life in 30 to 35 years and if we heard the person became rich in 2 to 3 years, that is because of scam . Portfolio income matters a lot of someone want to become rich because 50 percent of people of early only know the active income through which they are earning and they are eating and living life and they are paying bills and 40 percent of people only know two types of income, active and passive income and only 10 percent of people of earth know 3 types of income and only 1 percent from which only know how to invest in the businesses and in the Cryptocurrency.

Certainly, someone who has no money or who has just been living without saving money from his active income will never be able to bring change in his life. If a person wants to change himself in the financial world, he must save money from his regular income and invest with that money. In most cases, the picture we see is that people keep some money from their income for saving and they only want to accumulate that money. But if they do not deposit that money for a long time and invest their accumulated assets, then they can earn more from their investment than savings. There will be risks in investment, but if there is no ability to take a little risk, then it will not be possible to improve their financial situation. Just remember no one change our financial situation, I have to take the decision myself.

Success isnt something that you cant be able to achieve if you wont really be doing something. If you are really just that not doing something then you will really be ending up on having that no progress in life on which this isnt shocking or new. You wont be able to have that kind of progress if you wont be having that kind action and mentality. Somehow you cant really just that doing some actions on which doesnt have that proper planning and also not all plans or actions will really be having that success when it comes to outcomes and thats why its really that important that you do set up back up plans because not all plans or analysis will really be having that the sure positive results.
Therefore, you do really need up to make out adjustments when that happens. Some people do really that easily give up but there are those who do able to sustain.

Choosing the right path then this is something that you will be able to needing up to find out because not on first try will really be that totally hitting up the right spot.
Not all will really be having that direct success and also this not will be that achieving in a short span of time and thats why you shouldnt be rushing up because this is where people do really have that huge mistake when it comes into this matter. Its important that you do really know on what you are planning and having the actions that you are really that making have that kind of back up plans whenever things becomes shit.

[UTON Blockchain]

Of course, that's a great saying。 but the sad thing is that most people can't seem to find the so-called 'right path.' Who even gets to define what the 'right path' is? If we're just judging it by how much money someone has, then this world would be pretty boring. If you think of it like a movie, stumbling along on the wrong path is way more interesting to watch than cruising smoothly down the 'right' one

[Oluwa-btc]

Active and passive income cannot make you very rich, but if you focus on portfolio income by accumulating assets from your investments, then you will be able to benefit the most and be able to achieve your goals. Many people think that they can become rich only by accumulating money without investment. I just know your thoughts by which type of income one can be rich man.

It depends on your definition of being rich. Active income can make one rich if it is a high paying job and the individual has a good saving habit. There are people who earn thousands of dollars monthly and with that they can become rich if they are prudent in spending.

However, investments are the best means of building a lasting and sustainable financial flow. One can be sacked or retire from a high paying job which will cut the revenue flow. That is why it is important not to depend on your job income and always seek ways to invest your savings in profitable ventures.

I totally agree with you but People have got different perspectives on what and how wealth creation becomes a priority for them,and you know you can't force your beliefs and mindsets on anyone.Wealth creation comes in different ways and methods but Now the question is how do you know the right path to success for you?What do I need to attain success and what can I do to achieve success.Have you been able to ponder on that question,if yes then start the recovery process to achieving your goals/success.

[Oluwa-btc]

Active and passive income cannot make you very rich, but if you focus on portfolio income by accumulating assets from your investments, then you will be able to benefit the most and be able to achieve your goals. Many people think that they can become rich only by accumulating money without investment. I just know your thoughts by which type of income one can be rich man.

I get all the facts you have pointed out here, they are great points but I want to lay out my opinion on this and I believe this is what is required, possibly things have been going on same way each time, don't you think if it should be done in the other way round people will definitely achieve success this way, so having checked on all of the points that I think is required in the journey of success let's look at the passive income where you work to earn and then active income as well as and then portfolio, at this junction one would have made lots of money to be able to invest and get that wealth they ever wanted, so we should sink deep into this pattern.

[milewilda]

Active and passive income cannot make you very rich, but if you focus on portfolio income by accumulating assets from your investments, then you will be able to benefit the most and be able to achieve your goals. Many people think that they can become rich only by accumulating money without investment. I just know your thoughts by which type of income one can be rich man.

It depends on your definition of being rich. Active income can make one rich if it is a high paying job and the individual has a good saving habit. There are people who earn thousands of dollars monthly and with that they can become rich if they are prudent in spending.

However, investments are the best means of building a lasting and sustainable financial flow. One can be sacked or retire from a high paying job which will cut the revenue flow. That is why it is important not to depend on your job income and always seek ways to invest your savings in profitable ventures.

I totally agree with you but People have got different perspectives on what and how wealth creation becomes a priority for them,and you know you can't force your beliefs and mindsets on anyone.Wealth creation comes in different ways and methods but Now the question is how do you know the right path to success for you?What do I need to attain success and what can I do to achieve success.Have you been able to ponder on that question,if yes then start the recovery process to achieving your goals/success.

Success isnt something that you will be able to achieve or able to reach out on a short period of time and also its not a guaranteed thing for it to happen because we do know that not all business or investment for a certain person to deal on with will really be ending up on success on which there are still who do failed out and ending up on giving up because no matter how hard they do then do still lose money and thats why some people will really be finding out other paths because not everything that you do make out such engagement will be ending up on having success, but it doesnt mean that you will really be not trying out your best on succeeding because you cant be able to achieves success without experiencing up these problems. The thing here is you do really need up to sustain and able to survive because success is the pinnacle of everything on which at the moment that you do have tons of income sources on which this one pertains about tons of passive income then this is where you will be considering yourself that successful. You wont be able to make yourself that having such progress at the moment or time that you arent doing something. It will be always recommended that you do really be needing up to have such actions so that you will be having that kind of consideration on taking up such action on that case. So it will be that always better to have such approach.

[Botnake]

The most secured way to get rich is to combine all of these types of income. If you can get an active source of income, later on a passive income, and eventually a portfolio income, then you are maximizing the potentials of creating wealth in the future. The key here is consistency and patience. Know that there’s no need to rush into creating wealth and making you rich in the process. As long as you always stick to your plans and goals, and actively perform your plans, getting rich is always secured in the end.

[Fiatless]

The actions of this convicted felon will push the world toward more dedollarisation and solidification of the New World Order, something that was already happening and even the genocide criminal Blinken recently confessed when he said something along the lines of US is no longer the unipolar power.

It already happening. The world is getting set for the tenure of Donald Trump and many nations are seeking options for the dollars. Nigeria has just been admitted as a partner country of the multinational Brics bloc.

But Trump's radical statements and possible actions to match those statements will hasten that move across the globe. Not to mention that it has the potential of increasing the inflation and recession inside the colony itself like it did in his past presidency.
Another outcome of all this is more isolation of USA as he will keep pushing everyone away by showing the true faces of the US regime as a colonizing regime.

It is becoming clear that Trump is just making political statements. America might go through serious economic problems if he implements most of his campaign promises. He is already acting friendly to China and Russia. He gave TikTok a lifeline and wants to negotiate with Russia. He would still change more of his campaign promises.

[justdimin]

For those who are big entrepreneurs, it is not a problem to succeed later on, but for those who are just starting out, it is extremely difficult to succeed. Now if we talk about Elon Mask then it can be easily understood that we do not have the amount of capital that he initially started the business with, it must have been from his ancestors especially from his father. My father doesn't have any capital to start a business, so no matter what I want or plan, if I don't get any ancestral property, it will be very difficult for me to start a business.

It is not very difficult for those who are big entrepreneurs to succeed but I think it is very difficult for those who are new entrepreneurs to succeed. First of all new entrepreneurs do not have experience and even they do not have enough capital so they are not able to achieve success very easily even if they want to. You mentioned Elon Musk here, he is actually a very rich man right now, but when he first started his business he probably started with a small money. He borrowed money from a few people and started his business with that money, and later he became successful. A look at Elon Musk's tweets reveals how he became a businessman.

The part that many of these people missing, is not that it's the money that they take which makes them famous, and to be fair there are many kids of rich parents who do not grow up to be Elon Musk or Jeff Bezos neither, but for some "coincidence" every single rich people in the top forbe's list, had a rich parent, you think that's just sheer luck?

First of all, they do get the money, even if not for investment, it's definitely for how they were raised, Elon Musk became who he is, because he wasn't growing up in a welfare home, not like he was raised by a single mother and never had a proper dinner type of life, he was grown to be a rich person and that's how he became who he is. Secondly, the network, when you have rich parents, you end up with a rich network around you, even if it's just other rich parent kids, and that would allow them to make a lot more money because it would be similar mindset people and the results would be a lot better without a doubt.

[edy_58]

Op, Being rich is not easy for the person who want to be rich without damaging others because there are lot of people who became millionaire of the graves of many people and they are scammers. But one can become rich in life in 30 to 35 years and if we heard the person became rich in 2 to 3 years, that is because of scam . Portfolio income matters a lot of someone want to become rich because 50 percent of people of early only know the active income through which they are earning and they are eating and living life and they are paying bills and 40 percent of people only know two types of income, active and passive income and only 10 percent of people of earth know 3 types of income and only 1 percent from which only know how to invest in the businesses and in the Cryptocurrency.

Certainly, someone who has no money or who has just been living without saving money from his active income will never be able to bring change in his life. If a person wants to change himself in the financial world, he must save money from his regular income and invest with that money. In most cases, the picture we see is that people keep some money from their income for saving and they only want to accumulate that money. But if they do not deposit that money for a long time and invest their accumulated assets, then they can earn more from their investment than savings. There will be risks in investment, but if there is no ability to take a little risk, then it will not be possible to improve their financial situation. Just remember no one change our financial situation, I have to take the decision myself.

Saving some of our income and then investing will indeed be able to make a change if the investment that is run can run well, but before choosing to invest from the savings that we have, it is better for us to understand the potential risks that we will face because without understanding it well, of course we only waste the savings that we have and also do not make any changes to the life that we live. Yes, we must be able to make our own decisions so that we can change our lives for the better in the future and most importantly we have considered the decisions we make well so that we do not regret them after making the decision.

[Yucky]

True, there is no one-size-fits-all approach to making money. While is it good to have a portfolio source of income, so you're sleeping, but your investments  are working and making money for you. But you all have to start somewhere, you can't just fly to portfolio income.

Start with an active source of income, diversify to passive source of income, and then portfolio source of income. It's one step at a time. Even Elon Musk, Jeff Bezos, and Mark Zuckerberg, the people we all look up to started from somewhere, from scratch, with little to nothing before they started growing.

Some worked under somebody, earned monthly salaries, before they diversified. So, yes, these three sources of income,  active, passive, and portfolio are what I feel we should all aim towards. But we should start from one, which most times is active, because you have to work to get your money.

Even if it's your personal business, you have to take care of daily necessities while you work on investing the rest.