without investments would there be wealthy?

[SmartGold01]

I wouldn't want to create a very lengthy topic to post as I don't see any reason for doing so..
So I was thinking something tonight that everyone or anyone who succeeded or becoming wealthy today do they really succeed through investments?

If yes, then how many people around you becoming wealthy through investments?

In my opinion, the majority of people who were successful today started from personal skill or self development, after which before they started investments.

What Is your thoughts over this?

Investing is not primarily to become wealthy. It's just being wise with your money and securing your financial status in the future. You can't work and earn money for your whole life, you will need to invest your money on some asset that grows value over time so you can enjoy your life after you retired without relying to anyone.

You also wouldn't want your next generation to experience your struggles before so you make sure you have something to leave or inherit for your loved ones.

Wealth do not just come from investing, however,it's also worth noting that not all investing creates wealths.Investment fuels financial growth that I know very well.And it's important to consider that risks and timing matters in the long run to building wealth through investment.Even so, investment can yeild more returns over time , though with more risks.

Of course not all investments yield profits or leads someone to becoming that successful, but there must be something workable to make someone remain that prosperous in their life and after which they may decide to certainly have investments around them and any other places of their choice. In life, there is always a starting place and points where they would be that expanding their life and their success to other places, for instance; those who have businesses out there may decide to expand their brands and product this also helps in creating wealth so quickly.

[Onyeeze]

It's not everyone that invested that succeed through investment, so I think it should be what we are supposed to know because people who are successful today it doesn't mean that got it from investment, we need to understand such that investment is something we do to support life but doesn't necessarily mean that it give 100% right to make riches, because many people have failed because of investment and by investing wrongly, so for me investment is not the only avenue or source to be rich.

[GiftedMAN]

It's not everyone that invested that succeed through investment, so I think it should be what we are supposed to know because people who are successful today it doesn't mean that got it from investment, we need to understand such that investment is something we do to support life but doesn't necessarily mean that it give 100% right to make riches, because many people have failed because of investment and by investing wrongly, so for me investment is not the only avenue or source to be rich.

Basically your point is that not all investment makes someone wealthy but I think in the area where you are not making it after your investment just know that you ventured into wrong investment because that's the only way you don't become wealthy after investing your money.

Investment covers a lot of things and it's all over everything that involves buying and selling since you put in money and get your returns, investment may not be the only way to become wealthy but it is one of the best ways of escaping poverty.

[DaNNy001]

Wealth do not just come from investment alone. You can be wealthy from your high-paid salary, hereditary assets, or even gambling winnings as it will literally make you rich instantly. But the question is, how long can you keep your investment and make it grow? While some just use it without useful purposes, others are smart enough to develop another wealth from their first wealth, those are the people that know actually the real value of their wealth and how much potentials they will be able to produce in the long run.

Speaking of becoming wealthy through gambling wins, remember that this isn't a constant flow of income.. someone can win thousands of dollars from gambling but that doesn't mean that the person is wealthy yet.. winnings are temporal and if they are not invested into something that can generate more money then after a while you are going to fall back right where you started from.

[Ullaa]

What Is your thoughts over this?

Most people I’ve seen or read about usually establish something first like a business a brand, or a skill. Then when they have extra money they move into investments to grow it. Investments can multiply wealth but they’re not always the beginning point.
Around me I don't know many people who got rich purely from investing without having something else going on beforehand.  So yeah self development absolutely seems like the initial step in most circumstances.

[mich]

Yes I do think there can be wealthy people that does not invest. If some one does have a job that does pay high well then they do not need to invest their capital.

I do think alot of wealthy people like Billionaires do have a investment. It can be in stock markets, metals, or cryptocurrencies. But I do think if a person does work so hard then they can be very rich and not need to invest.

[harapan]

If yes, then how many people around you becoming wealthy through investments?

In my opinion, the majority of people who were successful today started from personal skill or self development, after which before they started investments.

What Is your thoughts over this?

Certainly yes without investment there would be wealth creation, this is because in the society today there are so many things that one can do to generate money as well as wealth, though history may have it that most wealth are created from long term investment but right now alot has changed over time and I'll say it's just few person's that I'll say has made it through investment  so the rate of others that are wealthy we're generated from other means.

[Etranger]

Yes I do think there can be wealthy people that does not invest. If some one does have a job that does pay high well then they do not need to invest their capital.

I do think alot of wealthy people like Billionaires do have a investment. It can be in stock markets, metals, or cryptocurrencies. But I do think if a person does work so hard then they can be very rich and not need to invest.

No matter how high your salary is, it will still be affected by inflation and the devaluation of money. Investments aren’t always just about growing your capital — they’re also about preserving it. Simply saving money from your salary isn’t enough; you need tools that are more reliable when it comes to outpacing inflation. And that’s exactly what investments are.

[fuguebtc]

It's not everyone that invested that succeed through investment, so I think it should be what we are supposed to know because people who are successful today it doesn't mean that got it from investment, we need to understand such that investment is something we do to support life but doesn't necessarily mean that it give 100% right to make riches, because many people have failed because of investment and by investing wrongly, so for me investment is not the only avenue or source to be rich.

Basically your point is that not all investment makes someone wealthy but I think in the area where you are not making it after your investment just know that you ventured into wrong investment because that's the only way you don't become wealthy after investing your money.

Investment covers a lot of things and it's all over everything that involves buying and selling since you put in money and get your returns, investment may not be the only way to become wealthy but it is one of the best ways of escaping poverty.

It depends, if you don't have any skills, ideas or abilities to grow your own business. You rely solely on the income from your 9-5 job, investing can be the best way to get you out of poverty. On the contrary, if you have skills, extensive knowledge or can build a business, you do not need to depend on investment and consider it as the only way to get rich.

But it must be admitted that the idea of ​​getting rich from investing is gradually becoming popular in recent years and the trend of investing in cryptocurrencies, stocks, and foreign exchange is increasing in the world, especially among young people. But this is understandable because with the development of technology today, young people are increasingly lazy, preferring easy and high-paying jobs or wanting to get rich quickly...

[Synchronice]

I wouldn't want to create a very lengthy topic to post as I don't see any reason for doing so..
So I was thinking something tonight that everyone or anyone who succeeded or becoming wealthy today do they really succeed through investments?

If yes, then how many people around you becoming wealthy through investments?

In my opinion, the majority of people who were successful today started from personal skill or self development, after which before they started investments.

What Is your thoughts over this?

Those who bought stocks a few decades ago or those who bought Bitcoin or some altcoins years ago, they would become wealthy by investment but today is not the time to become wealthy by investment. Today things are much different. To my mind, in order to become wealthy today, you have to be able to gain attention. For example, look at Instagram influencers, especially in fitness and beauty, they earn tons of money. They easily become famous, then companies pay them thousands of dollars just to post something about a partner company, then they also find investors and create their own GYM or supplement brand or drink brand and with their followers, they are able to massively promote and sell the product through their own Instagram and TikTok channels. That's how money is made today.

[Findingnemo]

Let's remove the top 1% from the equation who all are rich mostly due to a brand or company they created now come back to middle class and I am talking about wider scale not one or few in particular, their hopes are on savings and investments for their retirement so yeah investments makes people rich or atleast stable when they can't make anymore. But there's no compulsion that you should only be an investor, it's not even that hard, just keep working and spend a gery little time to plan your investment.

[Swordsoffreedom]

Those who bought stocks a few decades ago or those who bought Bitcoin or some altcoins years ago, they would become wealthy by investment but today is not the time to become wealthy by investment. Today things are much different. To my mind, in order to become wealthy today, you have to be able to gain attention. For example, look at Instagram influencers, especially in fitness and beauty, they earn tons of money. They easily become famous, then companies pay them thousands of dollars just to post something about a partner company, then they also find investors and create their own GYM or supplement brand or drink brand and with their followers, they are able to massively promote and sell the product through their own Instagram and TikTok channels. That's how money is made today.

I agree with you that things have become different as there are more ways to make money and get rich these days than just focusing on business and investing like  before. But it would be wrong to say that investing can no longer bring us wealth. The world is constantly developing, many professions and fields are born, in which technology is the top priority field . That means there will be more startups, projects, ideas similar to Apple, Tesla being created...or the crypto market is gradually maturing and will create more breakthroughs .  From there, it will certainly create a lot of potential investment opportunities.

Investing is still an option ,  a good way to get rich these days.

[Mate2237]

Those who bought stocks a few decades ago or those who bought Bitcoin or some altcoins years ago, they would become wealthy by investment but today is not the time to become wealthy by investment. Today things are much different. To my mind, in order to become wealthy today, you have to be able to gain attention. For example, look at Instagram influencers, especially in fitness and beauty, they earn tons of money. They easily become famous, then companies pay them thousands of dollars just to post something about a partner company, then they also find investors and create their own GYM or supplement brand or drink brand and with their followers, they are able to massively promote and sell the product through their own Instagram and TikTok channels. That's how money is made today.

I agree with you that things have become different as there are more ways to make money and get rich these days than just focusing on business and investing like  before. But it would be wrong to say that investing can no longer bring us wealth. The world is constantly developing, many professions and fields are born, in which technology is the top priority field . That means there will be more startups, projects, ideas similar to Apple, Tesla being created...or the crypto market is gradually maturing and will create more breakthroughs .  From there, it will certainly create a lot of potential investment opportunities.

Investing is still an option ,  a good way to get rich these days.

investment is still the best option for anyone who is serious about making money in the future yes it's true that with the way technology has taken over the world there are lot of opportunities that has been created that people can go into but wealth is one thing that is not easy to come by wealth can only be acquired via a sustainable investment plan


One thing that we need to know is that there is difference between wealth and riches you can only make money to the point of having riches not investment because true wealth comes from only making investments

[Solosanz]

If you work and you only save, you will be poor.
If you work, you save and you invest, you will not become poor.
If you work, you save, you invest and you have a business, you have an opportunity to become rich.

It's about business, check the rich people in the world or in your countries, most of them have a business. Investing doesn't make you rich, at the same time it's prevent you from getting poor, that's why most people are in middle class.

[passwordnow]

But it would be wrong to say that investing can no longer bring us wealth. The world is constantly developing, many professions and fields are born, in which technology is the top priority field . That means there will be more startups, projects, ideas similar to Apple, Tesla being created...or the crypto market is gradually maturing and will create more breakthroughs .  From there, it will certainly create a lot of potential investment opportunities.

It varies to the experience of people that have made investments and they just lost their money on it. They've made wrong investments and if they're telling that investing won't bring us wealth anymore, that's because that's what they think based on how they've made the wrong choices. But we all will agree that investing can make someone wealthy. Aside from the example you've given, there are also employees that are given the stock-option on top of their salary. One perfect example are the NVIDIA employees.

Investing is still an option ,  a good way to get rich these days.

The proven strategy by most people that are wealthy today. Even the current top wealthies people, majority of their riches came from their investments.

[GigaBit]

One cannot be successful without investment. Before investing, a person must go through a stage where in order to be successful, that person must develop his skills and experience. When a person is able to increase his skills at the initial level, he can prepare himself for investment. Investing without these skills and development will increase the chances of losing.

If a person wants to invest, he has to save money, and to save that money, he must be involved in some work. If he has skills, then he will be able to save money through that work, as well as be able to create both knowledge and money to invest. In investment, you cannot profit only with money. If you lack knowledge related to investment, there is a possibility of losing more from investment. If someone wants to enrich himself financially after gaining knowledge and experience, then there is no alternative to investment.

[shield132]

I wouldn't want to create a very lengthy topic to post as I don't see any reason for doing so..
So I was thinking something tonight that everyone or anyone who succeeded or becoming wealthy today do they really succeed through investments?

If yes, then how many people around you becoming wealthy through investments?

In my opinion, the majority of people who were successful today started from personal skill or self development, after which before they started investments.

What Is your thoughts over this?

Most people who succeeded or became wealthy made it through investment or illegal activities. There are some lucky and smart people who bought Bitcoins in the early years when the price of Bitcoin was few cents or few dollars.
Btw the experience of becoming wealthy is different from country to country. I've heard that in ex-Soviet countries, people became rich by doing criminal activities, robbing the government, thanks to communism and doing some other bad things. In developed countries, I think that most of them became wealthy through innovations and using the opportunities to start a good business in the innovative niche, like the internet.

[Pablo-wood]

Investment can guarantee wealth the only limitations is that it requires patience and endurance. Most people who made wealth through investment got theirs on a long term investment plan. The others who made quick wealth manipulated a system or engaged in fraud and all.

As for skills it also takes time too. Wealth is a guarantee if only we can be patient with the monetisation of our skills or the maturation of our investment. No good and genuine wealth comes too quick. There must always be that period of waiting.

[indah rezqi]

~~ Snip ~~

Most people who succeeded or became wealthy made it through investment or illegal activities. There are some lucky and smart people who bought Bitcoins in the early years when the price of Bitcoin was few cents or few dollars.
Btw the experience of becoming wealthy is different from country to country. I've heard that in ex-Soviet countries, people became rich by doing criminal activities, robbing the government, thanks to communism and doing some other bad things. In developed countries, I think that most of them became wealthy through innovations and using the opportunities to start a good business in the innovative niche, like the internet.

The important part of getting rich is not just how to get it, but protecting and hiding it. I agree that many people get rich in illegal ways, and therefore they also maintain it in the same way, hiding it from detection. People who get rich through other means also strive for the same goal, they learn to protect their wealth from paying large taxes. The current generation has an easier opportunity to get rich, by taking advantage of the developments on the Internet, especially social media. Becoming a content creator or influencer for example, by going viral, they have the potential to get rich suddenly.

[STT]

Simplest take on this question or answer to unfold would be to first stop considering money to be an asset, consider it a debt.   If you hold cash you have a debt owed and the longer you hold the less its worth, eventually it will just default to zero, meanwhile you lose anyway but cash is the way to pay your taxes and other bills so everyone has it but its not wealth not even close.
  
So if cash is not wealth not a proper asset and eventually with zero value, you already know the likely answer to all the considerations elsewhere which have to yield you something to have a worth.
  The problem is cash is instant and investment can take 6 years of a business cycle to return a profit or many cases like a mine it might be 10 sometimes it can be 20 but few will take up such a weight.
  Society is biased to the cash like candy floss it does no good but its understandable, just know cash is only for liquidity and the rest is simpler imo.