Diversify your assets.

[STT]

Invest in a global tracker in that case is some option.   I do prefer to choose most of the direction rather then just use one tracker but I wouldn't stick to just one country if you can avoid it.  
  Ideally the stocks of a country should be linked to the world market but its not always the case, the ideal would be in giving you some diversity away from just your national economy.

   Unfortunately Trump is making things harder for those he deems not friendly when all that might be true is they are merely not close which is hardly fair.  The only positive I can be sure of is this is not a beneficial policy for either party buyer or seller and it will not last beyond this term of office imo.

[Unknown Op]

Invest in a global tracker in that case is some option.   I do prefer to choose most of the direction rather then just use one tracker but I wouldn't stick to just one country if you can avoid it.  
  Ideally the stocks of a country should be linked to the world market but its not always the case, the ideal would be in giving you some diversity away from just your national economy.

   Unfortunately Trump is making things harder for those he deems not friendly when all that might be true is they are merely not close which is hardly fair.  The only positive I can be sure of is this is not a beneficial policy for either party buyer or seller and it will not last beyond this term of office imo.

Mostly people don't know the idea of diversification because they have no financial knowledge which starts from the home and they are from poor families as there are many poor people in our society and they are spreading negativity about the money and investment. Rich people always try to earn money from different resources and investment because they have mindset of rich people and these kind of people could not be poor at any time when any unexpected situation happens. People have to work on their knowledge to do investment on different platforms which is not an easy task .Diversification is best topic for the people who want to become a wealthy person of their family but at the same time, that is not easy.

[bubilas]

The father of my colleagues invested heavily in real estate. Immediately after he retired from his job, he invested his entire retirement benefits in real estate. And he kept expanding the business by building more houses. My co-worker usually tells me that real estate is the best investment because of less risk. It is common for him to say that he or his father will never invest in Bitcoin because it has high risk.

There was a flood in a section of my country that destroyed lives and properties. His father lost about seven blocks of flats which is all he has in life. The houses were not issued, so he is totally broke.

Lessons
- Diversify your assets. Don't invest all you have in a single asset.
- If you are investing in real estate, let your properties be in different locations.  My friend's father lost all his property because they were in the same place.
- insure your assets and businesses. Insurance can help reduce the effect of a loss.

It is very easy to understand those who constantly advise investing in real estate, because Robert Kiyosaki also advised this in his books. But the thing is that most of these advisers lived before the global financial mortgage crisis.
The modern world dictates that one must have comprehensive knowledge in all areas of assets in order to invest with the greatest profit and the least risk.
We can't just invest in crypto or just houses. We need to have at least 2 different assets.

[Baki202]

Mostly people don't know the idea of diversification because they have no financial knowledge which starts from the home and they are from poor families as there are many poor people in our society and they are spreading negativity about the money and investment. Rich people always try to earn money from different resources and investment because they have mindset of rich people and these kind of people could not be poor at any time when any unexpected situation happens. People have to work on their knowledge to do investment on different platforms which is not an easy task .Diversification is best topic for the people who want to become a wealthy person of their family but at the same time, that is not easy.

And financial knowledge is good in the sense that when you are financially smart, you will be able to take advantage of many opportunities, because the best thing that can happen is for you to know how to make use of your resources. I don't think the issue of money has to do with status but with personality. Because we all have our individual differences, people who have an interest in investing will do the needful. Because when we have foresight, then we are going to look into it, because the best way to fight inflation is to invest.

And some people getting rich are getting rich because they are always taking the risk, and this is why I don't even risk it as a big deal, so we need to do everything in our power to take risks, and if it fails, then it fails because that is one of the challenges. and what has kept people in the same place they are, so there is more benefit in taking risks.

[eightdots]

Invest in a global tracker in that case is some option.   I do prefer to choose most of the direction rather then just use one tracker but I wouldn't stick to just one country if you can avoid it.  
  Ideally the stocks of a country should be linked to the world market but its not always the case, the ideal would be in giving you some diversity away from just your national economy.

   Unfortunately Trump is making things harder for those he deems not friendly when all that might be true is they are merely not close which is hardly fair.  The only positive I can be sure of is this is not a beneficial policy for either party buyer or seller and it will not last beyond this term of office imo.

Mostly people don't know the idea of diversification because they have no financial knowledge which starts from the home and they are from poor families as there are many poor people in our society and they are spreading negativity about the money and investment. Rich people always try to earn money from different resources and investment because they have mindset of rich people and these kind of people could not be poor at any time when any unexpected situation happens. People have to work on their knowledge to do investment on different platforms which is not an easy task .Diversification is best topic for the people who want to become a wealthy person of their family but at the same time, that is not easy.

Financial self-improvement is crucial. Some people acquire this knowledge from their families, others from school and their surroundings. A mindset often guides individuals and provides an advantage in how they make decisions. Diversification requires knowledge in many areas. Diversifying without prior knowledge is a mistake, as there are many investment instruments available, and making sound decisions becomes difficult without understanding what to invest in.

Every investment carries risks, so when diversifying, you should carefully analyze these risks and plan for these risks.

[MRY]

Invest in a global tracker in that case is some option.   I do prefer to choose most of the direction rather then just use one tracker but I wouldn't stick to just one country if you can avoid it.  
  Ideally the stocks of a country should be linked to the world market but its not always the case, the ideal would be in giving you some diversity away from just your national economy.

   Unfortunately Trump is making things harder for those he deems not friendly when all that might be true is they are merely not close which is hardly fair.  The only positive I can be sure of is this is not a beneficial policy for either party buyer or seller and it will not last beyond this term of office imo.

Mostly people don't know the idea of diversification because they have no financial knowledge which starts from the home and they are from poor families as there are many poor people in our society and they are spreading negativity about the money and investment. Rich people always try to earn money from different resources and investment because they have mindset of rich people and these kind of people could not be poor at any time when any unexpected situation happens. People have to work on their knowledge to do investment on different platforms which is not an easy task .Diversification is best topic for the people who want to become a wealthy person of their family but at the same time, that is not easy.

Financial self-improvement is crucial. Some people acquire this knowledge from their families, others from school and their surroundings. A mindset often guides individuals and provides an advantage in how they make decisions. Diversification requires knowledge in many areas. Diversifying without prior knowledge is a mistake, as there are many investment instruments available, and making sound decisions becomes difficult without understanding what to invest in.

Every investment carries risks, so when diversifying, you should carefully analyze these risks and plan for these risks.

There are many peoplewho desire to become rich within a short period of time through investing and they end up neglecting the most critical fundamentals that concern understanding and planning. We understand diversification to be the most important ingredient in lessening risk, however the diversification alone does not work without knowledge. The investment in different tools cannot be regarded as the guarantee of safety. When all instruments selected occur to be of same high risk level, then significant losses will be incurred. It is therefore necessary that as we analyse, comprehend product characteristics, align them with our lifes goals.

I suggest that the development of an individual financial life require a long term approach which in terms of character development entails the development of a patient and even headed approach, as opposed to working toward an immediate gain. In that manner, each investment process gains the magnification of the larger plan that is otherwise not followed by a random experiment. We are free to dictate on our finances as opposed to being dictated to by the impatient decision.

[Berry2d]

Most successful business man consider diversification as a good  business strategy as it has to do with multiple source of income at last but never go into it without proper knowledge on the new business idea to avoid lost which is the greatest enemy of business.
Before considering diversification as a business strategy, knowledge on the new business line should also be considered and must be something you have passion for or can develop it even if there is no passion at the initial stage

[bubilas]

It is absolutely right that you need to find the positive aspects of different locations. I can give an example that in the country where I live there is a Southern location by the sea, where real estate is much more expensive than in any other place. And if someone buys a house there, it will definitely pay off if you rent it out after some time.

And a lot has been said about how real estate in general is a pretty good asset, but real estate in the right location is doubly a great asset.

[Y3shot]

Most successful business man consider diversification as a good  business strategy as it has to do with multiple source of income at last but never go into it without proper knowledge on the new business idea to avoid lost which is the greatest enemy of business.
Before considering diversification as a business strategy, knowledge on the new business line should also be considered and must be something you have passion for or can develop it even if there is no passion at the initial stage

Another thing to also look before diversifying into another business is to make sure the business you have in hands is already doing well,  very productive that even if the business you are planning to diversify fails it is not going to affect the main business.  Some people just want to have many businesses in their hands while they are still struggling with the other they already have. Before diversifying make sure your investment or business is productive but if it is still struggling no need for diversifying.

[Lanatsa]

Invest in a global tracker in that case is some option.   I do prefer to choose most of the direction rather then just use one tracker but I wouldn't stick to just one country if you can avoid it.  
  Ideally the stocks of a country should be linked to the world market but its not always the case, the ideal would be in giving you some diversity away from just your national economy.

   Unfortunately Trump is making things harder for those he deems not friendly when all that might be true is they are merely not close which is hardly fair.  The only positive I can be sure of is this is not a beneficial policy for either party buyer or seller and it will not last beyond this term of office imo.

Mostly people don't know the idea of diversification because they have no financial knowledge which starts from the home and they are from poor families as there are many poor people in our society and they are spreading negativity about the money and investment. Rich people always try to earn money from different resources and investment because they have mindset of rich people and these kind of people could not be poor at any time when any unexpected situation happens. People have to work on their knowledge to do investment on different platforms which is not an easy task .Diversification is best topic for the people who want to become a wealthy person of their family but at the same time, that is not easy.

Financial self-improvement is crucial. Some people acquire this knowledge from their families, others from school and their surroundings. A mindset often guides individuals and provides an advantage in how they make decisions. Diversification requires knowledge in many areas. Diversifying without prior knowledge is a mistake, as there are many investment instruments available, and making sound decisions becomes difficult without understanding what to invest in.

Every investment carries risks, so when diversifying, you should carefully analyze these risks and plan for these risks.

There are many peoplewho desire to become rich within a short period of time through investing and they end up neglecting the most critical fundamentals that concern understanding and planning. We understand diversification to be the most important ingredient in lessening risk, however the diversification alone does not work without knowledge. The investment in different tools cannot be regarded as the guarantee of safety. When all instruments selected occur to be of same high risk level, then significant losses will be incurred. It is therefore necessary that as we analyse, comprehend product characteristics, align them with our lifes goals.

I suggest that the development of an individual financial life require a long term approach which in terms of character development entails the development of a patient and even headed approach, as opposed to working toward an immediate gain. In that manner, each investment process gains the magnification of the larger plan that is otherwise not followed by a random experiment. We are free to dictate on our finances as opposed to being dictated to by the impatient decision.

Chasing quick wealth has always been a trap for many and sadly it often leads to frustration and regret rather than success the truth is real wealth is built over time with discipline consistent effort and the ability to manage both gains and losses without being swayed by emotions understanding risk tolerance setting realistic goals and constantly educating oneself about different markets are all parts of the journey that people overlook when they only focus on shortcuts a well structured financial plan allows you to stay steady even when the market fluctuates while impatience usually pushes people into speculative moves that harm their future stability in the end the mindset you carry toward money becomes just as important as the actual tools you use to grow it.

And when we look deeper wealth is not only about numbers in the bank or assets on paper it is also about how secure and balanced your life becomes through the process many who rush into investments hoping to double or triple their money quickly forget that stress and sleepless nights can outweigh the temporary profit they may gain building financial strength slowly teaches discipline emotional control and the ability to withstand setbacks without crumbling another point is that true diversification is not just spreading money across different assets but also diversifying in time knowing when to enter when to hold and when to step aside each decision reflects not only knowledge but also maturity over the long run.

[Inwestour]

Financial self-improvement is crucial. Some people acquire this knowledge from their families, others from school and their surroundings. A mindset often guides individuals and provides an advantage in how they make decisions. Diversification requires knowledge in many areas. Diversifying without prior knowledge is a mistake, as there are many investment instruments available, and making sound decisions becomes difficult without understanding what to invest in.

Every investment carries risks, so when diversifying, you should carefully analyze these risks and plan for these risks.

I think that most likely a person can acquire this knowledge only within the family, if their parents have a good financial education. I haven’t heard of this being taught at school, and honestly, I doubt it. One’s environment can also play a role, but for that, you would have to be very lucky for your surroundings to consist of people who know how to manage their finances and are financially successful.

Most often, though, this knowledge comes from self-education and personal experience learning to manage finances and, over time, reaching a level where you can properly diversify your assets so that they are allocated wisely. I think that, for most ordinary people, this allocation usually goes into a few main assets, while the others, being less important, hardly influence the overall distribution.

[ASloveapg]

That is what most people failed to understand, without realizing that when money is only coming from one source once anything happens along the line everything is gone. Sometimes I used to wonder why most people normally have since mentality of having only one source of income, more especially this real estate investment. To be honest nothing good as diversifying your assets, because nobody can really predict what would happen at any given time. Because had it been he put some of his money into Bitcoin investment by now he would have something left.

Of course, diversification is good. We don't know in advance what will happen. But diversification is not for everyone. Especially for new investors. If someone enters diversification without knowing how to invest properly, then I think he will lose all his money. So invest first, gain experience, then enter diversification.

[Cityhunter34]

That is what most people failed to understand, without realizing that when money is only coming from one source once anything happens along the line everything is gone. Sometimes I used to wonder why most people normally have since mentality of having only one source of income, more especially this real estate investment. To be honest nothing good as diversifying your assets, because nobody can really predict what would happen at any given time. Because had it been he put some of his money into Bitcoin investment by now he would have something left.

Of course, diversification is good. We don't know in advance what will happen. But diversification is not for everyone. Especially for new investors. If someone enters diversification without knowing how to invest properly, then I think he will lose all his money. So invest first, gain experience, then enter diversification.

As far as I know diversification is for everybody, unless you are not a human being. As a new investor having another source of income aside from your Bitcoin investment is exactly what would going to help you hold for future. Because you can't just rely on one thing, as long as you are planning to invest in Bitcoin is also very important to have something that would be fetching you money so that Incase if any emergencies arise you would be able handle it without touching your Bitcoin investment.

[AmoreJaz]

That is what most people failed to understand, without realizing that when money is only coming from one source once anything happens along the line everything is gone. Sometimes I used to wonder why most people normally have since mentality of having only one source of income, more especially this real estate investment. To be honest nothing good as diversifying your assets, because nobody can really predict what would happen at any given time. Because had it been he put some of his money into Bitcoin investment by now he would have something left.

Of course, diversification is good. We don't know in advance what will happen. But diversification is not for everyone. Especially for new investors. If someone enters diversification without knowing how to invest properly, then I think he will lose all his money. So invest first, gain experience, then enter diversification.

Diversification will save you a lot from inflation and other unexpected circumstances. Hence, in these challenging times, it is a must to have contingencies so as not to suffer from possible failures. Diversify thru tangible assets such as real-estate, precious metals or gold and if you are into crypto, better explore btc or other top alts. Not the new alts with very low liquidity in the market. Also, traditional banking is still important. If you want to safeguard your cash, you can deposit in banks if you don't have time to think of investments. Because investing in a business would require a lot of your time and resources. So if you don't have that, better secure in other financial services offered by the banks like time deposit or other high-paying interest services.

[Jubilee58]

This topic is an interesting one because it guides you through what a good and reasonable investor should do. As an investor, it advisable you spread your money across different asset, should in case one of the business fails you will be able to still stand firm. And bear it mind that no business is hundred percent guaranteed but spreading your money  across different asset can safe you from loosing your money at the same time.For instance in cryptocurrency investing while some coins are very volatile some are more stable

[Versatile_choice]

Most people feel that real estate Business is risk Free, but i want to make it clear that every Investment/ business is not risk free rather thier level of risk differs. And this flood issue have made real estate Business more risky than we thought, though thier are some certain areas that is always safe during flood so this are the areas that we are supposed to be looking for and not swampy areas. But in all I would admit with what you said about diversification even though your first choice of investment is to invest into real estate but we should not forget to look into other business/ Investment to avoid one particular point of failure.

[Grace333]

Yeah diversification makes sense, but it’s one of those things that really depends on the person. Some folks feel safer spreading their money across different things like land, stocks, gold, and Bitcoin, so if one is down, the others can balance it out. But for people who really believe in Bitcoin, they’d rather just go heavier on it and maybe keep a little bit aside in other places. It’s all about how much conviction and risk you can handle.

At the end of the day, it’s not really about following a fixed rule, it’s about knowing yourself. If spreading your money keeps you calm and steady, then do it. If you’re fine going all in on Bitcoin because you understand it and you’re ready for the ride, that works too. The main thing is investing in a way that you don’t lose sleep or end up regretting later.

[xiamin]

Most people feel that real estate Business is risk Free, but i want to make it clear that every Investment/ business is not risk free rather thier level of risk differs. And this flood issue have made real estate Business more risky than we thought, though thier are some certain areas that is always safe during flood so this are the areas that we are supposed to be looking for and not swampy areas. But in all I would admit with what you said about diversification even though your first choice of investment is to invest into real estate but we should not forget to look into other business/ Investment to avoid one particular point of failure.

After properly nurturing a stable source of income, if you feel that you have enough wealth, then you can take diversification in business strategy as a strategy. If you want to be the best, then you can rise to the top with a best investment source. In the digital asset market you can find many other currencies besides Bitcoin, thats can make you attractive offers. But if you want to reach the top to be financially profitable then try to keep Bitcoin as a long term investment and accumulation in line with your income.

[dunfida]

Most people feel that real estate Business is risk Free, but i want to make it clear that every Investment/ business is not risk free rather thier level of risk differs. And this flood issue have made real estate Business more risky than we thought, though thier are some certain areas that is always safe during flood so this are the areas that we are supposed to be looking for and not swampy areas. But in all I would admit with what you said about diversification even though your first choice of investment is to invest into real estate but we should not forget to look into other business/ Investment to avoid one particular point of failure.

After properly nurturing a stable source of income, if you feel that you have enough wealth, then you can take diversification in business strategy as a strategy. If you want to be the best, then you can rise to the top with a best investment source. In the digital asset market you can find many other currencies besides Bitcoin, thats can make you attractive offers. But if you want to reach the top to be financially profitable then try to keep Bitcoin as a long term investment and accumulation in line with your income.

Yeah, totally makes sense, building a stable income first is key before thinking about diversifying or chasing bigger gains. in crypto it’s true there are lots of altcoins that can give nice returns, some of them even move faster than bitcoin so people get excited, but keeping bitcoin as a long term hold is smart since it’s more stable and tends to grow steadily over time. the key is balancing accumulation with smart risk in other assets while making sure your main foundation stays solid.

Also, it’s important to stay patient and not get caught up in fomo, even if some altcoins pump hard quickly. the ones that last usually have strong fundamentals and community support. so a strategy could be keep stacking bitcoin regularly while exploring other opportunities carefully, diversify a little without risking the base. over time this approach can build serious wealth and still give you exposure to the high-growth side of the market.

[bubilas]

Yeah diversification makes sense, but it’s one of those things that really depends on the person. Some folks feel safer spreading their money across different things like land, stocks, gold, and Bitcoin, so if one is down, the others can balance it out. But for people who really believe in Bitcoin, they’d rather just go heavier on it and maybe keep a little bit aside in other places. It’s all about how much conviction and risk you can handle.

At the end of the day, it’s not really about following a fixed rule, it’s about knowing yourself. If spreading your money keeps you calm and steady, then do it. If you’re fine going all in on Bitcoin because you understand it and you’re ready for the ride, that works too. The main thing is investing in a way that you don’t lose sleep or end up regretting later.

You have a very excellent point of view, which is well argued.
For Bitcoin maximalists who want to invest in the bank, it is very important to choose an entry point when they can buy Bitcoin at the lowest possible price. Because if they buy bitcoins at alltime high, there's a good chance that after that there will be a correction for 3 years. Like it happened once. And these guys, if they don't know how to budget, they'll have to cash out these bitcoins into usd because they won't have anything to eat.