Investing the bed rock of wealth.

[Stepstowealth]

Others just focus on honing their skills until they become great on their individual career, and still end up making significant amount of wealth.

If you are honing your skills, it means that you are investing your time and even your resources to become better at it, and that still counts as a form of investment to me, the reason it can also lead to wealth. When investment is in the discussion, people's minds only go to the financial side, and then people with no finance but only skills get discouraged thinking they can have no investment.

Within your means and with good use of your time, you can invest in your skills and create better wealth making opportunity for yourself.

[Ziskinberg]

       Thought investment can create wealth but I would say, creating wealth through investing is not as easy as it seems, you have to master the act of patience, even when the market is down and your portfolio is on the negative side, the ability to hold for as long as needed to make profit.

Nothing good is easy to start with and so, while investing or setting out your investment plan, part of the things you should know is that the journey is never going to be a linear one that is smooth and void of any form of challenges. if you are privileged to start investing at a tender age, doing so with a small amount can be the way to start and remaining consistent at it till you have built a robust portfolio that grows in the long run now gives you a sense of calmness that you are actually headed the right direction.

There are a lot of profitable things one can invest into and sometimes, you do not need to focus all your investment in bitcoin. some small opportunities you see around you can in their way help build your wealth into something that stands to help you in the future.

Investing is never easy but definitely a tough one, that's probably the reason why not all people are encourage to enter investment. And while some have the privilege and limitless opportunities to invest, others do not have even a single one. That's the sad reality when it comes to investing.

However, bitcoin is not the only profitable asset that would make us rich and accumulate wealth. There are actually a lot to explore, we just have to be resourceful and knowledgeable so that we won't waste our time and money to a non--valuable investment.

[uchegod-21]

Schools in my country actually introduce investment topics to students beginning from high school. Although everything only ends in theory. No child graduates without having an idea of what investments is and the few options of investments available. Even with this little knowledge, not everyone will still have the investment mindset.

Now we are shifting the responsibility to the teachers, parents have a greater role to play here. Most parents are investors, they have to carry their children along too. Then, parents who are not investors, but their children show interest in a particular investment, would have to provide capital and proper guidance too. After all, the parents are the sole beneficiaries when these children eventually become successful.

[DrBeer]

I have seen investors starting from a scratch and slowly making wealth after 5-10 years. This only means that investing on the right asset can go a long way.

However, let's be realistic, investing isn't for everyone. Not all people are given the opportunity to invest, and not all people are capable to grow their investment, so clearly it isn't for everyone.

Others just focus on honing their skills until they become great on their individual career, and still end up making significant amount of wealth.

Yes, that's absolutely right—investments (except in unique cases or insider trading) yield results over many years. And yes, this isn't suitable for everyone, because the ability to invest is based on the ability to manage income and expenses. Reasonable, thoughtful management, not reckless spending, lack of income planning, etc. Basic methods of managing money as a resource. Money can be spent just like that, or it can generate new money.

[barisbilgili]

Schools in my country actually introduce investment topics to students beginning from high school. Although everything only ends in theory. No child graduates without having an idea of what investments is and the few options of investments available. Even with this little knowledge, not everyone will still have the investment mindset.

Now we are shifting the responsibility to the teachers, parents have a greater role to play here. Most parents are investors, they have to carry their children along too. Then, parents who are not investors, but their children show interest in a particular investment, would have to provide capital and proper guidance too. After all, the parents are the sole beneficiaries when these children eventually become successful.

That is very good, and I think all schools should teach about investment, even if just the basics, because for students, it gives them a forward-looking perspective that can change their lives.
I am sure no one would deny that investing is the foundation of wealth for the future, because if we do not invest, the chances for us to achieve financial freedom are very small, and I think that can serve as a strong reason or strong motivation for everyone.

[puloweh555]

Nobody is going to teach us how to get rich, we should learn that on our own and from the experience of others. Now people are using internet for stupid viral videos, and if they used 10% of their internet time to upgrade their knowledge, they would be living a better life.

Start early, pick the right assets and let the years do the magic. The inital stage will be hard but once it compound the returns will become huge.

Yes, that's right. To become rich you have to start with yourself especially since there are so many ways to achieve wealth in today digital age. So make the most of the internet don't waste it on unnecessary and useless things. Investing is a crucial step in achieving future financial freedom. It's very difficult for anyone to become rich without investing.

So, you must be able to concentrate on investing. You must study one area until you truly understand it whether it's property, stocks, crypto or anything else. Essentially you must continue learning because investing is a never ending game of seeking knowledge. Always empty your cup and learn from those who are more experienced. Because if you invest for the long term I'm confident that we can achieve financial freedom in the future. Finally always remember that every investment carries risks. That's why it's crucial to learn and understand the characteristics of each type of investment before investing. That way you can achieve your future financial goals.

[TheUltraElite]

Indeed investing will be the start of wealth creation but your choice of asset is important too. Traditional assets have their importance, a part of your portfolio should be into that and among crypto only bitcoin is enough to be kept for the long term.

Another important thing is to start early in life and continue it for long. This might not be possible anymore for certain people. So they should teach their next generation for this as soon as they learn basic math and become interested in money.

Quite a lot of people spend a lot of money, this is the third thing that needs to be controlled. With a control over spending, you savings will grow, to aid you in investing.

[clifaduna]

Many people dream of becoming rich through investments, and it sounds nice, right. However, there is no quick and easy way.
Investing is a marathon, not a sprint. You have to be patient, spend time analyzing the market, and, frankly, sometimes get nervous.
And another important point: investment alone does not guarantee that you will become rich.
If you approach the case with intelligence, the chances of success increase noticeably. Start with yourself: learn the right skills, understand how the market works, and develop the "investor" mindset. When you invest in your own development, the investment starts to work for you - and then you can talk about capital accumulation.

[Findingnemo]

~

When the goal is to generate wealth and become rich then we also need to follow the diversification, picking one asset be it bitcoin, gold or stock alone can be risky so pick a few of the best that you have knowledge or interested in gaining knowledge should be the way to go instead of going with one or just everything.

Getting rich is easier in this internet era but are we ready to do whatever it takes to get there?

[Finebone]

~

When the goal is to generate wealth and become rich then we also need to follow the diversification, picking one asset be it bitcoin, gold or stock alone can be risky so pick a few of the best that you have knowledge or interested in gaining knowledge should be the way to go instead of going with one or just everything.

It's not mandatory that an investor must diversify his investment before he can get rich, even though diversification is very important. The only purpose investors are adviced to diversify is for security, so that if anything happens to this or that of your asset, you wouldn't be shaken, but an investment on a single asset can spur an investor to be filthy rich, just that his foundation financially is not as strong as someone that diversify his investment into different asset.

[ChocolateBitcoinK]

Schools in my country actually introduce investment topics to students beginning from high school. Although everything only ends in theory. No child graduates without having an idea of what investments is and the few options of investments available. Even with this little knowledge, not everyone will still have the investment mindset.

Now we are shifting the responsibility to the teachers, parents have a greater role to play here. Most parents are investors, they have to carry their children along too. Then, parents who are not investors, but their children show interest in a particular investment, would have to provide capital and proper guidance too. After all, the parents are the sole beneficiaries when these children eventually become successful.

That is very good, and I think all schools should teach about investment, even if just the basics, because for students, it gives them a forward-looking perspective that can change their lives.
I am sure no one would deny that investing is the foundation of wealth for the future, because if we do not invest, the chances for us to achieve financial freedom are very small, and I think that can serve as a strong reason or strong motivation for everyone.

If children can gain educational and awareness education about investments from school, then they will be much more careful about their investments and will be able to invest in the right places in the future. This will undoubtedly play a very important role for those students who learn to understand the value of savings, risk, long-term planning and patience from a young age, as a result of which they can make a permanent positive change in their thinking, due to which they can refrain from making wrong decisions or investing in the wrong places. Moreover, if we can make responsible and realistic decisions about investments or finances in the future, then it will be a cause of harm for us, but when a student continues to learn this from a young age, he will be able to make much deeper and professional decisions in the future.

[SquallLeonhart]

To be fair, "not wanting to be rich" is the key reason why most people are not rich. There are two sure things that you need when you want to be rich and nothing else ever will be replacing these two things. One is taking risk and the other is being immoral while being legal. I am not mentioning hard work, because you can be an employee somewhere and still need to work hard or you will be fired, in todays world hard work is given.

So risk taking is important, I have a house, can I sell my house and use all of that to invest into a business? I can, would that make me rich? Maybe it will, or maybe I will bankrupt, nobody really knows. But I fear that risk and don't do it. Immoral while being legal is exactly how it sounds, be amazon and pay minimum wage to everyone for example, or be tesla and get paid by government to build stuff. Basically be unethical, but stay within the law.

[AmaGold70]

I think the act of investing should be tough in schools and college,as this is important topic that starts the creation of wealth and the path to financial freedom.
               Take Warren Buffett for example, he's a living billionaire which gives a full proof that investing is the first path to wealth creation. Imagine investing from the age of 11 till the age of 95, that's something you don't see often and along the way he's gained more experience which helped him through the journey of wealth growth through the power of compounding of investment.
       Thought investment can create wealth but I would say, creating wealth through investing is not as easy as it seems, you have to master the act of patience, even when the market is down and your portfolio is on the negative side, the ability to hold for as long as needed to make profit. What's your take on this topic? Do you agree with the fact that investing is the bedrock of wealth creation?

Elon musk once said that" The poor eat their money, the average people save their money in the bank but the rich people invest their money". This statement shows that for you to be wealthy, you have to invest your money. There are universities and colleges where you can be taught about investing, how to create wealth and grow financially. Like you said here, as an investor you need patience to grow financially, every investment needs patience and without patience you can never grow financially. For instance, when you invest in Bitcoin, you don't expect reward immediately, but your reward will come with patience and courage.