without investments would there be wealthy?

[HONDACD125]

So I was thinking something tonight that everyone or anyone who succeeded or becoming wealthy today do they really succeed through investments?

Of course not, you need money to make investments, and to become successful through investments, that money needs to be in a sizable amount because you can't expect to become wealthy by making a $100 investment in something, even if it's Bitcoin, because that's only going to bring you profits and benefits but it wouldn't help you gain success and financial freedom in your life.

To succeed in life, you need to do something that no one else has done or is doing. Most people that we see having the most wealth in the world or around us are people who invested their time and efforts in building something that made them wealthy over time, other than the people who were into illegal things, such as selling drugs and stuff.

Investments, in my opinion, are a later part of your success, which means that you start making good money, and then you decide that you should make some investments so that you can increase your revenue instead of keeping your funds idle.

[AYOBA]

The truth is someone can become wealthy without investing, investment is the the only means of becoming wealthy or successful in life , because if you have a valuable skills that are in high demand you can become wealthy without investing in any thing at all since you skills are in high demand it will fetch you a lot of money, secondly  your services and ideas to a company or an organisation can get you a higher pay which can make you wealthy and successful without investing in anything, I know of a friend of my who is not investing in anything at but  what she does is to provide investment ideas to a company she is working with and gest what she is highest paid staff in that company and today she is counting in billions without having any investment just her pay from the company she is working with.

Stated that the only means to becoming wealthy or successful person in life is by investments I do not believe with that, because there’s a lot of people who becoming wealthy today and it’s not through investments. But they’ve a standard business model that brings enough of incoming for them, and then this income that their getting through business every blessing day; and isn’t there keep it in a dry cool place.

We all know that we human beings we’re individuals our load only creates us by providing the same part for us, but our attitude is not same and that’s how we’re knowledgeable them each other. Is from a little business one person can expand it to become biggest and largest business, which from there the little their gotten from this business they will use it to establish a company that’s how some people become wealthy and successful in life.

[SmartGold01]

What Is your thoughts over this?

We could have background  knowledge by observing the richest people in the world. The majority if not all of them became wealthy through investment. Truly,  there are some high paying jobs that can make someone rich but these opportunities are very few. The easiest means to become rich is to save and invest in viable businesses. But we have to acknowledge that the process of becoming rich is risky and energy consuming. That is why it is not everyone who invests becomes rich.

Investment is not the major place to start with as I know, investment is after having something stable coming out from the business you have established. Don't get it wrongly from me, what I am trying to say is that before someone gets started they need something doing to start making investments.
There are people who starts personal business and make it from there, while there are people who start investments and starts making it from there it all depends.

[skarais]

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?

Not all of them are because of investment, many are also because of a rapidly growing business. Many rich people around me are rich because of their business, not because of investment, but only a few of them I know have investment. They may have investment, but I never know it regardless of where they invest it. Investment and business are two things that can make someone successful to be rich, it is really real.

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

At least I only know two people who are successful with their investments, maybe there are more, I just never met them.

[Wexnident]

~

I meaan investments can still work, just that it's a lot better to start ( and do stuff ) on your own since you're able to optimize the business to possibly generate the maximum profits that you can. Personally I'd go for self development first but if what your business is has a sort of free platform to help you (like fb is to ecommerce) then I reckon doing that immediately would work.

Though I guess if you start investing in yourself, both learning wise and skill wise that would be pretty much two birds in one stone.

[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?

Not all of them are because of investment, many are also because of a rapidly growing business. Many rich people around me are rich because of their business, not because of investment, but only a few of them I know have investment. They may have investment, but I never know it regardless of where they invest it. Investment and business are two things that can make someone successful to be rich, it is really real.

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

At least I only know two people who are successful with their investments, maybe there are more, I just never met them.

If they are successful with their investments then you should know they had already running business that are sustaining them, for instance, I don't say investments is bad or not good but what I am trying to drive over here is that before we make investment we should try at least have a stable income or emergency funds maybe cushion around us to let our investment grow more higher, because if we invest and we didn't have any alternatives business then we are set to bounce back to invest whereby over stretching our investment which may not yield the requirements profits we targeted.

[peter0425]

So I was thinking something tonight that everyone or anyone who succeeded or becoming wealthy today do they really succeed through investments?

A lot of people get rich for a lot of different reasons but what really are investments for? It is to maintain wealth. They already acquired wealth and all they need to do is make sure that wealth does not run dry so they invest in things to keep the money coming.

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

I can't keep count and a lot of people do not disclose their investments. But houses and cars can also be investments. So a lot of people.

[Curious T]

I don't think I fully get your point, but what I know is that no one can actually be wealthy without investments. It doesn't matter what you do, as long as you're starting small, you need to have an investment if you have plans to be wealthy one day. You have to put your money to work for you.
The investment can be in any form. It can be in the form of a business, a financial investment or real investments; what matters is, you have to put your money to work.

If you earn money, even if it's a lot of money and you don't make that money create more money for you, then it will surely run out, but even if it doesn't, you won't be wealthy.
You see footballers, basketballers, artists, and actors looking for ways to have different businesses and have different investments, even though they make a lot of money, because they know that without investments, they will just go back to the bottom with time.

[STT]

Investment is natural gearing which is what makes the money, its also very easy to lose money and go broke I imagine as everything is amplified.
   We are living in amazing times now where you can do this far more then a hundred years ago, the product you make doesn't even have to physically exist anymore.   In AI I hear them talking of tokens but I shouldn't surprised the work done is split up into units as that's how BTC became such a great success story as a commodity of work done.

3D printers is well known as an idea but I think its yet to take off fully and its quite vital as part of this virtual economy we are all part of.  You can make the printer resin yourself by 'unwinding' a clear drinks bottle, melting then reusing the plastic to print again which I find amazing as recycling and again independence from the centralized economy we all used to rely on so much.
  I dont think we can say goodbye to centralized banking and expect BTC to be a singular idea, it will require also power generation less centralized and many other things.  Do all of these things and perhaps we can stop with the trillions in debt that might have caused great wars and poverty otherwise.

Investment is anything small or big, it doesn't have to be giant factories using scales of economy.  I believe investment can also be in ideas, processes replicable by anyone in an iterative distributed way.

[Salahmu]

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?

I have people within me who became very important financially through investment they did and at the same time I also have other people who became successful through there current job they're doing, so actually investment is not the only route for success but is the most important because with it you can never lack but however I noticed that business orientation is what alot of person are missing, not that investment is not on there plan and secondly is also the business somebody understand will they have the mind to willingly give it to a third party to control. actually digital investment has covered a wide range on that because of the exclusion of overloaded knowledge.

[Minor Miner]

So I was thinking something tonight that everyone or anyone who succeeded or becoming wealthy today do they really succeed through investments?

A lot of people get rich for a lot of different reasons but what really are investments for? It is to maintain wealth. They already acquired wealth and all they need to do is make sure that wealth does not run dry so they invest in things to keep the money coming.

Investing is not only about maintaining wealth but it is also one of the ways to help people become rich. Like crypto investors, we save money from our monthly income to invest and accumulate in bitcoin/cryptocurrency with the hope of becoming rich one day. I guess the strategy for most of us here is to invest in bitcoin and expect big returns. We will then consider diversifying into other assets or businesses to increase and maintain our wealth. We are looking to get rich by investing, specifically investing in bitcoin.

In short: investing is one of the ways we can become rich as well as stay rich, depending on how we use it.

[TheUltraElite]

This is the reason why the first kind of investment one should make is investing in themselves, some people do not know how important it is to invest in themselves, when we talk about investment, they think it is only about assets. That said, investing in yourself is the best kind of investment, because it stays with your forever, even if you lose other types of investments, you cannot lose the skills and knowledge you have learnt and you can always use it to rise again even if you fall.

Education and skills. Indeed they will be the for the long term and they help the person get the degree and eventually the job they need. Once that is settled the steady income becomes possible and then investments can be up-scaled.

I dont like the fact that certain people tend to create influence strong enough to move people from the grind of education and into risky investments without understanding their risk appetite. Some fault also lies on the guardians of those kids and if already an adult, their close ones.

No doubt investments are needed, but first establish yourself before investing.

[summonerrk]

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?

Probably, investments are the easiest way to increase your wealth quickly and without problems. The thing is that investments do not provide a linear income, but in geometric progression. This means multiplication by a constant percentage. Let the investor also lose in percentage. But not all rich people necessarily became rich only through investments. Many of them simply developed their business and increased its scalability, which is why they were able to become rich. They simply opened more and more retail outlets around the world and invested money and time in their business.

[retreat]

There are many ways for someone to build their wealth, it can be through the skills they have, for example as a professional, a doctor, or any high-collar job. There are also those who invest some of what they have earned and then get profit from it. And there are also those who can really build their wealth through investment alone. This means that people who are successful today did not only get their wealth through investment alone - there are many ways for them to be like they are today.

[bubilas]

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?

It has long been known to everyone that in order to get rich you don't have to work hard. Those who work hard break their backs, but don't become those who sail on yachts and lead a carefree lifestyle.
We need to move our brains,  and then there will be money. And for this, it is not necessary to make a lot of movements or try to earn all the money in the world, sitting at work, 24/7.
The hardest thing is to make the initial capital. To do this, we need to either inherit or open a successful business or try to earn something in crypto, which is what we all do, and then money will be much easier to get, because we all understand the basics of investing thanks to cryptocurrencies.

[justdimin]

First, how do you get the money to invest? And what are you nvesting on? So many people became wealthy because of their investment and the investment was done from the money they have saved from their regular job. While some people too can take loan to invest into a business and while they grow the business, they extend the profit to other investment, it's not a quick process but very possible. Another thing too to consider is the class of wealth you are referring to, some people are wealthy and some people are also wealthier. Most wealthy people that doesn't want to be famous are just living a well satisfying life style from their big salary and no other investment, while some persons that are extremely wealthier have different investment that they grow from different financial source, some of them took loan to invest and some utilized the money from their salaries.

So, without investment someone can still be wealthy and have everything they desired meanwhile they are just staffs in a big company that pays them so well.

That is also investment, because investing into your business is investment. The only ways you could be rich without investing would be lottery winning, whatever you do, it's investment. It could be to your business, it could be to gold, it could be investing in yourself (for career) or it could be bitcoin. All of them are investments with expectations of bigger return. The only thing that isn't investment is lottery, because while you pay little and expect more, you are gambling in that case and not investing.

So if you make more money than you entered, that means you are investing and it could be even as little as your time, because a worker gives their effort and time to a company, but that is investing them to get bigger return or at least what you think you are worth.

[G_Besar]

There are many ways for someone to build their wealth, it can be through the skills they have, for example as a professional, a doctor, or any high-collar job. There are also those who invest some of what they have earned and then get profit from it. And there are also those who can really build their wealth through investment alone. This means that people who are successful today did not only get their wealth through investment alone - there are many ways for them to be like they are today.

Any job will not make us rich if there is no investment made, I think so for example like the profession of Doctor who has a high salary but if it is allocated to unimportant things then he will never be rich.
So there is a difference between work and investment, what makes us rich is investment regardless of whatever job we do and regardless of whatever investment we choose but what is certain is that in terms of possibility if we choose an investment that promises for the future it will make us rich.

[davis196]

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?

This is being called "investing in yourself". Human capital(skills, education, work ethics) is also capital. Many people still think that capital is just a bunch of money.
Are there people, who became wealthy without investing? Yes, such people do exist. 1.Criminals and Mobsters. 2.corrupted politicians and government officials. 3. People who won the lottery. 4.People who had rich dads and inherited big wealth(their dads did the investing and wealth gathering process). There aren't any rich people in my social circle, so I can't speak from personal experience.

[ovcijisir]

A lot of businesses could survive and expand without investments, but it would slow the progress of the business a lot. Imagine that you have car parts store and want to open another store at new location.

In case where you can use investment from bank, you just go to the bank and ask for a loan which you pay later with interest.
You can then immediately start with opening the store.

Other case is when you need to save up money beforehand and wait until you have enough to open another store. It will be cheaper because you don't have to pay interest (inflation is not considered in this case), but you will need to wait for a long time to open the store and risk to lose business opportunity. Someone will maybe be faster in seizing that part of the market.

So I guess it is possible to grow your business without investment but at lower pace.

[Sticky Bomb]

while there are people who start investments and starts making it from there it all depends.

This is even where I'm starting to misunderstand you SmartGold01. Do people start investments from empty pockets? Of course no, unless they have an already passed down wealth.

Where do the funds to invest come from without a good skill and working history(assuming the person is dealing with legitimate funds)?

Of course, we would be right to say that before you have the funds to make investments, you must have worked for it, earned it and channeled it to investment to boost your passive income generation or secure your future financially. Eg, those choosing Bitcoin.