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RE: LeoThread 2024-12-09 13:17

in LeoFinance2 months ago

When I started investing my mentality totally changed...

I went from a consumer to a saver/investor, and this is a big shift.

I don't want to buy the product, I want to own the process, IP, research, factories, etc... that build that product and that help progress our tech. I want to check 2 or 3 different companies and compare their tech and see which one has more potential and put money on it. For example Intel vs Apple when it comes to processors makes me go for Apple because long term I think CISC based processors are worse than RISC.

Consumers call investors like me crazy and "cheap", but it's just that I don't want to spend money on things I don't really need, I would rather buy the companies that produce those things.

Maybe I'm also a consumer, I just consume buying assets/companies.

#leofinance #money #investing #finance

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I saw it described this way when it comes to the governing tokens of DEX's: why own a crypto when you can own a piece of the DEX? Why own CDs or cash in accounts when you can own the bank?

Exactly! Especially the cash in accounts part, "people who store their value in fiat we got a word for them, we call them poor" 😂 Saylor