In third world countries, it is believed that they are poor people who live there and they live below a dollar. These people are regarded as being poor and their countries are either regarded as underdeveloped or developing countries so it is believed that they are poor. It is not a news that in this countries old people do menial jobs just to make a living but in this same countries there are billionaires in dollars who live in luxury and enjoy the good of life. What makes the difference between the both parties is investment.
Image creditstatic-news.moneycontrol.com
Investment As A Necessity.
Investing is a game of risk and it is a game that can not be neglected. Everyone investing something somewhere knows it is a game of risk and risk are meant to be taking most especially when they will be leading to good results at the end. Investing is a risk that must be taken since it has good rewards most times but it is very stressful and most people cannot start investing in anything or anyone as it is very difficult.
Investing In Yourself
You cannot go beyond your knowledge and you can only go as far as you can see. Knowledge is one thing that successful business men seek for everyday. Growing oneself in terms of reading, researches and experiments help the human mind grow which is a way of investing in ourselves.
Investing At The Early Age
One mistake to never make is starting investment at an old age, although there is no time to late to start investing but starting early means reaping at a early age. Learning to trade commodities at a young age and starting a small business is a way to start investing. It is better to start investing at a younger age, when you do not have a family because you can be able to channel the money to the right places but when you have a family, you have a responsibility to more people. Start learning about stocks, bonds, real-estates, business, natural resources and all. Invest from a young age and get more result
I completely agreed with your three points. I believe investing at an early age too.
Nice write-up
I agree with your points. In addition: Investing at early age will also increase the 'compound-interest effect' in the long run.
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