Post
Topic
Board Economics
Re: How to developed your capital
by
dothebeats
on 07/09/2023, 06:50:23 UTC

Now we should try this simple steps in developing capital either in savings, capital market or investment it's all same principle....
1. Don't spend more than you earn it kills capital through lack of wisdom
2. Development an attitude of reserving "spend and save in quote"
3. Read books on financial market and its products
4. Learn to engaged in investment
5. Be curious about things and ask a lot of questions
6. Don't underrated any money with you, no matter how small it is...its always have value towards something
7. Admire other people success and think where you're going too.
8. Save, invest and take good care of your health.
 
not sure here if you are truly mean that , SIMPLE STEPS? do you really understand how hard to follow those?
maybe one or two is simple but following everything is truly hard.

Quote
I hope this is helpful?
that really help if being followed , but I doubt that people can complete all of those.

I believe OP isn't fully telling us that we should follow all of these steps simultaneously. We all have different statuses and situations so some steps are easier than others and I'm sure we all understand that. Moreover, let us not forget that OP is only sharing bits of advice and opinions that anyone is free to follow or ignore. It is a demand or order that we have to do as OP has no control over that so let us not be rude about stating that OP does not fully understand his/her post. Contrary to your reply, some members have already replied stating that OP's post is a good reminder for them on what to do and not to do, and they didn't even have to follow all of those steps, all they needed to do was to read OP's post and that is about it. Moreover, personally, OP's suggested steps aren't even that hard, if you think about most, if not all, of those steps are connected to our own mindset and attitude. OP's not asking you to save and invest 50% of your income, he/she is just suggesting a change of attitude and mindset towards savings, spending, and investing. Lastly, those suggested steps aren't even new, a lot of members in this forum (if you look at their replies) are even already applying that long before this post and they are even sharing their own experience as they do those things.

Let us be more understanding of each post and comprehend each sentences better before we make any comments please Smiley