It's the process of making money and reinvest make money and reinvest.
If you made just some lucky 10x profit but you can't keep up your stradegy for the long term then you don't build any wealth.
If we talking about trading and you don't build wealth with starting capital of 50$ then you woun't do it with 1000,3000,5000 either.
If we talking about real estate , first you need to understood the " mortgage markets " If you make like 10 year Investment plan because you been told real estate always good Investment then it's gamble everything what you don't know about and can't control it's gamble. And gamblimg is not business so dont call yourself like investor or traders
You think by holding the gold,silver and you always stay in profit that kind of mindset it's gamble not investing.
You think inflation always goes up and money printers working always its also the gamble.
You need to know everything about the topic you deal with specially when money is involved.
2023 year Will be good year to teach you Lesson don't take nothing for granted but learn first how it works.
True. Investment without single loss is pure luck. Before we went that far with our investments we experienced losses it could be minor or that what makes us quit. 😅 Building wealth will surely be going a long long process before we can call it wealth. There is no shortcut. I actually was lucky way back 2017 for earning tens of thousands of dollars unfortunately, that luck did not last long and before that luck, I wasted effort and time just to come up with something just like a bubble that bursts. If you made just some lucky 10x profit but you can't keep up your stradegy for the long term then you don't build any wealth.
If we talking about trading and you don't build wealth with starting capital of 50$ then you woun't do it with 1000,3000,5000 either.
If we talking about real estate , first you need to understood the " mortgage markets " If you make like 10 year Investment plan because you been told real estate always good Investment then it's gamble everything what you don't know about and can't control it's gamble. And gamblimg is not business so dont call yourself like investor or traders
You think by holding the gold,silver and you always stay in profit that kind of mindset it's gamble not investing.
You think inflation always goes up and money printers working always its also the gamble.
You need to know everything about the topic you deal with specially when money is involved.
2023 year Will be good year to teach you Lesson don't take nothing for granted but learn first how it works.