It’s easy to think getting rich comes down to luck, connections, or simply working harder. But the real game-changer lies in your mindset. Without understanding how investments work, you’re likely to lose money in the market. Jumping into a business without knowing the risks and challenges often leads to failure. Your ability to spot opportunities and sidestep traps is directly tied to how much you know. The more you grow your understanding, the more you unlock the potential for wealth.
Economy situations are always subjective either by individual or by countries. There are people that with their s.all level of understanding, they have became someone. This doesn't applied in many people. I know some that bought Tesla shares around 2019, this is a guy that was clueless about stock market and had some money to put into investment and after some little research, he pour in some money and the guys was lucky he did.
However, me that claimed to know about Tesla couldn't even make money on investment the way he did with Tesla because I wasn't expecting such quick growth from the company despite knowing them as a bad ass, the company is now worth tillinons of dollars by valuation and this dude was lucky to be among the people that made it through while I'm here kissing my Bitcoin. Not bad but I'm dis-validating your subject.