Quote from: Iranus on Today at 04:08:57 AM

Quote from: purple_sparkles on June 04, 2025, 03:53:10 PM

To invest wisely, knowledge is essential above all. The best investment is the one you make in yourself, in your education and skills. Without understanding the process, you’re more likely to lose money than make it. The world is changing rapidly, and to keep up, personal growth is a must. It’s incredibly valuable to have someone by your side who can teach you properly, whether it’s about investing or other ways to earn income. A good mentor can significantly speed up your journey toward financial growth and freedom. After all, knowledge is the foundation on which lasting wealth is built.

Agreed. Investment is an effective tool to fight inflation but that is only true when we have the right strategy and knowledge because investment is risky. Investment can increase our wealth, but it can also lead to loss and even bankruptcy.

To invest effectively and profitably, we need to invest properly by choosing the right assets, being patient and managing risks...and to do all of that requires knowledge.

Yes, knowledge is the key and foundation of everything.

Simply just that using our own common sense will be able to tell us that investment will be the only way that you can be able to fight inflation. On the moment that you do have that enough or more than buying power or having that income source. The only challenge on here is that in every investment then there would be certain factors on which you would be needing up to consider or need up to sacrifice on which usually it will be pertaining about money or simply with capital on which we know that not all will be that willing be that taking up such extra step whether they cant be able to bare up with the risks involved or simply doesnt have the capital for them to start on? or dont have any idea on what they are doing?. Actually it will be that only that having that only possible ways on beating up inflation but one of the main reasons on why people hesitated because they cant bare up with the risks involved with it but for those who do took up the risks and able to succeed then they are the ones who do able to resolved out that inflation. For those who hadnt been able to decide on touching up business or investment they do go into other option on which on having that more jobs or side incomes aside from their main job. On the time that they do able to do so and instead that they would go into that investment/business path they would rather go into searching up for other ways or methods like taking up some side hustle for them to be able to earn up more and could be able to survive. We do know that our economic state becoming shit as years passing by and if you do saw that your income isnt that enough anymore into your daily living, then its just right that you should be finding up another ways for you to earn more, specially if you do raise your own family then it will be that so crucial.