Quote from: Proty on Today at 08:31:14 AM

Quote from: gunhell16 on Today at 06:29:52 AM

Quote from: SmartGold01 on May 11, 2025, 08:42:37 PM

I wouldn't want to create a very lengthy topic to post as I don't see any reason for doing so..
So I was thinking something tonight that everyone or anyone who succeeded or becoming wealthy today do they really succeed through investments?

If yes, then how many people around you becoming wealthy through investments?

In my opinion, the majority of people who were successful today started from personal skill or self development, after which before they started investments.

What Is your thoughts over this?

If your parents are wealthy and you were born into a rich family, you don't need to invest to become rich because you already have a wealthy family. And I'm sure most people know this.

But if you're not wealthy and you want to improve your life, you need to find an investment opportunity to get ahead of life's difficulties. Some people will invest in traditional
businesses they are familiar with, while others might go into the crypto space if they have the knowledge and ideas—it all depends on the individual.

I have seen people who inherited wealth from there parents and later became poor in the future due to mismanagement of funds. So whether one is from wealthy or poor family background, they need investment because inherited wealth is quite different from wealth self made wealth. The tendency of being able to maintain self made is high compared to wealth inherited from parents. To crown it all , the fact that one is born into a poor home or rich home doesn't mean the person will be poor or rich. The only way I believe wealth can be made is through investment.

You are right there is more value placed at a self wealth compared to an inherited wealth including it's maintenance and security, your post reminds me of a family who's father left a housing inheritance more like an estate, the interest of the children was more on the money they kept getting from the tenant and forget that it is also their responsibility to ensure that there is enough to do when it comes to maintenance as well as security which they failed to recognize and do the needful, a building of how many years ago will need maintenance if not it there will be damages and that's exactly what happens and those staying there now may not have a choice and if nothing is done in future time that inheritance will be no more which is wrong.