Post
Topic
Board Economics
Re: Wealth without a business
by
Olatundespo
on 17/08/2025, 09:52:04 UTC
Money is expected to be used for an investment, once we have invested and done doing this, then we go later after using little part of it we earn to enjoy ourself and also do other things we ought to have done, we should not spend from our investment fund, instead, when we make profits, we should only spend little part of it and use the remaining to reinvest, because we are saving ourself form any further future challenge when we are investing then spending it.
The idea of investing is to make ourselves profitable and use it for however we can and for anything that we want to. But if the purpose is to stick on it for the long run, we have to make sure that money and fund that we've got shouldn't be recklessly spent. This is why some businessmen have gone in the business for having out of funds due to their reckless spending. And if you are the type of guy that came from nothing and you want to build wealth through your momentum in owning a business. This is your time and that's how you wise up with the money you get from it.
Profitability is the key but you will not always be able to stay with profitable projects if you are not in a long-term investment. Most projects will continue to drain your invested money and you will be forced to sell it at a loss. Long term investment does not guarantee that it will be profitable but proper consideration and planning can help you improve your investment outlook and you can learn to make wise decisions about which projects are right for you and which are not.

Even if you have an investment idea, you should focus on holding on to it for a while to increase the amount of profit rather than making a profit. That is why long term accumulation projects have a much higher chance of giving you high profits. People who start from scratch are more likely to behave properly with the capital invested and the profit from it because they have gained a lot of experience with in losses.