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?
No one has ever been successful in investing without a source of income. For example, investing is a long-term investment, such as a period of 4 to 10 years. If a person does not have a source of income, then how can he wait for 4 to 10 years and get money to build his portfolio. Yes, if a person is very rich by inheritance, then it is possible for him. But for a common person, it is never possible.
To invest, you need a source of discretionary income through which you can continue to buy continuously. You have to buy continuously until you reach the goal of building your portfolio. After the portfolio goal is met, you have to wait until your time limit is over. Investing is a very big journey. A person can never invest continuously without a source of income and can never become rich by investing. To invest, you have to find a source of income.
Of course anyone who must last longer on their investments must have at least source of income or something that keeps generating money from them in order for their investments to yield something very meaningful, but when their targets is solely targeted on their investments they wouldn't waste time to pull off their investments to use.
Investment can only becomes successful when there is an additional income from other sources to sustain their needs and wants and of course multiple streams of income helps to make investments last much longer and be productive for the investors.