Not having enough money to invest.. Whether you
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Posted On: 11/20/2017 10:22:49 AM
Not having enough money to invest..
Whether youre young or old, many of us simply are not millionaires. We want to be.. but are not.
In fact, only .03% of Americans can say they are millionaires. Here is one fact i have learned over the years which may help you:
Millionaires live like they are poor. Poor people live like they are rich.
Warren Buffett is a billionaire and still lives in his house he bought for $31,500 in 1958. You think thats just because hes cheap or that he made his billions by chance?
Now dont get me wrong, many rich people live rich lives; cars, houses, boats, toys, etc. But, its not surprising that many of us may live next door to very wealthy people yet we'll never know it simply because these people know how to live within their means and dont flaunt their money.
If you earn after tax $30,000 a year, yet you have a brand new car, the best sneakers, eat only organic foods, have 4 pets, have a $100 a month gym membership.. yet you cant seem to make $1 profit investing.. you need to get your priorities straight.
if youre happy with your lifestyle, then dont change a thing. But again, if you live like youre rich, yet youre really not wealthy.. why are you doing it in the first place? Most people do this in order to keep up an appearance. But the fact is, appearing wealthy when we are not only adds to our debt problems.
Did you know 73% of Americans will DIE with debt? 1 in 3 cant support their lifestyle, yet continue to live fancy lives. there is a high probability your neighbor to your left or right, who always has a new lawnmower and the best cars.. cant afford it.
Start living within your means. Ive been investing for years, have done pretty well, and buy my jeans at the Salvation Army.. no joke. I actually do this. Kohls sells men's brand name Levi jeans for $98. 98 DOLLARS!
My salvation army jeans cost $3, are already broken in, wont fade or shrink because they already did that years ago. They have no stains, no holes, and look like theyre about 2 years old. I saved $95.98 on a pair of jeans. All i do is put them in a garbage bag, bring them home, run them in the dryer for 25 minutes to kill any possible bugs running around in them, wash them, and Pow! New jeans.
I can now invest that money in a stock @ .01. Thats 9,598 shares. Ill sell those shares @ .05 = $479 minus $119 in tax = $350 pure profit.
Would you rather have $98 jeans or $350 in the pocket of your $3 jeans? You decide.
You dont have to spend $10,000 on investing equipment like this to make money:
Go to BestBuy or whereever you shop, and buy a laptop for $150 - $200. If youre reading this, you already have a laptop so dont need one. If you cant afford a laptop, do your DD and investing at the public library. FREE!
Simply put, if youre the average hardworking woman or man trying to make ends meet, and you want to learn to invest.. FIRST learn
Start here:
~~The Investing Cheat Sheet~~
https://investorshangout.com/post/view?id=4652317
..and THEN invest small.
Learn what it feels like to invest $10, and then sell for capital gains and have $20 profit. From there, learn to make $40, then $400, then $4000, then $400,000.
It IS possible to make money investing. Ignore the noise. First learn, then invest. Dont invest more than you can afford to lose.
The best investment right now in my opinion for those starting out with limited funds in XRPUSD (ripple). Its not a stock, but has a better chance (my opnion) of earning capital gains then buying into a random pennystock and hoping for the best.
https://investorshangout.com/XRP--USD-Ripple-XRPUSD-92154/
Good luck.
Not investment advice
Whether youre young or old, many of us simply are not millionaires. We want to be.. but are not.
In fact, only .03% of Americans can say they are millionaires. Here is one fact i have learned over the years which may help you:
Millionaires live like they are poor. Poor people live like they are rich.
Warren Buffett is a billionaire and still lives in his house he bought for $31,500 in 1958. You think thats just because hes cheap or that he made his billions by chance?
Now dont get me wrong, many rich people live rich lives; cars, houses, boats, toys, etc. But, its not surprising that many of us may live next door to very wealthy people yet we'll never know it simply because these people know how to live within their means and dont flaunt their money.
If you earn after tax $30,000 a year, yet you have a brand new car, the best sneakers, eat only organic foods, have 4 pets, have a $100 a month gym membership.. yet you cant seem to make $1 profit investing.. you need to get your priorities straight.
if youre happy with your lifestyle, then dont change a thing. But again, if you live like youre rich, yet youre really not wealthy.. why are you doing it in the first place? Most people do this in order to keep up an appearance. But the fact is, appearing wealthy when we are not only adds to our debt problems.
Did you know 73% of Americans will DIE with debt? 1 in 3 cant support their lifestyle, yet continue to live fancy lives. there is a high probability your neighbor to your left or right, who always has a new lawnmower and the best cars.. cant afford it.
Start living within your means. Ive been investing for years, have done pretty well, and buy my jeans at the Salvation Army.. no joke. I actually do this. Kohls sells men's brand name Levi jeans for $98. 98 DOLLARS!
My salvation army jeans cost $3, are already broken in, wont fade or shrink because they already did that years ago. They have no stains, no holes, and look like theyre about 2 years old. I saved $95.98 on a pair of jeans. All i do is put them in a garbage bag, bring them home, run them in the dryer for 25 minutes to kill any possible bugs running around in them, wash them, and Pow! New jeans.
I can now invest that money in a stock @ .01. Thats 9,598 shares. Ill sell those shares @ .05 = $479 minus $119 in tax = $350 pure profit.
Would you rather have $98 jeans or $350 in the pocket of your $3 jeans? You decide.
You dont have to spend $10,000 on investing equipment like this to make money:
Go to BestBuy or whereever you shop, and buy a laptop for $150 - $200. If youre reading this, you already have a laptop so dont need one. If you cant afford a laptop, do your DD and investing at the public library. FREE!
Simply put, if youre the average hardworking woman or man trying to make ends meet, and you want to learn to invest.. FIRST learn
Start here:
~~The Investing Cheat Sheet~~
https://investorshangout.com/post/view?id=4652317
..and THEN invest small.
Learn what it feels like to invest $10, and then sell for capital gains and have $20 profit. From there, learn to make $40, then $400, then $4000, then $400,000.
It IS possible to make money investing. Ignore the noise. First learn, then invest. Dont invest more than you can afford to lose.
The best investment right now in my opinion for those starting out with limited funds in XRPUSD (ripple). Its not a stock, but has a better chance (my opnion) of earning capital gains then buying into a random pennystock and hoping for the best.
https://investorshangout.com/XRP--USD-Ripple-XRPUSD-92154/
Good luck.
Not investment advice
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
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Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
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ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
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My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
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Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
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The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
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