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RE: Vlog 235: Investing in consumers goods + Waiting for the markets to choose direction.
I love that simple practical approach to INVESTING!
The truth is that investing has MANY levels and for me I see that "simply" as making food at home. We make EPIC FEASTS at home which would cost HUNDREDS of dollars if we were to go to a Resturant as a group yet cost us almost nothing but a bit of time.
Then all that money we save we can INVEST in something else like CRYPTOS!!!
Well said, man!
Thanks!
Though all I am reiterating is what YOU said!
I have been living this way for 17 years and while I may not be the richest man in the world I haven't had to work for someone in 17 years and live an abundant, free and happy life!
That is in great deal to me considering the long term 'investment" of life it self. Most people spend most of their money on food, rent or "haircuts" the basics of life and then have little to leverage/invest and don't go anywhere because all their money is spent by the time they make it!
Thanks for sharing this simple example as it is actually MORE important to most normal folks as most normal folks don't have 1k to invest in cryptos.
Though when they SAVE 1k from SPENDING it then they can INVEST it!
I totally concur with you that investment is just the best thing one can ever make do with his cash. I'm going to relate this to a particular book I read titled "Rich Dad, Poor dad". You might have millions of dollars in your hand and if you don't know how to invest it, then I can certainly say you are a "poor dad" because your future is not guaranteed without investment and if someone else who has just a hundred dollars invest it very well, then he's quite good as being rich.
Investment is the key to a brighter future.
I just make a post.. Please upvote https://steemit.com/poetry/@dtwo/imagination