Before going into full details, let's consider this, it is wise and smart not to work for money, but to find ways to make money work for you. Creating wealth is not actually in the amount of money you earn, but it's in your consciousness and what you do with the money that comes into your hands, especially on regular basis. Now, let's see the different meanings of Investment.
1. An investment is the action or process of investing money for profit:
2. A thing that is worth buying because it may be profitable or useful in the future:
3. An act of devoting time, effort, or energy to a particular undertaking with the expectation of a worthwhile result: (by and large.)
3. An act of devoting time, effort, or energy to a particular undertaking with the expectation of a worthwhile result: (by and large.)
4. The time spent in attending the seminar or conference is an investment in our professional (carrier or) future. These are all the dictionary definition(s) of Investment. Therefore, In a nutshell, Investment is simply sending money an errand to go forth and bring more value, either in cash or kind.
Consequently, for your investments to be successful, you are required to have some basic tools to enhance it, if not you may end up regretting your efforts.There is a saying that all that glitters isn't gold!
The word Investment has been so bastardized these days, some people are even afraid of it instead of embracing it gladly. Why? Because of the negative experience (s) that befell them in the name of Investments. This is the reason you need to know what core and real Investments are and how to succeed in them. To do that successfully, you need tools to guide you.
Right knowledge and information is what you need. Because knowledge, information and experience are better tools for right decision making, than blind trust on any broker or individual when you are engaging in an investment of any kind. For instance, If you are looking for gold, you must know the real or original gold, else someone may give you a shining stone in its place and you will take it because you can't differentiate between the two.
Knowledge will help you to know the real Investments from the fake ones. And right information will guide you through the ups and downs of Investments. Now let me state clearly, any Investment that is not well regulated or defined by a competent body isn't a proper and safe Investments.They may look like it, but they aren't, as far as I'm concerned.
My focus is on the well regulated or defined Investment vehicles for wealth creation. Practiced for ages and have been found to stand the test of time. And not those still on the testing labs/stage for now. What are those real Investment vehicles, you may be asking. Here they are, Business Enterprise, Farming, Real estate, Shares, Metal properties, Patents, Money asset instruments, etc.
They are the top or major investment vehicles for creating wealth, so I advise you to focus on them, because they are well regulated and defined; the world over and have proven themselves and have stood the test of time. Invariably when I harp on Investments on this platform, they are the ones I'm referring to; but more especially, Investment in the stock market.
Please take note. Then you ask, what of Forex, bitcoins, cryptocurrency, the internet farming schemes and their likes. Please are they well regulated and defined; if yes, fine and good. Then go ahead, if you can be able to dance it's music. But if you can't, run with your dear money. To avoid had I known.
Furthermore, you may still want to find out about, pools, sports betting, casinos and Ponzi schemes and all manner of things, calling itself Investments today.
Are they not Investments too, you say; after all they have been used by some people to become millionaire's and even billionaires. My dear, my simple and honest answer is, they are not. They are simply gambling and in gambling, you may win or lose. And if you lose, all your money invested is gone.
Be vigilant, Stay relevant and woke, Infact the need to really differentiate between the core Investments vehicles and others that look like it, turn from ignorance to knowledge. And not to deceive or lead anyone astray. Therefore, I do not desire any of us to regret his or her involvement in the Investment world. Please invest, but learn how to do it intelligently, because it is the easiest way to make your money work for you, even while you are sleeping. But be wise about it.
So let me conclude by saying; get rich quick schemes of any kind, aren't Investments, they can be regarded as gambling. Make sure that the Investment(s) you are involving your money into, is well regulated and defined. If not, leave it. Unless you want to gamble with your hard earned money.
Real Investments must have a future. It may go down in value today, yet it has the potential to rise tomorrow. That's why I don't get perturbed when the value of my shares go down. But I am careful when selling.
Real Investments must have a future. It may go down in value today, yet it has the potential to rise tomorrow. That's why I don't get perturbed when the value of my shares go down. But I am careful when selling.
That goes to show that real Investment, requires time, consistent efforts, patience, perseverance, knowledge, etc to nature and for it to yield real fruits or good results over time. And for you and I to have this good results, we need competent knowledge and right information(s) always. And this can only be done through books, articles, seminars, conferences, mentoring etc.
But if you aren't prepared for that or to arm yourself with the requisite knowledge and skills or strategies, then accept whatever you get from your investments. All the best, Don't fall for half baked truth. Have a nice weekend.
