Alt Number 3
Kraken
- Joined
- Oct 31, 2019
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Is it easier to make more money with a large starting capital? What are the ways? For the love of god please no real estate lmfao.
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Yeah but I would have to research so much and only go for the long run : 10 years or more. Trading is a no go since I’m not nearly as smart as the others who do that shit. Thanks for the inputInvesting in stock is a good start
People that bought bitcoin lucked out.Yeah but I would have to research so much and only go for the long run : 10 years or more. Trading is a no go since I’m not nearly as smart as the others who do that shit. Thanks for the input
U have 1 million ?Is it easier to make more money with a large starting capital? What are the ways? For the love of god please no real estate lmfao.
Yeah the few that bought bitcoin early are lucky af. Luck is really important. Even if you do thorough research and analysis, the company might rank in the end. But the rewards are worth it. Also you have to look into many startups and decide if it deserves your money. For every startup that succeed there’s tens of thousands that failPeople that bought bitcoin lucked out.
I guess it's a matter of luck.
If I had a million I would invest in an up and coming company. Usually those small companies that are catering to a big crowd (such as glass business) is a good thing to invest in
Zimbabwe dollarsU have 1 million ?
Yeah it all comes down to luck. So many people invest in shit that they think will give them a good profit but they ultimately fail. It's kinda like genetic lottery -- Chad wins out of luckYeah the few that bought bitcoin early are lucky af. Luck is really important. Even if you do thorough research and analysis, the company might rank in the end. But the rewards are worth it. Also you have to look into many startups and decide if it deserves your money. For every startup that succeed there’s tens of thousands that fail
Zimbabwe dollars
Imo the best way to do it (so far I’ve learnt) is to look at how the actual company is doing/ and if it’s future looks bright (good management, room for expansion etc). And then you can invest in the companies stock. That’s the way I see it idkYeah it all comes down to luck. So many people invest in shit that they think will give them a good profit but they ultimately fail. It's kinda like genetic lottery -- Chad wins out of luck
Good way to look at it. High IQImo the best way to do it (so far I’ve learnt) is to look at how the actual company is doing/ and if it’s future looks bright (good management, room for expansion etc). And then you can invest in the companies stock. That’s the way I see it idk
Apparently that how warren buffet did it. It was much easier back in the day to actually meet up with ceo’s and discuss their companies future and then he could choose whether to invest or not but he had to read the books/cash flow manually since no internet I guessGood way to look at it. High IQ
This is the best oneBet it all on black,lose then go rope
Just buying an index. That does 5% per year on average.Is it easier to make more money with a large starting capital? What are the ways? For the love of god please no real estate lmfao.
Indexes are cool, but I think there’s a bubble. Everyone buys the index which hold hundreds of companies.. but no one is actually individually buying the stock of the companies themselves. Indexes were a great buy during 2008-2010, now I’m not so sure. Thanks for your detailed input and I hope I can be proven wrongJust buying an index. That does 5% per year on average.
It will take 15 years to double it to 2 million.
An index is the only easy thing.
If you wanna aim for higher returns. Then trown easy out of the window. It will be hard work then.
The quickest way I see people duild extra wealth. Is through company ownership, in which thet have shares and influences. And work their balls of to grow the business, and motivate the workers.
That's maybe also the quickest way, you can may 1 million into 10 million.
Buy businesses, that make like 100.000 per year profit. Buy it for like 300.000 if you can. You earn back you investment in 3 years. But should also aim and hopefully manage to pump up the business in 5 years time to like 250.000 per year profit. Then your 300.000 investment will have given you at least 500.000 in profit returns and you should be able to seel it then after 5 years for 750.000. Aka, turining 300.000 into 1.25 million in 5 years time. about 35%-40%return on the investment. One needs to work their balls of then though, because need to fire people, and need to find and hire talented people, and motivate, and chieck if the business is doing well or not, and make changes, and so on.
Yeah its easier to make money if you have some already and you're smart obviouslyBump for information
Also @Moneymaxxed
Yes. It’s significantly easier, in fact. I’m willing to be It’d be easier turn 1m into 10m rather than 0 into 1m. Even though there’s a 9m difference.Is it easier to make more money with a large starting capital?
Legit. It becomes easier to make money when you get more money since your competition get much smallerYes. It’s significantly easier, in fact. I’m willing to be It’d be easier turn 1m into 10m rather than 0 into 1m. Even though there’s a 9m difference.
all on green babyIs it easier to make more money with a large starting capital? What are the ways? For the love of god please no real estate lmfao.
People that bought bitcoin lucked out.
I guess it's a matter of luck.
If I had a million I would invest in an up and coming company. Usually those small companies that are catering to a big crowd (such as glass business) is a good thing to invest in