@Fexonice1
Wednesday question for you. Why do most people like a fixed salary than making investment to earn profits? Let's hear your thoughts!
@Fexonice1
@Fexonice1
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11 comments
Well, I do think that people prefer to have a fixed salary on a monthly basis because it sounds more stable than an investment. With a fixed salary, it already gives you an idea of what to expect every month and from there, it's easier to manage your money unlike to investments (crypto investments to be exact) knowing how volatile the market it, it's gonna be a thrilling one to deal with.
Stable but it's never enough to sustain most people for the month before another one comes. With fixed salary life seems fixed already, had you can only get paid 12 times in 365 days? By investment, I am talking about real world businesses and not just crypto like you mentioned. Earnings from investment gives flexibility in spending, and you are never afraid for tomorrow as long the business is already established.
It would be so much better if you have a fixed salary every month and a business to maintain at the same time. As the famous saying goes, do not put all your eggs into one basket.
That's right.
Personally for me fixed salary makes me secured to have my daily needs but Im glad I found read. Cash and othe platform to earn more. I hope to learn about investing soon but i am still wondering where to get money for investment
Well, though it makes people feel secured, the salaries are never enough to get by each month for most people. Even before halfway through the month, most people are already borrowing to survive the rest of the month until a new salary arrive.
Some people believe a fixed salary is much better than an investment because they believe an investment can go down the drain when something goes wrong but with a fixed salary, they know they will get their money even when they are owed.
Some people aren’t just good and they just want to go with the flow. Work, earn and build a family
Running and managing an investment can be stressful. It can be demanding and time consuming. Besides, if it’s a new business there is no guarantee that it will turn out well, so it’s a risky move which many are not willing to take.
No risk no reward. No matter the stress that may be involved in doing business, it's still the best way to make good money and possibly get wealthy. No one gets rich with salary.
I think that’s because it will be easier for them to know how much they are expecting and they’d make sure that their budget is around that price so it won’t surpass it