@Porwest
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We are all into making money. That's why we are here of course. But one area that gets overlooked in this crypto community is the stock market. Here are just a few thoughts I have on why I think it is not a good idea to forget about a market in which 90% of all wealth creation is actually made, and here and are the top 5 dividend players I hold in my portfolio which present a small illustration of being invested. https://read.cash/@Porwest/my-5-top-dividend-plays-c2ca71bd
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Yeah I am here also making money.. I have a honest purpose to stay here that is learning English and practicing English.. I am weak in English learning that's why using this site as my learning English purpose
I love this phrase you made here. "This is not to say forget about crypto. What it is to say is don't forget about the stock market. If you really want to build wealth, investing in businesses that make and sell the things you ultimately want to buy with crypto just makes sense" But what if the company should fold, without you being able to earn up to your capital back? And stocks requires huge money to invest to yield better income. Where do you expect a normal job to get millions or thousands of bucks to make something out of the stick market or invest and starve while waiting for a potential stock. This is where the option of trading comes in, need I remind you there are people making millions everyday on forex.
You are missing the fundamental basics of wealth creation and wealth building. Also, it is important to invest in fundamentally sound companies—sure, you can get it wrong sometimes. But overall, if one does their due diligence getting it right is more likely. It is also patently false that it requires a lot of money necessarily to build wealth. It simply takes time, due diligence, patience, strategy, and know-how. There are also a multitude of ways to make money in the stock market. Most just simply buy and hold. But that's not the only way to do it. As for forex millionaires, sure. There are of course people making a lot of money. But the bulk majority of the richest people are not. They are investing in businesses. I am not dissing forex anymore than I am dissing crypto. I just think that the stock market should be a slice of the overall pie when it comes to building and holding onto wealth. Forex is also 10x more riskier than the stock market, and I would not recommend it to anyone without a full and extensive understanding of investing and how markets work. As for expecting people with normal jobs to be able to invest? I have done it, and the proof is in my bank account.
Everyone earns some income from here. I hope you make a good income. Take care of yourself Good night
It's not a living, but I am not complaining. 😁