Micro-investment means investing a very small amount. However, as opposed to investing a bulk amount all at once, you make regular investments for a long time. This is something like you invest $5 per week for many years and you continue to invest without taking out your profits. Do you think micro-investment can actually help you grow rich in the long run? Do you see any worth of micro-investment?
Can You Become Rich Through Micro Investment
- Thread starter nomad
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They say you make money work for you if you want to be wealthy. That means you need to invest a lot if you want to earn more. Small amounts won't add up to much even if you do it religiously. Maximizing your investment will make you rich faster.
That's right I agree with you. I think these micro-investments are almost similar to low-interest savings. I think it is difficult to get rich with micro-investments, even if it is possible it will take a very long time.
You can invest in many investment opportunities but it is very important to avoid scams. This also involves investing in HYIPs. I have invested money in HYIP and I received nothing except loss. There are many micro investment opportunities online. You could stake money as well.
If the reason is due to limited financial conditions, there is nothing wrong with investing there. However, make sure the place you invest is a trusted place so it is safe from fraud.
Off course yes. In fact most people have grown rich through investing in the micro-investments platforms. The small amounts build up with time and becomes a huge amount of money if left to accumulate and the profits reinvested instead of it being withdrawn.
I think that microinvest nets are unable to make one become rich. Nevertheless, these strategies are viable means for accumulating income that one can use to carry out various self-improvement activities.
We should thus not write off microinvestments.
We should thus not write off microinvestments.
I think that micro investment involves investing a limited amount of money. The fact of the matter remains that investing money in such kind of schemes could be profitable, depending on the nature of the investment scheme in the first place.
Yes, everything depends on the future of the asset in which you are investing, if the investment does not behave well in the future, the investment will not have served much regardless of the amount you have invested, that is why it is good to try to measure the risk as much as you can, have a good management of capital and diversify.
It is difficult to get rich with it but I also think that it will be reasonable if you have a lot of micro investments so that you can be making more money with it. Finding them is hard though
That's right I agree with you. Profits will usually always be balanced with existing risks. But I think if we work as employees and set aside part of our salary regularly for micro-investments, that's a good thing. Instead of him just spending money on something that is not important.
In my location, you can open an investment account with a bank and make investment with that account on a monthly basis. You may buy stocks or mutual funds. You don't have to invest a lot each month. I think this is a good way to accumulate and grow wealth.
