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Wealth is the result of a process you can start now

Having millions in your account is an outcome that has already started or can start when you decide.

By Dalmy AlvesPublished 3 years ago 3 min read
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Wealth is the result of a process you can start now
Photo by Morgan Housel on Unsplash

Everything has a beginning and in this beginning, the process begins and this process has an endpoint.

Wealth is achieved by respecting a process, some have had the privilege of being born into a financially rich family, but even this family had a beginning and I believe you know a family that has been moving towards this goal and has now achieved it.

But the question remains: why is it so hard to be rich?

Nobody is born rich, except for those who were born into rich families, but it turns out that it is something everyone wants and they think you can achieve it all of a sudden and that's not how it happens, there are some exceptions, there are people who win the lottery, some in-game betting and many examples I could mention here, but quickly acquired wealth is not always valued and consequently poorly managed.

But the wealth gained with hard work, time of the study, investments do indeed generate in us an ability to value money and not squander it around like there was no tomorrow.

It is for this and other reasons that being rich is so difficult, but we all managed to achieve it and I have some tips, as a result of what I have applied in my career as an investor.

Types of investments

The short term investment is the type of investment that normally investors depend on for immediate use, sometimes it works but other times it doesn't, it is the type of investment with 70 to 85% risk.

A long-term investment is the type of investment that investors usually don't need to use immediately, only those who are financially preparing for the future invest in the long term and that's how they become rich, it is not something that happens from water to wine (there are exceptions), 1-year investments with some interest percentages and among others that I could mention here.

One rule I've learned as an investor is: Do not invest money you'll need to use now.

You can start investing today, finding yourself rich in 2 years or 3, 4 and 5 years, it just depends on you but, you need to stop looking at the now, being immediate is not good, it will only be harmful to your life as an investor or as someone who wants financial freedom.

Dedicate yourself to the study of the most profitable markets and know what to invest and where to invest and the best market to invest in digital, it is on the internet you can read more about it here, even write on Vocal it is an investment... it is like sow you wait for this seed to sprout and grow, that's the whole story and articles here on Vocal.

Because in ancient times there were few methods to get rich, it was all standardized, but today with the advancement of the internet and technology we have the opportunity to get there too, today you can make money however you want, read more about it here.

Wealth is the result of a process that you can start now, it only depends on you, said a sage ''You are not guilty of being born into a poor family, but you will be guilty if you die poor''.

Wealth starts in the mentality, a mind that generates ideas that will bring you the money, a mind that when the money is in your hands will work for You, this is where wealth starts, having millions in your account is an outcome that has already started or can start when you decide.

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About the Creator

Dalmy Alves

I'm a young dreamer who seeks to make many dreams come true, one of them is to make a living from writing, I love to write about everything, including the things I love the most, so stay here, maybe you'll identify with me.

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