You are viewing a single comment's thread from:RE: [INVESTOR] Am IView the full contexttimcliff (73)in #discussion • 7 years ago Is only setting 1% of your income aside each year enough to make any serious returns on investing?
Depends how long you have been investing?
10 years X 1% = 10%
10 family members X 1% = 10%
10 clients X 1% = 10%
By having a low 1% threshold to began to ask the question...
Would you miss 1% of your annual income IF it comes crashing down that year?
If the answer is NO, can you imagine how many more YEARS, FAMILY MEMBERS, and CLIENTS this begins to add up to?
The hard part after that is to CONVINCE them NOT to do more than 1% a year...
MOAR YEARS MOAR FAMILY MOAR CLIENTS = MOOOAAARRR..RETURNS...FOR EVERYONE!!! :)))
Minimizing RISK is KEY and MORE IMPORTANT, would you agree?
Well if you are only investing 1% a year, it would take a very long time to reach a point where you could live off your investment.
That's where [TRADING] comes into play if you so choose to Follow...
https://steemit.com/discussion/@cryptocrusaders/trader-i-am