I really think schools and colleges should teach investing because it's a crucial topic for building wealth and achieving financial freedom.
Take Warren Buffett, for instance. He's a living billionaire and a perfect example that investing is key to wealth creation. Just think about it: he started investing at 11 and has kept it up until now at 95. You don’t see that every day, and his experience has really helped him grow his wealth through the magic of compounding.
Sure, investing can lead to wealth, but it's not as straightforward as it looks. You need to develop patience, especially when the market takes a dip and your portfolio isn’t doing great. It’s all about holding on for the long haul until you see those profits. What do you all think? Do you agree that investing is the solid foundation for wealth?
Well if I may say yeah they do teach investment in schools but not as a subject, just a topic under economics or commerce. That said when we talk about the word investment, indeed there are many kinds of investment. As long as, as time goes the price of the asset continues to increase in value indeed you can call it an investment. But then the investment you are referring to is a digital asset like Bitcoin, which if I may say it's actually the best way to grow wealth depending on the person's financial understanding of the asset ...
Overall wealth can be created in many ways apart from investing. Like traders make their money daily even if they often pass through losses there are still many wealthy traders. That's why for me I like to believe that investment requires more than just money it indeed requires you to be consistent That goes for all businesses including trading. So that's just it anything can be someone's bedrock of wealth creation. It all depends on the person's choice, understanding, willingness, patience, and the ability to only take calculated risk . That's all.
schools dont teach us to be investors or businessmen they teach us to be employers thats usually what we study for or what we train for its rare for kids to say they dream of having their own businesses or companies
Recognising investment as a topic or subject of its own would have been a very good option as it is the foundation to financial stability, having a salary earning job is good but cannot afford to be helpful the same way constant investment could do to the same individual. All successful and wealthy people on earth are good investors in different fields who's primary success of wealth is gotten from different investment activities, which means is supposed to be by every body that wants to eliminate poverty in his life.
Of course it's worth it. After all, this has been written about constantly, even in the oldest books on investing, but can anyone convince lawmakers that such lessons should really be funded in schools? Yes, it would develop young people's investment instincts and boost their financial literacy, but lawmakers will see this as a risk, and nothing more. The fact is, they won't find the right teachers for the subject, because top-notch investors won't want to get involved. And so it turns out that young people interested in investing will be left to rely on their own resources.
Business as usual. Natural selection.
I agree with the title.
I agree with the first part of the sentence, but get rid of that obsession with financial freedom once and for all. Buffet, whom you cite as an example, do you know what he did every day after achieving financial freedom? He went to work.
In Buffett's case, it was not only important to start early, but also to live long, as he generated 95% of his wealth after the age of 65.
See this graph.
That's right, the vast majority of times slow and steady wins the race.
Nothing good is easy to start with and so, while investing or setting out your investment plan, part of the things you should know is that the journey is never going to be a linear one that is smooth and void of any form of challenges. if you are privileged to start investing at a tender age, doing so with a small amount can be the way to start and remaining consistent at it till you have built a robust portfolio that grows in the long run now gives you a sense of calmness that you are actually headed the right direction.
There are a lot of profitable things one can invest into and sometimes, you do not need to focus all your investment in bitcoin. some small opportunities you see around you can in their way help build your wealth into something that stands to help you in the future.
There are courses and studies for each thing, a school or college won't teach a student business-related stuff if they are there for medical education, for this reason, subjects such as business and commerce and business schools and colleges exist so that students interested in these things could get the opportunity to study about them and understand them to the core before they get into them practically. So it's obviously not possible for every subject to include these things and not every person will be interested to learn about these things at that level.
Coming back to the actual subject of investments being the bedrock of wealth, I agree and disagree at the same time, because I believe that investments could help you increase your wealth, but the ratio of investments being so successful that it makes the person wealthy is pretty low, and businesses take the lead when it comes to this area. A business will have a higher success rate in making you wealthy over time as long as it's maintained and run very well.
Investing in its broadest sense? Yeah, it's the bedrock of wealth creation. That includes investing in yourself like getting a good education, developing skills, mastering them, and so on.
Investing in the sense of what Warren Buffet does? Not necessarily. It takes a special kind of man. Many of us have known investment for decades yet we're too far from being a Warren Buffet today. So, it's not investment per se. It's certainly more than that. Investment alone doesn't necessarily make you rich. In the crypto market alone, many invested in promising projects. Most of them failed.
Agree with your first point, that investing should be thought in schools and in colleges. Because it have come to my knowledge that most people graduate without understanding simple money management, investing and compounding all together. And this are critical life skills people are suppose to learn in schools and in colleges before graduation, So teaching investing in schools and in colleges can help students make informed financial decisions early.
Secondly someone can create wealth through Investing, because money grows through returns. Let's assume you invest in asset like bitcoin, or stock or bonds even real estate or mutual fund your money will earn returns, either through dividends, or interest or through price appreciation. And over time this growth add up, that's why I have to agree with you that someone can create wealth through Investment, but not as easy as we think it is.
Investing is already taught in schools, but investing alone will not make it work. You have to invest in yourself first and enhance all your potentials, mentally, emotionally and physically so that when you start investing in a real asset, you know already how to navigate it the positive way.
Moreover, wealth creation is not done through investing alone, but rather its a process of consistent saving, investing, and smart financial decisions, along with patience, discipline and clear plans and goal. So investing the bed rock of wealth is never easy but tough and even complex.
We must invest some good resources that includes human and monetary and time resources in order to reap good returns.
A farmer that has a piece of land will continue to see the land as barren, until he/she goes ahead to clear it, and plant seeds that would germinate to produce sellable products and thus have enough of other needed resources to keep on living life.
Same analogy applies to wealth creation and return on investment. Always do your research first.
Investments are a very important part of the financial world, in addition to what you mentioned, investments are useful for holding the value of our money from inflation as well as additional income where you still have a salary from work plus you also have income from the investments you make, this is very effective for building wealth, people who have investments are smart people who always delay pleasure at the beginning that's how they get finances that can support them in old age.
Being the most important requirement after knowing that, is the location of the investment that we must do, assets such as bitcoin must be a priority part for today.
Investing is not about getting rich, but about saving or as a solution to achieving financial freedom. Investing is not something that must be done, but keeping it in mind is recommended.
Everyone should at least know the purpose of investing and how to do it, because not everyone has the money to invest.
If the importance of investing needs to be emphasized in schools and universities, I strongly agree that it should be a focus because students will learn the patterns of investing that are taught there.
I agree that investing is a means to achieve financial freedom.
Are you talking about financial investment or investment in general? I would disagree if you only talked about investing in financial product like gold and bitcoin and claimed they were the foundation of wealth. Because the vast majority of the world's wealthiest people today did not become rich simply by buying and holding those asset. They became wealthy by investing in people, skill, businesses, and creating real value.
Warren is one of the few billionaires who made his fortune through financial assets. But he is different from us, he doesnt just buy and hold, waiting for price to rise to get rich. If I remember correctly, he owns Berkshire Hathaway, a diversified investment conglomerate
He is a role model, but do not be naive to think we will be able to easily replicate his success.
For sure no body has actually built wealth without investment and no nation of the world can grow healthy without investment. Most of the well know rich people (well known as per source of their income and their name/person also) are living examples just like warren Buffett mentioned.
Reconfiguring academic studies to not only teach economics as it has done to bringing it to a detailed studies of investment as per students personal development will not only help the individual but help the nation and humanity entirely. However the age range mentioned (11 year ) is not healthy. At that stage of life, I believe there are proper ways of doing that not by direct engagement into investment but by indirectly participate like in family business, apprenticeship or what's your view? Money has a way of fvckin people up at that stage they might misunderstand money. But this doesn't in anyway affect or should not affect the infant grooming on investment.
I do not want to think of investing as a way to get rich or create wealth. Investing is my way to improve my financial situation in old age, and to be disciplined with money. Without thinking about investing, it is difficult for us to be disciplined financially, because thinking about investing makes us manage many things, such as how much can be spent and so on.
To become successful in life, you need to sacrifice, be patient, stay focused, be consistent in whatever you are doing and have positive goal so that you wouldn't give up on your goal no matter the challenges you will face. Wealth isn't acquired in a day but over a long period of time. Look at Warren Buffet, he didn't give up and became successful at the right time.
Bitcoin investment is the same and for those that are not rich enough to set up other investments, you can learn from Warren Buffet that patient and long-term bitcoin accumulation pays off than being in a rush to take profit. Nobody will teach you how to make money in school if not your teachers will be rich business people if they know how to become wealthy.
Investing is not for everyone; it's for those who can take on the challenge, are passionate about exploring different ventures, can conduct extensive analysis, and, most of all, have an insight into what will work and what won't.
It's probably the most rewarding of all ventures. People want to finish college so they can get a job, but those who want to invest never stop after school; they keep studying, launch a business, and invest in new ventures.
Mastering the art of investing is the key to an endless flow of wealth. Check out the 1000 richest people in the world, and they are involved in investing.
Yes, of course, investing is one way to increase our financial wealth and achieve financial freedom. In fact, investing is also discussed in high school economics classes. However, I'm not sure about other subjects. Maybe it is discussed, but only briefly. And I doubt that schools teach it in detail. But investing is something that really needs to be taught. Unfortunately, in our schools, we are taught more about the importance of saving from elementary school onwards, rather than the importance of investing. Perhaps this is because elementary school teachers don't want to teach risk-taking. But in reality, saving itself carries an unavoidable risk, namely the impact of inflation if savings are kept in fiat currency.