is wealth possible without investments

I don't wanna make this a super long thread since I don’t think it’s needed. Just had a thought tonight about the people who are doing well or getting rich these days. Did they really get there just by investing? If that’s the case, how many folks you know got rich through investments? Personally, I think most of the successful people I see started with their own skills or personal growth before they even thought about investing. What do you guys think?

The process of investment is capital intensive that is why most people will have to work and raise money so that they can invest having a skill will only make you to have money so you can afford the basic needs of life and not make you wealthy there is different between someone having money to spend any actually been wealthy wealth is having control of money and resources which will only come through investments and setting up of business The fact is without an investment the probability of anyone becoming wealthy will be low because looking at the top richest people in the world they are all investors not people that has one skill or the other you can only improve your self so that your mindset becomes renewed about investment

Before I go on the answer to your question is no, that people don't become wealthy through investment only, you because there are so many things that can guarantee one to make wealth but not necessarily from investment. Investment is just a profound remedy to one being successful but regardless it takes a lot for one to be wealthy.but aside this one can be wealthy through business and other means likewise skills is another medium as well and moreso being wealthy don't just come in a jiffy it's a gradual process and one twnd to start small and grow to make it big.

Wealth do not just come from investment alone. You can be wealthy from your high-paid salary, hereditary assets, or even gambling winnings as it will literally make you rich instantly. But the question is, how long can you keep your investment and make it grow? While some just use it without useful purposes, others are smart enough to develop another wealth from their first wealth, those are the people that know actually the real value of their wealth and how much potentials they will be able to produce in the long run.

Investment does not only happen when you take money to invest in a property with the hope of getting profit in return; the skill you talk about is also an investment. You invest in yourself to get a better future. From the skill you acquire and perfect, you can be able to raise up something, level up your idea and take it to another level; everyone has areas and their idea plans for wealth increase.

There is not only one factor to consider in becoming wealthy, it is so many, discipline is one of them that quite a lot of people fail to mention, learning from people who have become wealthy before you is also another one, etc. That said, if you want to become wealthy, you have to invest, but mind you that there are different types of investment, investing in yourself and your skills is one very important type of investment. Then you should also invest in appreciating assets and benefit from the magic of compound interest. It takes a lot to become wealthy, that is why you don't see rich individuals in every corner you look.

Investments don't make anyone rich, unless you got into Bitcoin right at the beginning or something like that. What truly builds wealth is work and creating value for people and for society. Then, after that, you use the capital multiplier called investing. I don't know any other honest way to get rich besides this,unless you're an heir, of course.

Some people were lucky enough to be born into wealth, as their family had already made all the investments they would have needed to make in life now, they had just been born to come and enjoy, talking about people born into huge trust funds. Such persons do not need any form of personal skill or self-development. Some of these persons are so lucky that they do not even need any skill in financial management to keep the wealth because the money is so much that they cannot spend it in one lifetime, so yes without direct investment there could still be some wealthy individuals.

Yeah you are right and people often talks about investment.. though people shouldn't miss quote me but as I didn't say investments doesn't bring wealth. The reason for this is that there are people who is that believe that immediately they invested onto Bitcoin they automatically become wealthy. Investment that doesn't have another stable income could be hard to make one someone successful, meaning before we think of investment we should look at out for what would give stable income or maybe as work where we could be receiving monthly income as not to stretch our investment too much. People can go into investments when they are financially stable and that investment most times often serves as a retirement plan which they could count or hope on.

Saving with investment in two different things, saving money never increases, the investment in the value of assets will increase, basically around me most of those who are rich in the form of investment, whether it's property assets or crypto assets, which is clearly the average wealth owned byinvestment. Yes, it was commonly done by most rich people, they initially as you said, after that from the results of their efforts to be set aside to invest.

Possible through inheritance and winning the lottery. But if it's the normal way of investing and grinding, this is the most favorable method of those that have become wealthy today. I agree about that. They have earned the money and gone through the struggle of how hard it is to grow money. And so with their skills, salary and other side hustles, they've used the money that they've earned from there to investments. Just like everyone who's into Bitcoin, those that have earned money through their sources and bought Bitcoin through it. It's a no brainer why many have made their fortune through it.

Investment comes after having to secure to a regular means of income. People can't be that Rich by starting investment for the first time without a proper business that they were working then after which they puts their dividends into investments which be their last options. From OP, investment is actually good but needs a propeller something that would easily pushed the money to flow on a consistent or constant basis.

Investment can make someone at least more sensitive to economic conditions and think about their future which of course refers to wealth but even if you don't invest then there are other things that can be done to get wealth which point in this case is we can still get wealth even without investment even though almost everyone who is currently said to be rich does it. Investment is not actually meant to be rich, but for me investment is a hedge fund so that we can get a brighter future in terms of finance. Although this goes back to the economy but when talking about wealth clearly everyone has different views and perspectives on this, so we can't equate all when talking about wealth because everyone's orientation will clearly be different. So in this case I just want to emphasize even though there may be those who will think that this is the way to wealth but I still think investment is a way to make ourselves feel protected for the future to be better financially regardless of whether it is wealth or not I will not be too concerned the most important thing is that we have a hedge fund to support the old age life that we hope for.

The truth is someone can become wealthy without investing, investment is not the only means of becoming wealthy or successful in life , because if you have a valuable skills that are in high demand you can become wealthy without investing in any thing at all since you skills are in high demand it will fetch you a lot of money, secondly  your services and ideas to a company or an organisation can get you a higher pay which can make you wealthy and successful without investing in anything, I know of a friend of my who is not investing in anything at but  what she does is to provide investment ideas to a company she is working with and gest what she is highest paid staff in that company and today she is counting in billions without having any investment just her pay from the company she is working with.

Most of people gain success through business or anything that's high income, then they do investment for small capital growth or wealth retention. As simple as that, some found success through investment but in my opinion, most of people are getting rich from becoming high earner. After all, the odd of being rich from investing only comes when you got big capital to get started after all, making the time spent on investing worth. Because lets be real investing with small money won't get you anywhere.

You invest $1,000, the return is 300%, your earn $3,000. You invest $1,000,000, the return is 300%, you earn $3,000,000. Same skill, same risk, but different reward. It's true what you said, investment should be the last destination especially when you have no time and don't know what you should do with your money. If you still have time and have a way to make money, better to use that money to create that opportunity rather than invest.

Yes, they will have a chance to wealth without investment but they must work smart and hard. Many things they need to do including create many businesses to earn more money. Some friends don't have investment and they are rich but I don't know the truth because they don't tell their secret. I only know they are rich because of their businesses. That is what people around them see their are wealth. If people want to get rich, they must improve their skill and knowledge so the company can promote them into a high level. Or they should grown their business using their resources

What you're talking about is recent history... Once upon a time, someone could get rich only through work and their own deeds (good and bad). But since the stock market was created, it has changed the game... anyone can invest in some company and if everything goes well, they can make a lot of money even in the short term. It's almost the same with crypto, but I guess we can say things here can be pretty fast. It's easier to make money with money, we all know that. But it can be tricky if you are starting from zero...

Investing is not primarily to become wealthy. It's just being wise with your money and securing your financial status in the future. You can't work and earn money for your whole life, you will need to invest your money on some asset that grows value over time so you can enjoy your life after you retired without relying to anyone. You also wouldn't want your next generation to experience your struggles before so you make sure you have something to leave or inherit for your loved ones.

It's rare to see people who's not got an initial skill or worked for sometime going into investments and making it from there, unless it's a generational wealth. Everyone who built wealth from scratch always has a skill and working history which enabled them to gather funds for investment purposes. Some people even invested into what they do, it grew bigger and they're wealthy today