The Rich Grow Richer
Have you ever noted that rich are becoming richer and the poor people are becoming more poorer? Poor people always struggle while the money of rich people keeps increasing daily. This is completely true and a universal truth because money attracts more money. The larger amount you have the more return you will get. This is like the money will work for you.
In this matter, neither the poor nor the rich can be blamed. This world is designed in such a way that rich people keep getting more opportunities but the poor keep struggling and the main reason behind it is money.
A person who belongs to a rich family has more money. With the help of his money he keeps improving his daily income. But a poor person who hardly manages his living can never think about investment or such projects.
Its example is like this . An investor who has more money invests in HBD and keeps it in savings. Every month he gets profit according to 15% APR. There is no limit to a rich persons investment. The more you invest the more return you get.
Let’s suppose there are two users, “A” and “B”.
User “A” is rich and has more money for investment so he invests $100,000 in #HBD.
User “B” is poor or from a normal class and he can invest only $100.
Now you can understand the importance of initial investment.
Profit Calculation...
User “A” who invested $100,000. The return he will get in the end of the month be like this.
$100,000 * 15% = $15,000
This is the yearly return amount...
$15,000 / 12 = $1,250 HBD
this is the monthly return for him..
That means his monthly return will be $1,250 HBD which is a huge profit and by compounding it he will keep growing his capital day by day. The longer he stays invested the faster his earnings will grow.
Now, User “B” who invested $100. The profit calculation be like this
$100 * 15% = $15
Yearly return...
$15 / 12 = $1.25
Monthly return..
User “B” will get only $1.25 every month which is almost nothing. It is such a small amount that inflation will eat it and in the end no profit will remain for him. This saving amount cannot even cover his expenses properly.
This shows the importance of initial investment. We should use our starting money very carefully because there are some rich people who lost all their money due to misuse and some poor people who with proper planning built their wealth very well.
Therefore, the bigger the investment the bigger the return. It is all a money game. In investment, money works 70% and strategy works 30%. If the main amount is used correctly and through proper compounding your capital can turn into an empire.
The main purpose of this post is to use your capital investment in the right way. The second lesson is that a poor person should always focus on his own investments instead of looking at the returns of rich people because if you do that you will lose hope and won’t even start your first investment.
I hope you guys will like this post and is interesting as well. If you find it informative then dont forget to give me a support. Share you reviews in the comment section below. Those who will interact will get my 100% upvotes. My staking is increasing. Thank you all for your time reading the content.
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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
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Quite nicely written I must say...
Good 👍
Outclass thoughts dear bro
I appreciate it...
The only way for poor to become rich is investment...