Should the rich keep investing money.

[Axis]

It is totally true that the rich keep investing money so as to maintain their riches. True investment a rich and wealthy individual is able to make more money and that is definitely what is advised to an individual who want to maintain his or her riches and out. Many rich and wealthy individuals, simply because they are rich and wealthy presently do not see the need to invest and to make more money, however they squander their wealth and Riches on things considered to be irrelevant and unnecessary to their well-being. At the end of the day most of them feel remorseful and regrettable why they did not invest more than they spend. The financial activity of investment isn't for only those striving to be rich and wealthy but also for those already rich and wealthy. You may be wondering why so? The truth is that money is a very perishable but resourceful asset in which each and every one of us must endeavour to have sufficiently and adequately.

However for an individual to maintain his or her riches and wealth, he or she need to keep investing to make more and more money. We can totally noticed that in the case of the richest man in the world whose name is Elon musk. Elon musk, never give up investing his money or new project, and that was because he knew the need of investment. Basically that is definitely what is still keeping him as the most richest man in the world, and he is totally unbeatable according to one research and study.

 

[Ithedicious]

The human needs are not easily satisfied. This indicate that a lot of people out there , even the rich will keep on and will be looking for so many opportunities to get themselves more richer than they are currently . The best way they can do this is to invest their money probably in real estate or by investing their money in business that can still generate them profit.

The rich also might still continue to be richer from investment because they have the money to invest on whatever they are interested to do but people who are struggling may not have such opportunity.

It is left for them to decide if they will continue to invest or not and those that have the interest to investments can still do it and generate profit because it is on their own personal decision . It is not a general point of view that they shouldn't invest.

 

[Imran Noori]

Investment is very important in everyone's financial life if he or she is wealthy or not because keeping all the money will one day face you with many regrets.

I personally divide my income into three portions, one for spendings, one for saving and the other portion for investment, because I know that I need money for now and also for my future.

As you mentioned Elon Musk is always trying to invest his money in something new, as we know he also invested some money in crypto currency market, in cryptos like Bitcoin and Dogecoin, maybe he invested his money because he wants to have a backup for his future.

Everyone needs to make some researches about big investments that people are doing nowadays like real estate, crypto currency market, stock market and more, because it is necessary for every individual to know about these investments.

 

[Shigobad2020]

We are doing business in order to make more profit and if not to make more money , the riches would have stop investing money and when you stop doing business or investing because you are rich , it means you will be spending the one you have in savings and very soon , the money will hit rock bottom making you poor , so we are working to increase the amount of money we have in order to increase our wealth and be comfortable in future
And when you are making your profit , you ought to divide the money into three , I mean the profit you are making , one should be added with the business capital for reinvestment , the second part should go to your reserve fund just in case of future occurrences and the last your is for taking care of your responsibility .

 

[saoussen5765]

If a person having a lot of money stops working then first thing he will get bored from just going to trips and hotels. Soon the employees starting steal something from his company because he is always absent. Later the business is no longer working and people spend more time playing than working. The concurrent companies while his rich boss is present will provide more offers and as mentionned @Shigobad2020 he will lose his money gradually and ends by the closure of his companies and he run out of funds. Then work and being present is something very essential in work.

 

[TOZZIBLINKZ]

Being rich and wealthy does not evict you from engaging in the activity of monetary investment and that is because investing money is definitely one way to manage and to maintain your riches and wealthiness. We can take possible example from the richest man in the world Elon musk, time and again Elon musk have invested his money in various investment which is channeled for bringing in more and more which is. Just recently the man bought the Twitter platform from it CEOs, for an amount worth 44 billion US dollars. Although many people think that this is the wrong investment, but we cannot judge by our own views and possibly Elon musk have something in mind to execute sooner or later.

However, the point we need to take from here is that whether we are richer welding it is totally important that we invest money. Sometimes individuals that are poor or a living on minimum wages and salaries usually think that the activity of investing money are only for the rich and wealthy. It can totally interest us to understand that investing money is definitely for all individuals, and who knows the little amount of money you invest can definitely be the future of you becoming rich and wealthy someday.

 

[Skysaint]

Well, what I know is that for the rich to keep being rich they have to make series of investments and not just investing in any random project but the very productive ones. The rich would always buy assets, lands and so on and while they are spending the one they can at the moment, more are on their way to their bank accounts.

But for the poor, they hardly even have enough to take care of themselves let alone having spare to invest their money in and most of the times they don't have the connection and network it takes for them to get legit and we'll paying investment projects so in the very end they would end up being scammed off the little they have.

 

[Shigobad2020]

Being rich does not make you relent and stop doing business and investing , because you might loose everything if you stop doing business and investing within a short period of time .
That's why you need to continue doing business and investing in any business you are good at , rich people investment gives them the edge and upper hand because they have enough money to pump into their investment to make more money , while poor people only make small mount of return because they don't have enough money to put into their investment .
There are numerous investment sites where rich people can ventures into to make better return , investment like crypto currency investment, buying and sellings of coin . If you are very good at doing forex trading , it will be easier for you to invest a huge amount of money and makes it big within a period of time .