Not everyone needs a job

@scheng1 (24649)
Singapore
February 14, 2016 2:31am CST
When I listen to the conversation of my bosses and colleagues, I realize that my mentality is very different from them. I used to think in the same way. I used to think that everyone needs a job to make a living. That is before I realize that there is an investing world. In the world of investing, people do not have the mindset that you need a job to make a living. The world of investing creates many billionaires and millionaires who create jobs, and they are immune to the problems of the common folks. They do not need a job, and they do not fear that they will not have the money to pay their debt. Now that I have a glimpse of the investing world, I am not satisfied with my mentality of jobs and careers. I want to be financially free, and savvy in investment, so that I will not need a job anymore.
12 people like this
14 responses
Jaymie Suh
@cherriefic (10399)
• Philippines
14 Feb 16
In order to invest, you need money. In order to have money, you still need a job. It's a long process especially if you only have your job as a source of income.
4 people like this
scheng1
@scheng1 (24649)
• Singapore
15 Feb 16
One of the richest guys in my country took on 2 jobs when he was young and poor. He had a day job, and he drove taxi at night and on weekend. Now he is so rich that everyone knows about him, though not many know or care about his past. It has to do with determination, and his desire to get rich through investment.
rakski
@rakski (132554)
• Philippines
14 Feb 16
agree with you @cherriefic as much as people want to invest, we still have to work because we need money for the investment. and if this money is our only source of income it is hard to save and so the cycle went on and on.
2 people like this
Teep11
@Teep11 (7673)
• United States
15 Feb 16
Investing is wise. You're correct that everyone needs or will work on a job.There's so many ways to generate revenue. Investing is a great avenue that can create financial freedom.
3 people like this
scheng1
@scheng1 (24649)
• Singapore
15 Feb 16
US is certainly a good place for great investors. I think if Warren Buffet is not in US, he will not achieve the same kind of success from investing.
scheng1
@scheng1 (24649)
• Singapore
15 Feb 16
@anh101 Not true. This just shows that you do not have any knowledge about investment, and you are bias about it. I have read the newspapers in Vietnam, and I can see that the investment knowledge is rather advanced. I can understand the points that the reporters are making, and I can see that they are rather well versed about investments too.
Anh Phan
@anh101 (1379)
•
15 Feb 16
@scheng1 as i told before investing need good place where investing info are transparent a place in Vietnam its much risky to invest
1 person likes this
Dominique
@dodo19 (47360)
• Beaconsfield, Quebec
14 Feb 16
I do wish you luck. I do hope that you're able to achieve your dream.
2 people like this
rakski
@rakski (132554)
• Philippines
14 Feb 16
very true but we need to save money to invest on something. I think a lot dreams of that, to be financially free.
2 people like this
scheng1
@scheng1 (24649)
• Singapore
15 Feb 16
Dreaming is a start, but until you can put the actions on a paper, and act accordingly, there is no way for you to achieve your dream. You must have a concrete plan, such as save up 1000 peso to buy shares, and keep on doing that when you have 1000 pesos.
1 person likes this
rakski
@rakski (132554)
• Philippines
15 Feb 16
@scheng1 I totally agree with you there. faith without action is nothing.
Anh Phan
@anh101 (1379)
•
14 Feb 16
Best of luck to your journey. I think i need to work but not a job. Investing is what i can see big guys are doing also but first work first. Investing need money and brain
2 people like this
scheng1
@scheng1 (24649)
• Singapore
14 Feb 16
If you can work as an insurance agent, that is a first step to meet a lot of rich people, and you get to make money too. If you work in a bank, that is a good start too.
1 person likes this
Anh Phan
@anh101 (1379)
•
15 Feb 16
@scheng1 i think it depends. May I ask where do you work?
harlen qualls
@quarternoes (236)
• Indianapolis, Indiana
14 Feb 16
Actually, investing is work, just not the type most think about. his is what I do, and sometimes, I wished I had a, "regular" job.
3 people like this
scheng1
@scheng1 (24649)
• Singapore
15 Feb 16
True, trading and investing are brain work. Often the difficulty is in controlling our emotions. I think you are more of a trader than an investor. It is hard for an investor to fill time if he is not working on a regular full time job. Investing is more passive than trading.
Anh Phan
@anh101 (1379)
•
15 Feb 16
@quaternoes does it like playing games?
alchemistrx
@alchemistrx (2547)
• Philippines
15 Feb 16
You have to start at the bottom to reach the top.So basically you need a job to do that or start having a small business.
1 person likes this
scheng1
@scheng1 (24649)
• Singapore
15 Feb 16
Yes, I still holding a job, and use the bulk of my earning for investment. It gets easier and easier because the dividend is getting bigger and bigger every year.
1 person likes this
youless
@youless (112724)
• Guangzhou, China
15 Feb 16
The investment needs to spend a long time and probably to gain some profits. If you want to have a big profit, then the time will be even longer. And of course the high profit brings the high risk, too. So it is not easy.
1 person likes this
youless
@youless (112724)
• Guangzhou, China
15 Feb 16
@scheng1 It is a good idea to have the real estates. This kind of investment shall fit anywhere.
scheng1
@scheng1 (24649)
• Singapore
15 Feb 16
Investing is not for high profit. It is for consistent profit, similar to the way that people buy office and rent it out or buy a house and rent it out. The consistent income is the reason for investing.
1 person likes this
rebel_woman06
@SIMPLYD (90721)
• Philippines
15 Feb 16
Yes, my cousin and her husband are now retired and has lots of money aside from their retirement proceeds . That's because she said when they were still working , they were investing in stocks . Now , they are touring the Philippines and abroad .
1 person likes this
scheng1
@scheng1 (24649)
• Singapore
15 Feb 16
Wow, they are really good examples. I think they could have retired much earlier if they do not want to work. This is a good example for the rest of the families to follow.
1 person likes this
scheng1
@scheng1 (24649)
• Singapore
15 Feb 16
@SIMPLYD Their investment income must be great enough to fund the college fees of the children. The thing about investment is that as time goes on, the portfolio gets bigger and bigger, and the income gets bigger and bigger.
1 person likes this
rebel_woman06
@SIMPLYD (90721)
• Philippines
15 Feb 16
@scheng1 They have their 3 children to work for . They are now retired but still have 2 more children to finish College .
1 person likes this
moondebi
@moondebi (1199)
• Bangalore, India
15 Feb 16
It could be a good alternate way of earning! Best of luck!
wiLLmaH
@wiLLmaH (8802)
• Singapore, Singapore
15 Feb 16
You are correct. We are not born to work. We are born to enjoy life. But having job takes the most precious time in us. That is why I do investing too. :) Letting the money work for me too..
1 person likes this
Anh Phan
@anh101 (1379)
•
15 Feb 16
@wiLLmaH im thinking to invest some money online. What do you suggest?
Marlina
@marlina (154129)
• Canada
14 Feb 16
Good luck with your dream
1 person likes this
Judy Evans
@JudyEv (346283)
• Rockingham, Australia
14 Feb 16
I wish you luck with your investing.
1 person likes this
Pinay Ako
@AkoPinay (11492)
• Philippines
22 Feb 16
True. I left my job to try new things. I heard of someone selling peanuts who became rich but no employee can be rich until they start and succeed in investing or business. :)
1 person likes this
scheng1
@scheng1 (24649)
• Singapore
22 Feb 16
Some of the richest persons in your country started off dirt poor. You just have to learn and think in term of business opportunities. There are opportunities to get rich everywhere.