The adage "he who scatters has the opportunity of accumulating more"
is well known, but many people reserve what little they do have in an effort to keep it safe out of fear of the unknown and their incapacity to take risks. However, many are unaware of the fact that delaying and refraining from investing might have a number of consequences.
And as a result of this fear, many people in various walks of life have clung to what little they currently possess with a fixed focus on maintaining what little they currently possess. As a result of this act, many have come to regret their decisions due to the results of the lack of investment they engaged in.
https://files.peakd.com/file/peakd-hive/vickoly/23t7BKfxnFhndzv9iWKwPxQ8zAyUywQssNYjBoqjXXVt3N8gCnHoNfaNfyhhjLxbx7auP.png
CONSEQUENCES OF NOT INVESTING
-
DEVALUATION: We can all agree that waiting won't help; devaluation is what occurs to funds or currencies as a result of inflation in a particular country. Investing itself may be a risk that could result in losing some or everything, but life itself is a risk, and we can all agree that holding back won't help. In fact, such a fund will quickly lose value due to the global economic downturn, when it would have gained had the investor invested it profitably.
-
Stagnation: Having a fixed position in the wealth hierarchy is another serious impact of not investing. It's common to see that those who have less than us could easily invest their little and via the little increase that comes from their petty investment, before you realize it, they'll be miles ahead of you. This is true even though we could have easily invested such funds into a profitable business and accumulated more that would have increased our status and net worth.
https://files.peakd.com/file/peakd-hive/vickoly/23t7BKfxnFhndzv9iWKwPxQ8zAyUywQssNYjBoqjXXVt3N8gCnHoNfaNfyhhjLxbx7auP.png
That's all I have to say regarding the risk associated with not investing. I hope you'll find this valuable and make a decision to change for good.
Thanks for reading through.
Return from FINANCIALLY IMPLICATIONS OF WITHHOLDING to vickoly's Web3 Blog