Creating a stable equity earning curve
You hear successful people saying, It is alot easier getting to the top, Staying at the top is the real work. For an average person that sentence seems like a fallacy. We feel that going up is alot of work but at the top there is enough resources to stay there. Truth is without the right strategy you won't last with success.
Most adult members of the society when asked about their past and what they would have done different? more than 80% would tell you dey regret not investing , some would make emphasis of a time in their lives when they had success in their grasp. What happened? Is this common to everyone? or are the successful ones just lucky?
I carried out a probability cluster sample to point out some issues people had with their financial equity curve. An equity curve simple means a continuous stable increase or management of your income and earn so as to sustain you and ensure that stable growth.
The sample was created from three levels of the computer science faculty student, of the university of Ibadan. The sample ,points out student who had their maximum profit above $2000 also their profession and period they have been working. We then also got information about their net worth at the moment aside from their initial business capital. With the statistics above I was able to point out that just 20% from the population where able to keep their equity curve on a rise or stable.
A rise then a fall in an individual equity curve can occur as a result of poor planning or not following the plan. Poor planning on the sense that the money will leave the same way it came.
Not investing, extravagant spending, not saving and eating more than you earn are major causes of a rise and fall equity curve. You can avoid a rise and fall equity curve by doing the following.
Real estate investments One of the best investment one can involve one self is real estate. With little or no risk you know you assets are only increasing value, and you even get paid for rent.
*investing in crypto Buying crypto currency such as bitcoin, ethereum, hive is a very good investment. In long term on can experience little or no loss.
*Saving Every wealth person would tell you to keep more eat little. Inculcating the saving habit at a little age is a big win for any entrepreneur. "The money you save will save you" is a quote many can relate.
Thanks for stopping to read my post. Would love to see your contribution in the comments section on ways one can create a stable equity earning curve.
