I am not against with what you have said, I agree with it as well.
As for diversifying resources, for normal employees. There's not that much for them to diversify except their own time and skills.
Other than that, they have to save first before they can diversify.
Let's agree that diversifying sources of income could help reduce dependence on a single resource. Most countries have monthly salary employees who can improve their financial stability by exploring different income resources. They already have some good options. For example, the stock market offers growth opportunities, in addition to crypto trading in the same field, which can also be profitable if done smartly. You can also do farming in rural areas. It is also rewarding.
Yep, let's both agree to that.
With the current status of global economy lately, one source isn't enough to stay afloat.
So, as much as we can have other sources of income and invest it to appreciate its value, the better.
The discussion about being employed and making a business has its pros and cons, which one will work for us should be sticked with.
Although there will be a time that we'll try to find something new if we feel stuck onto the trade we're at.
Yep , that's what I mean. Working for someone else and running your own business both come with their own pros and cons, there is more than one road to financial stability or getting rich. Same goes for people, we have all got our own skills and strengths.
Don't assume running a business is the only way to get rich just because social media is full of success stories. Boxing yourself in like that, you'll end up missing the opportunities that actually suit you.
That's true.
Putting ourselves in one place might be good as comfort zone.
But if we want to grow, there's always the other path for it but it won't be easy as we think.
Yet, do what works mostly for us since we've got preferences and differences.