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Get Rich Slowly Really Isn't So Slow

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@lbi-token adopted the same mindset at @spinvest. The idea is not to get rich overnight but to build and develop revenue streams that will enable token holders to Get Rich Slowly.

This is the key to wealth building. Too many go for the "homerun", trying for the quick hit. This can lead to mistakes that are often costly in the long run. How many traders nuked their trading accounts because they put it all on that on trade? A busted trading account can set back wealth creation a number of years.

LBI does not seek to do this. We are not after the moon nor thousands of percent gains. While have a 100x appreciation in a token is always nice, it is not something we depend upon. Instead, we are opting for the slow and steady pace of asset accumulation. The more the fund holds and is put to work, the better the returns can be over time.

Here is what a latest chart from Saturday's LBI Weekly Report:

In the world of high flyers and active traders, that is almost totally boring. It is something that could be painful to look at. Where is the "mooning" and massive runs? That is starting to make my eyes tear up.

Of course, as most of us are aware, charts can be a bit misleading. While that is a steady growth rate, it is far from slow. In fact, the Get Rich Slowly really isn't that slow.

What we see is that in a little over half a year, the growth rate is 28%. That would equate to roughly 53% or 54% on an annualized basis. Here we see something that is rather mind-boggling when we think about it.

The present yield on the 10 Year US Treasury bond is 1.323%, down 400 basis points since March. That really puts LBI into proportion.

In the first 7 months, we see this is going to top 50% in first year return. That is a little less than 40 times that of what the 10 Year is paying.

People scoff at these types of projects. However, with returns like these, we are bound to see massive wealth generated over the next half decade or so. When we are adding 50% a year, if that is sustained, we are looking at massive appreciation of the total holdings. Since the token distribution is closed, it will only feed into more value for each token.

LBI also reduces some of the risk associated with trying to just speculate upon token pricing. This is what most of the #cryptocurrency world is doing, hoping to amass life changing money in just a few years. While there is nothing wrong with this, it is not an approach that one can completely depend upon.

While LBI is not an income token like EDS, it is one that can work in a similar fashion. Through the active efforts of individuals along with the investing approach looking to generate consistent revenues, we can see it all feeding into the value of the token. This means that value appreciation is not only realized when prices moon. Each week, as the weekly report shows, the value of the holdings are enhanced through the payouts from different projects. This all helps to feed into the growth rate.

There will always be ups and downs within the markets. That is what they do. However, when the activity is consistent, things get smoothed out a bit. While that does not satisfy people who have the desire for high-flying adventure, we feel that this should not be sated through one's investing. Take up hang-gliding if that is of interest. When it comes to wealth generation, slow and steady is not a bad strategy.

Especially when slow isn't all that slow.

Article written by @taskmaster4450le.

Posted Using LeoFinance Beta