When asked about the definition of investing, most of us immediately think of profit or material result. Some would associate it with start-up business or purchasing real estate properties, while others still have a mental image of a room filled with men looking sharp and polished in suits, rambling numbers and talking loudly over their phones and waving bits of paper with their hands. That was the old school way of trading before internet revolutionized the world. Now, with the convenience of the worldwide web, not only are there more ways of earning money but also growing money like the infamous cryptocurrency that broke the news. More and more people are getting intrigued and jumping on the bandwagon. But before we allow ourselves to be so consumed in all this, let’s remember that talks about investing are not only limited to money.
Here are five avenues where I believe it’s best for you to invest your time, effort and money:
MIND & BODYYou! Yes, you are the most valuable asset — you, with the capacity to learn more; you, with the capability to grow into someone better. Feed your mind by reading books in different genres to expand your knowledge, watching films to gain new perspectives and spending time with individuals who like to talk about ideas instead of other people. Nurture your body through good food and exercise. Purchase make up, clothes and bags of good quality. But remember, style and quality don’t always equate to expensive brands so live within your means. When your mind and body are in sync, meaning you think well and feel good, there’s no stopping you in reaching your fullest potential.
EXPERIENCEYou can never be as young as you are now so live more, do more and create more. If you’ve always wanted to travel alone, go explore. If you’ve always wanted to go sky diving, go jump. If you’ve always wanted to live somewhere else, take that leap. If you’ve always wanted to be someone else, go discover yourself
RELATIONSHIPSThree priorities: God, family and friends. Take the time to talk to Him every day, invite your parents and siblings out on a date and call a friend who’s been asking you for advice. At the end of the day, life is more beautiful when you love and you are loved.
FINANCIAL PORTFOLIOOf course, money is essential to living the best life possible. Therefore, being financially savvy is both a skill and a necessity. You have to understand that you can only work physically to a certain extent so you have to be more strategic in earning money and that’s where the need for passive income comes in. Take advantage of the beauty of compound interest and delve deeper into it. According to successful investors, one tip is to diversify your investments. But before you do, make sure to cover your bases — bank savings, life insurance, stocks and health card.
JEWELRYThere’s more than what jewelry meets the eye as every piece not only holds timeless beauty but most importantly, precious memories that can be passed on from generation to generation. That’s the appeal of jewelry. It is not a mere accessory that speaks to you; it is beyond that. Plus, the fact that the value of gold and diamond appreciates over time, it is indeed worth your investment.
Lastly, investing in yourself emotionally, physically, spiritually and financially will be the most profitable investment as it allows you to become the best version of yourself. After all, loving yourself and knowing your self worth is not an invention; it is an expression, an emotion, a definition and one of the greatest investments you will ever make.