"The most worthwhile investment I've made is ________"
What has been the most fruitful investment you've made to date? Doesn't necessarily have to be monetary (ex: meditation, working out, keeping in touch with friends, etc).
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Study abroad. Went from a lazy shit in community college making fun of try-hards to realizing how fun it can be to put effort into relationships, work, and life.
Really, it just took getting out of my hometown and away from druggie friends.
100% agree. Studying abroad changed my life big time, and if I ever have kids (big IF), I'll probably push it on them as well. Plus it gives me a break from them lol
I totally agree with you guys! The best decision I've ever made. I'll definitely do this again during my master degree (:
bump
My career/education. My ROIC is well above my WACC.
my wife
Hitachi Magic Wand
100% sure you are a guy. The internet is a weird place.
aside from the general, education, well being etc.
getting rid of debt
living abroad
hiring Filipino VA's
staying single into my mid 30's, and beyond?
in the last few months: learning how to properly absorb information from Reddit
Would like more commentary on the staying single if you care to share. Weighing on my mind as I age, and I hear very different opinions.
Omega Constellation Pie Pan watch collection
Jumped from $200-300 to 1.5k-2k in the last 2-3 years
Moving away from home during college... Many can relate coming from that "blackhole" hometown where if you don't get out it eventually consumes you.
Invest in QUALITY items. Never skim on quality. You'll always think I wish I would have gotten the nicer __ instead of trying to save on $20. Beyond that invest in anything that reduces the amount of time it takes for you to do something (errands, household cores, finances, commuting)
Your fucking shirt? Thats your greatest investment?
...
My GT-R :)
nice
The most worthwhile investment I've made has been in myself.
Full commitment to my physical and mental health, my job, and most importantly, my relationships.
Preach
The number of study abroad responses surprise me. I was in Italy for vacation in March and met a few girls who were there studying abroad...it just seemed like a non stop party/sightseeing vacation. I certainly get wanting to do it, but I'm surprised at the long term impact you're giving it credit for.
Well the impactfulness of a trip is all relative. If you grew up without ever travelling (on your own especially), any BS half-semester-long vacation could be a pretty big deal. Less so if you'd spent each summer at a different beachhouse in a new country as a kid.
You're right though there are plenty of srat chicks romanticizing their European bender tours, but that's a social media charade
You get what you put in. It's extremely similar to college: you're presented with amazing opportunities that are pretty hard to get elsewhere. Do you network and adopt the Nobel-winning department head as a mentor, or do you get shitfaced every night and try to hit on freshman?
When studying abroad, there's tons of people around you who desire more from their lives. Some want to party, sure. You can join them sometimes even. If you talk enough, you'll see they are typically very driven, social individuals who have enormous potential to make a significant impact on your life if you're open to it. Vastly different cultures where you can pick and choose what habits/lifestyles are good fits for you.
The crazy bit for me was seeing people from way different cultures/backgrounds/perspectives who had similar personalities to me. For myself, and others I've talked to, it really does remove the me-vs-the-world mentality I hadn't known I had.
Now that I sound like a bleeding heart liberal, I'll add that my problem solving toolkit was vastly improved, I remain in contact with (very varied, poor and rich and influential) people around the world and can stay with them or get advice or even funding from anytime, I had some wild sex, crazy parties, and still came out on top.
In summary: Opportunity.
Most people never travel beyond their:
Beyond that most people don't travel for work or really get a chance to see things differently. Plus yea, its college and a big sight-seeing thing. Most people afraid to get out comfort zone and this is a fun way to do it.
Agree with some of other comments here - from investing in themselves to little things like clothes that make life easier. Anything that you feel like builds stuff or eliminates complexity is beneficial.
Bitcoin.
In myself. Had to take out massive loans to attend a top-5 school, but so far the juice has been worth the squeeze. Was able to get into ultra-competitive IB which probably wouldn't have happened for me without OCR. So with any luck, long-term ROI on those loans will be astronomical.
Time invested in football. I was young and on pace to be a massive fuck up until I became serious about football, which in turn gave me discipline, work ethic, and the opportunity to win awards for what would be considered assault elsewhere. In all seriousness, lessons learned through athletics served me well in other facets of life.
My personal network/reputation. I could lose everything today and then raise enough to reboot something fairly quickly. Barely bothered with paperwork for the last financing I put together for one of my portfolio companies because the people buying the PIK bonds trusted me. Never do anything to hurt your reputation even if it means a big financial loss. Money comes back but your reputation not so much.
Hmm I'm not so sure of this as I used to be. The world is FULL of people who are total shitbags without an ounce of personal integrity who keep bouncing back from disasters. Full of people who make totally avoidable, self-aggrandizing mistakes and have yet more folks to believe in them no matter what.
Finding my passion for fitness as a hobby. Not only does lifting have extrinsic benefits (looking good, being healthy etc etc), it has become like a meditation exercise for me. I go there, hit a workout, and just don't think about anything else for 90 mins. It's really reduced my anxiety levels substantially.
Studying abroad when I was still in high school. I had a chance to live with a family abroad for the whole year when I was 15. Def gave me a better perspective on life, opened my eyes to the "world of opportunities".
Pretty much 50% of people who studied abroad with me ended up not going to unis in their home countries.
If I ever have kids, I will strongly encourage them to do the same.
Edit: Fair to say my parents paid for it, however, it is the greatest thing they could have ever done for me, so I am forever grateful for that chance.
For me it was working as a carpenter in the family business. It taught me a lot about work ethics, client interaction, punctuality and Dedication. Turned my lazy half ass high school Self into a hungry university student out there to kick ass. Seeing people around me makes me realize how valuable it is to have worked physically and actually done something.
Investing time and effort into cooking/nutrition and martial arts. Having solid personal health and being able to defend oneself positively impact every facet of life including career, confidence, and relationships.
getting braces at a oldish age (mid 20's)
2012 - Best Investment ! (Originally Posted: 12/24/2012)
Hey there fellow monkeys,
Now that the year is finally approaching to an end I am curious what would you consider as being the best possible investment that one could have made in 2012. If you had the chance to turn back time and invest all your money in one asset, which would that be?
before anyone dumps on me, look at %, bank of america had a great run, there are obviously penny stocks, and options/futures plays that you could have cleaned up on, but as for household equity name, and AIG to that list...interesting govt all has some part in these companies
also, Third Point Loeb's fund) made 500MM on greek debt, i believe he got in when debt was trading at .17 cents, and sold around .34 cents (where they traded recently)
Portuguese Sov't Bonds are high up there
Green Mountain Coffee Roasters, Netflix, Research in Motion...My average % for these 3 has been in the high double digits, close to three digits.
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