What is an investment?
In finance, an investment is typically described as putting money into asset and watching it grow to a point of providing you gains, or returns over time.
You basically start with something and hope to end up with more as time progresses.
The one investment advice experts highly preach is to do your own research, and invest into things you believe in and understand.
In using the analogy of financial investments, there are some other investments that not too many people are talking enough about, today.
These top investments are not touched upon all that often, but they should make the top investments list in your life.
Here Are The Top Investments One Should Be Looking To Grow:
1. Your Health
Your health is something that you should be investing into, if you are not already.
Without our health, we pretty much have nothing. We can strive to become the best version of ourselves and we can try to put out as much good as we can out into the world all that we want, but the fact of the matter is that health is what makes everything possible.
Health is what makes everything else on this list become of value in the first place.
Nobody wants to be richest person in the cemetery. Nor, does anybody strive to become the most successful person in the hospital.
What most people want is to achieve the things they feel are of value in their own lives, and to have the health to soak in the memories and happiness throughout life.
We need our health.
Each day is blessing and an opportunity to wake up and set goals in place for yourself, to achieve the meaningful things that make you better throughout your 24 hours.
Starting your morning with a 30-minute walk, is a great way to start and ease into your day.
Look for healthier options of food around you. Learn to make better choices for the foods that you choose to fuel yourself with through daily discipline and repetition. Make sure to drink plenty of water daily, and do NOT skimp on your sleep.
If you are not investing into your health at the moment, the best place to begin is taking a look at how you spend your time.
Create time to contribute towards your health each day.
2. Your Time
There is great power in understanding that your time, aside from your health, is your greatest asset.
How you utilize the 24 hours that you have available to you is huge. It is not hard to see that the investment of your time can be seen as the top currency in your life.
Without life, we have no access to time, so the fact that we are alive and are able to live our lives in 24 hour segments, is a great blessing.
You want to take advantage of that blessing that you are given and make the most out of it by prioritizing your time. Learn more about time management and start delegating your time appropriately.
If you take inventory of your 24 hours and you allocate time towards important investments, such as everything that is listed on this article, you will quickly begin to see returns.
Now that you see how valuable time is, you can carefully and consciously dictate how you spend that time.
Look into what path you decide to take in life, what interests you choose to pursue, what people you surround yourself with, what partner you choose, what goals you set for yourself and more.
3. People You Surround Yourself With
I believe that the people we invest in today, help us become the person we need to be tomorrow.
My mom always said to me growing up, “tell me about your friends, and I will learn who you are.”
Although, I never really understood it growing up. It was one of those things that I didn’t come to fully understand, until I got older and matured.
Being proactive and keeping an eye out for the crowd you choose to surround yourself with, holds great value in your life.
The people you keep in your circle are going to hold a lot of weight into the person you become.
Keep your circle tight and pull out the weeds when necessary.
4. Your Money
Money is what mostly comes to mind when we hear the word investment.
With my banking experience and understanding how the money market works, I have been able to see why most people are not too diverse in their finances. I believe, that is because they simply don’t know how.
Learning about money and money management is something that is learned. You must be proactive to the learning process.
I picked up a bulk of my knowledge working in banking. The learning curve was steep, but well worth it. I am sure if you spoke to any professional in their respective field, they would agree to the same—it was hard, but it was well worth it.
Money management is no different. Most people who are not working within the financial sector are going to need to go out and seek stronger financial literacy. Again, an investment of time and learning.
There is a whole different language out there, that I never had even heard of, until I entered the banking and lending sector.
If you don’t have a tight grip over your finances and are not working with a strategy, or a goal in mind, then you should really pour your energy into turning that around.
Invest more of your time educating yourself on finance.
You see, money is made by earning it. You need to exchange your effort and knowledge for it.
So, the only way to really achieve financial success is to put in the behaviors that are attached to the process of earning money in any given field.
5. Your Knowledge
This a key area that each individual should always be investing into.
Our knowledge, holds a significant piece to the success we reach in our life.
Life is constantly challenging us each day. There is always a new struggle, always a new task to handle.
I believe that we owe it to ourselves to learn as much as possible throughout our lives.
The more we learn, the more we can help ourselves and our loved ones.
But there is one key piece of advice that I think we, as a society, need to hear more of:
The implementation of the knowledge you obtain is more important than the knowledge itself.
We need to master the ability to execute on the things that we know.
If you lack the ability to stick to a plan, then you are going to struggle with your knowledge.
Knowledge is something you will always be needing to improve on and grow. Therefore, school is not enough. School will only introduce you to the process of learning. The knowledge itself is always up to you to extract.
If you want to increase your knowledge consistently, then it will demand an investment of your time. It will demand discipline and consistency on your behalf.
Wrapping It All Up!
There are bigger investments in life that we all should be aware of aside from just “money.”
More and more of us need to take a look at our time and really delegate and put that time to good use.
When you begin to open your mind and understand that these same investments that we just went over today, can change your life, you begin to see your investments a bit differently.
You allocate yourself and your time towards doing things that 10 years, 20 years, 30 years down the line, will give you the fulfillment and freedom you are looking for.
Just like a solid financial investment.