In a book about the stock market, Fernando Braga de Matos (Portuguese author) makes an interesting observation:
"If you think in the amount of stuff where you can put your money and get a return you'll most probably get a headache. There's one way to apply capital, however, that's the most rewarding of them all: in yourself."
This might sound odd for a book about the stock market, but it's just a "down to earth" advice. He gives a couple of examples too: If you're a really good looking brunette with deep green eyes, it might be worth investing in your body image (model maybe?); If you're a high intellectual machine, maybe invest in a MBA or something similar; If you have a brilliant idea, entrepreneurship might be the right path.
Although I'm interested in the stock market and financial instruments, I do invest in myself whenever I can. Here goes one of my personal experiences:
It was the year 2013 and I wanted to buy a new car. I love driving and I have a passion about cars. I already had a VW Golf 2.0 TDI with 170bhp (fun machine), but I wanted more. It's an emotional side, I don't avoid it – I learned to control that emotional side when it comes to cars. At the same time, I realized that I had to do something to take my career one step further. Looking at the options, it made sense to me to attend an Executive Masters in Project Management. Approximately 10.000€ – which was a lot of money at that time (it still is!).
So, on one side there's an investment (education, yourself). On the other an object with high depreciation. Can you guess what I chose?
Well, it's a no-brainer. I grabbed those 10k€ and went "back to school" riding my VW (which, by the way, I still LOVE). I could have bought a new car; I could have gone in a really awesome vacation; I could have invested even more in the stock market; I could have bought a new furniture for my house; I didn't. I chose to invest in myself. I wanted to learn more, I thought it would be fun (it really was!). I realized that I deserved the investment. Education should be seen as an investment rather than an expense. Some do good investments, other choose the wrong "path" to invest. Either way, never stop learning. I love cars. A car can never give me the pleasure for so much time as the knowledge, relationships and connections I got from that investment in myself.
Final note: was it worth the money? YES! I would do it again!
* Be a teacher – Be a student! *