Jun 19, 2007 14:20
I think I have finally understood what it means to invest in something.
I see people all of the time that appear richer than I am. That is not necessarily the case. People appear richer than myself because they have more stuff than I do or they have better stuff than I do.
I always thought investing in something was like putting your money into a stock. Your money goes away, You don't get anything tangible for it, and you may or may not get the money back.
Investing is really putting your money into anything. Like right now, I want to buy a grill. You know one of those really big grills that you use to throw parties for the whole neighborhood. The grill that I saw recently was somewhere around $250. I have that much money right now and if I did buy the grill, I could make the money back in a week or two. A month at the most. I would also have the grill. I would look richer than I do now because I would the grill and if I wanted, I could throw a party of the neighborhood. People would think I was well off, because I invested in a grill.
Now, it might not sound like it was an investment. It may just sound like I bought a grill, but what I really did was I invested in the grill, because if it ever comes down to it, I could always sell it.
So, I had money. I invested my money in a grill. I enjoyed the grill. I threw parties with the grill. I made new friends a the parties. I look richer. I feel richer. I made the money back for the grill relatively quickly and if I am ever in need of money, I can always just sell the grill.
That sounds like an investment to me.
The grill was just an example. The plan really works with whatever you think you might be interested in investing in.
That was my thought for the moment.
Happy Investing!