I agree. In fact I especially think that investing in society and investing in personal happiness are important. Some of that is via money, but more by time and thought - which nearly everyone should be able to do.
moneygardener
· 1 year ago
Very true. That is why I like to take a holistic look at my investments sometimes. Real estate including your primary residence can be something that is very easy to be overweighted in without realizing it.
Hunter Nuttall
· 1 year ago
I like your thoughts about how investing applies to more than just money. I love stocks, but it's important to make investments in non-financial areas to have a balanced life.
Kyle
· 1 year ago
I like how you think here. Investing is not always about dollars and cents, that is something I have to constantly remind myself.
Money Blue Book
· 1 year ago
I concur - but stocks are easy ways to track other assets as well like real estate, gold, and commodities. I'm sure someone will come up with a p2p lending ETF one of these days -Raymond
Steve (Brip Blap)
· 1 year ago
MBB: True. I always debate, though, whether ownership of a stock (ETF) that in turn has interests in gold or whatever doesn't still expose you to market risk. Surely the ETF could be subject to pressures in the event of a really severe market downturn - lack of confidence in the overall condition of the market? It's always a vague doubt that I have about investment vehicles that REPRESENT investment in some other asset class.
Dividends4Life
· 1 year ago
That was certainly though provoking. i find myself struggling to stay allocated in the traditional manner. :)
Best Wishes, D4L
Steve (Brip Blap)
· 1 year ago
@D4L: I know, it's bad enough just trying to stay diversified in the market, let alone throughout your life!
Amanda @ Me vs Debt
· 1 year ago
Great post! I have to agree with you - some investments have value beyond financial. My college degree was the best investment decision I've ever made. Being well l paid is one thing, but having a job that I love makes it all worth it.
I've made a couple of loans on Prosper, even though I'm mainly a borrower. It made me feel good to help out people that were stuck in bad situations.
And ditto on blogging. The things I've taken in from the blog community are far more valuable than the financial return alone.
All Comments
-Raymond
Best Wishes,
D4L
I've made a couple of loans on Prosper, even though I'm mainly a borrower. It made me feel good to help out people that were stuck in bad situations.
And ditto on blogging. The things I've taken in from the blog community are far more valuable than the financial return alone.