Today, I want to post an what I believe is an intriguing proposition.
If I gave you $100, would you be able to make more of it by investing it into yourself (i.e. more education, starting a small side business) versus investing that $100 in the market.
- You must spend the $100 investing in yourself within 1 month assuming you go with the first option.
- You must invest the $100 and leave it there for 10 years assuming you go with the second option.
- No, you can’t just save it in your piggy bank or pay debt debt. You must spend it in option 1 or 2.
Which do you think you would get a higher return on?
The Warrior Family Approach
Before I even continue, I will straight up acknowledge and admit to the fact that we are investing in ourselves right now (BIG TIME).
We are spending lots of time and money in building our side businesses with the hope they grow to something bigger. We are investing in ourselves versus the market.
So, why are we doing this instead of dumping money into the market?
We see more freedom, pleasure and opportunity via investing in ourselves. We feel that our efforts will result in a higher net return that will pay off in the next 2-3 years. It’s a high risk, but, in our eyes, worth the risk.
Worth the Risk?
For us, it is. For many of our friends and family, not at all.
We have lived on very little for so long as we have spent more on experiences than possessions. Living this way makes investing in opportunities not as difficult as it may be for others.
We can name at least 10 friends who think we are crazy for spending so much time, energy and money on these ventures. They will ALWAYS work a 9-5 and that works for them. It doesn’t work for us.
Is it worth the risk for you? That’s only a question you can answer for yourself.
What Would You Do with the $100?
At the beginning, I asked what you would do. Invest in yourself or the market. So, in the comments, tell me which and why you chose that option? You can even kill my approach in the comments.