Let’s start with the basics. What does “investing” even mean?
The act of spending money into something with the expectation of getting more money out of it.
It’s that simple.
Investing is about prioritizing your money, and “working smarter, not harder”. It’s a way to let your money grow in your sleep, vs. working full-time to make ends meet.
We all know the instant gratification we get when we purchase something we want, whether it be new pair of shoes, a cute outfit, a vacation, etc. Yet it isn’t long before that pleasure wears off and suddenly your wallet seems a whole lot smaller.
Investing on the other hand, allows you to set your money aside, and let that money work for you while you enjoy life. It is the aim to purchase something that will give you even more money than you had spent in the first place. It’s a type of purchase that will excite you not only from the moment you buy it, but as long as you have it.
You work hard enough, it’s time to make your money work for you.
Investing – An example:
Kanye West is launching another “Yeezy shoe giveaway” contest. Here, 100 winners are given the opportunity to buy one of 100 pairs of Yeezy shoes at 200$. As an investment, you would buy one of these pairs of shoes (at 200$) in the hopes of selling these on eBay for much more.