When it comes to where to invest our money, we have a plethora of options:
- real estate
Some are slow-going and relatively secure. Others are contingent on how all the others are doing. And some are a toss of the dice with the fingers crossed.
All investments have the same end-goal in mind. The investor wants to get a positive return. So, what this have to do with a poet?
Charity and personal force are the only investments.Walt Whitman
Charity. How is charity an investment? Is there a tangible return on a good deed that has no expectation of getting anything back in return? For the investor that is only looking to increase the portfolio size, it is an obvious no. but are we not all connected as humans on this planet? If we make a charitable investment into our communities, do we not get a positive return? By helping those in need, we can create a portfolio that goes beyond our own lives. This is an interest that truly compounds.
Personal Force. Whitman said this is the other great investment. Once we put ourselves into motion, momentum builds. When we invest in ourselves, whether through education, health, or any other self-improving endeavor, we become more valuable. Our stock goes up.
The challenge for us today is to take Whitman’s words to heart. Charity and personal force. Are there any sounder investments than these two?
Feature photo by Anne Nygård on Unsplash