Lifehacks







The world's best investment

Friday, 23 November 2007

Many people don't think of it consciously, but much of our lives are spent deciding how to invest our resources. Families decide whether to move into a bigger house, or save their money and stay in the current one. Young women decide which man they should bet their reproductive potential on. Workers ponder what they should do with their holidays. And so on.

Of course there's also the more obvious fields of investment. Where should you put your retirement funds? Should you put a windfall into shares or property?

And there's the biggest investment question of all - What should I spend the limited days of my life doing?

Some investments are good, some bad.

Time invested in exercise is great for your health. But spend a month not exercising, and you'll be back to square one. Many purchases have a similar problem. We all know a new car loses value the minute you drive it off the block.

But there's one investment that stays with you almost your entire life. Every minute put into it improves your well-being, and will continue to pay back years later.

That investment is education. Once it's in your head, it's there forever. Sure it may fade a little, but it usually doesn't take much work to bring it back.

It's usually reasonably priced in time and money. And it's fun. The more of it you invest in - the bigger the returns you get from it.

There are very few educational undertakings that aren't worthwhile. You should spend your life improving your own education and understanding of the world. Leverage off the learnings of others, and fill your head with interesting stuff.

Education is the world's best investment. Put some of your own resources into it.




Self help & motivationTake the initiative in establishing new relationships
The world is filled with people who are dissatisfied with the state of their relationships. They think they haven't got enough others in their lives, or else they believe the others they have aren't up to scratch. Whether it's friendships that are missing or something more, a lack of satisfactory relationships is a common complaint.
Self help & motivationImprovement usually requires suffering
We all want to be better people. We want to be smarter, wiser, stronger and more beautiful. Look at any magazine rack in any supermarket, and you'll see that self-improvement is on a lot of people's minds.
Self help & motivationMy favourite investment books
I've been getting a few emails recently asking which investment books I would recommend. Obviously there's a vast array of good books out there on this topic and I haven't read them all.
Self help & motivationUnderstanding the basis of your emotions
We are emotional creatures whether we like it or not. There is a popular idea that emotions are irrational and the intellect rational. We are supposed to aim to use our intellect and ignore our emotions, like Mr Spock, or so some would have us believe.
Self help & motivationA lot of success and failure is compounding
Why is it that some people get so successful that they just seem to grow in strength every year, while others sink their lives deeper and deeper into the abyss? I think the answer is that much of success and failure is compounding. The good things you did yesterday can be built upon, while the bad things you did have to be dealt with.
Self help & motivationIf you work and take risks, it's possible to build a good life for yourself
When I consider my life at the moment, it's really pretty good. I'm happily married, make plenty of money, and live in my favorite place in the world. For years now, I've been in a position where I can do pretty much whatever I want. It wasn't always that way though.
Self help & motivationHow to start a conversation with someone
Breaking the ice and starting to talk to someone can be very difficult. Someone you've never spoken to before can seem big and scary. Here are some ways of getting people talking that I've figured out.
Self help & motivationIdeas are easy, implementing them is hard
I've know a lot of intelligent people in my time - some of them highly intelligent. Yet many of them aren't much more successful than average. How come?
Self help & motivationA neat trick for dealing with anxiety
When I was younger, I used to get anxious a lot. I think this is partly to do with the fact that being a teenager is just a stressful time, but also because I hadn't learned to deal with anxiety.
Self help & motivationSuccess is like fishing
When most people look back on their lives and particularly which parts of them were successful, they’re often surprised at how these successes came about. More often than not, the opportunities we expect to be fantastic turn out to be not worth the time we invest in them; while those we expect to amount to nothing can turn into the greatest of our lives.

New articles are being added all the time, so make sure you bookmark Paul's Tips and come back.




Newsletter
Enter your email to be informed whenever a new article is added.



auch auf Deutsch verfügbar
Search
Web Paulstips.com

Rss Feed

Subscribe in NewsGator Online

Add to Google

Add to My AOL

Subscribe in Bloglines





© PRK Holdings