Invest In Yourself Or The Market?
You only have a limited amount of income each month and you need to decide whether to invest it in some type of asset or to invest it in the greatest asset which is yourself. College only goes as far as teaching you theory about your major. College doesn’t teach you anything about life. If you invest in yourself by taking leadership, communication, and other practical knowledge you could land that job that gets more income per month faster.
See the example about investing in yourself vs the market.
Most recent graduates come out of school filled with theoretical knowledge about their major. Although this knowledge can be useful at times, it is often a challenge to apply it to real-world situations. It’s kind of like dudes with “beach muscles”: They hit the gym hard every day so they can look great on the beach. If they ever get into an altercation and actually have to use their strength, though, they fail miserably. That’s because they have no practical experience.
There is no guarantee that by investing in yourself you will earn more income but the same can be said for the market. At the end of the day it’s up to you to decide how to spend your free time and hard earned cash. The best thing to do would be to do both simultaneously by becoming an entrepreneur. You are investing in a business you believe in and at the same time you learn leadership, communication, how to manage relationships, and a wide knowledge of other skills. Becoming a full time entrepreneur is not for everyone though.
Learn about how much more you can make by investing in yourself.
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About Shaun Archer Tatum Shaun works in corporate finance in New York City. He has done financial consulting for several start-ups and has worked at several Fortune 500 companies. He has contributed several finance/investing articles on Seeking Alpha which have been published on Yahoo! Finance.