Invest in fun s***, and tap dance on hard-work’s face.
Here is a secret: If you are having fun, you never have to work hard. Or, to put it another way, if you are having fun, working hard is not an ordeal — it can even be a rewarding, enjoyable way to spend your time.
This goes for:
- Work, work: Work for yourself; work at Pixar; work doing what you love …
- Exercise: Tramplines, sports (basket ball, soccer), paint ball, rock climbing .. .
- Other boring, annoying, scary, tiresome, awful, painful and/or smelly stuff: E.g., Raising children.
Examples of hard work being fun:
- Sex (although, I bet you had already figured this one out)
- Showering (stop and think about how much work you do in there! I bet you never noticed, as it feels so nice).
- Games/puzzles …
- Misc. (i.e., punching a pillow, chewing gum or running from small woodland animals while drinking Boons Strawberry Hill with your friends in the woods).
One of the secrets in this life is to learn basic life-hacks, such as the example above, and creatively, (and actively) apply them to other areas of your life. So how do we apply this “fun can distract from annoying/tiring/painful work” theory to investments?
Here is a list of five things you can do to make investing fun:
1) Invest with friends: Get a group of people together, pool your money, and buy lots of stocks. Advantages of this route include: diverse knowledge and fresh leads; lowered fees, due to buying in bulk, and splitting the costs; more brains working on the problem; rapid diversification; it can be an excuse to get together and have fun!
2) Invest with your kids: Have your kids help you invest, and teach them a valuable skill at the same time.
3) Play “fantasy investing” (i.e., paper trading or paper investing). Get a bunch of fantasy football addicts, ante up, and win a pot of money at the end of a set period — then use your research to invest for real …(also, all of your competitors are giving you their research for free! Suckers!). My infomercial: Stop wasting your time on Baseball, Basket Ball, Football, Soccer, or Hockey, which only take your money! Play a game that can make you REAL money! Just send me three easy payments of $19.95! Act now! Supplies are limited to the first 6 billion!
4) Buy companies you love: Guitars, watches, motorcycles, helicopters, Hollywood, cosmetics, fashion, theater, whatever turns you on! My wife watches Charlie Hunnam on Sons of Anarchy, and begged me to buy Harley (HOG). I love music, so I bought a stock of a company I had heard of, Avid (NYSE: AVID), which makes Protools, a software used by every professional musician in the world. There is also Porsche (OTN: POAHF), Virgin Media (NASDAQ: VMED) and TakeTwo Interactive Inc. (TTWO) which owns RockStar & 2K Games, two well known video game companies. Your imagination is your limit, from Barbie (MAT) to Dungeons & Dragons (HAS) to Phineas & Ferb (DIS) to parachutes to Mythbusters (Discovery Communications, NASDAQ: DISCA) to L’Oreal (NASDAQ: LRLCY).
5) Buy companies you hate (and get your money back!): Microsoft is a dirty thief. I am determined to get my money back (see article related to this: here).
Posted on 03/31/2013, in SG Investment Philosophy and tagged Business, Children, Children's future, DIY, Future, Harley-Davidson, HOG, investing, Investments, Kids, Microsoft Evil, Parenting, Personal Finance, Personal Investment, Portfolio, Retirement, Stocks. Bookmark the permalink. Leave a comment.