WHERE YOU SHOULD INVEST MONEY

1. Stock market
1. Because compound interest is the smartest path to financial independence and wealth
2. I love tech stocks.
1. Amazon;
2. (War on Cash stocks): Square, Visa, Paypal; (
3. AI stocks): Google, Nividia, Baidu;
4. China Stocks: ETF’s, Tencent, Baidu,
3. I maxed out my Roth IRA and invested in SRI ETF’s / mutual funds.
2. Cryptocurrency
1. Because I like to indulge in risk and “easy money,” but also because I believe in the technology.
3. Books
1. Because if I can pay $30 just for ONE good idea from a book, then I’ve already made back tenfold my investment
2. Recommendations:
1. Originals: How Non-Conformists Move the World, — by Adam Grant.
2. Give and Take: Why Helping Others Drives our Success — Adam Grant
3. Gary Vee books, Malcolm Gladwell,
3. Here are some great books on investing:
1. Rich Dad Poor Dad - A Classic book for all types of investors
2. Principles - by Ray Dalio (Greatest hedge fund manager)
3. Wealthy Barber and its sequel The Wealthy Barber Returns
4. The Intelligent Investor
4. In education
1. I pay ~$20K per semester for a very overpriced education at a private university in the states, but I need an education nonetheless.
5. In myself
1. Books count, but so does a gym membership, online courses, workshops, etc.
6. Netflix
1. Man, those animal documentaries ALONE are worth $8 each. Let’s not forget how much knowledge I learn from watching The Office reruns ;)
7. Writing
1. I write every day. On my personal blog and on Quora.
8. Social relationships
1. Every hour you spend adding value to another person’s life is building on your friendship and relationship with them. Whether it be business or personal or social.
2. The greatest investment you can make in social relationships is finding a partner you will be happy with for the rest of your life—and it helps if your partner is also financially literate.
9. My health
1. I’ve been trying to eat healthier ever since my autoimmune disease had another reoccurrence last month and put me into a depressive state.
10. Time
1. Anytime I can pay less than ~$10 to get back 1 hour of my time, I will do it. Time is money.
2. If I ever go to Disney / Amusement parks, I will sure as hell pay for a VIP pass. Why? Because an extra ~$50 will most definitely save me 5 hours (if you factor in how many more rides you end up going on and time saved)
3. How much is your time worth?
1. Take your salary, divide it by how many hours you work, then divide that by 2 or 3, because, well, if you have a job then you know why. (OH NO HERE COMESS MY BOOSS I GOTPTAA GO)