Good Investments, Bad Investments

“The best investment: investing in yourself.”

Cheesy. Self-helpy. But true.

Outside of the stock market, I have made–and continue to make–a number of investments which make my life easier, more enjoyable, and more fulfilling.

I have also made investments which have proved to have terrible ROI.

Here they are:

1. Good Investments

• My new apartment–$1100/mo

My mom let me live with her for free while I got my shit together. For that, I am eternally grateful; but having this new place to pay for has given me two things: the freedom to live an adult life, and the hunger to work well and increase my income.

• Supplements (Athletic Greens and LMNT Electrolytes)–$122/mo

Supplements are tricky. It’s hard to accurately pinpoint their benefits. It’s not as if I feel awful when I don’t take my nutrient shake. But even if it’s just a placebo, I feel mentally and physically strong knowing that I have all the essential nutrients and vitamins in my system at all times.

• My own studio–$140/mo

Moving into this new apartment, my roommate and I arranged that I would take the den and turn it into my own space for work and productivity. Separating this from my room has done wonders for my ability to focus and pursue deep work.

• Gym memberships–$110/mo

With the combination of my weightlifting gym and martial arts gym, I make sure to get consistent and well-rounded exercise. Aside from the physical benefits, practicing Brazilian jiujitsu has thoroughly changed my life. Increased confidence, a sense of family, an ability to defend myself…these are all priceless.

2. Bad Investments

• College–$60,000

Although I have a massive amount of debt for a degree I do not have, I do not regret going to college. What I regret–and lament–is making $20,000 decisions at the age of 18. I was a child, and I went to college because that’s what you do. Not because I had a goal or a plan. Just go and see what happens. Well, what happened was it didn’t work (for me). And now I am indebted to the young fool that I was.

• Friends who don’t share my values–Mental and emotional exhaustion

This has been one of the toughest realizations for me. Not all of our friends are helping us cultivate a happy and healthy life. This is incredibly sad, but totally natural. Identifying those who don’t make your forcefield stronger is one of the best things you can do for your wellbeing. I’ve spent an unfortunate amount of hours caring for and mending relationships with people when I should’ve just cut the cord.

What investments are you making that give you a great ROI?

What investments are you making that give you diminishing returns?