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The word investment is used every day and is almost resounding every day in the streets, schools, internet and so on. The funny thing is that people use the term to mean a whole lot of things. The word investment is either hyped or reduced to nothing in the hands of its day-to-day users.
This article is aimed at exposing some of the misconceptions that people have about investments, analyze the term and proffer possible ways of investing that will be true to the term. The goal is to teach people how to invest properly and see results.
Various Conceptions of Investment: What Investment Is/Is Not
Here, we shall discuss the various conceptions of people when they hear or use the word investment. We have noted that people see investment in different ways, now we want to understand what these different ways are. These are some of the prominent ways people see investment in the 21st century:
Some people see investment as putting in money into a new Multi-Level Marketing (MLM) scheme with the hope of receiving double of what they have put in after some time.
Some others see investment as finding online businesses or companies and being the first to register under them. This is done with the hope of reaping benefits from such businesses or companies.
For others, investment means putting money into companies that promise to work with the money and return benefits.
When people create things they do not understand and do not know how to convince people into buying their ideas, they introduce the term “investment” to make it sound professional and genuine.
These and many more form the popular belief concerning the term “investment”. The various conceptions noted above form the basis for writing this piece.
A New Conception of Investment:
While all the conceptions mentioned above are not bad, they are lacking in one way or the other. The first thing that should be noted is that people should only invest in things they understand.
This does not mean that whatever is beyond the range of one’s understanding is not worthy of investment. Rather, it implies that people invest in things within their knowledge coverage. If you must invest in something you do not understand, then you must take the time to learn about it before you go ahead to invest.
Investing in something you know means that you understand the operations of what you are investing in and how the money you have put in is able to produce profit. It means you realize exactly the process you have set in motion by investing and you are fully aware of the pros and cons.
However, investment cannot be all about money. Investment can be about people. Yes, it is possible to invest in people. Most importantly, it is possible to invest in oneself. This is the most profitable investment that always yields positive results.
How to Invest Properly in Oneself
Everyone has strengths and weaknesses, likes and dislikes. In the same way, we know what we love doing and what we derive pleasure in doing. Sometimes you find out that there are a number of things that you love but you don’t have enough knowledge and do not know how to do them.
You can check out the article on How to Identify Talents to find out more
When you have identified those things which you love, but cannot do efficiently, then investment comes in. In this sense, investment will mean putting in the time to learn new things and acquire new skills. The aim of investing in oneself is none other than to build up a value-filled personality.
As stated above, investing in oneself is the most profitable investment that certainly yields positive results. This is because it gives the individual dominion over things around. Since knowledge is power, the more one acquires knowledge of things, the more powerful he becomes.
A value-filled personality is one that has something to offer to society. People who encounter such a person always wish to remain and learn more things. A value-filled personality is one that automatically generates income without much stress. Such a person has the skills, knowledge and desirable characteristics in one or more fields and can reproduce marvellous and desirable outcome over and over again.
How to Invest Properly in Others
Investing in others is also multi-dimensional. It involves putting in energy or resources for the growth and development of other persons. This can be monetary; where one puts in money into the training of other persons, sponsors their education or something related to the two. It can also be direct; where one transfers skills, ideas and knowledge (sometimes secret) to another person or group of persons in other to help them become productive.
People invest in other people in order to reap benefits. For some, investing in other people is a way of carrying on their legacy and a continuation of their dreams or goals. Some others invest in other as a backup strategy. They try to establish other people in the same line as themselves so that they are sure they have people to support them when things don’t go well.
Sometimes older people invest in the young so that they can take care of them in their old age. The young sometimes invest in other young people in order to build a crew, a fraternity or a sorority they can grow with and achieve more together. Whatever the aim or motive is, it gears at yielding positive results.
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The Relationship Between “Investment ” and “Scam ”
In contemporary language, the term “investment” has been associated with the term “scam”. This is owing to the way scammers have used the term as a camouflage to carry on their heinous activities and defraud their victims.
There is actually no relationship between investment and scam. The only reason why people have come to associate “investment” with “scam” is because of its abuse by scammers and fraudsters.
It is also good to note that the only reason why fraudsters are able to succeed by using the term investment is that people have limited knowledge of what investment means. The majority consider investment to be something magical. They think it is about getting instant returns on money put into a venture.
Other Popular Ways to Invest Properly
There are also other known ways of investing. Surprisingly, so many people are not informed and they have myopic views about investment. There are known opportunities in the foreign exchange markets, stock markets, cryptocurrency and company shares. There are known ways of investing properly with the aim of getting returns.
Whatever investment one wants to make, it is beneficial to gain reasonable knowledge about the investment. Just as stated above, you should not invest in things that you do not understand. This will help you to gain more knowledge of things and know what you are truly doing when you say you are investing.
With the details here, you should have learnt how to invest properly and can teach other people to do the same.
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