Invest in Something You Love
If you have some extra money lying around and you are thinking of making an investment, then the best piece of advice I can give you is find something you love. If you are excited about your investment, then you are more likely to succeed, or at least enjoy yourself in the process. Truth is, in as much as we think we know what the best investments are, so many times we are proven wrong. So wouldn’t it just be a better idea to put the majority of your excess cash in a stable savings plan and keep a little of it out to invest in something you love? That’s what I would advise.
I had a friend who recently invested in a sock company! She’d always had a thing about fun socks and just decided to help out a very small new company that was making pretty socks for women. She got to go to all the board meetings, pick out (and even design) some of the patterns; and have an input on the material. She really enjoyed her time doing this and didn’t have to put so much money into the company either. It is true that she didn’t end up with a huge financial profit, but what she gained spiritually was worth its weight in gold.