Five Investments Everyone Should Make

non typical investmentsThis will not be the typical list of investments you probably would think you’d find on a personal finance blog, but it gets really boring reading personal finance advice when it’s the same everywhere that you go. That’s not necessarily a bad thing. When doing research on the basics of personal finance, you want to get good, solid information that can help you and this quality information tends to be the same. That being said, sometimes it’s nice to hear some financial advice that you haven’t considered anyplace else. The following are non-typical investments that I think you should seriously consider for your finances that you probably haven’t ever heard of from other personal finance bloggers:

Invest In “Your Name” Domain: There are other people out there with your name. All you have to do is Google “your name” with the quotations marks to see who else out there you share your name with. There are more than a handful of people with my name and the question is, do I really want someone else owning my name? You should ask yourself the same question. Even if you have no plans to build a website or do anything else with a domain at this point, you should still claim your own name. As the Internet becomes a more prevalent place for people to contact one another and socialize, your name will have value both financially and on a personal level. You will want your own name as your space on the world wide web. The cost is only $6 a year. You will thank me 10 years from now for getting it and curse yourself for not doing it if you decide to pass.

Invest In An Exercise Program: The reason that you’re working so hard today is so that when you earn enough, you can do all kinds of things that you really want to do in your retirement. The only way that you are going to be able to accomplish this is if you are still healthy and active when you retire. Invest in a basic health and fitness program that suits your style. It doesn’t have to be anything fancy, just as long as you commit to it so that you increase your chances that you will still be active and lively when it’s time to spend all the money you have worked so hard for. it will also ensure that you have a more financially productive work life increasing your chances of retiring early.

Invest In Something You’ve Always Wanted To Try: If you’ve had an inkling to try something for years, but have never gotten around to doing it for whatever reason, commit to invest in it right now. Whether it is learning to play the saxophone or how to fly a plane, invest in it. No matter how it turns out, you won’t regret doing so and you’d be surprised how often those things that you have always wanted to do can end up being a career or an additional income earner while doing something that you love.

Invest In Time To Think: With the way the world works, finding time to just sit around and think is something that a lot of people just do not do on a regular basis. Determine to invest in time to think. Having time to mull all the information before you gives you a much better chance of making the correct decisions when they need to be made. If you don’t have time to think and consider, your choices won’t be as reasoned or as well thought out when made. In addition, invest in some type of recording system of your thoughts and goals – it can be a blog, a journal or just scraps of paper that happen to be around when you think of something. This will keep a record that you can look back on to see how you have progressed and to help you stay on tract toward those goals that you want to achieve.

Invest In Someone Else: Take the experiences and wisdom that you have gathered over the years through your own learning and mistakes and pass those lessons onto someone else. Become a mentor to anyone that wants to learn from you and freely offer to help those seeking help. Take them under your wing and help them become a better person so that they too can mentor another person in the future.

while the above five investments aren’t usually considered investments in your finances, all of them will reap a much larger financial benefit for you that any typical stock you may choose. Consider them all seriously and i encourage you to commit to each and every one of them. Your finances will thank you in the future.

This entry was posted in Education, Investing, Personal Finance. Bookmark the permalink.

13 Responses to Five Investments Everyone Should Make

  1. Mike says:

    It’s weird, but I am investing in domains right now. Just spent $2500 on a domain. Maybe I am crazy or a genius. Only time will tell. But then again, just making 10 per cent is a nice enough return ~$250 a year.

  2. Ruby says:

    Good advice, especially regarding investing in health because all else is useless if a person loses his health.

  3. aviator says:

    Couldn’t agree more about the health. When one loses health, one loses everything.

    BTW, great web site, great advice. Keep up the good work!

  4. Richard says:

    Great site, I’ve been reading (via RSS) for a little while now and this post reminded me that I’ve been wanting to register my name for a while. I’m wondering which domain registrar/hosting you would recommend. Please get back to me by email ASAP! Thanks again for the great and helpful reading material.


  5. SCapitalist says:

    Great advice. Investing in your health offers priceless returns. I also like the investment in someone else. I am a firm believer in philanthropy, and whats a better way to contribute than with our time and expertise.

  6. pfadvice says:

    There are a lot of places that you can purchase domain names for less than $10. We use which charges $5.99 per domain I believe and have never had any problems with them.

  7. Pingback: links for 2006-11-28 » Whatever’s Interesting

  8. davis says:

    I would also suggest investing in education. Not necessarily paid education, but always trying to improve yourself and learn more.

  9. Pingback: Investing World Today » Festival of Investing

  10. Pingback: Money and Finance Blog Carnival Tricks Exposed! » Silicon Valley Blog About Money

  11. Richard says:

    I took your advice and registered my name domain. I took it one step further by investing in someone else and getting my girlfriend her name domain for Christmas. Thanks!

  12. Rachel says:

    Where does one register a domain name?

  13. Viola says:

    Many places…I use All of my sites are registered there and I have also purchased my name as a domain quite some time ago.

Leave a Reply

Your email address will not be published. Required fields are marked *