We usually think about only one aspect of investment - only about money and practically never think about the second one, and more important in my opinion, - time.
Every time when we try to invest we always spent some our time for making research and comparing options.
I feel like every wise investment has balanced money and time for this investment.
Say, you spent 6 years in a law school. I would consider this time investment more efficient than spent 4 years in a community college and some economic knowledge about nothing.
I often see "successful" stories promoted on webinars about buying goods on Amazon and then selling these on eBay with 5$ profit. Those stories always have the same refrain - do this 100 times and get $500 as a result.
I could consider this money recipe neither smart nor wise - too much time involved to get that small money.
Instead of considering only money factor for your investment, try always count time also. I usually use simple math before doing any investment: (estimated money profit)/(estimated your own time efforts) for the simplest calculation and for more advanced data I also devid the result from the simple estimate on (invested money amount)
If you would start to calculate your investment with your own Time wise factor, your investments would be more efficient and enjoyable.
Yes time counts a lot. That's why i usually see high schools and college as waste of time.
Love this @allfabeta
I think it depends - both might be necessary steps on successful career path
Right, we must invest our time properly
Steemit is the best to invest your online time.
It is good that we include time into account as it is the limited resource. In the end, it is about how wise we can use our time rather than our money. However, it is wise to be literate with financial knowledge as well as time management (personal energy management)
As they say, time is money
we must invest our time properly,nice post
Hello. Sorry for my question not on the topic of this article. Here you wrote: "If you registered on PAL Discord channel (https://discord.gg/Q4ycRZ) you should go there to an upvote channel and type $upvote link on your post .This will give you immediate automatical upvotes.". Unfortunately the prompt will not do. If you would, please make a new invitation. Thank you!
did you register on PAL Discord?
Thanks, I already found a solution.
that is good
great post!
nice post upvoted your vote is important for me @deshwal
Great dimension...how about adding also emotional quotient to it ? on many occasions one is hating what he is doing for money....not sure i would like selling and reselling at all....but rather do gardener or soccer coach for a lot less money....