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< South Africa's GDP
Economics Main Page >

The best place to invest, by Robert Lang

Category: Financial planning and investment
Date: 2 October 2021
The article below comes from our good friend, Robert Lang, in independent financial planner. And he argues that the best place to invest is in yourself. Enjoy the article below.
Johannesburg Stock Exchange weekly trading statistics for the week ended 19 August 2019

The best place to invest

Somehow, despite all the messages to be kinder to ourselves, we have this predisposition to put ourselves down. Along the line, the early messages of “You can do better” become “You’re not good enough.”

We live in an age where the focus is on self. As we scroll through social media, we see countless selfies, all the time hoping to find a like, mention or comment on one of our own posts. Slowly, we begin to see our lives through the lens of everyone else. Some people call this the ego; it’s not who we really are. But this is how we show up every day, and it influences every decision we make and every cent we spend.

In the bestselling book “Eat, Pray, Love”, author Elizabeth Gilbert recounts when she walked into a building in New York City. She was hurrying toward the elevator when she caught a glimpse of herself in a mirror. She didn’t immediately recognize herself. Instead, she thought: “Oh, look! I know her. She’s my friend.”

As Gilbert moved toward her reflection with a smile, ready to hug this person, she realized that she was looking at herself. Later, as she remembered this incident, she was journaling and wrote the following at the bottom of the page:

“Never forget that once upon a time, in an unguarded moment, you recognized yourself as a friend.”
This is a wonderful first step in reminding ourselves that we are good enough and worthy of investment. Ultimately, it’s the best place to invest. Investing in yourself is an integrated and ongoing practice. It’s not just about mental, physical, emotional or financial kindness; it’s about all of them in a healthy balance. In one sentence, one might say: Spend some money on yourself to do what you want to do to feel better and think happier.
Everyone has a different budget and a different lifestyle, so for one person, it might look like a spa day at a luxury resort; for another, it might be a quiet cup of coffee whilst reading a book for an hour at your local deli. Perhaps it’s going to a movie by yourself or taking a drive along the coast with your family. When you recognize yourself as a friend, you’ll be more willing to invest in yourself.
​

Whilst these are smaller, day-to-day ideas, you can also invest in yourself by starting a business and believing that you have what it takes to provide your own income. You can also ensure that your medical cover is in place to get great medical care when you need it. As you review your medical cover, you can add other products like GAP, income protection and dread disease benefits.
These are all powerful ways to invest in your best asset: you!

About the author

Robert Lang, CFP, Independent Financial Planner

Website: https://robertlang.co.za/

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