What's your greatest investment?
I've got a buddy who is obsessed with Bitcoin. He's always extolling its virtues. When it shot up 10% the other day, he was in heaven. Considered it more important than the election.
I'm not a big Bitcoin guy. Why? Because I've had about 2 grand in Bitcoin for three years. In that time, were I to cash out today, I'd have an increase of about 3% a year -- and tomorrow it might drop back to where it was when I bought it. As the sages say, "BFD."
My friend insists that doesn't matter, because it was so low in value when it was created. He refuses to say where it was when he bought some. "What it was worth originally -- that's all that matters!" sez he.
Thinking about this, I considered the issue of what is my best investment over the years. Stocks? Nah. The apartment complex where I'm a partner? Nah (even though that creates the bulk of my income). Retirement funds? Nah.
Here's the best investment I ever made. Bought it for $3.95 when I was sixteen years old. Now, it's worth around $20,000. Seriously -- it's worth that much. An increase of over 90% every year. And yet, I'd never sell it. I'd sell my goddamn house first! Because it's not just the source of Blade Runner. It's where I started collecting an author who was considered irrelevant in his day and is now an icon. An author I still read avidly today.
So: what's your best investment? And how do you measure it?
AlextheKay reads a lot
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