🔴 Here's the thing about investing...

I don’t know about you, but I’m super excited by compound effort.

If you set aside what you want NOW (fast food, new clothes, new apartment) for 10 years, then spend your time and money in areas that grow your opportunity, your life will look incredibly different than it does now.

For the first few years, it will look like nothing changed. However, results compound over time and look like hockey stick (exponential) growth.

The Hockey Stick Principles, Flatiron Books

As a 26-year-old young professional working at VeeFriends, I feel like I’m out of the tinkering years and just beginning the blade years. I’m excited to see the growth in my career, and myself as a human.

I’m also excited to see the hockey stick growth of my investments.

In 2017 I invested in Bitcoin, and NFTs in 2021. Then I turned over the crypto profits into a down payment for a house. That house, in addition to growing in equity, is now nearly cash-flowing as a rental property. Even with a string of good investments in rapid succession, I won’t see hockey stick results in my net worth for more than a decade.

At 20 years old, I got into crypto seeking a hedge against inflation.

With the US National Debt continuing to climb…

…and US Dollars in circulation seemingly on a hockey stick trajectory…

…and world reserve currencies (currency held by countries around the world for international transactions and investments and is commonly viewed as a secure and strong currency) tending to last for 110 years…

…and the crypto market hitting yearly highs…

…I’m seeing signs that investing money is better than simply saving.

Here’s the thing about investing.

Most people don’t have the discipline to cut down on spending so they have extra money at the end of the month.

Of those that do have money at the end of the month want instant gratification by buying things they don’t need instead of delaying gratification by growing their money over time.

And those that do invest money don’t have the discipline to let that money sit for 30+ years to grow in a hockey stick trajectory.

Personally, saving money and investing in crypto, real estate, and the stock market makes me happy.

This isn’t meant to say you can’t have fun while investing. Set a fun budget and stay disciplined.

Consider this your reminder to do TWO things.

1. Audit how you spend your time and give yourself an honest review. Are you satisfied with how your life looks in 10 years with the job and habits you have now?

2. Use a budget app to understand where your money goes, make a concerted effort to cut down your spending, and then put the money left over into an investment you feel good about. For many, that includes doing research to understand WHAT to invest in, because you won’t feel good about holding onto an investment for 30+ years if you barely understand it.