Investment is a lucrative matter in life. This makes the life secure and reaps an appreciation of value over time. People look for many options for investment. There are numerous consultants who give their advisory. People run after many such advises.
In life three types of investments give best returns. These are investments, which not only give best results, but give amazing compounding. Three investments are as below :
1 Knowledge: If you are investing on knowledge, there is no better investment than that. This is the best way to earn and enjoy compounding. Warren Buffet once asked about his secret of success. He pointed to a stack of books and said “Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest”. These are the real words of a genius. Knowledge makes the life easy and facilitates well crafted decisions. One must not shy away or think twice to invest for knowledge gain. Benjamin Franklin rightly said “An investment in knowledge pays the best interest”
2 Skill development: In modern world, skill development is a key factor for progress. This makes the way for the wonderful growth trajectory. The skill is the most valued virtue. Skills make the business go on. Right skill needs to be acquired. Skill should regularly be brushed and updated. With change of environment, skill too require a change or update. So one must regularly upgrade skill. Along with technical skills, soft skills too need to be developed. Shatterprufe Managing Director, David Coffey, is a firm believer in Skills Development and grooming and shaping employees into leaders. Coffey says, ‘’the reason why Shatterprufe invests in skills development is because we value our employees.’’
3 Education: Education give the base of life. An educated mind can think freely and work properly. It develops in us a perspective of looking at life. It helps us build opinions and have points of view on things in life. John Dewey quoted “Education is not preparation for life; education is life itself.” Education can overcome many evils of society and remove many age old taboos. This can change and revolutionize the world. South Africa’s former president, Nelson Mandela, uttered a famous line in a speech commemorating the launch of Mindset Network, a group working to improve education and health in South Africa – ““Education is the most powerful weapon which you can use to change the world.”
So above three investments are best investments of life.