Friends of the younger generation were seeking investment pointers from me, and my reply was to invest in attaining new knowledge, thus such draws out another question, exactly how much is an appropriate amount to spend on self-investment? My take on continuous learning is that, spend as much money on it as possible, for instance, apprenticing under cream-of-the-crop gurus. Though of course it all depends on your end goal along with the proportion of your income that you’re willing to set aside, say one of my friends has never been inclined to spend much on clothing and outer appearances, yet he would shell out on his prized books at the drop of a hat. Hence, the so-called fund allocation, in some sense, is self-awareness, of which is equally as significant.
|