People sometimes use the word investment in a way that has nothing to do with its meaning. “I think I am going to invest in a new Camaro this year,” or “We’re going to invest in a vacation in the Bahamas.” While these are certainly high ticket items, there is no real way to believe that they will appreciate in value over time. Sure, some classic cars have become more valuable with age, but the majority of them have ended up in the scrap heap. Who can predict which car of today will be the classic of tomorrow? A vacation is in the same boat, even when it is not a cruise. It may be pleasant, and it may make relationships stronger, but as far as financial return goes, there will be no real uptick from taking a vacation though it may help with productivity.
Where Have All The Good Investments Gone?