At Ariel Investments, we spend a lot of time encouraging people to invest—to prepare for retirement, save for a rainy day or to send kids to college. But what about investing in yourself?
“Empty your pocketbook into your head” is the kind of thing a grandfather would say, but grandfathers are known for their sage advice. Education is almost always a worthy expense because it is an investment in yourself. Remember that education doesn’t necessarily equate to a formal degree – you could earn a professional certification, or you could take a personal development course. Real-world courses like public speaking and negotiation could give you a leg up when it comes to advancing your career and your personal brand – both of which could, in turn, directly impact your income.
The options are almost limitless these days. In addition to countless opportunities in traditional education, this is the golden age for self-directed learning. A tall stack of books by respected experts is a great place to start, and online courses and resources can keep you busy well into retirement. Just like the stock market, investing in your own mind will yield a healthy return over the long-term. Stay curious!
This information in the Financial Tips section is provided for educational purposes only and is not tax, legal, financial planning or investment advice. Neither the information nor any opinion expressed in this section constitutes an offer to buy or sell any securities or advisory products. The information provided is general and is not information reasonably sufficient upon which to base an investment decision and should not be considered a recommendation to purchase or sell any particular security. You should not regard this information as a substitute for the exercise of your own judgment. Investing involves risk.