Investing is a topic that has started frequently appearing in the media since the notions of success have become more widespread. The idea of becoming richer after funding an organization or obtaining shares of a prominent company for future profit sounds tempting for those striving for accomplishments. However, investing does not only cover the money aspect, as many might think. The theme of contributing to something in order to receive the greater good goes beyond financial subsidizing, and it might also involve time, effort, and the presence of a person. The topic of investing is quite deep, and to explain it adequately, it is necessary to look at the phenomenon through analogies catered toward two different age groups. Therefore, the explanation of the process of doing the dishes for a younger audience and writing a book for an older audience may be perceived efficiently.
Investing Is Like Doing the Dishes
Doing the dishes is a process known to almost every person in the world. The procedure is quite simple; however, it is incredibly beneficial. People are taught from a young age about the importance of cleaning the plates after each meal. The reason for cleaning lies in the fact that the dirty dishes are unpleasant to eat from. The process includes a few steps: to start with, the plates that are dirty need cleaning in the sink. Secondly, the person takes the dishes and starts spending time washing them. As a result, there are clean plates that can be used for other meals.
Investing also means putting time and effort into something of value to achieve a desirable outcome. The reason for contributing is to perform intellectual or material benefit as a result (Dahl et al., 2018). The presence of dirty plates in investing can be viewed as something that needs research and attention. The process of washing implies time being spent and efforts being put into the area of interest. Finally, the outcome of clean dishes ready for serving a new portion of food aligns with accomplishing good results in the developed area. Therefore, investing intellectually in a subject might be like washing the dishes in the sense of a process.
However, there are some differences between the two aspects that are worthy of discussion. Firstly, the presence of dirty dishes implies action to be made, and the lack of it may result in germs appearing all over it. In contrast, an under-researched problem that needs intellectual investment does not require an immediate solution, and harm will not be made if the action is not done. Another distinction is that when a person gets clean dishes after washing them, they do not present anything new. However, studying an important subject implies gaining further information, proving the successful result of an investment.
Investing Is Like Writing a Book
Book writing is a definition of creative thoughts and opinions merging is one cohesive work. Writing is a complex process involving a lot of attention and effort from the author that might result from unique ideas appearing in one’s mind. Many people turn to write as a hobby and a place to express their creativity; however, some tend to write books for financial profit. The process of writing a book involves three main steps: coming up with an idea, spending time organizing ideas into text, and making sure it becomes published so that the author gains monetary compensation. As a result, material or intellectual property appears that can be monetized or used for a portfolio.
Investing also implies increasing income through a series of activities to maximize the profit from work done. There is a risk factor involved in investing in activities that bring a financial contribution; however, the outcome is worthy of an attempt (Newell, 2019). Creating an attention-grabbing idea for a book aligns with finding the right place to invest money to ensure financial profit. Organizing ideas into text is the process of the investment itself: creating and improving a portfolio of things that can be created and working on them until they are developed. Finally, the publishing aspect refers to financial gain from an investment made.
Nevertheless, there are aspects in which the two activities are different: a risk factor and the process. Firstly, the book writing process does not imply high risks; it is usually associated with a calm activity rather than a risky venture. It is possible to lose money while investing it into a stock market, whereas if the book proves unsuccessful in sales, it is still an experience for the author who wrote it. Secondly, the process of writing requires attention to detail and allows for corrections made. In contrast, modifications in investing are only acceptable in a few cases, for instance, right before funding or changing the path in the stock market after insufficient investment occurs.
In conclusion, investing is a complex topic, but discussing it through analogies makes the perception easier. It is necessary to use different metaphors for appropriate age groups to achieve high levels of understanding. The examples of washing the dishes and writing a book are suitable analogies, with the assistance of which it becomes less challenging to understand the topic of investing. However, it is also vital to acknowledge the differences between the presented theme and the analogy to better understand the matter.
Dahl, R. E., Allen, N. B., Wilbrecht, L., & Suleiman, A. B. (2018). Importance of investing in adolescence. Nature, 554(7693), 441-450.
Newell, M. (2019) Investing for beginners. C-S Publication.