How to invest your money
It’s human nature to want what we don’t have. To assume some alternative to what you currently have is somehow better. Over the last while I’ve felt this phenomena regarding my investments. I recently explored some alternative routes to my investment strategy. See an analysis here.
Now that I’m teaching English in China, and upping my online teaching hours I have some serious cash flow to dump into my investments. So I felt it necessary to review my plan of action moving forward.
Growth Investing, high dividend stocks, & ETFs
As investors we are here to make money. We are always looking for the most favorable return. Since there are many ways to skin the proverbial cat of reaching our goals, we need to look into the total picture of costs and benefits of all options.
For most of my investing career I’ve taken the growth investing approach through buying market index ETFs. I’m young and they provide a less risky way of achieving baseline returns. Though since I’m relatively young; passing my mid twenties, I’m wondering if I should be looking at other approaches.
Teaching English as a foreign language in Asia
Between 2016 and 2017 I spent a year teaching English in South Korea. I had considered teaching ESL for years. Despite a clear lack of training and experience, as is probably shared by 90% of all ESL teachers. After South Korea I was almost positive I would never teach again.
As amazing and truly life changing of an experience as it was, I had pretty much concluded teaching wasn’t for me. Ironically as I write this I’m standing on a metro train in Shenzhen, China.
And yes, I’m here teaching English.. Again.
Visiting Siem Reap, Cambodia
After saying goodbye to Koh Tao, I jumped on a mix of buses and ferries to get back up to Bangkok so I could cross the border into Cambodia. Before coming out this way I figured – ignorantly – that all the countries would be fairly similar and there was just different things to do in each. How wrong I would be.
Finances and mental health
If you’ve ever experienced money trouble, you know how heavy it can hang on your mental health. I’ve been so broke I was only able to put $2 in my beater of a car. I’ve had to turn eat shitty, limited choices of food because I couldn’t afford anything else. It sucks, and I’ve vowed never to return to that spot.