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"It's money. I remember it from when I was single." - Billy Crystal

Shots fired…

5 Non-Traditional Investments

Between stocks, ETFs, real estate, businesses, gold, CDs, bonds, etc, there are plenty of places to invest your money. Some would say these classify as “traditional investments.”

Chances are you have heard plenty about the above in 90% of investor boy content. So in this piece, we are going to step outside the ring and talk about some “non-traditional investments.”

Don’t get blinders on and think that something only qualifies as a good purchase if it goes up in value over time. That’s not true, and life would be a lot less fun if you lived by that rule.

That said, let’s get into 5 things that despite not providing a 10% annual return over the next 20 years, will probably make your life better.

1) Healthy Food

This is one that can make a big difference, especially when it comes to your long-term health. If you have seen some of my recent meal preps on Twitter (besides the famous dog food post) you can tell that I am a fan of healthy meals.

Eating healthy doesn’t have to be expensive. To be honest, it’s cheaper than eating out when done as shown above. Even if it does cost you a bit more, this is a non-traditional asset that your body will thank you for.

In short, fewer couch potato snacks, and more healthy-ish meals.

2) Better Technology

Had a computer that freezes every 45 minutes or a cracked phone screen that causes you to not be able to answer calls easily? What about wifi that is slower than dial up? Yeah, gross.

These little things are worth upgrading and spending money on in my opinion simply because of the reduced stress and time savings. This also goes for business software, physical tools, and anything that just makes your life more productive.

Don’t get carried away here and think you need a new $1400 iPhone every 12 months (you know who you are).

3) Education

Education in this case covers everything from ordering that $10 book on Amazon to paying $5,000 to chase that degree. Haters will hate, but education is the most foolproof way to increase your knowledge, and as a direct result (most of the time), increase your earning potential.

Not to mention, thanks to this wonderful thing called the internet, free education is more accessible than ever. Though even if your choice of knowledge isn’t free, don’t be afraid to throw a few bucks at improving the IQ score.

4) Gym Membership

My girlfriend is a nurse, and trust me, if there is one thing to learn from her hospital stories it’s that your health can make or break your finances. Just by hitting the gym a few times each week, you are stacking the odds in your favor and likely reducing lifetime medical costs.

For this reason, a gym membership easily qualifies as a “non-traditional asset.”

Combine this with #1 and you will be feeling better, looking better, and probably doing life better.

5) Coaching/Mentorship

Did you want to hit a baseball? Your coach probably pulled out one of these. As you loaded up and took the hack you were disappointed to connect with the rubber portion and watch the baseball drop to the ground untouched.

Your coach chirps at you, “stop dropping your shoulder, wrists inside, go again.” He sees your issue right away, corrects it, and your drive the next one to the back of the net.

This lesson goes for more than baseball. No matter your goal, the fastest way to learn something is by working with someone 1on1 who is where you want to be.

Conclusion

It might not go up in value over time, but that doesn’t mean it’s a bad investment.

Hopefully, you picked up a few “non-traditional assets” or got an idea of another one not mentioned in this write-up. If so, send me an email I’d love to hear it.

Catch you in the next one, Cade.

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Nothing in this email is intended to serve as financial advice. Do your own research. Thanks for reading, if you have any questions, comments, suggestions, etc. about the email don’t hesitate to send me a reply.