love Investment actually is all around. Even within our favourite TV shows, works of fiction and films, there are some canny investors. Here are some of our favourites.
Boy finds coin in gutter, boy buys a chocolate bar, boy ends up inheriting an entire chocolate factory. A classic tale involving huge returns, a bit of risk and a whole load of chocolate.
The lesson? A little can go a really long way.
Forrest invests some money in a shrimp boat, to fulfil a promise he made to his friend Bubba. Things don’t go very well until a freak storm sinks the competition, leaving the Bubba Gump Shrimp Company with a shrimp monopoly.
What can we learn? If you can weather the storm you can see great returns.
Charles Montgomery Burns
Monty Burns of The Simpson’s fame has invested in a wide range of things, including Springfield’s disastrous monorail and the rights to the song White Christmas. He even went so far as to block out the sun in a bid to increase Springfield’s energy consumption. Despite some savvy investments, his net worth dropped to just $996m and he was booted out of Billionaire Camp. Harsh.
What has Mr. Burns taught us? Your profits can go up, as well as down. And it’s always safer to spread your investments out.
Investing is for everyone.
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Thanks to his immortality – one of the perks of being a vampire – Carlisle Cullen, who featured in the Twilight saga, was able to make some seriously long-term investments. As a result, he has a net worth of $34.1 billion.
The key to investing success? The longer you leave your money, the more chance it’s got to grow.
And someone who could have benefitted from some savvy investing…
Smaug was a seriously risk-averse dragon. Although he picked an asset that famously holds its value, he didn’t put much effort into trying to grow his stash of gold. Instead, he spent many years using it as a bed. The result? He had it all stolen by a hobbit and his bearded friends. Then he got shot with an arrow. Not a desirable outcome.
The moral of this particular story? Don’t just sit on your money. Make it work – and grow - for you.
Don’t be a hoarder. See what your money can do if you invest it using Wealthify.
Please remember that the value of your investments can go down as well as up and you can get back less than invested.
The comments and opinions expressed in this article are the author's own and should not be taken as financial advice from Wealthify.