Investing habits
Is investing your money in the stock market in comparison to spending it on useless stuff a sign of maturity?
PS: Do not let the real time condition of the market affect your response.
Also feel free to express your opinion in the comments section.
Money can buy you security, but what’s the point for saving up for a Mercedes when you just want to cry inside it? I believe, we should spend for the experiences & our desires at the same time saving/investing for a rainy day.
Depends on what you consider useless. I recently bought a guitar from taylor , cost me as much as a small car and no I am not rich. I too save like most of us, but a guitar worth a few laks vs investing in the market would mean different to different people. For me it's a no Brainer, but for some others it wont be relatable at all. And they would say I spent on something useless. Just like it someone buys a phone for 50k or more I would think it's useless. My phone is Always less than 20k you see.
Taking into account the utility of your purchase let's consider substitute products or services. Like some which can provide the same utility but at a cheaper rate. Something which does the bare minimum required of it.
