We’ve often heard about investing money in some asset classes that can generate return. It seems like that’s all investment is about. But often time, the other important resources we can invest in like time and human relationship is neglected.

Investing your money without the knowledge and effort is dangerous. That’s risky because bargain deal are not easily spotted. But if you invest time to learn the trade, to pick up the skill, and to find the deal, the risk is substantially reduced. Most of the time, you are almost certain that the investment decision you make is going to bear fruits.

Money should be invested in material assets that give you monetary return, whether in the form of regular income or capital appreciation. Meanwhile, your valuable “time” should be invested in Life Assets.

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What’s Life Asset?

It is very interesting to note that when we use our time wisely and invest in the right kind of Life Asset, you will be able to save more time and also get more time and care from other people.

Put it in simple term, Life Asset will produce:

  • time saving
  • increased effectiveness
  • time and care from others

So you will have these results:

  • do more with less effort
  • more time to do the things that matter to you

This sounds conceptual but it is a vital factor that determine the success of a person.

Let me give you some examples so you can catch this idea of investing in Life Assets.

Example #1: Invest in Education

We spent many years studying in schools. For me, I am still spending several hours every week to learn new stuff. When you have a higher education, it is easier for you to get a higher paid job. When you learn about stock investment through a course or seminar, you will be able to spot great companies in less time and effort.

After I mastered Cakewalk Sonar (music sequencing software), I can arrange a song from raw melody composition to a final full arrangement, completed with drum, bass, harmonization, string arrangement and even the vocal recording and vocal harmonization, all done within hours.

In order words, investing in education (a form of Life Assets) is going to let you get more accomplishment, in less time.

Example #2: Invest in Health

Many people neglect the importance of having a healthy diet, or doing regular body exercise until it is too late. If you are healthy and fit, you have less “down time”, or sick time. If you are not fat, you feel more energetic and even walk faster. Being more active is also a way to increase productivity.

In fact, health is also a form of Life Assets. If you invest more time to acquire health, you can live longer, have more time, and perform better physically and mentally.

Example #3: Invest in Relationship

During the years when I was active in the insurance selling industry, I have seen thousands of new recruits joining as life insurance agents. Some of them had succeeded literally overnight, becoming MDRT achievers – Million Dollar Round Table, internationally recognized award in the industry. Some of them work so hard, but yet to make a decent income.

The most important factor that determines the success level is the fact that it is common that a new agent normally sells to their natural market during the first few months. Those who succeeded in such a short period of time, are often due to their past effort investing in human relationship.

For these successful new agents, they have been a kind, helpful, trustworthy person in the past. Their friends, colleagues or relatives are so comfortable with them. So buying a new policy or so-called “support” takes place easily. That’s one example of the power of investing in human relationship.

So relationship is also a great form of Life Assets. That’s why you always hear the advice to help other people whenever possible. If the return doesn’t come back right now, it will come back in the future in a much bigger form. It sounds like Life Assets are also subjected to compound interest effect. This is conceptual, yet it is the truth.

There is a saying that it is not what you know, but who you know. In business, it is so true. If you examine those successful entrepreneurs, often time they are so good in building relationship, with their suppliers, vendors, employees, investors etc. Merely knowing someone is of course not enough. It is the bond you have with a person that counts.

When you have good relationship with someone, there is less time spent on arguing. You even get more cooperation. Some influential people that have good relationship with you will be acting as a leverage for you to get more done easily, to overcome the obstacle for you, and to give you more opportunities when you are ready with the capability.

How to Get More Life Assets

So how do you increase your holding of Life Assets? What specific tactic can you apply? To answer that, you would probably need to read hundreds of book that were already published on health, personal development and human relationship. For me, I keep things simple. Here is just some guidance to get you started, or do more of:

ask “what can I do for you?”, especially to those who are better than you

  • help others whenever possible
  • under-promise, over-deliver
  • listen more
  • solve other people’s problem
  • never complain
  • be sincere
  • eat healthy
  • sleep adequately
  • keep learning!

I believe you’ve invested in Life Assets here and there. Tell us more about how you do it. Why kind of result or return you  are getting?

Invest in life asset infographic

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KCLau
KCLau

Personal finance author and trainer

    3 replies to "Invest in Life Assets and Get Unexpectedly Awesome Return"

    • Suraj

      Interesting article indeed. Thanks for the reminder and share.

    • LAI SENG CHOY

      Money can’t buy everything, especially time with your love ones. Work is not everything, especially you work so hard until you miss the valuable time on building up your health. If you working hard for money, you will have money but nothing else. So, what is the value of your life?

      • KCLau

        @Lai Seng Choy, great comment! In fact, money is just part of our life. We don’t need it when we pass on. So there are other more important thing in life that we need to treasure, just like what you’ve said.

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