Thursday, July 10, 2014

Time is Really Gold

I come across the value of time, whenever I got stuck in traffic and I have things to do ahead that got congested along with the cars in the street. Though, I am still guilty of wasting some of it during the times of emotional traffic.

Relatively, I recalled the movie “In Time” starring lead actor Justin Timberlake. The story is about a futuristic setting where time is money. People work then earns time as their salary. If one runs out of time, he’ll be dead.



Preparing for a marathon ideally requires 4-6 months of consistent training. This is something your body cannot cheat on. Cramming doesn't work here. Whenever you missed a training day, it is as if you revert back to the progress of the training. It’s like a right minus wrong quiz. The body will suffer. Time for training determines the success of your race.

Same applies to the concept of investment. Investor gurus believe in the principle that says “The best time to invest was yesterday and the second best is today.” This is well illustrated in the stock market. But let’s make it simple like in buying commodities. Observe that prices shoot up as time passes, because of inflation or the increase in price of goods and services and lowers the value of money. So when investing, it is best to put in your money when prices are low. This time is usually a week, a month, or a year ago.

We just do not realize, but time is actually money in real sense. It is something certainly more expensive, because you cannot twist it in your favor. We are equally given 24 hours a day, and you cannot loan time for you to have more in a day. Once it has passed, you cannot turn it back. It is also something that you cannot save in a bank or invest in an instrument that earns interest.

Time is usually taken for granted. We act like we have a lot, yet we complain that we do not have it. So use it wisely, because time really gold.

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