From Sucker to Stacker
The investoor mindset vs consumerism.
I have stopped consuming mindless shit, but I am human too, and sometimes I get sucked into the algorithm.
Use adblockers. I like Ublock.
Use VPN, fuck trackers, etc. I like Proton
Don’t watch TV.
Have trash emails, I currently have 77k unread there… It’s all just advertising.
What if you still get sucked into the algorithm and want to buy something?
Invest in it!
I have a perfectly fine working iPhone 12 & apple watch from 2020, I don’t need new gadgets!
Still, I somehow succumbed to the Google Pixel 8 and new watch hype and tried to rationalize why to buy these. Old me would have bought these in a heartbeat.
Maybe it was the A.I gimmick shown in the ads? I Watched some release info on pixel 8, and after that, my YouTube feed was bombarded by impressions and all kinds of advertisements about pixel 8. The more you watch these, the more you want to buy - Fuck that.
What if you invested in Google instead of buying the phone?
Reflecting on the past, it's clear that purchasing stock often held greater financial promise compared to buying the phone. Yet, it provokes a curious inquiry: Were there moments when the allure of consumption presented a better choice? Cmoon man, live a little. I hear this shit constantly. Why on earth would I like to “live a little”? What the fuck that’s maybe the stupidest shit I've ever heard.
You can change your mindset from consumer to investor. The quick dopamine fix may feel good, but investing $50 could yield greater results. Bitcoin helped me to adopt low-time preference. It forces you to adopt it, so give it a go.
The same can be applied to stocks and consumption. I used to drink alcohol, especially beer, so why not own Olvi and buy its products? The Sauna beer tasted better that way. I don’t drink anymore, and I don’t own any Olvi stock…
Although it’s easy to forget sometimes, a share of stock is not a lottery ticket. It’s part ownership of a business - Peter Lynch
What products do you own and use constantly? Why not own the stock then, too?
This is extremely powerful if you're an early-tech adopter. Did you order a Model 3 in 2019? When did you buy your first Nvidia graphics card? What if you bought the stock at the same time? Google will grow in the future, can’t see how that beast would not grow.
If you dollar cost averaged to Google stock instead of buying the phone, your total return on investment would be approximately 98.32%, and you would own 74.56 shares of Google's stock. Value of $8,315.34 total amount invested: $4,193. That is a “free phone,” essentially.
Echoing Peter Lynch's philosophy, the shift from mere consumption to informed investment is a pathway to financial enlightenment, where every expenditure has the potential to yield a return.
Stay safe and stay hard <3
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