The movie, “When Harry Met Sally” is a famous film and is one of my personal all-time favourites, but I bet you didn’t realize that one of the main themes within it applies very strongly to investing.
Can you guess what it is?
What Is “When Harry Met Sally” Famous For?
“When Harry Met Sally” is a 1980s movie about two recent graduates, Harry and Sally, and their relationship as it develops over the following years.
Whenever I think of this movie, the obvious thing that comes to mind immediately is the scene where Sally (played by Meg Ryan) fakes an orgasm while she is sat with Harry (played by Billy Crystal) in a diner and another female customer tells the waiter that “I’ll have what she’s having!”
If you’ve not seen the movie, then it’s worth watching just for this.
The other thing that comes to my mind when I think about this movie though is Harry’s assertion that women are either “high maintenance” or “low maintenance.”
I mention this now, not because I want to talk about women, but because this same concept applies very well to INVESTING.
Allow me to explain…
High Maintenance Investing
Some of the things in which you can invest your money can be described as high maintenance investments because they continue to eat up your time and money keeping them maintained.
For example, if you invest in property, then you are investing your money into physical buildings.
Those buildings require repairing and maintaining to keep them at the same standard.
They also require insurance, certainly for the buildings themselves and possibly for the furnished contents too, if applicable.
To earn an income from property, you’ll need to find tenants to occupy it, which requires management costs to advertise and find them, collect their rent, and possibly clean/decorate the property when they move on and before the next tenants arrive.
All this takes up your time and money after you have bought your property and will be required on an ongoing basis throughout your ownership of the property, right up until the day you sell it.
It also applies equally for both commercial and residential properties.
Hence, why I consider this kind of investment to be HIGH MAINTENANCE.
Another kind of high maintenance investment would be collectibles because they need storage (possibly in a vault) and insurance in case they get damaged or stolen by thieves.
Low Maintenance Investing
In contrast with the above, let’s now look at company shares bought on a stock market.
After buying your shares for your share portfolio, all you have to do is monitor the company news and check the share price now and again.
If you really want to be lazy (or smart depending on how you look at it) you can set up news alerts and share price alerts so that you only monitor your investment when absolutely necessary.
Other than that, you get paid your income in the form of dividends automatically without doing anything else.
You don’t need to spend any more money to maintain your shares or insure them or store them anywhere.
You don’t need to repair them or spend more of your time and money to maintain them in a good condition.
Essentially, all that kind of stuff is done by the management and employees who work in the company that you own a piece of.
These company workers do all of this on your behalf without you having to ask them, manage them or direct them.
Hence why I consider company shares to be a LOW MAINTENANCE investment, which is my favourite kind!
And the real advantage of this is, you can start a share investment portfolio at any time that you have some spare cash, alongside your day to day job, business, leisure or lifestyle because it is a low maintenance activity.
In other words, investing in company shares allows you to add a passive investment stream to grow your wealth and income faster and on auto-pilot!
How To Invest In Shares
If you think you might like to start a share portfolio to make better use of your spare cash then you can obtain a copy of the “How To Invest In Shares” ebook by clicking here.
With opportunities like these, if you want to start investing in the stock market and learn how to invest in shares, then there’s no reason to wait any longer.