I helped my boyfriend invest his ring fund
Unlike the woman who had to make her boyfriend 300 sandwiches before he would propose, I didn't have to execute any extraordinary acts to “earn” my ring. Instead, I helped my then boyfriend, now husband of two years, invest his ring fund. My stock recommendations were successful, and he used the earnings to buy me the ring of my dreams.
Now before you jump to conclusions about the materialistic nature of society or the death of chivalry, let me explain something. There have only ever been two times in my entire life when I've seen something in a magazine and pined after it: my engagement ring and my wedding dress. Otherwise, I couldn't care less when it comes to fashion and the like. Growing up barely able to afford what you need makes wanting things a waste of time and energy.
But there was just something about this ring. Something that made me want to wear it for the rest of my life. Something that stopped me dead in my tracks outside the door of a jewelry shop on 5th Avenue while he and I were taking a stroll exactly four years ago. There it was - a picture of the ring in the shop’s window.
“Do you want to go in?” he smiled. I shook my head up and down like a bobblehead on a car dashboard.
Fireworks went off when I put that ring on my finger. We both stared at it with tear-welled eyes. But the fireworks quickly fizzled when the jeweler told us the price.
I don't know if I've ever run out of a store so fast. I had no idea how much that ring cost, and I felt incredibly guilty for even wanting something so expensive. My boyfriend, surprisingly, seemed less shocked. He had apparently researched the ring a while back and had already started saving for it.
“I have an idea,” he said. “I’ll invest what I’ve already saved, and whatever money I earn goes straight to your ring. Just tell me which stocks I should take look at.”
Talk about an incentive! As a buy-side analyst, I spent my days looking for promising stocks, and I definitely had a few in mind. The next day I sent him my top suggestions and he chose which companies he felt would do best. They were nothing fancy, I assure you. A utility conglomerate, amusement park company, funeral home operator, and a small pharmaceutical company.
Over the next year, those particular stocks did extremely well. So well in fact, that they nearly doubled his ring fund. And almost exactly a year after that fateful day on 5th Avenue, he was down on one knee in a canoe, offering me the ring of my dreams in exchange for one simple word: “Yes.”
He even hired a photographer to capture the whole thing, including my ugly Kim K crying face saying “You got me the one I wanted!”
So for those of you that think investing is only for retirement, or only for the wealthy, I challenge you to think of it instead as one of many tools in your everyday money toolbox. Educated investing allows you to put your hard-earned money to work. It’s a tool that you can use to expand your means and accomplish financial goals faster than your day job will allow. All you have to do is learn some basic investing principles and you’ll be well on your way.
Investing hasn't just gifted me with a gorgeous engagement ring and a fairytale wedding. It has also given me the freedom to start my own business, and a topic about which I am passionate and enjoy teaching others.
What could investing do for you?