How to Invest Your Money [the fun way]

Mihal Woronko
4 min readOct 4, 2018

A friend once told me that they only invest in companies that they actively support or purchase products from. I thought it was nothing more than a peculiar idea, but after a few years of investing, I’ll agree that there’s some merit there.

I’ve noticed that, subconsciously, I had taken their advice to a certain extent. I tend to unintentionally avoid investing in companies for certain moral reasons (i.e. British Petroleum, Lockheed Martin) and, rather, lean towards the more exciting and innovative options available (Tesla, Alibaba). Is it really a flawed approach? On the surface, it’s selective for all the wrong reasons and not money-wise in the least. That is, until you evaluate the reasons behind why you’re investing in the first place.

Note that this investment post, much like my ‘Beginners Intro Into the Stock Market’, is not intended to give you pro stock advice. It’s rather intended for the hobby investor, he or she who wants to make a few dollars on the side whilst appreciating the experience in itself. My few years of investing have been especially rewarding, not for the surprising (though modest) gains I’ve made since starting, but for the sheer experience of it. If you reshape your perspective on it, and if you’re not solely serious about only maximizing your profits, you’ll learn a lot about the world and it’s captivating industries, it’s heroes, and its innovation.

If you’re Warren Buffet or someone who’s serious about turning a profit, for sure it’s recommended that all personal motives be cast aside when deciding to dive headfirst into a particular company. You wouldn’t want your stock broker to tell you that they didn’t invest in Apple in its early days because they disagreed with Steve Jobs’ view on animal welfare. However, if you invest as a hobby and appreciate actually learning about the happenings in the world like I do, I highly recommend that you put some weight onto these words. The funny thing is that, regardless of your reasoning, the chances are that you’re already doing this to some extent.

Looking at my portfolio, it’s mainly tied into three industries: tech, solar power & renewable energies, and cannabis. I’m a big fan of Jack Ma’s unreal rise to success after a long history of rejected Harvard University applications (at one point, KFC even rejected…