Recently, I’ve seen again a famous picture comparing the cost of drinking coffee to investing that same amount in stocks (you can see it below). Of course, I firmly believe that long-term investments are a wise decision. However, I question whether one should focus exclusively on these investments.
Having a background in psychology now helps me understand that things that may appear pointless at first glance can actually have immense significance. This is true in the case of Starbucks Coffee (which I am a fan of, by the way). Hence, the picture needs an update.