Well, I have been reading these shitty investments challenge posts all over #hive and #leofinance. Pretty curious to know what's going around and found this post by . Nobody nominated me but I thought it's okay to share an investment I made a couple of years ago which I still considered the most-est shitti-est.
I purchased a GoodLife Fitness GYM membership in August 2017. Without any apparent reason to be honest. No, it was not a new year resolution to reduce weight. I was not insecure about my body and was never trying to bulk-up. I was fit enough :|I did not get a discount, no. No, no it was a not a gift card. I paid almost 450 for an annual subscription. I genuinely believed that I want to go to a gym to receive a proper fitness training from a professional trainer and be super healthy. The motivation came from within. You know when that happened.
I was pretty excited. I received my subscription email with instructions to follow when I visit the branch for the first time. The branch was 30 seconds away from my apartment, literally. It was the next door building.
I don't know what happened the first day but I did not go to the branch on the set time. I thought I would go the next day. I don't know all the excuses I came up with that year but I managed to NEVER ever enter the gym that was next door. I paid my annual subscription fee and never entered the gym. I did not transfer, I did not forward the amount for next year and I did not tell my wife until after two years.
The reason behind this - is my procrastination. I always thought that I would go the next day, next week, next month, during the winter season, after the winter season and during the summer. It never crossed my mind that I was not going to the gym. I was ready to go but things came up all the time.
From that point onwards, whenever I buy an annual subscription out of impulse I would definitely do one thing. Check-in with the boss- my wife. Nothing similar has happened after that.
I invested 45o $ to do nothing. So, if you review this investment I would rather say that the product was decent enough but I made a wrong investment decision. The investment was made without enough planning, background research and future forecasting. Like any other decisions, investment decisions are not to be made out of impulse but it requires a lot of preparation, subject matter expertise and sustainable passion.