Saturday, April 28, 2007

On appreciation

When you go to buy a new car, the second you drive it off the lot, it's no longer a "new" car, and it's now a "used" car (some would say "practically new", but that's still not new). And what's happened to its value? It depreciated. By as much as 0% or more. Just by driving it a few feet.

In contrast, let's say you bought stock in a company. Let's say this is a company with solid financials, great management, and a real vision of their future growth. This stock is likely to appreciate, that is, increase in value.

Webster defines appreciate two ways:
1) to grasp the nature, worth, quality, or significance of, and
2) to increase the value of

When you appreciate something, you grasp the nature or quality of it, and at the same time, I believe, you increase its value, at least in your own mind. For example, that new car is probably worth more to you once you've bought it and can more fully grasp its meaning and value in your life.

The same is true with everything around you. Focus on beauty, worth, and significance of everything you see -- make an effort to really appreciate the everyday elements in your life -- and it will increase in value as well. Become an appreciator of all things, and you'll find yourself living a richer, fuller life.

Your comments?

2 comments:

Nathan McDuck said...

Excellent post, Zach! I "appreciate" the point you made, and your conclusions are both logical and thought-provoking.

chloe said...

so...I happened upon your blog through cropstar's. And, blogging has helped me appreciate things around me more than I ever did. I just seem to notice so much more.

Thanks for your post!