facebookI recently started investing.. my friends are starting to say that ever since i started, I became alot more money minded, started to ignore me.. Is this what people think of investors? How to avoid..? - Seedly

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Anonymous

30 Apr 2021

General Investing

I recently started investing.. my friends are starting to say that ever since i started, I became alot more money minded, started to ignore me.. Is this what people think of investors? How to avoid..?

Discussion (3)

What are your thoughts?

One month into my investment journey, my good friend told me, "Wah you're basically a financial guru now." I'll take on a different perspective from what everyone else has been saying here!

Compare your conversations with your friends before and after you started investing. If you realise that you're suddenly talking alot more about money and finances, then perhaps something's not "right". From their point of view, it's almost as if their friend (i.e. you) has suddenly become a different person. Maybe that's the problem. Not the fact that you're talking about money, but rather, the fact that you're not behaving as you had used to.

I agree with the other commentors that it wouldn't hurt to share some financial literacy skills with them. But it could be quite in-their-face if you start talking about it out of thin air. Or they might think that you're "flexing" on them. If they're interested in knowing more, they'll probably ask about it! That's when they'll appreciate you sharing about it as well.

In the meantime, don't forget that money isn't the only thing that makes the world go round. What was the dynamic of your friendships, pre-investing? Maybe you'd like to revisit that sort of conversation with your friends again :)

Hi there!

I've personally faced this issue as well when I first started investing. I guess the reason why people have that notion of how you are getting more "money-minded" and start to ignore you is mainly because they don't understand the value of money! (And by investing I'm sure you are someone who appreciates and understand the importance of it).

Perhaps how you can avoid this/not lose your friends is to educate them about the importance of wealth accumulation and learning more about the global economy and financial markets! That way, they will begin to understand why you do what you do and wouldn't deem you as being too "money-minded".

Nicholes Wong

Nicholes Wong

28 Mar 2019

Diploma in Business Management at Nanyang Polytechnic

I talked alot about personal finance to my friends as well. They dont really ignore me but some look...

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