How to invest one dollar

Two dozen people, from a JP Morgan banker to a sex-worker, offer their opinions on how to best invest one single dollar.

Many of the answers didn't resonate for me, but the idea of putting it into the right charity's box (social worker), of giving it to a busker (living statue), of using it to tip a barista at a cafe you frequent (musician), to buy a quality newspaper (risk associate), or burning it (publicly traded person) all rang true for me, as did this craphound's answer:

I often find the perfect specifications or details from a Goodwill item for $1, and can reference it for years in my designs. In the same way a simple object can tell a story and inspire day-to-day life, postcards or trinkets are not trash if they inspire you.
—Emily Bryngelson, Fashion designer, Brooklyn, NY

Bang for Your Buck [Melissa Batchelor Warnke/Morning News]

(via Kottke)

(Image: Dollar Heart, Chris Palmer, CC-BY-SA)

Notable Replies

  1. Well, this one resonated with me:

    Mike Merrill, "Worlds First Publicly Traded Person," Portland Ore.

    Having played a lot of role-playing games, I think of money as mana,
    the resource a wizard uses to cast spells. The more mana you have, the
    more powerful magic spells you can cast. Spending money releases energy
    and the skill of spending money is not just about the amount but how you
    best focus that energy.
    The greatest reaction you’ll get from a dollar is burning it front of
    your friends. Penny for penny, there is no bigger statement a dollar can
    make than its own destruction. This is a chance to have a conversation
    about money, a subject which is traditionally taboo. (Don’t worry about
    the legality.)
    As in any investment there is risk. You’ll find yourself repeating this
    act at BBQs, camp-outs, and bars with candles. As the thrill of burning
    a dollar wanes you’ll move on to a five, maybe even try a twenty.
    Extracting a crisp new $100 bill will cause someone to say, “No!” but
    your own heart will beat a little faster. This is no longer a symbolic
    gesture. Will you burn a hundred? I hope so.

  2. All these people presumably have a dollar to spare from time to time. So why are many of them not actually doing what they say they would do with a spare dollar?

  3. I thought exactly the same thing. Go buy the damn boarded up theatre and galvanise the damn community then, dude, what's stopping you?

    Had a good laugh at the living statue's idea, "if you have a dollar, give it to me!" Awesome idea, living statue.

  4. Go buy a packet of seeds -- flowers, vegetables, whatever. And then plant them somewhere that people will notice and benefit. Far more value that the cynical jerk who says to burn it.

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