is your profession exposed to investing

Discussion in 'Investor Psychology & Mindset' started by samiam, 20th Oct, 2015.

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  1. samiam

    samiam Well-Known Member

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    Or your family.. is that lead you to investing path?
    Because I have a completely different profession and passion other than investing till I come across SS/ PC few months ago…
     
    samiam, 20th Oct, 2015
    #1
  2. D.T.

    D.T. Specialist Property Manager Business Member

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    No, the opposite. My investing lead me to my profession.
     
    D.T., 20th Oct, 2015
    #2
  3. Chilliblue

    Chilliblue Well-Known Member

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    Profession and family have assisted
     
    Chilliblue, 20th Oct, 2015
    #3
  4. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

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    Same as DT - started investing and then got into business......so far, the business has performed much better than my IPs :)
     
    Jamie Moore, 20th Oct, 2015
    #4
  5. D.T.

    D.T. Specialist Property Manager Business Member

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    Thats because you're in Canberra? :p
     
    D.T., 20th Oct, 2015
    #5
  6. EN710

    EN710 Well-Known Member

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    The closest maybe ... family? They fight about money all the time when I was a little, they buy land and commercial properties, plus obscure spending somewhere else. That said, the one that leads me to investing in property as adult is Rich Dad Poor Dad book I read when I was 13 (because family kept fighting about money)
     
    EN710, 20th Oct, 2015
    #6
  7. Phantom

    Phantom Well-Known Member

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    Nothing to do with my work. Just realised that I couldn't have a comfortable life in retirement on a pension. Also I knew that my normal work would never generate enough savings for retirement even with super. So here I am. Like Jamie and DT investing has given me an opportunity to maybe transition into a career relating to property....working on it...
     
    Phantom, 20th Oct, 2015
    #7
  8. inertia

    inertia Well-Known Member

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    Zero family history of investing - wage slaves to the grave!

    My wife and I earn a decent wage, but have no idea about investing or property. I have been reading HEAPS. Just wish I had started way sooner :-/

    Cheers,
    Inertia
     
    inertia, 20th Oct, 2015
    #8
  9. samiam

    samiam Well-Known Member

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    I guess I want to find a somebody like me and found one @inertia
     
    samiam, 20th Oct, 2015
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  10. hobo

    hobo Well-Known Member

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    My folks definitely influenced my attitude towards property investing. It was pretty much presented as a necessary (and integral) step in "growing up" - ie buying an investment property - so there were all the suggestions and hints in the world until I bought one. Once I'd bought the first, they left me to my own devices.
     
    hobo, 20th Oct, 2015
    #10
  11. Travelbug

    Travelbug Well-Known Member

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    Everyone says they wish they had started earlier, even those in their mid 20's. You are in the right place.
    I had no one to guide me. Mum and dad on the pension. I was always interested in property but started late in life due to lack of confidence, then the Rush was on. I'm a teacher So no encouragement or guidance there.
     
    Travelbug, 20th Oct, 2015
    #11
    inertia likes this.
  12. geoffw

    geoffw Moderator Staff Member

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    I work with a startup, in a co-working space with lots of other startups. So there's heaps of talk about investing, and mentors who have experienced done spectacularly well in their own investment decisions in the past.

    I just spent the evening listening to ten groups pitch their ideas seeking seed funding to make their ideas a reality. Some very interesting ideas there.
     
    geoffw, 21st Oct, 2015
    #12
  13. KayTea

    KayTea Well-Known Member

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    Neither - nobody in the family, or in my job/workplace, is into it.

    Maybe I'm just 'abnormal' :eek:
     
    KayTea, 22nd Oct, 2015
    #13
  14. Vacant

    Vacant Well-Known Member

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    My Dad has always done developments. He started doing dairy farm conversions in NZ and has developed things from orchards to oyster farms and typical subdivisions etc. He made really good money out of some of them, broke even on others but he always managed to help out struggling friends in the process. He's set some people up for life and got others out of pending bankruptcy. I've always admired his attitude in that regard. As long as someone gets something out of it, it makes it worth doing, even if he's not the main beneficiary. He's very big on synergy's and looking for ways to work in with people rather than see them as competition.
     
    Vacant, 22nd Oct, 2015
    #14