Making Money can be stressful

Discussion in 'Investor Psychology & Mindset' started by MTR, 2nd Oct, 2016.

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  1. MTR

    MTR Well-Known Member

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    Making money can be stressful, have you ever asked yourself is it worth it??
    When you consider the amount of skill/work involved in creating income to sustain your lifestyle?? It can also be a very slow process dependent on the road you choose.

    Was discussing this with my partner and looking at some of our family and friends who are having a pretty damn good lifestyle ie holidaying, gold prospecting etc etc.....with very little money and seems very little stress......

    I am not going to kid myself "investing, making money can be very stressful".

    For me, it generally has more to do with juggling funds, sourcing funds and weighing up the risk of deals and timing of the deals and sometimes second guessing .....whether I am biting more than I can chew.

    Sometimes I think it would be great to do nothing, but who am I kidding.. the positives outweigh the negatives.

    Anyone feel the same way
     
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  2. Indifference

    Indifference Well-Known Member

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    This is a favorite of mine:

    We humans are more concerned with having than with being.

    Once you can truly wrap your head around that little chestnut, life changes for the better... it doesn't mean doing nothing but rather devoting more of your limited time on this rock to being rather than having. This concept will fly straight over most people's head.

    Enjoy the journey (hint)

    Indi
     
  3. MTR

    MTR Well-Known Member

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    I think you are right and it will, but then again its a property forum, and you know what the holy grail is
     
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  4. Guest

    Guest Guest

    Reminds me of this story...

    An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them.

    The Mexican replied, “only a little while. The American then asked why didn’t he stay out longer and catch more fish? The Mexican said he had enough to support his family’s immediate needs. The American then asked, “but what do you do with the rest of your time?”

    The Mexican fisherman said, “I sleep late, fish a little, play with my children, take siestas with my wife, Maria, stroll into the village each evening where I sip wine, and play guitar with my amigos. I have a full and busy life.” The American scoffed, “I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could buy several boats, eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing, and distribution. You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually New York City, where you will run your expanding enterprise.”

    The Mexican fisherman asked, “But, how long will this all take?”

    To which the American replied, “15 – 20 years.”

    “But what then?” Asked the Mexican.

    The American laughed and said, “That’s the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very rich, you would make millions!”

    “Millions – then what?”

    The American said, “Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siestas with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos.”

    via The Story of the Mexican Fisherman - Be More with Less
     
  5. Biz

    Biz Well-Known Member

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    The PC Holygrail:

    100k passive income
    Paid off PPOR
    2 overseas holidays per year and 3 domestic holidays
    Cleaner
    Eating out 3 times per week


    Then life will be perfect and farts will smell like roses.
     
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  6. MTR

    MTR Well-Known Member

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    Lol
     
  7. Iamnumber5

    Iamnumber5 Well-Known Member

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    Not making money is even more stressful.
     
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  8. MTR

    MTR Well-Known Member

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    or losing money
     
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  9. The Y-man

    The Y-man Moderator Staff Member

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    Er.... you forgot the gardener, pool cleaner and flash car(s)

    The Y-man
     
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  10. WattleIdo

    WattleIdo midas touch

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    ..and the personal chef
     
  11. Joynz

    Joynz Well-Known Member

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    Stress is a natural part of life.

    But there is stress and then there is bad stress. Only you can decide which is which.
     
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  12. datto

    datto Well-Known Member

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    I have to agree with the OP.

    Making money (or trying to) is very stressful. This stress could build up to such a point where you find yourself spending many hours every day searching the net and making nonsense comments on various forums.
     
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  13. MTR

    MTR Well-Known Member

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    that's why we have the ignore button, it comes in very handy...lol:p
     
    Last edited: 2nd Oct, 2016
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  14. The Y-man

    The Y-man Moderator Staff Member

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    Yep, a day at work can really be stressful and I often quesiotn if it is worth it. Nothing more relaxing than shopping for a house.

    The Y-man
     
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  15. Ted Varrick

    Ted Varrick Well-Known Member

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    Work? Isn't this work?
     
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  16. TMNT

    TMNT Well-Known Member

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    Im the personal belief that no pain no gain.

    I could live like a hermit and not work but id have to eat 2 minute noodles

    I want to be able to do whatever i want (within reason)

    I cant do that now and hence i will work towards my goal
     
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  17. Biz

    Biz Well-Known Member

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    You're a masochist who loves dealing with bogans in regionals.
     
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  18. BKRinvesting

    BKRinvesting Well-Known Member

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    I live by the motto - nothing worthwhile comes easy. If it's easy - it's probably not worthwhile.
     
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