Was it all worth it?

Discussion in 'Investor Psychology & Mindset' started by Sackie, 22nd Sep, 2016.

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  1. MTR

    MTR Well-Known Member

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    My World

    Nothing wrong with having purpose and goals in life and enjoying your money, buying some nice toys is a nice reward along the way for all the hard work.
     
    MTR, 23rd Sep, 2016
    #21
    Colin Rice likes this.
  2. ttn

    ttn Well-Known Member

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    The uplift mood was cooking >700 bbq in 3 hrs for school funds when the kids walked by
    and salivated in their eyes on the golden sizzling sausages but I have to give credit to a father :cool:who did 12 years in a row
     
    ttn, 23rd Sep, 2016
    #22
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  3. Bunlee

    Bunlee Well-Known Member

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    Sydney
    What a great thread.......""was it all worth it? "

    I don't know to be honest but the fact is the only thing I can change is the future and how I approach it.

    Taken a lot of financial body blows along the way (Falcon - if you are reading....remember Pan Pharmaceautical & Austrim Nylex?....held the can on those two....caused a few sleepless nights at the time...a couple of relatively large cans in each hand there :) )

    Had some great results too, a Sydney apartment doubling in value in the early 90's within 1 year. Proceeds left in a divorce soon after :)

    Many hours of working, researching, focusing on investments.......many hours on an Australian Shares site full of rampers, pumpers, dumpers, etc.

    The outcome was fairly good in that we now own our own PPOR in a nice part of Sydney and have an IP in that area at about 28% LVR. Quite a bit in Super I guess in relation to others but not heaps. Own a bit of property overseas but not huge value there

    Over the years I walked away from a professional career to do a relatively menial type of job but never been more vocationally happy. That was worth it.

    Have the best family and now making the choice to simplify financial life and spend more time genuinely engaged in that pursuit.

    Single income family (I earn b/w $80-$110k pa shift working) plus investment income so not rich by any means.

    No intention to but another IP (unless market crashes) or invest in direct shares in the main. Disengage from spending too much time on investments in the future.

    I think in 5 years or so I can then answer the question of the thread...yes....the last 5 years were worth it. I can influence those 6 years now.

    Best to all
     
    Bunlee, 12th Oct, 2016
    #23
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  4. Sackie

    Sackie Well-Known Member

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    @Bunlee thanks for your post mate. You've done really well and much to be proud of.
     
    Sackie, 13th Oct, 2016
    #24
  5. Pamela Palmqvist

    Pamela Palmqvist Active Member

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    Fremantle
    Awesome! Cultivating an attitude of gratitude is key
    Well done. :)
     
    Pamela Palmqvist, 20th Nov, 2016
    #25
    Colin Rice and Sackie like this.
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