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What would you do if money was no object?

Discussion in 'Investor Psychology' started by mrdobalina, 15th Jun, 2016.

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  1. mrdobalina

    mrdobalina Well-Known Member

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    I love watching this video.

    "What would you do if money was no object? How would you really enjoy spending your life?"



    A lot of us invest so we can get to stage where we can enjoy spending life doing what we really want to do, instead of grinding each day in a J.O.B.
     
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  2. TMNT

    TMNT Well-Known Member

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    bill gates seems to still work his butt off even at his wealth and age!
     
  3. mrdobalina

    mrdobalina Well-Known Member

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    He's probably 'working' his butt at stuff he's passionate about. When you do that, you don't feel it's 'work' !
     
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  4. alexm

    alexm Well-Known Member

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    I'd continue working. Why stop if you enjoy what you do?
     
  5. mrdobalina

    mrdobalina Well-Known Member

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    That's great.
    What if you didn't get paid a salary for working what you do? Would you still do it?
     
  6. Xenia

    Xenia Adelaide Property Manager Business Member

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    Stay in bed
     
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  7. mrdobalina

    mrdobalina Well-Known Member

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    Sleeping... reading... or dreaming of ways to conquer the world?
     
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  8. Xenia

    Xenia Adelaide Property Manager Business Member

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    Love it
    yes!
     
  9. Mumbai

    Mumbai Well-Known Member

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    That's what she said!
     
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  10. The Y-man

    The Y-man Moderator Staff Member

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    Teach/Lecture (but not mark!)

    The Y-man
     
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  11. Leo2413

    Leo2413 Well-Known Member Premium Member

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    What subject?
     
  12. mrdobalina

    mrdobalina Well-Known Member

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    So what's stopping you?
     
  13. Bran

    Bran Well-Known Member

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    No way in hell (but that's mostly because I want my 20s and early 30s back, which cant happen). Helping people is great, but I would choose something far less stressful. I'd consider a sedentary practice doing basic stuff - maybe.

    Kids requirements aside, I'd live somewhere peaceful, perhaps with water views, good mountain biking nearby. I'd be happy using my training in some way, but not with the degree of responsibility and stress I take on now.


    I'd study, read, and perhaps teach in some fashion. I'd take turns of prolonged visits in different parts of the world - starting with Italy (again), and a Castle tour of Scotland and Ireland (again).
     
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  14. alexm

    alexm Well-Known Member

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    I enjoy the corporate life along with my investing/developing so Yes, I would still do it.
     
  15. mrdobalina

    mrdobalina Well-Known Member

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    That sounds great. I can picture a quiet little village in the Lake District or Cotswold in England.

    So what's stopping you from pursuing what you REALLY want to do?
     
  16. joel

    joel Well-Known Member

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    I'd travel the world and live in luxury. The Dan Bilzerian lifestyle
     
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  17. The Y-man

    The Y-man Moderator Staff Member

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    I am a lecturer in my spare time. However, until I can start up my own institute, I don't get to say what we teach, and how we assess. And whilst I don't like marking (even if I outsourced it), I must say I haven't found a better way to assure some level of comparison with other institutes. In that respect, being a seminar presenter is better - but then we all know on this forum what high regard they are held in! :D

    @Leo2413
    I lecture (almost) anything :eek: I started with Manufacturing Management (TQM, Kaizen etc), then dropped the manufacturing and went Management, Leadership (post-grad), Innovation Management (under and post-grad), Small Business Management, Org Design and Org Change before moving onto International Business, International Finance, Entrepreneurial and Venture Finance. Had a shot at lecturing Microeconomics too. This year, I tutored Commercial Aviation Management (ok, that stretched me a bit....)

    I used to say I love teaching so much I'd do it for free - I think the Uni I work for heard me and cut my pay by 50%.....:oops:

    I agree with the gist of "do what you love and the money will follow" - HOWEVER - there are some projects which I find needs the funds and resources to get you to the ideal. As mentioned above - I am involved in a start up trying to set up a learning institution (no it won't be called The Y-man Institute) with a couple of friends. While we will be looking for the bulk of capital from investors, there's just unavoidable up front costs as we try to land our first deals and set up.

    The Y-man
     
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  18. mrdobalina

    mrdobalina Well-Known Member

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    You sound like all my MBA professors rolled into one!

    All the universities are petrified of the free online courses popping up. You can do free uni level courses delivered by MIT and Harvard professors. They are disrupting the whole education model.
     
  19. Leo2413

    Leo2413 Well-Known Member Premium Member

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    @The Y-man how are you able to lecture on so many topics...amazing stuff.
     
  20. hobo

    hobo Well-Known Member

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    Put simply: learning, and travelling (which is sort of part of learning, too).
     
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