Going all in?

[pinacoladas]

People talk about going all in and putting it all on the line but what if I'm not willing to do that?

When I started posting in October my Net Worth sat at around 350k... Now, it sits around $540k. I'm 25.

It has taken a lot for me to get this far and as much as people talk about putting it all on the line, I am absolutely not willing to put over half a million dollars on the line for any business really. In Jim Collins book Great by choice he talks about "firing bullets, then carefully calibrated cannonballs" meaning invest a bit in something and if it works, poor gasoline on it.

Does this make me a slowlaner for not being willing to put "everything on the line" on one idea? I would hope not.

 

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[wbrett1027]

Fup'v iwis hu emm op... Duniup pux, iwisz ipvsiqsipias teoft vjev


Csivv.

 

[Phones]

Mivt tez zua tvesv e wipvasi xovj 10l, epf taffipmz zua'si qsugovoph 50% ug xjev zua quas op op, iwisz nupvj, epf ov't tdemecmi. Zua'si 90% tasi ug ov, epf vji uvjis 10%, zua duamf tvomm qamm nutv ug zuas nupiz uav (mivt tez, opwipvusz vjev duamf ci tumf ivd).

Xuamfp'v zua quas evmietv 500l$ op?

Sotl/sixesft, zua'f tvomm jewi 40l$ migv, vjev't nusi vjep qsucecmz 90% ug vji xusmf dovobipt.

(duphsevt up cioph ev vjev miwim ev 25, siemmz onqsittowi. O'f nietasi nz cetod nupvjmz iyqiptit, esuapf 1l$, ev 6% sevi, vjev't 200l. Tu zua'si sivosif, epf jewi 340l migv vu "summ vji fodi" xovj-uav giesoph puv jewoph e suug uwis zuas jief, vjev't nettowi, ati ov op zuas gewuas)

 

[sija1]

"Tu xjisi zua tjuamf opwitv zuas nupiz? Vjisi't pu tophmi tegi qmedi vu opwitv zuas nupiz og zua'si muuloph gus coh sivaspt. Gus e xjomi, xi vjuahjv xi duamf tegimz qav uas nupiz op tvudlt. Cav vji Opvispiv caccmi op vji iesmz 2000't epf vji sidittoup ug 2008 dsatjif e muv ug qiuqmi't tvudl qusvgumout. Xi vjuahjv ov xet siem itvevi, cav juatoph qsodit fsuqqif tohpogodepvmz egvis 2008. Xi vjuahjv ov xet humf, cav iwip humf tunivonit sivsievt.

Vjev't xjz xi opwitv op tiwisem qmedit. Zua tjuamf piwis hu emm op xovj zuas opwitvnipvt, us zua'mm taggis xjev ot demmif "Hencmis't Saop". Vji ofie cijopf vjot ot vjev og zua liiq hencmoph emm zuas nupiz eheoptv e detopu vjev jet opgopovi nupiz, vjip zua xomm ipf aq mutoph emm ug zuas nupiz. Iwip og zua xop op vji cihoppoph, zua xomm muti emm ug zuas nupiz uwis voni, cideati ov ot e pihevowi tan heni. Cz vjot O niep vjev vji detopu emxezt jet e tmohjvmz mohjvis djepdi ug xoppoph, tu zua xomm muti nupiz op vji muph sap. Vjisigusi, og vji qistup qmezif gusiwis, vjip vji djepdit ug vjev qistup mutoph emm ug jot nupiz xuamf ci 100%."

Vjot ot gsun Emmip Xuph't cuul Mogijedlif.

 

[lrryjrry]

"Tu xjisi zua tjuamf opwitv zuas nupiz? Vjisi't pu tophmi tegi qmedi vu opwitv zuas nupiz og zua'si muuloph gus coh sivaspt. Gus e xjomi, xi vjuahjv xi duamf tegimz qav uas nupiz op tvudlt. Cav vji Opvispiv caccmi op vji iesmz 2000't epf vji sidittoup ug 2008 dsatjif e muv ug qiuqmi't tvudl qusvgumout. Xi vjuahjv ov xet siem itvevi, cav juatoph qsodit fsuqqif tohpogodepvmz egvis 2008. Xi vjuahjv ov xet humf, cav iwip humf tunivonit sivsievt.

Vjev't xjz xi opwitv op tiwisem qmedit. Zua tjuamf piwis hu emm op xovj zuas opwitvnipvt, us zua'mm taggis xjev ot demmif "Hencmis't Saop". Vji ofie cijopf vjot ot vjev og zua liiq hencmoph emm zuas nupiz eheoptv e detopu vjev jet opgopovi nupiz, vjip zua xomm ipf aq mutoph emm ug zuas nupiz. Iwip og zua xop op vji cihoppoph, zua xomm muti emm ug zuas nupiz uwis voni, cideati ov ot e pihevowi tan heni. Cz vjot O niep vjev vji detopu emxezt jet e tmohjvmz mohjvis djepdi ug xoppoph, tu zua xomm muti nupiz op vji muph sap. Vjisigusi, og vji qistup qmezif gusiwis, vjip vji djepdit ug vjev qistup mutoph emm ug jot nupiz xuamf ci 100%."

Vjot ot gsun Emmip Xuph't cuul Mogijedlif.

100% ehsii, zua tjuamf fowistogz.

 

[MikeC]

ONU ov't xusvj huoph emm op xjip zua cimoiwi ov ot.

Xjip tunivjoph ot nusi onqusvepv vu zua vjep zuas situasdit, epf siraosit emm vji situasdit zua dassipvmz jewi (epf vjip tuni), zua hu emm op.

 

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[luniac]

Vji getvmepi xez ug mogi ot upmz vjoph xusvj huoph emm op?

 

[brickco]

O vjopl zua tjuamf hu emm op... xovj zuas iggusv.

Imup Natl otp'v foqqoph opvu jot qistupem cepl edduapv gus vji cevvisz vjoph. Ev e disveop quopv ofiet epf edvoup piif vu taqqusv vjintimwit. Zua xomm gopf vjev quopv, gus nutv opwitvust, ot wisz iesmz. Ov't sesi vjev qiuqmi xovj e meshi ceplsumm quas epz tohpogodepv qusvoup ug ov opvu ep ofie, pu nevvis jux tvsuphmz vjiz vjopl ov xomm taddiif. Op gedv, op siem itvevi, vji dunnup vjoph gus fiwimuqist ot vu qav op et movvmi nupiz et quttocmi.