CAR, I totally agree no one should expect everyone else to have to pay for their losses. I also like to extend that to those who don’t take risk and are sucking on the government tits.

Yes, we all are sharing our opinion. I wasn’t debating on whether your opinion on your own risk tolerance and desire were adequate or not. I was debating on your constant rail on those who took more risks than you and draw with a very broad stroke by say those who do have/will fail or that they throw all caution to the wind and swing for the fences.

However, you often fail to see that you yourself were given a silver spoon. Not only where your parents were very educated, but they took advantage of the RE market and inflation, that allow you to make financial decision with no leverage. Not all of us were given that silver spoon. Tell me, do you think you could make those same decisions and be where you are today, if your reading/writing are at a 6th grade level? Let me tell you another story about someone who swing for the fences and succeed. I know a couple who came to America about 30 years ago. They weren’t educated in their home country. They came here and to this day, their reading/writing level is probably no better than a 6th grader. They took ESL when they came to learn the basic. Then they started to work for a company. Then soon after, they started their serial small business venture. Every venture was a swing for the fence because they can’t afford to fail. Today, they have well over $1M in RE investment (free and clear) along with a decently successful business. Many business before this one failed. But that didn’t stop them. If they were to follow your advice, they probably are home collecting welfare. So, yes, often times, when you’re not born with a silver spoon in your mouth, you have to swing for the fences to get yourself out of the social economic condition you’re placed in.