I was called crazy a couple years ago when I sold my house and also one year ago when I decided to put all my money in interest bearing accounts. The funny thing is that even now, credit is not given where credit is due. I have learned that when you are the one who predicts the upside and makes people money, they love you. But if you predict the fall, go through the agony of being contrarian with family and friends – and it can get ugly let me tell you – they will rarely admit they were wrong, nor pat you on the back for being right.
In an email to a close family member two years ago I declared that the housing market would crash and also take the economy with it. I received a rude reply telling me I am not optimistic, should take more risk and that there was simply no way that the crash would happen. During continued conversations for two years, I have not once received a ‘you know, you were right about all of this’.
People, on the downside the one thing you can take comfort in is that you are saving your own family’s finances, and don’t ever expect to be ‘proven right’. In the eyes of those who are hurting because they didn’t listen, you will always be the one who brought the bad news, and they will likely pretent that you didn’t even predict it all all.
