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flyer
ParticipantGuess I’m in the flu/nsr camp.
If I was in the volatile tech field, and dependent on a W-2 job for income and hadn’t purchased a home, and/or didn’t have a solid retirement/exit plan, I would probably be thinking more about those things than cars at 41. Just my opinion.
That said, if you know you will be inheriting a substantial amount of money at some point in time, you might feel comfortable spending more freely.
Participant“I wouldn’t want my kids to hang out as an equal with kids who think that is a fine way to talk. Clearly it’s the “logic” of his peers that it’s cool. Your son is probably trying to measure up to this little cliques lousy idea of etiquette.”
Although our kids are now grown, I completely agree with this.
Because of peer pressure, the OP presents a difficult situation. Often people say “They’ll grow out of it.” Sometimes that is true, sometimes it’s not. We’ve seen kids with these type of attitudes grow into adults no one (including employers) want to be around because of their attitude problems later in life, so it can be a real concern.
As we’ve seen with our kids and their peers, eventually, the realities of life will come into play, and lessons will be learned all around.
ParticipantCongrats, flu.
We actually haven’t added any additional properties to our real estate portfolio in several years, but, as you mentioned, that might be an option you could explore.
After going the property route for many years, and paying off the primary, we got into lots of other really interesting investments like film, etc.
Sometimes stepping out of your comfort zone can yield unexpected rewards, but do be cautious. We’ve always invested with friends we trusted who had a proven track record, and we’ve had winners and losers, but the net financially and otherwise has been great, overall.
Sounds like you are in an excellent financial position to do whatever you might want to do from this point forward–so–enjoy.
ParticipantMy parents were really into collector cars, watches, antiques–you name it–and passed them along to us. Enjoy having them, and for their sentimental value, but probably wouldn’t have purchased them myself.
Plan to pass them along to my kids, and hope they’ll do the same.
ParticipantUnderstand that, but I think keeping that thought in the back of your mind is a good way of determining whether or not an optional spending decision makes sense along the way.
ParticipantI can understand your concerns, scaredy, and have had this discussion with some friends who want to buy some big ticket items (planes, boats, etc.)
My take on spending is–if a person knows they have what they need to comfortably support themselves and their families for the balance of their
lives–spend away. If not, monitoring (especially optional) expenditures might be the smart thing to do.ParticipantI haven’t fact checked this, but I would imagine the demo stats for liberals, and for everyone in between, if carefully examined, would reveal more of the same with regard to divorce, substance abuse, etc.
Personally, from reading many financial stats, I think much of the population in this country, right or left, should be far more concerned about what those stats reveal when it comes to long-term financial survival for themselves and their families. That’s just my opinion.
ParticipantFunny, but we don’t know any of the type of people about whom the right or the left generalize. Perhaps people need to expand their network of friends and acquaintances in order to better perceive reality.
ParticipantI can definitely see how the ideas of Marx would be appealing to many today, per my comments on another thread:
“The world definitely seems to be evolving into a more hostile environment on all fronts, but it really shouldn’t come as too much of a surprise when you realize, even in the US, much of the population are literally fighting for their lives when it comes to things like long-term financial security/survival (and all that includes–jobs, retirement, education, housing–etc.) for themselves and their families. Since a lot of anger goes along with that, it does tend to create chaos in society at many levels.”
Does this point to the self-destruction of capitalism as Marx predicted? Guess we’ll just have to wait and see.
ParticipantSad to see so many of these incidents, but glad many are being visually documented, so (hopefully) those involved can be dealt with appropriately.
The world definitely seems to be evolving into a more hostile environment on all fronts, but it really shouldn’t come as too much of a surprise when you realize, even in the US, much of the population are literally fighting for their lives when it comes to things like long-term financial security/survival (and all that
includes–jobs, retirement, education, housing–etc.) for themselves and their families. Since a lot of anger goes along with that, it does tend to create chaos in society at many levels.ParticipantOver the years, my wife and I have learned that if we choose diet and exercise options we look forward to, we are far more consistent, so that’s definitely an important aspect to consider.
No matter what we do, none of us will live on earth forever, but eating healthfully and staying fit definitely make life more enjoyable while we’re here.
Edit: Just saw your post about your “beach run,” flu. Fantastic! We run at the beach on a regular basis and never tire of it.
ParticipantIt will be interesting to see how these issues play out as more and more of the population retires (either by choice–or by being forced out of the
workplace–due to age, health, downsizing, offshoring, etc.)I know we Piggs are well prepared, but when you consider the median net retirement savings in America is less than $60K, it does make you wonder what the future holds for the population as a whole.
ParticipantGreat thread.
Also meant to mention–whatever you decide to do about diet and
exercise–enjoy it–and try to avoid (as much as possible–realizing health issues may not be optional) negative stressors.We have friends and family who are in moderately “good shape,” with few negative stressors, who have lived extremely long and great lives. We also have friends and family who have been in perfect shape in every way , but had major stress from financial or other issues, who didn’t, so it’s definitely more than just diet and exercise.
ParticipantAgree with elliptical, biking, various sports, cultivating great eating habits+ swimming+ our personal favorite–running/walking/being at the beach–and maybe this explains why. . .
“Wallace J. Nichols, a marine biologist, believes that we all have a “blue mind” — as he puts it, a mildly meditative state characterized by calm, peacefulness, unity, and a sense of general happiness and satisfaction with life in the moment — that’s triggered when we’re in or near water.
We are beginning to learn that our brains are hardwired to react positively to water and that being near it can calm and connect us, increase innovation and insight, and even heal what’s broken, Nichols writes in “Blue Mind: The Surprising Science That Shows How Being Near, In, On, or Under Water Can Make You Happier, Healthier, More Connected, and Better at What You Do.” Our ‘blue minds’ — are perfectly tailored to make us happy in all sorts of ways that go way beyond relaxing in the surf, listening to the murmur of a stream, or floating quietly in a pool.”
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