Quote:
Originally Posted by quiet
still awake. anyway, i consider you a friend after all the years (at least an internet friend lol, a little bit more actually). if you want me to shut up, no problem, just say the word. basically, i just feel pretty bad for you, and as much as i am sure you will do act two and rock it out and do something great (or at least good)........ i have to ask, do you regret getting all of your money sucked out from underneath you, and having to start over?
jesus, that sounds like hell. once i really started making money, i was very careful with it, and once i was done, i was SUPER careful with it. i am starting a new biz here in Whistler, but that is all play money, i am *extremely* careful with my major cash/investments. i probably sound like an ass (not trying to though), and just ignore if you don't want to answer here. we are both on facebook  |
I just visited hell on a tourist trip. I have no intenshion to stay there.
honestly - sure I'd like to still have the money. Who wouldn't? But about 15 years ago I was married and broke as shit recently out of college. My wife was a teacher and I said to her one day - KNOWING I would make millions one day that I'm capable of taking big risks that I will probably go bankrupt one day and make it again. I WARNED her seriously about that. And I said if that DIDN't happen by age 45 I would put all my assets in trust and start from scratch. She flipped. She said no fucking way could I give everything away or loose everything. years later I left her LOL
Some things in life I've always just KNOWN - I always KNEW i'd go bankrupt at least once in my life. Honeslty ALWAYS KNEW it. and I'm happy it was for a decent sized number!
I come from a family of people who work for themselves and gamblers. Some of us get the rush in a casino - others in business. I'm the latter.
A life changing moment for me was when i was, shit can't remember the exact age but somewhere between 8 and 14 - with my father, great uncle daniel and one of my dad's friends driving home from the race track late at night. My great uncle danial made millions in the 60's in the concrete biz. Anyway my dad was in the front seat and daniel was driving. My dad was whining about loosing to much money (he still could feed the family but he def lost to much that day) - he went on and on about it for about 30 mins (it's an hour drive home on an empty highway) till suddenly daniel hit the brakes and everyone kissed the windshield. He turned and looked to my Dad and said - " what the fuck are you whining about - you work for yourself - go make some more" - that kinda defined there and then how I look at money from a philosophical standpoint.
Daniel was able to live comfortably (actually really comfortably) his whole life till about a year or two before he died. He ran out of money - and laughed that he lived too long. 2 years before he died he gave his last asset to his daughter - his house for her and her family to live in - and went on social assistance. He always said he never regretted it.(he was in his 80's, it was his time)
Do I have regrets - sure as hell I do but hopefully I learned from them. I could have bailed way earlier on the real estate thing and walked away with piles of money - I made a conscious calculated decision to go all in. It wasn't made lightly. It looked like it would work at the time. I was wrong.
when you think about it - statistically people go though 7-10 major job changes in their life. I've done a few already....
I tend to look at the bottom line - and even bankrupt I have it better than MANY people I know and probally make more money then 95% of GFY. I have a nice house in Gimli, a resort town, new(ish) car, great furniture, 3 big screen tv' s- etc etc etc all legit in the bankruptcy.... LOL and I only got 6 more months till I'm free and clear. I have WAY more money then when i was a student.. and a better lifestyle, and all my RRSPs and other legally protected assets.
I could have probably retired when I divorced my wife had I hidden all my assets then - so this is the second time I've kinda lost it all. She got a boatload of cash and real estate and i took the biz.
I'm not the smartest guy but I learn. I'm not one to want to hang onto regrets. I don't think I made any major wrong moves online - it's the bar and real estate deal that sucked me dry. I still keep thinking I want to try again in the bar biz but I didn't like that biz so i'm moving away from it. Just don't like failing is all. In the future will I be more conservative - yes and no. I'll still take risks. I'm still technically single (living with someone) so I don't have kids to worry about yet - with that I'll probably protect more.
plus I'm working on something that I really think will go HUGE so that gives me hope