they just dont understand!!!
Has anyone received the reply
"Oh but I couldn't do that!"
"but your just lucky"
"if only I would have known that"
and of course "It's a different market now"
It does matter what response they come up with, they dont understand!!!
The last comment that really astounded us was from a couple we approached to venture into a 50-50 share in a development block. We thought we had maxed ourselves out and need a partner to build on one of two blocks we had purchased. They could choose which block.
As it turns out it the market was much more favourable to selling, because of an extra long settlement so we did and the first question was "how much we sold the blocks of land for" not how much we made, what were the holding costs, etc.
This question was quickly followed by the statement "You didn't tell us we could make that much", which totally floored us.
I personally believe others see it akin to a Tattslotto ticket, there are some lucky winners out there.
They
dont and
wont appreciate the sacrifices you do have to do occassionally to maximize the benefits in the future.
They are happy to accept the advise of financial advisers who get their commissions regardless of performance.
And futhermore are confused when their own finances are slowly eating away their ability to continually buy commodity goods (which to us are known as Bad Dedts.)
We adjusted and now we talk to like minded people, mostly on the forum/meetings as they too have similar interests. Outside that group of people we have become secret squirrels with the exception when someone is
actually interested in investing.
As far as super goes, Although it is appealing at the moment we are endeavouring to provide our own funds for the future and will continue along that path.
Super rules change, so do governments......... and there are no guarantees that the rules that apply today will continue or will be able to be enforced in the future.
In fact its probably least predictable of all.
It would be great to talk openly to everyone about investing, but unfortunately other people dont see things the way you and I do.
cheers
Timm