Investing to me is simply a means to an end - Nothing more. Its not my life, its part of it.. I invest because it will secure my future when I dont have a very high paying job or perhaps when I dont feel like working .. In the meantime there are goals to achieve, cars to buy, destinations to travel, long list of doodads and anything that takes my fancy.
Dont listen too much to those who tell you that you will look like a tosser in a Porsche. Dont give a toss what others might feel.. most would be simply jealous. I find it all too frequently... tall poppy syndrome.. How can a 25 or 30 year old get paid that much..? Why do they deserve that car when we slog all week long and get paid pittance..? What value does he add to the society and failing all that... it ends up with either "too materialistic", "too shallow", "uncaring towards family" etc etc
Something I do that helps me greatly is that before I splurge on a big ticket item like a new car, I make myself a committment to increase my income by a factor of 1.5 to the value of additonal commitment. So I must increase the income by atleast $45k in the year that I would have taken addtional $30k yearly commitment on additional doodads/car leases etc. I am sure, if you are keen enough, you can find additional few hours to work in order to live your dream.
You can still find enough room to invest - You dont need to start with a $5mill portfolio, Just start slowly and let time do the magic and keep increasing the portfolio size.
I see all too often investors getting consumed by investing and keep hoarding till they have lost the desire to spend... till they become habitual scrooges.
Life is too short - No point holding your dreams for a long time if you can realistically afford them now. There is a foreseeable shortage of doctors for another couple of decades to come, so the only way your income can go is up.
Think big, think positive and ignore the tall poppy syndrome -
Harris