When is enough?

Discussion in 'Investor Psychology' started by MTR, 9th Apr, 2015.

  1. MTR

    MTR Bling Bling

    Joined:
    24th Feb, 2007
    Messages:
    7,683
    Media:
    32
    Location:
    My World
    Perhaps it's not about the person with the most money, but being happy with what you have..?.
     
  2. Xenia IM

    Xenia IM Property Manager

    Joined:
    19th Dec, 2014
    Messages:
    754
    Location:
    Adelaide, South Australia
    Happiness is a state not a destination and not linked to anything external. Happiness is present time - in the now and required for further growth.

    Money can be (but not always) a reflection of growth and expansion so when is enough? Never! A person, plant, animal that stops reaching out and expanding will die!

    Gratitude for what you have now is also present time and needed for further growth.

    When do you have enough health? When do you have enough happiness when you say - ok enough now leave some health for others? Never because like wealth all things related to growth are abundant! - unless off course you believe in scarcity and driven by guilt and not happiness.

    Money does not make you happy but happy makes you money!
     
  3. kathryn d

    kathryn d Member

    Joined:
    27th Nov, 2005
    Messages:
    5,745
    Location:
    Nova Scotia Canada
    When is enough?


    For us, when time was more important.
     
  4. Ausprop

    Ausprop Member

    Joined:
    20th Jun, 2004
    Messages:
    10,497
    Media:
    7
    Location:
    PERTH, WA
    whatever you have when you hit about 45. after that your life is pretty much over and there isn't much point striving too hard because you could drop dead any day anyway. Plus there is nothing attractive about a grey haired Ferrari driver
     
  5. datto

    datto Member

    Joined:
    24th Dec, 2010
    Messages:
    8,804
    Media:
    8
    Location:
    sydney, westie - middle class bogan (MCB)
    Happiness? Having plenty of money, a flash car, not working, a cool house, plenty of chicks, meditating everyday to find innerpeace and avoiding a materialistic, self centred life. Very important that.
     
  6. Jamie M

    Jamie M Mortgage Broker - Oz Wide

    Joined:
    20th Jul, 2009
    Messages:
    4,085
    Location:
    Canberra and Sydney
    Oh man - that means I've only got another 13 years :-(
     
  7. Mr. Fabulous

    Mr. Fabulous Thought Criminal

    Joined:
    28th Sep, 2002
    Messages:
    6,127
    Location:
    Melburn
    Is this enough?

    [​IMG]
     
  8. Richard Feynman

    Richard Feynman Mortgage Broker

    Joined:
    17th Jun, 2012
    Messages:
    1,550
    Location:
    Sydney, NSW
    My life priorities, in order:

    1. Optimise happiness and wellbeing
    2. Remain fit and healthy (physically and mentally)
    3. Solve the money issue

    I have given enormous focus to the happiness thing. In fact, my life revolves around extracting as much happiness and wellbeing from each moment as I possibly can. Every other aspect of my existence is, at best, a secondary consideration, including wealth creation.

    For me:

    Get happy first.

    Be healthy second.

    Then create options via wealth.
     
  9. MTR

    MTR Bling Bling

    Joined:
    24th Feb, 2007
    Messages:
    7,683
    Media:
    32
    Location:
    My World
    This is depressing, we may as well all slit our wrist at 45.
     
  10. MTR

    MTR Bling Bling

    Joined:
    24th Feb, 2007
    Messages:
    7,683
    Media:
    32
    Location:
    My World
    Get happy first, so you are happy now? What makes you happy?
     
  11. sanj

    sanj Member

    Joined:
    16th Jul, 2010
    Messages:
    3,441
    Location:
    perth
    you must be a lot of fun at parties
     
  12. Terry_w

    Terry_w Member

    Joined:
    19th Mar, 2012
    Messages:
    9,610
    Location:
    Sydney, NSW
    Everyone already has enough, before they start.
     
  13. Liverpool St

    Liverpool St Member

    Joined:
    4th Aug, 2007
    Messages:
    104
    Location:
    sydney
    Am I dead yet?

    OMG, I wished I had of known that, I must stop doing those 5kms in the mornings and buying IPs at age 64. I was going to implement Peastman's philosophy of selling an IP every 2 or 3 years, I might as well chuck it in and lay down with a nice cup of tea and a biscuit..


    LS
     
  14. hugh72

    hugh72 Member

    Joined:
    7th Apr, 2010
    Messages:
    723
    Location:
    FNQ
    Over 100 years old and hopefully not as relevant but depressing anyway:
    "The man who is a pessimist before 48 knows too much;if he is an optimist after he knows too little."
    Mark Twain
     
  15. Angel

    Angel Member

    Joined:
    29th Mar, 2010
    Messages:
    2,210
    Media:
    1
    Location:
    Brisbane, Qld
    I can never find a pulse when doing those First Aid courses. I must certainly be dead.

    What happened to "Life starts at 40"?
     
  16. Mr. Fabulous

    Mr. Fabulous Thought Criminal

    Joined:
    28th Sep, 2002
    Messages:
    6,127
    Location:
    Melburn
    There's always time for a cuppa and a bikkie.
     
  17. willair

    willair xx

    Joined:
    23rd Jan, 2003
    Messages:
    6,850
    Media:
    3
    Location:
    fibro humpy..
    I see it all the time when I go camping out in the bush,all some people over 45:rolleyes: have is the campervan living on the sitdown money,and maybe 20 cents in the back pocket and very very happy,"Wealthy is Meaingless" and would be very hard to scale out or measure when you look at people that have very little compared to some one with a lot,and on antidepressant medication ,and from what I read there seems to be more suicides from loss of financial or social status then when you turn up after 45 for a bad medical :) diagnoses...
     
  18. Mr. Fabulous

    Mr. Fabulous Thought Criminal

    Joined:
    28th Sep, 2002
    Messages:
    6,127
    Location:
    Melburn
    Of course they're happy. They're out and about living the life they want to live, not sitting in a cubicle at a job they hate, watching every dollar (can't go buy a coffee, I need to save the $3!), dreaming about a 100K passive income they, statistically speaking, have no chance of attaining.
     
  19. WillG

    WillG Member

    Joined:
    2nd Oct, 2002
    Messages:
    1,395
    Location:
    ACT
    ?The secret to happiness is not found in seeking more but developing the capacity to enjoy less? - Socrates
     
  20. EN710

    EN710 Member

    Joined:
    10th Dec, 2011
    Messages:
    1,050
    Location:
    Sydney, NSW
    I am happy with what I have and what I have achieved, but I can do more and better :D