CorbLand
WKR
- Joined
- Mar 16, 2016
- Messages
- 8,734
I am not worried about being ok. I really don’t value your opinion enough to make me worried about swallowing anything.It can be a hard pill to swallow when non-financial factors are worked into financial decision making. You’ll be ok.
Other non financial factors could be what companies do for or against issues you’re passionate about. If company A kills a large number of aardvarks making widgets and company B making identical long term returns doesn’t kill any, you might make a non financial decision based on if you like aardvarks or not.
Many guys do all the investment planning if their spouse can make heads or tails of it or not. It only works because they understand it well. Step in front of a bus, and the odds of the surviving spouse figuring things out isn’t guaranteed.
I post this stuff because people read it and can then make a choice on what to do with their financial choices. Getting both side of the coin only helps them.
I grew up with the pay off your debt, don’t go into debt, etc. and that way of thinking has cost me hundred of thousands of dollars in my short life. I don’t want someone else to fall into the same trap of only thinking there is one way.