Fear – Is it stopping you?

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20 Responses

  1. Hey Dude, nice fun post.

    Not sure what banks are giving 3% returns right now – seems high, but maybe..(i’d still take the stocks instead anyway).

    I don’t really have a “fear” of heights/roller coasters/etc, but I just get queasy…i think it’s the motion….I can’t even go high on like little kid swings without feeling like I am going to be sick..haha.
    Jordan @ MoneyMaaster.com recently posted…Jordan’s World Cup Preview, Predictions & Players to watch for the casual fan.My Profile

    • Rob says:

      hey Jordan

      im fine on swings and stuff but do kinda wonder if ill be that guy who pukes mid ride lol. The ghoster coaster and stuff are fun but stepping up to the ones that twist and make you go upside down are a horse of a different color.

      hopefully things will be cool. haha

      cheers man!

  2. You brought me back 8 years when we bought our first house. After we placed our down payment we had like $500 left in the account (Calling it close that’s for sure). After a few months it got easier and easier and everything worked out fine. I’m glad we got out of renting.I was very nervous and scared however. Good times. I find friends that say what they say above are just making excuses more than fear. They would have to do work and that is probably where the fear kicks in. All the best to you and thanks for sharing your story around fear, it brought me back.

    Brian

    • Rob says:

      hey Brian

      np the fear is real. i remember it with both our kids too. Even know i dont find them that expensive. At the end of the day its all in our head.

      glad my story let you reminise on the past, its always fun to do that.

      cheers Brian

  3. MrSLM says:

    I can’t stand spiders either.
    MrSLM recently posted…Financial Update – May 2018My Profile

  4. Hi Rob, are you familiar with dividend income from the private market? Funds are paying 8-13% with no fees. I’m with Whitehaven Securities and I’m happy to answer questions.

  5. Ray says:

    I’m not trying to sell you. I’m just curious if you know about it from your blogging perspective.

  6. May says:

    I definitely had lots of fear last year when I began to invest a big lump sum amount of money into the market and everybody was expecting a market crash at that time. But I also feared if I do not invest, then the nest egg I worked hard to save will lose buying power. I figure I did not even stand a chance if I do not invest. So the bigger fear forced me to conquer the fear of volatility and I did begin to invest. But I have invested slowly because of that fear. Almost one year later and I still have quite some cash at hand. Also, the utilities and pipelines I bought are all under water. I have prepared myself for this and focused on income so I am OK.

    • Rob says:

      hey May

      great example. dollar cost averaging is a great way to go. some of my utilities are under water as well. and enbridge and altagas. might have to make another purchase to lower cost per share and increase the yield on cost. canadian utilities seem like a great buy currently.

      cheers and best of luck.

  7. Leo T. Ly says:

    I fear being broke hand not able to support myself when I am old and unable to find employment when I am retired. This fear had lead me to side hustle as hard as I can and find ways to earn as much as I can while I still can. Suffice to say, this fear had worked out quite well for me.

  8. 3% interest rates at a bank?! Man, I haven’t seen that in yeeeears! But I got the overall point. And it’s why my family’s portfolio is all in dividend stocks as well. It’s hard to beat the steady dividend payments and the slow and steady increase in stock price. This is especially true in sideways markets.

    • Rob says:

      Hey Grizzly

      Welcome, love seeing a new face around here!
      Yeah I dunno about 3% either, maybe a promo rate to get their business. Got to love the higher yields of dividend investing, although I do have some lower yields at the moment…
      cheers

  9. Hi Rob. I have a fear of snakes. Okay. Now the whole world knows. Tom
    Tom @ Dividends Diversify recently posted…You Can’t Make Us RetireMy Profile

  10. I have fear of heights (vertigo). But, as far stocks are concerned I understand the risk. As such I do not fear a downturn.

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