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Investing time and money into something that may or may not happen, thoughts?

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heyyou:

--- Quote from: Infinite African Westcoastin 2012 and 13' on August 19, 2013, 10:46:41 AM ---
--- Quote from: heyyou on August 19, 2013, 02:54:19 AM ---My personality is that i hate risk, so i invest to hedge against it - that's why i've been investing in gold & silver as the risk of losing cash in the banks is higher from my research.

I'd agree with bouli77, that part of it is the journey/process & being true to yourself & beliefs/principles.

If you've done some deep research taking in all the advice (good, bad, pros & cons), and go with your gut feeling and be prepared not to be ruled by your ego you can't go too wrong. Sometimes you go to look at the figures and know when to cut your losses and when to stick in for the long haul.

Spending so far as half of my savings on gold/silver was a big deal to me, a massive paradigm-shift, but that was only after doing lots and lots of research in different topics (economics, politics, history, law, the conspiracy/truth movement etc) and that knowledge is also liberating and a return on that investment of time in it's own right!
I've learned so much from it!!!

--- End quote ---

From what I heard, gold and silver may have been riding high around 08 or 09, but those markets are down now.

And what you are talking about is more along the lines of investing.  That certainly deals with money but there is not as much of a time factor (I know time is money, but you know what I mean).   Something like that I think is much easier.

It's harder when you put time and effort into something that may or may not happen.  Just to throw some money down on something isn't that bad..



--- End quote ---

Yes gold and silver are down from 2011, but that's down to a number of reasons plus the market has been manipulated to push the price down. They can do that for so long though.

Also putting some money down is a big deal, and in some respects the same as putting time and effort into a project. Money is a store of your time and Labour/energy done in the past, so you can exchange it for goods and services in the future.

TraceOneInfinite:

--- Quote from: heyyou on August 19, 2013, 01:10:13 PM ---

Yes gold and silver are down from 2011, but that's down to a number of reasons plus the market has been manipulated to overpriced down. They can do that for so long though.


--- End quote ---

Yes.. they artificially reduce the value of gold and silver and eventually it trends back to it's inherent value.  I'm not an investor but I'm assuming that they artificially enhance the value of the money supply and somehow reduce the value of gold and silver, but perception is often reality.. so in that case, even though you are technically "right" to invest in gold and silver you could still end up losing because it's not a fair game.


--- Quote from: heyyou on August 19, 2013, 01:10:13 PM ---
Also put put some money down is a big deal, and in some respects the same as putting time and effort into a project. Money is a store of your time and Labour/energy done in the past, so you can exchange it for goods and services in the future.



--- End quote ---

Agreed, that's why I put in parenthesis (time IS money).  

But when we are talking about stress situations, most often we are affected by what is visible and not savings of money (time) that occurred years ago.  An obvious example would be if I give a 10 year old kid in Haiti a popsickle he will be happy.  He's not going to say... "Well, although I like this popsickle, looking at my situation from a worldly and historical perspective, I must say that my lot in life is not good, and across the ocean the kids are getting gifts of bicycles, video games, and college funds.  So therefore, I will stay stressed out and not enjoy this popsickle".

heyyou:
Maybe, but you or others shouldn't base happiness or success on comparing to other people. Everyone has a different situation and set of circumstances. All you can do is try to do is be in a better position afterwards and progress.
The kid with the popsicle should be happy based on his personal circumstances, as he is better off. There's always people who are going to be better or worse off, but all you can do is try to control your own destiny as much as you can.

TraceOneInfinite:

--- Quote from: heyyou on August 19, 2013, 01:34:28 PM ---Maybe, but you or others shouldn't base happiness or success on comparing to other people. Everyone has a different situation and set of circumstances. All you can do is try to do is be in a better position afterwards and progress.
The kid with the popsicle should be happy based on his personal circumstances, as he is better off. There's always people who are going to be better or worse off, but all you can do is try to control your own destiny as much as you can.

--- End quote ---

I wasn't comparing myself to other people.  As an individual, not comparing yourself to anyone.  It is hard to look at 100 dollars and see the time that went into that 100 dollars.  It is there, the production is there somewhere, but it can often be hard to see.  So for that reason, I was saying it's harder to invest time in a project then just to simply throw money at something; even though both are equal to each other.  Psychologically they are different. 

^^has nothing to do with comparing yourself to other people.   

MUHFUKKA:
yall broke wiggas disgust me

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