Header Ad Module

Collapse

Announcement

Collapse
No announcement yet.

What Do You Do When You Get There?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • What Do You Do When You Get There?

    The Choices Challenge

    An oft-repeated topic on PropertyTalk is why do people get into PI.
    An oft-repeated response is the choices which come from passive
    investment income.

    What choices?

    Those who have read a certain book will recall the tale of the Land
    of the Flat. To me: the saga of the endlessly moving goalposts.

    When does one stop moving the goalposts? When is one There?
    Where is there? (In relation to choices or whatever.)

    So one gave up the daily coffee and muffin breaks and saved for
    an investment PI. Then came another. And another. Now those
    choices are real and present. A muffin and coffee every day is
    easily afforded. How long before one tires of that option?

    What then?

    Wine with dinner every night, instead of just on weekends? Per-
    haps dinner out once a week instead of once a month?

    Where to once the choices are here and the challenge is no more?
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  • #2
    I believe there has to be purpose higher than the level you are asking about. Most people who "make it" have/had a bigger goal. So once they achieve their cash flow goals they then go and do whatever that higher goal was. I know a couple of friends who literally travel the world now on their IP's. Others are involved things as diverse as charity work to complete hedonism.
    But in the main they all had that goal in mind when they started.

    Comment


    • #3
      This is the most important question each of us needs to answer. At what stage do you reap what you sow?
      www.3888444.co.nz
      Facebook Page

      Comment


      • #4
        When You are still young enough to enjoy it!

        Comment


        • #5
          And often it is later than you think

          Comment


          • #6
            Originally posted by Damap View Post
            When You are still young enough to enjoy it!
            Absolutely - that varies person by person.

            Originally posted by Eugene View Post
            And often it is later than you think
            And sadly often earlier.
            Had a friend of my wife up and die at 59. No indication that anything was wrong, normal health.
            Keeled over and died!
            I'd hate to not enjoy all the hard work I've been putting in so am slowly increasing the trips etc.
            Martin Hawes '20 Good Summers' is a good book to put things into perspective.

            Comment


            • #7
              I turned 59 yesterday.
              Instead of worrying about aging I celebrate getting this far.
              A school friend died at 20 (drugs).
              The alternative to aging is not great.

              Comment


              • #8
                Off to Paris this Feb.
                My friend said she was glad I was going, what she really meant was she was glad I am (probably) not going to die before I get to go there
                (I have been before but sooo long ago).
                Want to put a padlock on one of the bridges even though partner is NOT a romantic

                Comment


                • #9
                  Originally posted by Eugene View Post
                  Want to put a padlock on one of the bridges even though partner is NOT a romantic
                  Too many padlocks on too many bridges these days - doesn't seem very special any more - IMHO.

                  Comment


                  • #10
                    Originally posted by Eugene View Post
                    Instead of worrying about aging I celebrate getting this far.
                    Any excuse for a celebration as far as I am concerned.
                    It amuses me how some people seem to think that if they ignore a birthday it didn't happen.

                    Comment


                    • #11
                      I think once you live through enough adversity you learn to celebrate the journey. This has kept me sane many times. There is a fine line between delayed gratification and actually living your life sometimes.

                      Comment


                      • #12
                        Originally posted by Wayne View Post
                        Too many padlocks on too many bridges these days - doesn't seem very special any more - IMHO.
                        Yes. Discouraged too and will likely be cut off.

                        Comment


                        • #13
                          Originally posted by Damap View Post
                          I believe there has to be purpose higher than the level you are asking about.
                          What might that be?

                          Originally posted by Damap View Post
                          Most people who "make it" have/had a bigger goal. So once they achieve their
                          cash flow goals they then go and do whatever that higher goal was. I know
                          a couple of friends who literally travel the world now on their IP's. Others are
                          involved things as diverse as charity work to complete hedonism.
                          Do any of them tire of those, I wonder?

                          Originally posted by Damap View Post
                          But in the main they all had that goal in mind when they started.
                          That seems good. Once it's achieved, can satisfaction be sustained?
                          Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

                          Comment


                          • #14
                            Originally posted by Keys View Post
                            At what stage do you reap what you sow?
                            Not just that, but for how long will the reaping be enjoyable, fulfilling, etc?
                            Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

                            Comment


                            • #15
                              Depends on the goal I guess Perry. I achieved mine and no sign of tiring of it yet. It will keep me going till I die!

                              Comment

                              Working...
                              X