LondonLife
New Contributor
Hi,
I was trawling the internet and found this forum. I found alot of the posts mirrored some of my experiences, especially in the failure and success areas.
Anyway, a bit about me:
I'm 27 years old and am looking at retiring in the next few months to concentrate on the things I love. My familiy, the charities I support, and finally relaxing will be my primary goals. I've gone through some good years and hard years since I started this path at 15, which is investing into dot-coms after selling my own website in 2000. But that's a story for another day.
I am fortunate to have enough personal wealth put aside outside my investments to settle down and ignore them for the rest of my life, especially after selling my company late last year. Currently however, many of my active investments are not doing well. I've been in a trench warfare mindset recently that things could turn around with them. Just one more month, one more month. Up until a few weeks ago I was at risk of pumping huge amounts into these companies and hoping for the best. A risk I've made before, and lost.
In my head I was still the guy trying to "make it", risking it all. A frank discussion with my familiy and friends has eventually made me realise that risking my future to make more money isn't going to get me anywhere. It was hard to get past that mindset, and boy am I glad I've done it! Working 60 hour weeks for what? Double or nothing? I'll take what I've got thank you very much. So i've decided to pull out and enjoy life more than I have been for the past stressful couple of years. I'll maintain my existing share in the companies but will withdraw from a role in them, and halt any further investment. If they're worth investing in, it can be someone elses burden. Investments will always be a part of my life, as that's the way I work. But from now on I'm low risk all the way!
Anyway, heres to living life to the full! I'm sure I will be chatting amoungst you soon.
I was trawling the internet and found this forum. I found alot of the posts mirrored some of my experiences, especially in the failure and success areas.
Anyway, a bit about me:
I'm 27 years old and am looking at retiring in the next few months to concentrate on the things I love. My familiy, the charities I support, and finally relaxing will be my primary goals. I've gone through some good years and hard years since I started this path at 15, which is investing into dot-coms after selling my own website in 2000. But that's a story for another day.
I am fortunate to have enough personal wealth put aside outside my investments to settle down and ignore them for the rest of my life, especially after selling my company late last year. Currently however, many of my active investments are not doing well. I've been in a trench warfare mindset recently that things could turn around with them. Just one more month, one more month. Up until a few weeks ago I was at risk of pumping huge amounts into these companies and hoping for the best. A risk I've made before, and lost.
In my head I was still the guy trying to "make it", risking it all. A frank discussion with my familiy and friends has eventually made me realise that risking my future to make more money isn't going to get me anywhere. It was hard to get past that mindset, and boy am I glad I've done it! Working 60 hour weeks for what? Double or nothing? I'll take what I've got thank you very much. So i've decided to pull out and enjoy life more than I have been for the past stressful couple of years. I'll maintain my existing share in the companies but will withdraw from a role in them, and halt any further investment. If they're worth investing in, it can be someone elses burden. Investments will always be a part of my life, as that's the way I work. But from now on I'm low risk all the way!
Anyway, heres to living life to the full! I'm sure I will be chatting amoungst you soon.
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