No one likes permanent loss of capital and no one seeks to have a drop in the value of his or her assets. What we need to understand is if you can sleep at night when your monthly statement value has dropped by some amount. More importantly, will it impact your ability to enjoy your life and meet your personal financial obligations, if this were to occur?
Why do we hold back? There are a billion excuses; someone told us we could never do that, our friends or family don't expect us to do that, fear that we wouldn't actually be good at it anyway, we can't afford it, we don't have the talent or training, etc. etc. This is not a blog on why we hold back. This is a blog about what we can do to let go of our fears.
During a brief vacation away with my Greek immigrant parents in sunny Florida, I had the serenity to engage them in several wonderful lengthy chats about their past (always a favourite topic of mine) and to quietly observe them. These are the additional gems that I have gained from my parents' experiences.
When was the last time you did something completely new to you? So often we get into routines and stuck in our comfort zone. Stepping beyond those protective boundaries we have set for ourselves can end up being scary and a bit intimidating. Here's some pointers to consider as you embark on your firsts.
The value of your first job is more than just a paycheque. Learning a new skill with long-term benefits, work-life flexibility, and extras like travel and electronic toys are all benefits. Your dream job search can turn into an unemployment nightmare if you hold out for the perfect position. Especially in today's economy, employers choose candidates with experience and drive -- not prima donnas.
Ten years ago last Sunday, I sat by a window at a breakfast restaurant on de Maisonneuve, ordered a plate of pancakes, got out my journal, and wrote: "What have I just done?" I had just moved to Montreal with $1,000 in my pocket and no job. Ten years later I'm happier than I've ever been -- due in large part to this wonderful city.