August eve...dealing with investment stress...a goodyboy good dr house call...
...and at the very top here I will say what I have said and prayed for us all over the past year "be blessed with continued grace for patience and perseverance..."
...you all are on my mind today and I realize that many are experiencing the stress of significant financial crises and the stress of following this IQD investment, perhaps too closely...it may be a good idea to just let go of the daily grind of latching on to every guruian word and simply lay back into a solid position of trustworthy trust in our dinarian beliefs...just trust in yourself and your dinarian decisions...that's it really!
...and that looks like this... aggressively believe in our dinarian beliefs and doubt our dinarian doubts...trusting in the basic decisions we made when we invested...that is, staying lit...(if you are tired of hearing me say "stay lit", I understand...no worries, but I simply believe in what we are doing, and I'll keep injecting positivity into myself, our investment group and into PTR until the end...)
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...i hope you all don't mind, but I have taken the liberty of reposting a portion of my previous "staying lit" post...
...our source of hope and comfort will never be adequate from an external locus of control...ie...from others, gurus, so-called gurus, dinarian experts, even from our dedicated leadership (and we are so blessed to have a transparent and credible leadership team that tells it like it is...IMO, unquestionably the preeminent leadership in this dinarian world)...our source of hope and comfort will come down to our own internal locus of control...from our own faith, beliefs, values and thinking processes...in other words, as a man or woman thinketh in his/her heart, so is he/her...our thought life determines our feelings and behavior...when it comes down to it at the end of the day, there is no where else to go but to look in the mirror and assess where you (we) are at...
...so where are you? (I am struggling with the same dinarian dilemmas)...up or down, doubtful, frustrated, perplexed, confused, is it all about Iraq or not, who the hell are the PTB, questioning your dinarian beliefs, wondering and beginning to doubt whether this speculative investment has any substance for us tier 3, 4 maybe even 5 folk, feel like venting your concerns and fears all over the place, is "done" done, feeling dinarian disorientation?
...There is only one thing that will keep us "lit"...its a decision we have to make to continue believing in the moment of inspiration that led us into this dinarian drama...that moment in time, that gave you the green light to go for it...this was (is) our moment of being lit up and the beginning of our little dinarian light that began to shine...filling you with hopes and dreams and awakening the call on all our lives to participate in humanity, above and beyond ourselves, and to become cohorts with our Creator and visionaries of the purposes that we are all here on the planet Earth to be and do...each of us is created to be and do what only you can be and do...no, it's not bee ess...
A colleague has presented a succinct and helpful commentary, which I reviewed, edited and decided to pass on to all of you dear PTR dinarians in our iCommunity...If you invest your money, you have to deal with stress. You ask yourself, “Is this the best place to invest?” and you ask yourself this question often...besides family and health, there aren’t many things more important to you than your money.
I know it. You know it. We might as well admit it. This creates financial stress and makes it harder to make smart financial decisions...but if you have invested wisely, you have to cure your investment management stress and anxiety. The way to do that is to know and accept yourself completely and live with the consequences of your decisions – good and bad.
Let me clarify this by way of a few examples.
1. Deano IQDeano is a risk-taker. He created a financial plan but also decided to invest significantly into the IQD. He was excited for awhile. But Dean always knew he was taking a risk. He knew that he’d either make quite a bit of money or end up feeling like he was led into a scam, and he was comfortable with those risks.
He was and kinda wasn't the kind of investor who believed that “the IQD is a real investment.” Not surprisingly, over the last few years, a lot of Dean’s excitement has been tested – which is a sophisticated financial term for… Uh… turned sour or burnout.
You’d expect Dean to be upset. Well, he’s certainly not happy about what has and has not happened, but this this IQD investment hasn’t turned Dean catatonic. He’s a risk taker, and he’s willing to accept the consequences. Dean is in the minority of investors who are really willing to take the good with the bad. How many people do you know who would be OK with this turn of events? Not many I’m sure.
2. Careful Carolyn is very risk averse...conservative. She has never been willing to take risks. She’s kept her money in the bank. She never complained when her friends were making big bucks in the market. She knows herself and invested accordingly. But she has invested in the IQD and keeps her eye on this investment at a bit of a distance. Again, Marge perhaps is a rare person.
3. In other cases, Mostly us Mannys, mostly us folks follow a systematic approach to investing and understand that at times they’ll do well, and at other times they won’t. We invest a little in at risk investments (shh, don't tell anyone, but I have sum dinar!!!!!!)...we accept who we are, the choices we make, and the reasonable results of our actions.
I have no problem with any of these approaches.
But people run into trouble when they become “risk averse” when the investment doesn't mature in the time frame and in the way they expected. This can be an acute problem if you are currently retired.
As I write this post, the IQD investment remains in a state of positive forward progress, but with a plethora of continuing and upcoming questions. Many folks perhaps are beginning to develop this "risk averse" mind-set...becoming frustrated with unmet expectations, becoming discouraged, disappointed, and beginning to feel helpless and then wondering if they did the right thing...
Why do folks fall into this investment rut?
I believe it relates to powerlessness. No, I’m not talking about being powerless over the investment. I’m talking about being powerless over our own emotions.
It’s easy to say “I’ll ride it out,” but it’s tough to actually do it when you are looking at reality on a daily basis. It can also be hard if you have a strategy that is dependent on this IQD RV and perhaps all your eggs are in this IQD basket...
I’ve studied many investors who were wildly successful. I found that quite often, the method they use to invest under-performs for years. Sometimes they under-perform for three years straight. Do you know how difficult it is to stick to something that keeps doing poorly for 36 straight months or as in this IQD investment, not performing at all, but with hopes of the big ending? Not easy.
Your emotions will color and skew your investment decisions – especially if you are into this for debt reduction, retirement, or fulfillment of your dreams. The best way to make sure you don’t follow your emotions is to acknowledge them first and then reinforce the need to stick to your plan...this is the process of staying lit! Accept the fact that you left the path of conventional investment and took the plunge into the unknown, yet predictable IQD RV investment... you left the traditional path and now you either keep walking forward , sit down and cry or turn around and mumble to yourself while you walk back and away from this potential, historical participation in a generational changing financial event...
So here’s my question…
Are you are a person who made big changes to your portfolio over the last several years...ie the IQD investment? Will you stick to your investment strategy no matter what? Are you willing to accept the constant flow of believable and unbelievable information and rumtel? Are you willing to ride this out for as long as it takes? Have you looked at this investment as a quik cure for all your financial ills? Have you accepted the FACT that nobody has an inside track on this IQD investment? Are you invested with a group of other investors who are available to provide support and help you stay committed to this idiosyncratic investment (if you are here as a member of PTR, then you have the support and family that you need right here with our leadership and this iCommunity)
How are you staying lit?