Comments on: Composure: The Key To Risk Tolerance http://generationyinvestor.com/2009/11/02/composure-the-key-to-risk-tolerance/ Gen Y's Home for Investment Education, News & Commentary Sat, 14 Nov 2009 13:33:45 -0700 http://wordpress.org/?v=2.8.1 hourly 1 By: Financial Samurai http://generationyinvestor.com/2009/11/02/composure-the-key-to-risk-tolerance/comment-page-1/#comment-3019 Financial Samurai Thu, 05 Nov 2009 14:47:08 +0000 http://generationyinvestor.com/?p=1149#comment-3019 I do highly subscribe to dividing your wealth into various mental accounts. It's all about NOT co-mingling funds. My trading account, for example is a good one, where I start the yr, every yr with 50K. I'll leverage it 3:1, whip it around, and at the end of the year, see how it performs. If i lose it all, it would suck, but it's in a different mental account and is not counted towards retirement. I just want that money to be ready one day if i see something so good, i can drop some money in it and watch it be a multi-bagger. Ya never know! I do highly subscribe to dividing your wealth into various mental accounts. It’s all about NOT co-mingling funds.

My trading account, for example is a good one, where I start the yr, every yr with 50K. I’ll leverage it 3:1, whip it around, and at the end of the year, see how it performs. If i lose it all, it would suck, but it’s in a different mental account and is not counted towards retirement. I just want that money to be ready one day if i see something so good, i can drop some money in it and watch it be a multi-bagger. Ya never know!

]]> By: Stephen Kline http://generationyinvestor.com/2009/11/02/composure-the-key-to-risk-tolerance/comment-page-1/#comment-3017 Stephen Kline Wed, 04 Nov 2009 12:42:01 +0000 http://generationyinvestor.com/?p=1149#comment-3017 Hi Jackie, that's exactly what they're talking about. It makes sense... if you're extremely emotional and get upset at things easily chances are you're going to panic when the markets dropping. Thanks for the comment! Hi Jackie, that’s exactly what they’re talking about. It makes sense… if you’re extremely emotional and get upset at things easily chances are you’re going to panic when the markets dropping. Thanks for the comment!

]]> By: Jackie http://generationyinvestor.com/2009/11/02/composure-the-key-to-risk-tolerance/comment-page-1/#comment-3016 Jackie Tue, 03 Nov 2009 13:47:35 +0000 http://generationyinvestor.com/?p=1149#comment-3016 That is an excellent way to look at it, especially since chances are good that many people have faced an emergency or stressful situation before, so they can look back and see how they acted in reality instead of basing things on how they THINK they might act and feel. That is an excellent way to look at it, especially since chances are good that many people have faced an emergency or stressful situation before, so they can look back and see how they acted in reality instead of basing things on how they THINK they might act and feel.

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