Risk Assessment

What's your take on taking large risks at 30+, risks that you should've taken in your 20s? Risks that are stupid and you probably can't recover from because you are 30+?

Shit like investing all your money in dumb business that could make or break you?
Or trekking across the country to meet some girl you met on an obscure forum ala the 00s?

I feel like taking a risk that would destroy me if it fails.

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Any risk that doesn't kill you nor presents a noteworthy threat to your physical or mental health can be recovered from, even if things go wrong. If you've never taken the type of risks that you describe, they will naturally seem enormous now, but they're not frankly that significant. Life changes and takes new paths, but it takes more effort to destroy it than losing money or seeing some girl.

27 years old and I want to take risks as well.

Sadly I still live with my rents, (cheap rent in an expensive state) but I have $20,000 saved away. I want to invest it, but have no idea where to start. I'm not a college guy, never have been, never will. I know if I threw money into it I'd probably lose it all going to college. (Especially since I have no idea what to go for and dyslexic)

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id start with a robo investor

"Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart." -Steve Jobs

You focus on what happens if you fail, but you have not focused on what happens if you succeed.

The idea that you can assume higher risks because you are younger is a load of horseshit perpetuated by the same retards who kept telling people to ~do what they love~

there is absolutely no point in your life at which you cannot fuck up the rest of it, and it doesnt take much to completely fuck it up

if the risk is too great in your 30's, it was too great in your 20's and teens

Maybe destroy may have been a bit heavy-handed but at 30 with no real achievements to my name nor having passed any social milestones I can feel time running against me.

I don't feel like I've actually lived life and for some reason, fear and doubt I guess, I've decided to wait until 30.

> Shit like investing all your money in dumb business that could make or break you?
I live in a country full of safety nets to try to encourage business, so I can't compute.

> Or trekking across the country to meet some girl you met on an obscure forum ala the 00s?
This gets easier as you grow up, not harder. Once you get a real job you have 25+ paid vacation days in most countries and the more established you get the more time and money you have. Even if you went crazy and gave up your career to go walkies for 6 months, if you're older you'll have more money in the bank and more qualifications to walk back into the [career] field with.

tfw wanna try my hand at machining firearm components or a VR startup but have no training in either and no desire to shackle myself to a ten year, $500,000 boulder

>Once you get a real job
I am 30, in a wagecuck job, with only a few thousand in the bank and still live with my parents. I'm on the backfoot and it feels like I'll stay that way without something drastic happening.

I have literally taken all the risks opportunities threw at me and I am super well off!
Sure, sometimes, the risk was bad and the outcome was bad. But so what? I've had more ups than downs and with experience, you figure out which risks are worth taking and which ones are pure losses.

Can you tell me some risks you've taken?

Here is the trouble:

1) I would encourage you to take the biggest risk you can. Drop all the boring shite and go for something exciting. Go to college or nightschool to learn something (profitable) that you've always wondered about.

2) I am risk averse, so if I were you I wouldn't do that. And you don't really want to do it, or you would have done it by now.

You know what you should do, but you don't want to. I'm in a vaguely similar boat, but I don't want to take a huge risk either. But we both should, and we know we should. We need some bigger balls.

>I'm in a vaguely similar boat
Want to expand?

I dislike my existing job (and the field it is in), but I only have experience in these kinds of jobs and am currently too pussy to do anything about it despite having 20 grand in savings. I'm playing it safe but I'm bored out my mind in work. Pay is enough to get by and save a fair bit if I'm sensible.

>I dislike my existing job (and the field it is in)
Sounds like it's a career job at least. I'm still wagecucking in a grocery store.

>my name nor having passed any social milestones I can feel time running against me.
>I don't feel like I've actually lived life and for some reason, fear and doubt I guess, I've decided to wai

"social milestones" kek
How about you create your own milestones OP?

You're saying that there aren't rites of passage that most people go through?

So your problem isn't your age but the fact you've not done much in your 20s. Perhaps that's because your life was tragically in danger, or maybe you had a long risky layabout.

You can probably spare the time to visit your friend but you do need to put sometime into a productive venture to put yourself on better footing. In your situation you can find options where the unluckiest outcome is still a bit of a win and the best outcome is really good (allowing for some basic assumptions like you physically doing what's required). I'd personally go for a profession or something rather than a business.

>So your problem isn't your age but the fact you've not done much in your 20s
Come on, that's at least somewhat related to age. You can't tell me that there's a certain level of social immunity in your 20s like it's okay to inexperienced or incomplete in your teens and 20s?

>In your situation you can find options where the unluckiest outcome is still a bit of a win and the best outcome is really good
How do you mean?

>I'd personally go for a profession or something rather than a business.
One of my very few friends, (who are all terrible but I've stuck by them for almost 2 decades purely cos they were my only options at the time, I mean bad friends are better than no friends), comes up with business ideas every now and again, now wants us to pool all our money into setting up a restaurant or food place and we'll get profits according to how much we put in. You think it's wise to do it?

For adventure stuff, like travel, you need to get it out of your system before 30, or really just before you have any kids. After kids you have to work a stable career.

As far as financial risks you're never to old. I started a business 4 years ago and it was one of the best decisions of my life. I went from making $15 an hour to making about 100k a year now.

>For adventure stuff, like travel, you need to get it out of your system before 30, or really just before you have any kids.
Looks I'm going to be forever yearning.

>I started a business 4 years ago and it was one of the best decisions of my life. I went from making $15 an hour to making about 100k a year now.
What was it?

Bump.

t. 29

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