Would You Take the Risk or Be Comfortable All Your Life?

@owstalaga (4576)
Philippines
October 5, 2015 12:54am CST
Okay... so I'm one of those people who like taking risks and enjoy change. I do not like being stagnant and growing roots in some areas of my life. I used to just go with the flow but a few years after college and I realized I need to take control of my life and so I did. Now I am taking risks left and right, except in terms of love. Somehow I rarely take risks when it comes to love. I'd rather go ahead with some kind of business or job or investment or education of some sort and other things except love. Right now I am into the hot money lending/saving scheme we call online paluwagan. I am careful when joining different groups and only invest in those I really trust. Hopefully my risks bear a lot of fruit and let me buy new gadgets I really need. Maybe I could get some other extra stuff too! I don't gamble but maybe this can be considered gambling of sorts. Taking risks is scary but I am prepared and decided to do this! This is the riskiest thing I've ever done in my life. What's yours?
11 people like this
13 responses
@kevin1877uk (36989)
5 Oct 15
I took a big risk for love and followed my heart, I gave up everything in the UK for my then partner in the US. After almost 2 years we realise we couldn't do what we were wanting to do. Now I back in the UK and have nothing and having to start all over again. I wish we could have made it work because of the love we shared.
4 people like this
@owstalaga (4576)
• Philippines
6 Oct 15
Aw... I think I read about your story. It's too bad when love doesn't work out. But hopefully you've grown and learned a lot from the experience. Hope you find a new love soon!
• Preston, England
7 Oct 15
At least you gave it ago @kevin1877uk many would never have dared. Sorry it never worked out for you.
1 person likes this
• Preston, England
5 Oct 15
Any business or investment venture is a risk so best of luck for yours. I minimise risks since quitting a job to try to find more work on the basis of my experience plunged me into severe debts
2 people like this
@sherryeb (586)
• Duncan, Arizona
5 Oct 15
Changing jobs can do that to you. Happened to me.
@owstalaga (4576)
• Philippines
6 Oct 15
@arthurchappell Ouch. I hope you get out of debt soon. I am still in the process of getting rid of mine, hence the big risks. Thanks!~
@owstalaga (4576)
• Philippines
6 Oct 15
@sherryeb It happened to me too. That's why I'm taking the risks to start paying off my debts and earn more. I just have to be careful and not be blinded by all the money I see.
1 person likes this
@cahaya1983 (10037)
• Malaysia
5 Oct 15
Invested money in an MLM business with no knowledge or background in MLM or investment whatsoever, haha. Yup that's what I did.
2 people like this
@sherryeb (586)
• Duncan, Arizona
5 Oct 15
Did it work out?
1 person likes this
@owstalaga (4576)
• Philippines
6 Oct 15
@cahaya1983 Ack! I don't like MLM. Will never join one but who knows... I might one day but not now. And yeah I am also curious to know if it did work...
1 person likes this
@cahaya1983 (10037)
• Malaysia
6 Oct 15
@sherryeb @owstalaga It...*drum roll*....did not work out. I was just too naive at the time, I guess. Oh well. At least I learned from the experience.
1 person likes this
@katsmeow1213 (29044)
• United States
5 Oct 15
I do not like risks, and neither does my husband. He has just decided to leave his job of 11 years and take another position with similar pay. He will be doing something completely different, but it will be better for him. But he is still afraid of the risk and worried about the switch. I am not quite as worried as I know everything will work out, but I'm not the one putting in my 2 week notice today!
2 people like this
@owstalaga (4576)
• Philippines
6 Oct 15
Oh? Left his job for another job with the same salary? Shouldn't he at least have asked for a bit higher salary than he was getting even if he will be doing something different? After all, 11 years experience is something not everyone has... Good luck then and hopefully everything does work out for both of you.
• United States
6 Oct 15
@owstalaga His salary is really high already. He's been wanting to leave his job for 5 or 6 years but couldn't find anything that would pay even close to his salary... This job will match his salary, he'll work fewer hours, and be home in time for dinner instead of working till 9pm every night. So it's not the money he's leaving his job for. He'll have more time and be happier.
@owstalaga (4576)
• Philippines
7 Oct 15
@katsmeow1213 Ah I see. That's good then if it's a whole lot better than the previous job.
@else34 (13602)
• New Delhi, India
5 Oct 15
@owstalaga,I would like to quote the famous adage,'No pain,no gain.' But be sensible and realistic before investing your hard earned money anywhere.
2 people like this
@owstalaga (4576)
• Philippines
6 Oct 15
That's true... I am now only investing and risking the most I've ever done. Those investments that have been tried by my friend will be the only ones I will go into. After all, as long as I get back my investments plus more then I shall be happy until Christmas.
1 person likes this
@else34 (13602)
• New Delhi, India
6 Oct 15
@owstalaga Fine.Best of luck.
1 person likes this
@owstalaga (4576)
• Philippines
6 Oct 15
@else34 Haha thanks!
@vandana7 (68633)
• India
5 Oct 15
Percentage of risks acceptable or should be taken differs as per age, time, knowledge, constitution/nature, and responsibilities. When you are young, you have many years of hopefully healthy life ahead of you, so you can take more risks. By time I refer economic conditions and legal conditions. If economy is booming taking risks might be a good idea. If economy is stagnant you gotta be selective, if it is dwindling, you need knowledge to make money. Constitution or nature differs based on physical health and the situations a person has been through. If a person has come up from very rough financial conditions, losing money may make him or her tense, if a person is of weak health, he or she may not be able to absorb shocks. Only if the person can relax it is worthwhile considering. Responsibilities can curtail willingness to take risks, because it affects others needs. If I were to divide risks in lifespan..subject to above conditions..when you are in 20's and 30's, - begin with 50 and decrease to 40 percent of all your savings. Then from 40's to 50's, it should be reduced from 40 to 30. Then from 60 to 70, it should be 30 to 20, and lastly it should be from 20 to 10 percent of savings.
2 people like this
@owstalaga (4576)
• Philippines
6 Oct 15
Oh that's great advice... I don't know maybe I'm doing the 50% or more? I know my risks will not fail, the universe will not let me fail! I'm being as careful as I can. The groups that I have doubts with I only invest a little bit. The groups I trust I invest more. Can't wait for pay out so I can reinvest some more!
@scheng1 (24741)
• Singapore
5 Oct 15
Everyone takes risk. The question is whether the risk-taking is calculated or just reckless. If you have done your research, and cannot find anything better, then you are right to take risk for the sake of better return. if you have not done your research for alternatives, then that is reckless risk taking.
2 people like this
@owstalaga (4576)
• Philippines
6 Oct 15
Yes I've done my research. I always study something before getting into it. I don't want to go in blind and suffer from it. That's what recklessness will do. Better safe than sorry.
@boiboing (12881)
• Northampton, England
5 Oct 15
I believe you should only ever risk what you can afford to lose.
2 people like this
@owstalaga (4576)
• Philippines
6 Oct 15
That's right, but at this point I'm willing to risk almost all of it because I need it. That's how big the risk I'm doing now. Wish me luck! Prayers would be appreciated too! Thanks!
@marlina (79707)
• Canada
5 Oct 15
There is a saying that goes like this: A fool is easily part with his money". Do not be a fool!
2 people like this
@owstalaga (4576)
• Philippines
6 Oct 15
I do not wish to be a fool, I only wish to pay off my debts and earn more in the process. Don't worry, whatever happens, I am ready.
@allknowing (70895)
• India
9 Oct 15
Risk taking and facing challenges adds spice to one's life. At the same time one should be ready to accept if the risks and challenges go haywire.
1 person likes this
@owstalaga (4576)
• Philippines
9 Oct 15
Yup that's right. It's part of taking risks. Do you like taking risks or play safe most of the time?
@allknowing (70895)
• India
9 Oct 15
@owstalaga i have taken risks and have enjoyed when results came my way. Giving up my job at the prime of my career was one such risk I took.
1 person likes this
@owstalaga (4576)
• Philippines
9 Oct 15
@allknowing I guess it paid off then if you did well after giving up your job.
@softbabe44 (5899)
• Vancouver, Washington
6 Oct 15
it takes alot to take those risks and you seem to help them get where they need to go your right thou need to really step up and see where it is going
1 person likes this
@owstalaga (4576)
• Philippines
6 Oct 15
Yes it takes a lot and we have to be able to fully commit to it or else it's not going to work at all. I have my fingers crossed until the end of the year.
@LadyDuck (182894)
• Switzerland
5 Oct 15
Be very careful where you invest money, check the background of the groups you joins and see from how many years they are in activity. Good luck.
1 person likes this
@owstalaga (4576)
• Philippines
6 Oct 15
Ah well, there goes the risk... it's all very new. I don't like joining MLMs so I'm joining these kinds for now. Will see what will happen until Dec. Hopefully I'll reach my goal of P100k! If it happens I will celebrate with friends! And maybe I'll add more drinks and food to the brownies party going on somewhere here in myLot.
1 person likes this
@swissheart (6486)
• Romania
7 Oct 15
I guess it depends on the consequences of my act. I would have to analyse very well before deciding to take a risk
@owstalaga (4576)
• Philippines
8 Oct 15
True, you have to study any investment you'd like to get into first. What I learned is with this kind of risk, it's best to also go with your guts instead of using your brain too much to plan on where to invest.
• Romania
8 Oct 15
@owstalaga yes indeed. after all in order to win the lottery you first need to play
1 person likes this
@owstalaga (4576)
• Philippines
9 Oct 15
@swissheart Ah but I don't like joining the lottery because of the very small chance of winning.