I had a fabuluous coffee this weekend with HWMNBN and spoke with Bogha Frois as well. The thoughts and news, in sync with my own thoughts, are pushing me to action:
- In 2003, when Gold was at $200, I distinctly rememer having a conversation in which I felt that gold was an asset, and should start buying some. I didn't - gold is now at $665 an ounce.
- In 2004, when we purchased our house, I was tagged by the nagging sense that we shouldn't do it for financial reasons (although I really do like my house and am not sorry on that account). I balked - and now we are on the edge.
- In 2005, rather than stick to my guns and get out of a business when I thought it wasn't working, I stayed in due to pride. The result: financial chaos costing around $100,000.
The point is, I see what to do, and fail to trust in my judgement.
And here we are again. I fear that the business for which I work, in the next 9-12 months, is in for some serious changes (by one estimate, my industry has indicated they will lay off 43,000 over two years). Part of me screams to prepare as much as I can, part of me says "Don't be silly."
Based on my past ignoring of choices, can I afford to do it again?
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