Join Early Retirement Today
View Poll Results: Analysis Paralysis Syndrome Symptons
Suffer all the time 14 19.44%
Suffer only when Making Investment choices 4 5.56%
Suffer only when buying big ticket items 21 29.17%
Never Suffer 33 45.83%
Voters: 72. You may not vote on this poll

Thread Tools Search this Thread Display Modes
Analysis Paralysis Syndrome
Old 06-19-2017, 01:25 PM   #1
Full time employment: Posting here.
Luck_Club's Avatar
Join Date: Dec 2016
Posts: 657
Analysis Paralysis Syndrome

OK so I'm curious how many on this forum Suffer from the dreaded Analysis Paralysis Syndrome.

For me I find that my Syndrome is Bipolar in nature. On the one hand I can look at a new real estate investment Saturday Morning crunch some numbers in my head make an offer to commit over a 100 grand and 3 months of time by Saturday night. Stocks even less. Minutes, probably should be longer.

I've been looking to replace one of our cars, and I'm into it for over 4 weeks and can't seem to find the right thing to do. Same with buying my personal residence & boat. Months of research agonizing over the decision to commit. Until finally exhausted and feeling like I'm I give in and buy.

Anyone else suffer from APS?

Luck_Club is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 06-19-2017, 01:37 PM   #2
Thinks s/he gets paid by the post
2017ish's Avatar
Join Date: Apr 2012
Posts: 1,849
We suffer from it sometimes. Perversely, it tends to not pop up as much on big decisions or investments though. OTOH, which bus line is the best option for venturing about Peru, and which Lima restaurants should we reserve in advance are difficult questions! Should I really spend the money on yet another sweat wicking, quick dry shirt when 2 should be more than enough for a two month trip? (Don't even get me started on the agonizing over whether we should buy lighter/smaller/packable dive gear....)

So, let me be the first to say "the poll doesn't provide an option suitable to me"!

OMY * 3 2ish Done 7.28.17
2017ish is offline   Reply With Quote
Old 06-19-2017, 02:00 PM   #3
Recycles dryer sheets
dand76's Avatar
Join Date: Mar 2013
Location: SE Washington
Posts: 53
We call it Paralysis by Analysis and we're full fledged members. Guess I enjoy the process of learning every detail/aspect of something. One bonus is if you analyze a purchase long enough you may get to the point you no longer need it. Does that count towards being frugal?
Work and slave to save enough $$; Sell the house; Reach age 59.5; Buy motorhome; Retire; Hit the road Jack
dand76 is offline   Reply With Quote
Old 06-19-2017, 02:12 PM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2005
Posts: 9,552
I learned about the BEST labelling of personality styles many years ago. There are other labels for the same things.

The main point for this thread is that one didn't want a committee of only "Technical" types to work on something or it would never get done.

Of course, one didn't want only one type for anything and a mixture of types was usually better.
LOL! is offline   Reply With Quote
Old 06-19-2017, 02:15 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
I spent four years researching and procrastinating before purchasing my current vehicle. I waited two years before replacing my falling apart patio furniture.

OTOH, when I have done all the research and a great opportunity pops up, I am capable of making a decision on the spot. So when a rental property in a well managed building where I already own came on the market at a big discount following an estate sale, I made a lowball offer right away (which was accepted).

So yeah, I have paralysis by analysis. Sometimes.
Meadbh is offline   Reply With Quote
Old 06-19-2017, 02:31 PM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
RunningBum's Avatar
Join Date: Jun 2007
Posts: 7,351
Yeah, I'm like 2017ish. I can make a pretty quick decision on a car or an investment, even a house, if I'm informed. The investment, for sure, comes down to a numbers/risk decision, and there's no personal taste "will I like this in a year" kind of factor to labor over. Looking at clothes on a rack, though, I can be stumped at times.

Often it depends on my state of mind. Shortly after my divorce, I went on a trip, and was in a t-shirt/sweatshirt type touristy place. There was some kind of multi-purchase discount going, but it didn't quite fit what I wanted for myself and to take back to my kid. I swear I looked for an hour at the various options and really was in paralysis, and there really weren't all that many choices. The longer I looked, and the more time I had invested, the less I wanted to settle for less than perfect.

After (and even during) that experience, I realized how ridiculous it was and have managed to avoid total paralysis like that, but I'll still spend too much time on some smaller things, like places to stay for a night or two on a trip. Airbnb and vrbo have actually made it better since they are one of a kind places. Unlike a hotel with multiple rooms available (maybe), I realize I can lose out at any moment so I tend to pull the trigger once I've done enough research. I think houses probably fall into that category of something that won't stay around if I wait too long, so I've actually done pretty well with choosing a house.

Cars, I am always thinking of what car I'd get next if I had to, and I'm usually pretty quick to decide when the time comes.
RunningBum is offline   Reply With Quote
Old 06-19-2017, 03:13 PM   #7
Full time employment: Posting here.
jjquantz's Avatar
Join Date: Jan 2014
Location: Northern Virginia
Posts: 922
For us it sets in at a very specific price point - any purchase under $200 does not seem to cause it, nor do purchases over about $1000. But for everything in between we seem to obsess over the "do we really need this?" "can we get it cheaper?", "Are there other options?" sorts of questions.
jjquantz is offline   Reply With Quote
Old 06-19-2017, 03:20 PM   #8
Thinks s/he gets paid by the post
Join Date: Feb 2012
Posts: 1,216
Our failures to move on big purchases is more related to inertia rather than too much analysis. Once we decide to do something w $ it's fairly quick. We are lucky to be able to say yes to the affordability of about anything we consider, it's more a question of is it really worth it?
H2ODude is offline   Reply With Quote
Old 06-19-2017, 03:25 PM   #9
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Posts: 15,160
Well, I put down 'never suffer' as I do not think doing analysis is a bad thing so when I do it I do not 'suffer'....

It took me awhile to figure out which SUV to buy a few years back... and it also took me awhile to actually buy one since I did not get the color or price I wanted... but when I got an email saying they would take off $500 extra on a different color they wanted to get rid of I went down and bought it that day....
Texas Proud is offline   Reply With Quote
Old 06-19-2017, 03:39 PM   #10
Thinks s/he gets paid by the post
Join Date: May 2014
Location: Utrecht
Posts: 2,612
Much analysis = Less spending = Faster FI

I'm at the point where I consider it a guilty pleasure and a luxury. SWR anyone?

Recent example: been thinking about getting a PPL for several years. Might actually get one this year. Or not. Thinking about flying, watching a few educational movies and such are actually fun in itself. Looked at a few airplane models I'll probably never own, but hey I did try to make TCO estimates and rent vs. own considerations.

Next weekend I'm taking a trial lesson. 50% chance I'll realize then I don't like it as much, or I'll get sick like that glider flight I once did. Then that's the end of pre-enjoyment ..

Analysis Bliss Syndrome?
Totoro is offline   Reply With Quote
Old 06-19-2017, 04:09 PM   #11
Recycles dryer sheets
Join Date: Jul 2015
Posts: 175
There is a good book called "Paradox of Choice." The author also did a TED talk which is good. I'm always reminded of that scene in Hurt Locker where the guy comes back from Iraq and has to buy cereal. I feel like that all the time. Who possibly needs that much choice?

clobber is offline   Reply With Quote
Old 06-19-2017, 04:13 PM   #12
Thinks s/he gets paid by the post
Fedup's Avatar
Join Date: Mar 2014
Location: Southern Cal
Posts: 4,032
Not analysis paralysis but laid back approach to buying things. The I get to it when I get to it syndrome, no definite time frame.
Fedup is offline   Reply With Quote
Old 06-19-2017, 05:02 PM   #13
Thinks s/he gets paid by the post
Marita40's Avatar
Join Date: May 2011
Location: St. Paul
Posts: 1,329
I had two months of analysis paralysis over renewing my LTC insurance recently. The premium went way up, and I've been conflicted over the whole idea of LTCI anyway. I analyzed the situation to death, read everything I could find on the topic, talked to wise people, ran scenarios, etc. For every positive there was a negative. Finally, having come to no decision the day it was due I caved and renewed, figuring maybe I'll have better answers or more insight on it next year. The fact that I'm feeling flush from the market being up helps right now.
I'm usually good with other decisions. I research to the point where I don't think more research is worth my time and then decide. But LTC is its own peculiar can of worms.
Marita40 is offline   Reply With Quote
Old 06-19-2017, 05:35 PM   #14
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
Join Date: Jan 2008
Location: Chicagoland
Posts: 13,524
I won't say never, but I don't usually succumb to 'analysis paralysis.' I enjoy researching products, services, investments, etc. more thoroughly than most before spending money (or time), but I want to act sooner than later, so no paralysis. A car for example would typically take me a week or less from start to finish.
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 45% equity funds / 30% bond funds / 25% cash - radically changed Nov 2018
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 06-19-2017, 06:04 PM   #15
Thinks s/he gets paid by the post
Join Date: Jun 2016
Posts: 2,758
My biggest "analysis paralysis" to date was over when to ER. It's such a big decision that I don't feel too bad really thinking it through before taking action. Sometimes it can save $$ as I've found if I delay a purchase long enough, I'll sometimes decide I don't want it at all.
Scuba is offline   Reply With Quote
Old 06-19-2017, 06:25 PM   #16
Full time employment: Posting here.
Join Date: Sep 2012
Location: Albuquerque
Posts: 625
Analysis Paralysis is an issue with me as I like to over research but dislike making decisions for fear of regretting that decision. For the last few years, I've been saving for retirement so have avoided large purchases or replacing items unless absolutely necessary. But it is getting to the point where I am ready to retire and will have to make some decisions about when to take social security or whether to do Roth conversions and replace my old car, broken kitchen appliances, and landline phone. Also where to go for vacations. It just took me a month to purchase a laptop and I went around in circles.
Retired on 9/30/2017; age 62
ABQ2015 is online now   Reply With Quote
Old 06-19-2017, 09:42 PM   #17
Full time employment: Posting here.
Join Date: Mar 2008
Posts: 775
While I do analyze a lot, once a decision is made, we move forward. Now, what I don't do is continue to analyze choices. I don't want to start kicking myself for not getting a better deal had I waited.
akck is offline   Reply With Quote
Old 06-19-2017, 09:42 PM   #18
Moderator Emeritus
W2R's Avatar
Join Date: Jan 2007
Location: New Orleans
Posts: 41,813
Once I know what I want, after studying it half to death for six times as long as anybody else, I have no trouble jumping on it when the time is right.

When my dream house came on the market, I wasn't even actively looking for a house. But I knew exactly what I wanted and this was it, so I had my offer in on it less than 20 hours after the realtor first put up the For Sale sign (long before it hit the MLS).

When I decided it was time to buy my retirement car, I knew I wanted a Venza if the test drive went well. I was talking to the Supercuts lady about how I needed a new car, realized the time had arrived to buy one, and afterwards went straight from there to the Toyota dealer (wet hair and all!) and bought it. I guess that took about 2 hours.

As for retirement, I decided on the date years and years before I retired. It came on a Saturday, so I retired the following Monday when the office was open. No second thoughts; out the door.

But you know when I got analysis paralysis? At the very LUCKIEST time; in late 2008 through early 2009. Like some others here I was terrified, though "whistling a happy tune". I didn't know what to do so I just followed my written financial plan which said to do absolutely nothing other than some buying low. That worked out very nicely for me.
W2R is online now   Reply With Quote
Old 06-20-2017, 07:14 AM   #19
Recycles dryer sheets
Join Date: Oct 2016
Location: Pinetops
Posts: 401
I just bought a brand new 55" LG Smart TV two weeks ago.

It took me two hours to sell a 12 year old Dell 37" on Craigslist for $50.

It took almost three weeks to pick out a 55" LG Smart for $420.

To make matters worse - my wife and I had to revisit the programming selection process for Cable versus Ethernet versus cutting the Chord.

We chose the most expensive (which was Google Fiber) and it really puts Spectrum to shame. That selection process took many weeks, as well.

IMATERP is offline   Reply With Quote
Old 06-20-2017, 08:53 AM   #20
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
easysurfer's Avatar
Join Date: Jun 2008
Posts: 9,293
Since there is no "other" category on the poll, I can't decide what to select .

The last time I had mild paralysis by analysis was buying a cover for my new phone. Had to choose between black or blue. Even after receiving, had some buyers remorse. But in a few hours, happy with the choice and now at the point of "Look, I got a nice blue phone cover".

Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
easysurfer is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
New Member: ER Musings and Analysis Paralysis T-Minus Hi, I am... 28 12-28-2014 06:45 PM
True paralysis analysis hotwired FIRE and Money 16 08-10-2012 07:49 PM
Money Mkt. vs Bond Funds vs decision paralysis Telly FIRE and Money 18 07-21-2010 06:26 PM
Analysis paralysis tryan FIRE and Money 0 10-06-2006 06:36 AM
Vanguard Retirement Analysis vs. 4% withdrawal analysis familyretired FIRE and Money 3 08-26-2005 02:33 AM

» Quick Links

All times are GMT -6. The time now is 11:02 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2019, vBulletin Solutions, Inc.