5 Year Review - How to Lose a Million Bucks

[Spanky]

Sounds like if I coulda woulda shoulda. It’s all in how you manage it.

It is hard to get off the "could have, should have" mode of thinking. A better way of thinking is to forget the past, live for the present and plan for the future (or move on). It is easy to say but hard to follow.

 

[RioIndy]

....Started with around $2M at the end of 2015 and now have a bit over 3. But [I could have had] ~$4M today...

If you went from 200K to 300K, but could have had 400K, that STILL would have been reason to be happy. The majority of the population would be quite happy to go up 100K in 5 years.

Now when you are talking about 3M versus 4M, how much of a difference will that truly make in your life? At more than 2M you've already "won", there can't be much more you can do with 4M that you can't do with 3M.

The peace of mind of a more conservative portfolio is likely worth more to you than more money. Great job and enjoy that you've won!