This is the case for me and doesn't change my work ethic at work.
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1Mon
@user76a909fd734442d1 And why not?
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@Epi How should it affect morale? They are 2 different things.
Do you mean if I earn 2k and make 2k plus in one day that I want to quit because of that? And if I make 2k minus I work overtime?
Do you mean if I earn 2k and make 2k plus in one day that I want to quit because of that? And if I make 2k minus I work overtime?
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1Mon
@user76a909fd734442d1 I mean rather that if, for example, the fluctuations of the portfolio rise or fall by an average of 2k every day of the year, i.e. sometimes 10k rise, 20k fall, then nothing at all. Or in other words: your portfolio has fluctuations of 20x monthly salary per month. At some point, the salary becomes irrelevant because it then only accounts for 1/20 of all income. Or to put it another way: you can work for a whole year and lose or gain the equivalent in 14 days.
In short: earned income becomes pretty much irrelevant in terms of numbers. So why should you still work for money?
In short: earned income becomes pretty much irrelevant in terms of numbers. So why should you still work for money?
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1Mon
@user76a909fd734442d1 same here. I also have fluctuations (significantly) > salary. But my dividend growth strategy, which yields more every year, doesn't yet yield enough to stop worrying. At some point it will and I'll have the option every month whether to keep working or not. I also plan to continue investing at least 10% in "retirement". This should always allow for an increase in income (adjusted for inflation) in the long term. Of course, it will take years, but as I wouldn't stop working at the moment anyway, I'm not asking myself that question yet. It will be exciting when I no longer feel like working.
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@user76a909fd734442d1 I think long-term. I'm in the red this year. No matter. At some point it will turn positive again. The accounts are settled on sale. Before that, it's just book values.
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@Epi There are people who work because they find a purpose in it?
Or simply because they contribute to society.
I would never stop "working" myself, no matter what. I always enjoy my jobs and I can see what I can and have achieved in my role. 😊
Or simply because they contribute to society.
I would never stop "working" myself, no matter what. I always enjoy my jobs and I can see what I can and have achieved in my role. 😊
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•@Epi @Epi There are people who work because they find a purpose in it?
Or simply because they contribute to society.
I would never stop "working" myself, no matter what. I always enjoy my jobs and I can see what I can and have achieved in my role. 😊
Or simply because they contribute to society.
I would never stop "working" myself, no matter what. I always enjoy my jobs and I can see what I can and have achieved in my role. 😊
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1Mon
@GeldGenie It's good that there are people like that!
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@Epi Without it, shares wouldn't work, let alone the economy. Whether the "work-life-balance" generation and the "travel-on-ALG1" noses can/will keep this up remains to be seen. 😊 (Cynical 😉)
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@GeldGenie I also find it funny how many here look forward to a nice life from passive income without considering that the plan only works if it doesn't work for most people 😉.
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