Risk adversity, self limitations & podcasts
The older I become and the more responsibilities I have, I've become more adverse to risk. I know generally risk=reward, you can't fly if you don't try, you can't expect to excel or stand out if you keep doing what everyone else is doing... I've become so adverse to risk, or making mistakes, that I over analyze, miss or pass up deals. These self imposed limits have stalled any wealth creation. How does an investor get past the fear of risk or messing up? I educate myself probably too much. This site contains so much information and wisdom regarding real estate and has been a great encouragement. I recently watched the Terry Adams podcast #134. This is one of my favorite podcasts. The whole interview was so common sense and down to earth that I could relate. Brandon and Josh do a great job of selecting investors to interview. I try to take bits and pieces from each podcast to apply to my investing strategy. Thank you to those on the forums, podcasts etc. who share their wisdom and experiences to help others like myself improve in our investing careers.