tag:blogger.com,1999:blog-819270169763743770.post5857961489933974423..comments2023-07-06T06:23:14.631-07:00Comments on The Portfolio Investor: Poor end to a tough week.Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-819270169763743770.post-87497129124078454602011-03-21T13:22:22.108-07:002011-03-21T13:22:22.108-07:00Hi Andy,
I think you're spot on - I think mos...Hi Andy,<br /><br />I think you're spot on - I think most people in life want the comfort blanket of a regular income and I would never criticise anyone for that, but consequently very, very few could ever consider gambling for a living. <br /><br />I'm fortunate in that right at the beginning of my career, I had the opportunity to start with a brand new, two-man company (one of which was me). It introduced me to risk and the concept of being opportunistic and I believe it has provided a good grounding for gambling "properly". There was no safety net then either, and still isn't in my day job, so to not have one with gambling is not a new concept to have to terms with. Had I gone down a more traditional route of joining a big company and working my way up the ladder, I wonder if I would be able to try and do what I am trying now with the portfolio. It's possible, but I do believe it would be much harder.<br /><br />Family does complicate things - I have two young children myself. Would this stop me from trying to gamble for a living though? I'm not sure it would in itself, but I would want a bit more experience before going down that route. My patience is being tested at the moment, but better to be tested whilst not relying on performance to pay the bills. I hope and expect to pass any test thrown my way, but I can't guarantee it.<br /><br />Coping with risk. There's got to be a fair few posts in that subject! (lol).<br /><br />Anyway, thanks for posting.<br /><br />Cheers,<br /><br />RowanTPIhttps://www.blogger.com/profile/08267151875715791707noreply@blogger.comtag:blogger.com,1999:blog-819270169763743770.post-44828688261403464342011-03-21T09:09:55.314-07:002011-03-21T09:09:55.314-07:00"After staking over £40k, I'm the grand t..."After staking over £40k, I'm the grand total of £140 up!"<br /><br />Just goes to show how much patience is needed in this game. People always say to me, "if you can actually make a living from "gambling" why isn't everyone doing it??"<br />The above statement is why. 99% of people like to/need to work in a comfort zone with a guaranteed weekly/monthly income. It is a higher risk means of an income and less regular which does not sit well with many people, hence why these same people would probably never consider the fact of opening a business and are happy to work a regular and low risk daily job. <br /><br />Obviously there are other factors such as supporting a family which means they can't dedicate the time needed or handle the risk factor. <br /><br />just my little on my opinion from that comment quoted.<br /><br />AndyAndynoreply@blogger.com