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Post by DryCreek on Mar 24, 2019 17:41:01 GMT -5
What would your perfect morning be like? Waking up to the sunrise in a hilltop B&B with my companion naked in bed next to me, perhaps a bit short on sleep after staying up too late. Getting outside while it’s still a bit crisp and walking to a nearby cafe for a cappuccino, enjoying the vista and friendly exchanges with other early birds.
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Post by sadkat on Mar 24, 2019 18:57:08 GMT -5
Head over to Sexually Speaking for my next question.
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Post by sadkat on Mar 27, 2019 12:15:24 GMT -5
Apologies for letting this drop for a few days. I’ve been a little distracted lately.
Here’s your question for today. When it comes to taking risks, are you a big risk taker, risk averse , or somewhere in between? Why do you think taking risks is challenging for some people and not for others?
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Post by angeleyes65 on Mar 27, 2019 12:23:21 GMT -5
Apologies for letting this drop for a few days. I’ve been a little distracted lately. Here’s your question for today. When it comes to taking risks, are you a big risk taker, risk averse , or somewhere in between? Why do you think taking risks is challenging for some people and not for others? Not a big risk taker. Although it depends what it is. But I'm a planner, worrier prone to anxiety. I think it's kind of hard wired into our personalities. But some things I will take that leap.
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Post by isthisit on Mar 27, 2019 12:44:19 GMT -5
Apologies for letting this drop for a few days. I’ve been a little distracted lately. Here’s your question for today. When it comes to taking risks, are you a big risk taker, risk averse , or somewhere in between? Why do you think taking risks is challenging for some people and not for others? No apology required sadkat we appreciate your contribution. So, another risk averse by nature here. I agree it is within my DNA. I have an occupation which requires a high degree of risk management, certainty and a safe pair of hands, so I have used this trait to the advantage of others and my career! I wish I could be more comfortable with risk- it often looks a lot of fun!
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firefollower
Full Member
Only you can prevent forest fires
Posts: 154
Age Range: 51-55
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Post by firefollower on Mar 27, 2019 13:48:10 GMT -5
Apologies for letting this drop for a few days. I’ve been a little distracted lately. Here’s your question for today. When it comes to taking risks, are you a big risk taker, risk averse , or somewhere in between? Why do you think taking risks is challenging for some people and not for others? I guess it would depend on the context...in my profession, I take huge risks ...hence the name FireFollower. In my personal life and with the W...I would say I am risk averse...more specifically, I would say that I am drama averse. I have learned to separate the two...work and home. I think taking risks needs to weigh your ability to manage the potential consequences. If the potential negative outcomes are too much to manage, then I would assume more aversion to risk. As I have said before...I believe a SM is a zero sum game. One persons loss is another's gain. When you are the refuser, you stand to lose something by relenting to your spouses desires...control possibly, I don't know. As long as our refusers control the "chips" and refuse to ante in their share, they control the game. And when you control the game...why would you take any risks? IMHO...don't know if that gets at what you were trying to ask.
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Mar 27, 2019 15:16:52 GMT -5
Apologies for letting this drop for a few days. I’ve been a little distracted lately. Here’s your question for today. When it comes to taking risks, are you a big risk taker, risk averse , or somewhere in between? Why do you think taking risks is challenging for some people and not for others? I'm probably above average in the risk taking department. If I have a goal, I'm willing to endure the stress and unknowns that come with reaching it. Right now, that's gotten me in a little deeper than I'd like to be because I'm over-committed all the time but the end shouldn't be more than 9-12 months away.
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Post by DryCreek on Mar 27, 2019 20:08:09 GMT -5
When it comes to taking risks, are you a big risk taker, risk averse , or somewhere in between? Why do you think taking risks is challenging for some people and not for others? I’m all about risk / reward. In a lot of life, I’m very risk-averse. (Life / safety, financially, etc.). No “gambling”. But where the reward justifies the risk, and especially where I can influence the outcome, I’m all about taking risks. (E.g., my income is pay-for-performance.) Properly managed, risk is what creates opportunity. “Ships are safest in the harbor, but that is not what ships are made for.” Adrenaline junkies aside, I think appetite for risk-taking is very dependent on experience and upbringing, and much easier for some people than others. Psychologically, the fear of loss is also much stronger than the joy of reward, so taking risks is harder for people who have more to lose. It’s why so many success stories come from immigrants who arrived with nothing - it’s mostly upside for them, so they can be bolder taking risks.
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Post by Handy on Mar 27, 2019 22:36:38 GMT -5
I am a low risk guy most of the time. If I know a lot about something I am about to do, I take a bit more risk. Like Dry reek said "Psychologically, the fear of loss is also much stronger than the joy of reward, so taking risks is harder for people who have more to lose."
During much of my life I couldn't afford to be wrong because there were no safety nets or any back-up resources if things went bad.
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Post by sadkat on Mar 28, 2019 8:02:06 GMT -5
I am also risk averse- I tend to obsess over all of the possible outcomes before making decision.
Let’s expand a little more for today’s question. Do you handle risk differently depending on the type of risk? For example, how do you handle an emotional risk versus a financial risk?
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Post by h on Mar 28, 2019 8:13:11 GMT -5
Apologies for letting this drop for a few days. I’ve been a little distracted lately. Here’s your question for today. When it comes to taking risks, are you a big risk taker, risk averse , or somewhere in between? Why do you think taking risks is challenging for some people and not for others? I would say that I'm extremely risk averse. Luck is almost never on my side and any risks I have ever taken so I don't bother. The reward has to be great and the potential loss minimal for me to justify even the smallest risk.
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Post by greatcoastal on Mar 28, 2019 8:45:35 GMT -5
I am handling a financial risk right now with my tenants. Keeping them, while they are behind on rent and can't pay an increase? ( similar to staying with my now ex) or evicting them losing money, going into short term debt to pay the repairs, and take the risk of new tenants. Better tenants. Tenants who can pay more and on time, and not destroy the property. ( similar to finding someone else and forming new relationships)
Yesterday a freak hail storm hit our town. Mostly golfball size, with some baseball size hail. A tornado went through during the hail storm ( gusts of 60 to 80 mph. All my screeens on the West side of the house are torn apart, anything plastic, outside has huge holes and cracks in it, my plants look like someone shredded the top 10 inches of off them. My cars have about 200 dents in each of them. My neighbors cars have busted windows, busted tail lights, and anyone with a convertible, their tops and windows have huge holes through them! My huge cactus plants/trees where blasted on the North side. Big holes shot right through them, and thousands of craters in their big oval shaped leaves. ( I expect them to grow back even bigger and stronger. like pruning. Like recovering from my SM)
Now comes the RISK of calling the insurance company? Is it going to increase my insurance? Do I live with the damage? Do I report it? Do I fix it ,if I receive a payment? etc...
How am I handling it? I am finding out as much info. from others first that I can before making the call. I am also repairing things myself. Buying replacement parts and objects. Somethings are beyond my repair. Somethings need to be replaced. Just like my SM. Somethings need a new beginning!
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Post by workingonit on Mar 28, 2019 10:06:09 GMT -5
I would aay I am right in the middle. I am risk averse about money and some activities. On the other hand I love travel and new experiences and things like sky diving, bungee jumping, etc. Mixed bag I guess
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Post by Handy on Mar 28, 2019 14:17:33 GMT -5
GreatCostal, don't fix anything right now. I have had several hail claims and it did not effect my premiums on an individual basis. Insurance companies base risk on the overall cost they incur in your area. If you don't make a claim it is not going to keep your insurance cost lower.
Get estimates for each category of repair and compare it with what the insurance estimate / adjuster comes up with. Most insurance companies hire independent estimators if there is wide spread damage in your area. I have had 3 hail claims and each time the insurance guy came from a different state and was employed by a different adjustment company.
Maybe car accidents increase your insurance premium because that is a one event occurrence. Hail damage rates go by the area.
I took the check for 60% of the estimated cost to repair things and bought the supplies and fixed everything myself. Because I didn't have a contractor fix things, my insurance company would NOT give me the other 30% of the estimate cost of repairs. The insurance company said contractors charge $nn amount of dollars per hour but they only pay homeowners something like $15 or $20 an hour, which was only 25% of the contractor rate.
I still came out ahead money wise if I didn't consider the time I worked on the house. I also know I didn't cut corners like some "hail chasing roofing and siding" companies that show up after every hail storm. One summer we had 2 hail storms. Six months later the pawn shops were full of hail repair related tools at bargain prices. The paint-less dent guys from out of town came and went just as fast as the roofing guys.
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Post by Handy on Mar 28, 2019 14:25:37 GMT -5
When it comes to investing in stocks, I have that figured out. Some go up in price, some go down in price, on average some long term good stocks pay a little more than a bank pays you in interest on your savings.
I don't have the ability to read or judge risk when it comes to people because I know I tend to trust most people and speculate they would do the right things. I know this is not true so I am super conservative dealing with people after getting burned a few times. Those few times were expensive lessons.
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