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URL:  https://boards.fool.com/i-dont-care-about-the-large-numbers-i-care-only-30871310.aspx

Subject:  Re: Hi gang... wow!!! Date:  9/15/2013  11:04 AM
Author:  2gifts Number:  72853 of 99743

I don't care about the large numbers. I care only about what I get to keep within the risk I'm willing to take.

At least for me, I think this is the crux of the matter. Someone's risk tolerance is a big piece of the decision on how to handle their finances and how they reach their goals. I don't think there is only one right way to manage and grow finances because everyone has different goals, criteria, situations, and risk tolerance that will affect the path they choose.

But just because one person chooses Path A and another chooses Path B does not make either person wrong, even if Path A generates more money than Path B.

For me, for instance, the goal is not to end up with the biggest pile of money. The goal is to have enough money to do what I want to do and meet my own personal goals, and so if I don't maximize my returns but I reach my goals, that's fine with me.

In terms of this thread, I am liking reading the discussion when it focuses on the facts for the various methods so that I can be educated and make the right choice for me. But if that choice is not the same as someone else's choice, that does not make my choice bad or wrong or stupid as some might suggest. It just makes it different, but as long as it meets my personal needs, I don't particularly care if it's different than what someone else my choose to do.
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