Topic: Also consider your mental State of health while investing for wealths. - page 8. (Read 1310 times)

Exactly greed in making more money and avoiding spending it because they have one or more goals to meet up to. They do not know that if they do not have good health and something happens along the line that they died they won't have the chance to see that goal and someone else would eat what they had labored for. I have a colleague at work who would spend so much money on buying new clothes and shoes (very expensive ones in that matter) but won't buy drugs or go to the hospital when he is sick. It was unbelievable that he refused when i tried to persuade him to get drugs. I almost bought them myself but i found out that he has the money and refused to get it for himself.

For sure a priority.
Any investment has its own risk; if you are not having plans for a sudden loss then you are simply accepting things and this is where our mental health would matter in any field of investment. Let's say you won from a certain asset and you became greedy of things and bought expensive things that are not necessary in your living, what is more likely to happen? You lost once and end up selling some of your properties to re-invest, what will happen?

Mental health would play a huge role to an investor's decision making, and that's what will lead to profit. Given tha risk exists, an investor shouldn't be too confident of things. If you have good decision making and mindset w
in every loss, I cannot see you failing on any field of industry you would be interested with.

Not a lot of people realize this but investing requires a crazy amount of focus and determination.

You can not start investing with your mind all over the place. You need to gather your wits, create plans appropriately and make decisions under pressure. You have to be able to stand your own ground whenever there is talk around you. It is fomo you have to deal with alongside fud.

Moreover it doesn’t stop there because whenever something goes wrong, you also need to be able to bounce back from that and do what is right to save as much as you can.

There has been a rise in the rate of mental health disorders. Some of them have been attributed to social media which has increased cyberbullying, the effect of Covid 19, and economic problems. There has also been an increase in suicide rates because of business failures. The use of drugs has also increased over the years which has contributed to mental problems.

Entrepreneurs or business owners should know that business is a risk and the outcomes are not predictable. There is also a need to learn about a business before investing to avoid losses. They should also know that failure is not the end of the world. After all many successful businessmen in the world have failed many times but they set aside these challenges and put in more effort. We should be aware that if we lose money we lose something but if we lose our health we have lost everything.

Maybe he invested in a Ponzi scheme or a get-rich-quick project. Or he didn't do enough research about the business he invested on.

There is a need to always pay attention to our health because without it we cannot achieve anything in life. We should also go for periodic medical checkups to make sure we are fit to work. If you feel too stressed or emotionally unstable, taking a break from full-time work could be a good option.

That's a very necessary tip. To my highest of experiences in investment, most Investors has intentionally ignored to put their mental health in considerations to believe that if paraventurely they invested a huge sum of resources with the expectations that they were going to turn around in the market at a large scalabilty of capitalizing their profits could be endangered to their mental health if it's believed that they actually Invested what's more than affordable to their portfolio in case of lost.
Indeed there had been lot of frustrated investors who has lost their values and potentials as a fact of being unbearable to their investment losses.

Considering the value and stabilizing a well conditional state of your mental health while chasing those profits would as much enable you to even connect wisely and calculative towards that your aim of chasing profits in other to minimize the possibilities of facing lost.
While over being logical, calculative and excessive risk bearing for breedsy could as much trigger such form of mental disorderliness.

To be honest, investing made my mental health stronger and even I was able to improve my emotion because I have no control over my investments but I can control the losses that I may incur. But with that, I'm good that I am no longer pressured and feeling emotional when the market is in correction. It's all normal and it's all gonna be okay when you're able to get used to how the market moves and works, a big correction soon might just be a typical day of your portfolio.

Due to the risk associated with investing and investment, investors need to be conscious of their mental health so they can know when they are loosing it or not. There are many things that could go wrong with investing and as an investor these things can be overwhelming. As an investor , you can consider these simple methods as ways of improving your mental health.
(a) Maintain a good sleep routine
(b) Have someone to talk to because it can greatly reduce stress. A professional is usually a better option, but even talking with an unprofessional in some situations can be helpful.
(C) Stay exercising.

Have you heard about Dr. Gekhan Çalışkan. He was a medical doctor with a wife and kids who killed himself some days ago. He fell into depression due to a loss of his funds on a cryptocurrency exchange. I count investors who despite their loss are able to get the help they need to get their mental health back together again.

This is so important that once it is neglected we can almost not go anywhere. Our mental state of mind determines how far our fight or flight reaction. Entrepreneurs usually withdraw themselves but no, they should find one person that will listen to them cry, laugh, talk, about their business.

Not only in the crypto world to maintain our mental health, but in all things we have to maintain it, because by having a healthy mentality we tend to do positive things and also in analyzing all forms of problems it will also be very good and have a positive impact. A healthy mentality will also feel inner peace and increase confidence, so that what we go through is always good at making decisions and mapping every problem in investing, we will be freer, when we fall in investing we will also be better prepared because investing in the crypto world, if we fall, it could be the worst. base.

Mental health is indeed one of the most important things that we must always pay attention to and keep so that it is well controlled and remains in good condition. In fact, it's not just the wrong way to invest. Mental health can also be disturbed by the environment around us or because the work load is too heavy to exceed our capacity. And that's why we have to understand ourselves better and avoid everything that can make us stressed. Likewise in trade and also in business and including investing. We must understand the limits of our abilities or capabilities in maintaining the risks we take. We must not be so greedy that we make decisions that can impose a heavy burden on our own mentality. It's better to do it calmly and with careful calculation. And with good emotional management. It's just that sometimes encouragement from the environment can make someone do things beyond their limits. So it would also be better if we guard our relationships so that we only have good people who can give us good advice and not those who encourage us to take high risks.

When one turns to be more greedy with money, that’s where ignoring of mental health might also takes place. This really happens to a lot of individuals, it’s like they find it hard to balance their mental health and financial health aspects. While health is wealth, but for them the real wealth is having to gain multiple profits from different investments, and that’s where mental health becomes at risk. Not realizing that if one fails in his mental and emotional aspects, one will certainly not succeed in all his wealth attempts.

There's so many similar stories and posts on this forum, which still speaks on the importance of health while pursuing wealth and this is just one of many and I always try to appreciate it, because it is a reminder still to be wise when making financial decisions that involves risk way more than just the money lost.
When emotional situations after loss of investment or property occurs, the people who are close and love us more than we know get to suffer as well, and may even experience more drop in productivity that even the person who suffered the loss.

Good health always bides good luck and positivity, while an emotional unstable person will always have more negative returns and be less productive, that it affects others in proximity.

Health can never be overestimated. Unfortunately, mental health is overlooked. When people experience a loss from a financial investment, they usually just deal with it in their own, nobody really thinks of the fact that it can affect them mentally.
That we why we have to always advise that people should invest what won't wreck them if they lose.
Investments are risky, and some are even more riskier and more volitile than the other. We have to take our health seriously.

Asides from that, some people prefer to save and invest instead of taking care of themselves. I know that saving and investing is good but also take care of yourself. Eat healthy and exercise. What's the point of having savings if you're not healthy enough to spend it? A vacation does a lot in refreshing your body. If you have the money plan for it. Find ways to be happy. Don't just put all your money in savings or investment while you can't take care of yourself.

Mental health in investing is the foundation and dealmaker. Ignoring it is worse than a bad trade. The "health is wealth" thing? More than words, it's your mental edge. Similar to your sister's husband, these stories can teach us. Smart, yet he didn't care for himself. Despite playing the market, he gambled mentally

We all want great wins and high returns. No one discusses mental toll. Stress and anxiety. That erodes your judgment. People need to be smarter.  Mind protection is the real goal of investing, not stock selecting. Whoever says otherwise is selling you fool's gold

Strong minds make strong actions. Broken spirits create bad agreements. Consider investing in mental toughness and resilience like you would your portfolio. That leads to long-term success

What did we expect? Mental health has been always overlooked by most often pushing it to the side and saying that it is not real and all we need is a little more determination and motivation but it is not that easy. We need to build perseverance above all especially when we are dealing in high pressure environments.


That is indeed unfortunate and it might take him a while to finally get back to his old self. He must feel as if the whole world is crashing onto him, the journey won’t be easy but I hope he does overcome it soon.

I have actually come across entrepreneurs and investors who had run mentally disabled and were rehabilitated due to weak emotional capacities to withstand the lost of their valuables not being affordable.

While I have also attended several business conventional concerts, there had been this health wise guide orientations that health is also wealth so we should always consider our healths while we are Investing our funds at the course of chasing incomes to secure wealthiness.

This is not just about setting up emergency budgets for healthcares such as when  we are down with the common illnesses such as Headaches, Mononucleosis, conjunctivitis, Diarrheas, Stomach aches and so forth which are most considered health wise.
If we ignore to consider investing what we can afford to loose, we could eventually be negatively affected on our mental faculties which we may never had expected it coming.
There is every possibilities of an investor to go psycho when looses beyond the capacity that their mental health could accept.
Failure to put this as concern and during investment we looses above our limits, we could be at every tendencies to be exposed to heart attacks or mental disorderliness as a matter of unbearable and dispersant shocks.

Sometimes ago, I reached out to my sisters husband on the phone and he sounded so frustrated and strange, while still on the phone, he cut off the call on me and I called severally he ignored the calls.
After some times I called on his wife to express the displeasure of her husband on me and she also said her husband has be acting strange some times now which I make out time and catch up with him as a friend I assumed he is to me.
Right before me he was really acting strangely but all I could figure out of It with our conversations was that he  invested his life savings and even borrowed some money in order to promote his profit potentials but it was unfortunate for him that the investment crashed and he lost it all.
I don't know if he invested it in a highily volatile and risky platform or that he fell scamming victim.


Right in a summary: let us also consider our mental State of health during when we are taking those risks of chasing wealths so that we can always Invest what we are  are affordable to loose.