Anxious again, I have a call with financial adviser (a new one, have had several useless ones over last few years) - to review things like my pension. I hate these things and I dislike the way a lot of these people are condescending, as if I know nothing - when everything was going wrong last year no advice was helpful so in the end I came up with my own solution. The way these people work they expect you to risk every spare penny on the pension, and while it's right to be prepared, I don't want to suffer poverty now for a pension I may never claim (still about 15 years off, who knows what may happen in that time!). They've also mentioned taking more risk to get a higher return - but of course they downplay the risks of it disappearing altogether in other scenarios! I'll be glad when this call is over!
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How Are You Feeling Right Now?
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I feel relieved my call is over - like a lot of calls I rehearse what I'm going to say, but then when I say it my voice starts getting shaky like I'm anxious and I feel overwhelmed, I had calmed down by the end of it but I had to talk about what happened with my finances last year and it was a bit triggering. Fortunately the advisor wasn't too pushy and left my mortgage and other things alone, so we agreed to move my funds into a slightly more aggressive portfolio of investments, but not too risky. All in all my retirement outlook is a bit better than I thought, just need to ensure I pay off the mortgage and not be too extravagant. Plus ensure I maintain an income for the next 15 years, though no idea how the world and work will change! Phew, glad that's over, think I'll try a gentle little run, I have 2 horrible full work days to finish this week tomorrow and Friday.
Best to you for this financial call and anxiety. These people make money off of your money, so their motivation isn't exactly unbiased. I hope it goes smoothly. Always have eggs in other baskets; but naturally they want everything they can get from every client.
Thanks @AvidFan I am trying to keep focused and calm in the midst of all this uncertainty.
Thanks @AvidFan I am trying to keep focused and calm in the midst of all this uncertainty.
Best to you for this financial call and anxiety. These people make money off of your money, so their motivation isn't exactly unbiased. I hope it goes smoothly. Always have eggs in other baskets; but naturally they want everything they can get from every client.
Thanks @AvidFan I am trying to keep focused and calm in the midst of all this uncertainty.
Thanks @AvidFan I am trying to keep focused and calm in the midst of all this uncertainty.
I don't trust any financial advisors anymore - years of investing in mutual funds and rebalancing my portfolio each year got me only a few hundred dollars worth of profit - which I could have made on low-interest term deposits. Plus when we needed to withdraw our money, they charged us fees.
I laugh at those who say hard work is all you need to get rich. Many people work hard all their lives and do not get rich. Even people with knowledge of investing. One or two disasters such as job losses (and not being able to find another job for a substantial amount of time) can set you back years.
So I guess I'm feeling.... cynical. I wish for a Star Trek future but don't believe in it. Humanity worldwide and throughout history has behaved the way humanity always will. I worry about the forces that want to tear apart Canada's health care system in the name of economic stability, but actually it's because billionaires want more money. Anyone who doesn't believe this should watch the documentary The Billionaires' Tea Party on Netflix.
I laugh at those who say hard work is all you need to get rich. Many people work hard all their lives and do not get rich. Even people with knowledge of investing. One or two disasters such as job losses (and not being able to find another job for a substantial amount of time) can set you back years.
So I guess I'm feeling.... cynical. I wish for a Star Trek future but don't believe in it. Humanity worldwide and throughout history has behaved the way humanity always will. I worry about the forces that want to tear apart Canada's health care system in the name of economic stability, but actually it's because billionaires want more money. Anyone who doesn't believe this should watch the documentary The Billionaires' Tea Party on Netflix.
I have the same opinion of the human race as you do. It would be great if it happened and people got along, but folks together and at some point domination or at least the desire to control comes into play. I don't believe anything will change that human nature. Star Trek is a favorite of mine, but in one episode Kirk does order Scotty to destroy an entire planet at one point even though the federation was attempting to force the planet to open up to the federation like Perry forced Japan to open to the West. General Order 24 in A Taste of Armageddon. Irony debated among Trekkies, wouldn't that order violate the prime directive of non interference?
Kinda worried to be honest. My sister called at 3:30 in the morning, insisting someone come and pick her up. She was irate and not making much sense. She got kicked out of the maternity ward for some reason and couldn't come back. My nephew is with her now, but there's also a mental health person there with them. Hopefully she will go back on meds and everything will be ok.
Funny how those posts were adjacent, as if @Pebble mouse coughed on @seabird 🤔 Hope you both feel better before too long!! Must be entering cold season already 😱 Hope @Pebble mouse sleeps better and @seabird you hear back soon so you anxiety goes down.
Oh not at all lol it was some lady at the food shop and I tried to hold my breath while in line next to her.
Sorry @Pebble mouse I hope you get ober it soon. Lots of stuff going around because of it being the end of winter here.
I'm so worried. I cannot stop the thoughts and it is a trigger for a terrible thing that happened about 10 years ago. :|
Thanks @AvidFan
Hope your long day goes well.
Sorry @Pebble mouse I hope you get ober it soon. Lots of stuff going around because of it being the end of winter here.
I'm so worried. I cannot stop the thoughts and it is a trigger for a terrible thing that happened about 10 years ago. :|
Thanks @AvidFan
Hope your long day goes well.
