I'm watching numerous deci+millionaires fall out of their financial positions like crazy. In fact, I'm one of them. Net of upwards of $10 million when I started on this site. Now, wiped out. None of us thought it could/would happen. It was impossible. But it did.
Here's the thing.
I went through the depression and even suicidal thoughts. There were a few dozen 'very dark' days. BUT, I got passed it. Its still me. What I did once, I'll do again. Plus, I'm only 50 years old. I've got time on my side.
I talked with another member on here yesterday and they had lost a small fortune of $7 million. I mean, like me, LOST IT ALL!
None of us would ever have imagined where we are now. But wake up! Its reality.
I've made a decision to do things differently this go around. I will find an amazing woman who not only loves me for me, but who admires my attitude. I'm not going to mope. I'm been there. It wasn't fun.
There is some awesome woman who loves me not for what I have at this point, but, that she sees in me the determination, the vision and the faith to make it happen again. That's WHO we really are. And in my view, WHO you are (within) is far more important than what others may judge by where you currently are in your life.
The other thing that this experience has taught me is, I'm going to help as many others in the process. By way of encouragement, mutual support and HOW I want to do it this time.
I used this topic title to stir some folks up. I think we need to talk about this. I don't want to hear of anyone, wealthy or not, ending their lives over their present financial position.
im 22 and broke but im happy i have so many people around me that love me. When i was about 14 i attempted killing myself 9 times i was in and out of mental health care units and i was horribly depressed and all i did was alienate everyone else around me i really hurt ppl and for what? i think its a horrible thing to even consider and especially when your young the most important thing is love and suicide only takes that away from you it doesnt enforce it.
I like your post. I have met so many people who, even if they have not been wiped out (and trust me there are), have been affected in one way or another by the recession. Maybe they are living on half of what they made, maybe they are being foreclosed on, etc.
I've been rich, I've been poor.
I prefer rich, but so far, I'm doing okay.
Maybe being raised by a grandmother who lived through the depression has helped.
I am just getting a bit tired of all the complainers (not unsympathetic) who can't seem to accept that this could happen to them. Hey, we're all in this together. It's a different world, but one that presents a challenge. And I love challenges.
On another note, if someone is getting depressed over their financial status, especially to the point of suicide, I do hope they will talk to someone first. Without economic/health options, there are still many volunteer/state/county national organizations who will provide help.
But, hey, I spent seven years in South Africa which had an unemployment rate of 40% working with AIDS orphans and street children. These people aren't depressed, because they can't miss what they never had.
Are you healthy??No millions in the world can give a person good health....and if a person has health and your attitude and determination, well that already makes you a very rich man right now!! I haven't been able to aspire in my career as I have health issues that I have to deal with since 1991....my goal this year is to figure out an excellent home based business that will generate some cash flow..I was a secretary before I became ill and type 100 wpm....I love watching real estate deals in the area but cannot be a realtor...I am also an excellent artist so was thinking of writing and illustrating children's books.
Anyways, I am sure you will do it again as knowledge is power ..... good luck!!
I lost just about everything in the recession of the past three years too. I didn't have millions, but I was comfortable, had a good job, nice home & peace of mind. Wham, my mother died, my grandmother died 5 days later and just for drama,Hurricane Katrina took everything I ever thought of owning. I could have come back, hell, I was coming back, and then one day it occurred to me I had to leave that job, never go back, and hide in what was left of my bedroom.
I would not have survived but for the graces of some superior psychiatrists and therapists and the anti-depression cocktail they whipped up for me. So I just wanted to insert my two cents - sometimes it feels like you've overcome, and then one day you realize you ARE overcome with loss and sadness. Don't think of this as defeat or weakness, just know it's a possibility and find a good psy/therapist combination immediately. We are strong, we are survivors, we are even warriors. But sometimes we need a hand up along the way.
To have at one time and lost most or all is one hard thing to overcome
yet pales in comparison to.....
Never have had and then be forced to live with disaster such as those in Haiti
Just my POV
My income, portfolio and lifestyle have all taken a great hit as well.....but I am learning what is really important in life.
I lost my sister to cancer on Dec 6, 2009. She took no monitary things with her. She died suddenly so I could not be with her as we were 1500 miles apart. The best I could do is send a friend to sit at her bed side in ICU to comfort her. I stayed on the phone with him for 14 continous hours as he held my sissy's hand, told her how much I love her, how greatful I was to have had her as my older sister, how much I will miss her and have her in my thoughs. She took her last breath at 12:40 am CST and crossed over knowing that she was loved. In the end just as in life...love is what really matters most.
I have learned from this great loss. I do not need as much in my life as I once thought I needed....in reality needs were mearly confused with wants.
When I lay on my death bed I only ask to be surrounded by loved ones. I know the better I treat people when I am alive and the more select I am about who I allow in the proximity of my life and heart, will be the determining factor who will be with me when it really matters.
I am glad you have a positive attitude about your situation. I too have been in your situation very early on in my life. There were a couple of times in my life I had to live in my car or a storage unit because I had no place else to go.
My situation currently is not a very good outlook, but I know soon it will get better once I start working again. Life isn't always easy, but you have to take it as it comes.
I lost everything. Cars, houses, play toys, EVERYTHING!
What can be very positive about losing it all?
Well, it is far more amazing than I thought. I'm 51 years old and get to start over with a lot more wisdom, a lot more confidence, a lot more knowledge and I now know who my true friends are. As the VISA commercial would say, all of that is PRICELESS!
I love your attitude, your positive radiance, your foresight and perseverance. you deserve my respect..I am right now, where you were at, a blurred situation...i am optimistic and wise in my actions and like you i don't give up the fight like you
I was surprised to read micheal that you have been where i am now,i have wrote a topic to find answers, but i have not had that type of money, my life may end yet, but this is not a plea for sympathy, i have very few friends that are still alive due to cancer/suicide and killed in action, we have all been a band of brothers, i have swore to defend life and swore my alligence to God that as long as i live and im able to i will save life, but for me things maybe to late, i was in a committed relationship for over 20+yrs and it ended because of this terrible illness, i guess you could say my marriage was a casualty of this war with this silent killer, the big 'C'. You are lucky to still have that love, for me there is very little left now, i now live alone, very alone, i have so much to give but no-one to give it to. I could never have thought i would end up sitting in a semi-empty flat in the dark at night, to frightened to risk wasting electricity and asking myself 'what the hell have i done to deserve this'. All i can say is God bless you and your family. Mark
What you fall back on is ones real riches. TRUE friends, family, a rock solid relationship. Your partner loves YOU not your money!! If you have love, confidence and faith; You can do it AGAIN!!
Hats off to you. It take a lot of balls to get by in the times we are in now days. The best is that you are still on top of your game, you did not let your depression dictate your life. What brought you to the top once, will once again return. Keep your support group close, and practice positive thinking and doing...it will help and direct you.
Hi Michael...I'm very sorry to hear what you've gone through. You certainly have the right attitude though. You know your worth and your capabilities. Please don't loose sight of that sweetie!
Thank you for adding me to your favorites. I look forward to communicating with you.
I went to a party that someone hosted. He had just lost it ALL at 41 had to go live w/ hid parents. When he was asked, "Why use your last $ to throw a party?" He replied, " I celebrate that IF I had all that to lose means I once had it, so anyone want to invest cause I'm planning on making more, again!" I kid You not I was too young at the time just 18 but to this day... he is RICH both in spirit and $. He got married to the girl that stayed w/him when he lost it all. She was a friend when he spoke of ending it. Whew! Life is beautiful the best things in life are Free! Love Laughter and The choice to find beauty in wherever we choose to focus. POSITIVE VIBES for ALL here!
Never give up. Always remember that there is a new chance with the coming day. Each day holds new hope in making your life or someone elses life a little better. Good luck to everyone that is going through a hard time.