![\"The](\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2017\/12\/The-Ultimate-Guide-to-Budgeting-as-a-Couple-800x556.jpg\")
<\/p>\nYears ago while dating, I encountered a particularly charming creature.<\/p>\n
He was absolutely fascinating, charming and charismatic.<\/p>\n
From the moment our eyes met across the crowded room, I was captivated.<\/p>\n
Things moved quickly, my friend.<\/p>\n
Over the next few days, he showered me with attention and affection that left me spinning.<\/p>\n
Finally, it seemed there was someone who truly understood me, and may have even been \u2018the one\u2019. (Keep in mind I had reached this conclusion within a couple of weeks of meeting him).<\/p>\n
It all happened so fast.<\/p>\n
<\/p>\n
My usual safety mechanisms reserved for the dating field never even came close to functioning.<\/strong><\/p>\n I was swept up in his magnetic vortex.<\/p>\n Then, as suddenly as it had started, there was a deafening silence.<\/p>\n Despite my best efforts to contact him, I didn\u2019t hear a thing.<\/p>\n No more phone calls, no more letters or cards in the mail, and definitely no sign of flowers being delivered.<\/p>\n After a week of this total rejection, I received a note that read: \u201cWon\u2019t be able to see you for a while. Need to put the brakes on. Take care. We might catch up in the future.\u201d<\/p>\n Well\u2026 he freaked himself out.\u00a0\r\n\r\n\r\n In a moment of clarity, his happy-go-lucky bachelor subconscious screamed at him: \u201cBack off mate! At this rate, she\u2019ll be thinking about picket fences by next month!\u201d<\/p>\n So, at the point of realisation, he was in too deep, he decided to run like a frightened rabbit.<\/p>\n Either the sky was the limit for the relationship, or he needed to dump me - straight away.<\/p>\n I\u2019ve seen many self-startler types begin investing.<\/strong><\/p>\n They start with a whirlwind of activity, attend exciting courses, read all the books they can get their hands on and generally begin a love affair with investing.<\/p>\n To begin with, they buy a bucket-load of properties in quick succession and leverage themselves up to the hilt.<\/p>\n They tell every person in their life about how they will retire from their jobs, become a self-made millionaire and live a life of comfort.<\/p>\n The self-startler could end up going on steadily investing in greatness.<\/p>\n It\u2019s possible they will learn the secrets of effective investing, ultimately calm down their manic learning curve, and develop a profitable method in a steady and predictable way.<\/p>\n Alternatively, as I have seen so many times in the past, they burn themselves out and blow up their accounts in a blaze of glory.<\/p>\n Brief, yet spectacular.<\/p>\n The signs of a potential self-startler can be very disturbing to loved ones and spouses.<\/p>\n I was recently sent an email by the wife of a new trader which simply stated:<\/p>\n \u201cHelp me! I don\u2019t even know my husband any more. He\u2019s discovered trading, and this is much more attractive to him than I will ever be. He\u2019s up half the night trading the US market and has quit his job to trade the Australian market. What can I do?\u201d<\/em><\/p>\n Living with someone who is walking on the razor's edge is never a positive experience.<\/p>\n Success in investing is a terrific goal, but it is worthless if the rest of your life is in shambles.<\/p>\n The most successful people in any endeavour tend to have a high level of self-awareness.<\/strong><\/p>\n This is true of profitable traders and property investors as well.<\/p>\n Most good investors have achieved a level of balance in their lives.<\/p>\n They value their health, their personal lives and often their spiritual lives.<\/p>\n Reading between the lines of Market Wizards<\/em> by Jack Schwager, the majority of superior traders have attained a healthy balance in their lives.<\/p>\n Occasionally an obsessed, power-hungry person will become a good trader\u2014but these people are the exception rather than the rule. <\/strong><\/p>\n The same goes for property investors<\/p>\n Initially, you may find that learning about the property market is occupying your every waking moment.<\/p>\n Over time this feeling should dissipate.<\/strong><\/p>\n Outstanding investors spend time taking their dogs for a walk in the park, they volunteer for tuck-shop duty at their kids\u2019 school, and they often help their community by giving money to charity.<\/p>\n They look after their health and their families, as well as their wealth.<\/p>\n Developing mastery over your own mindset, and maintaining a balance in your life is just as much a contributor to your investing success as developing appropriate strategies.<\/p>\n\r\n\r\n Years ago while dating, I encountered a particularly charming creature. He was absolutely fascinating, charming and charismatic. From the moment our eyes met across the crowded room, I was captivated. Things moved quickly, my friend. Over the next few days, he showered me with attention and affection that left me spinning. Finally, it seemed there…<\/p>\n","protected":false},"author":11,"featured_media":53374,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[54,653],"tags":[],"class_list":["post-87657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-property-updates","category-personal-finance"],"acf":[],"yoast_head":"\nHmmmm\u2026\u00a0 What in the heck happened there?<\/h4>\n
<\/div><\/p>\nThis can now go one of two ways.<\/h4>\n
Generally, downright terrifying to watch.<\/h4>\n
![\"Businessman](\"https:\/\/cdn.propertyupdate.com.au\/wp-content\/uploads\/2021\/03\/businessman-climbing-the-steps-to-success-HZUQUFE-1-800x534.jpg\")
<\/p>\n<\/div>\r\n<\/div>\n","protected":false},"excerpt":{"rendered":"