From my daughter's bedside: letting go of valueless
Because the other night our daughter was so excited to see the sunset, tonight I took her to watch it from a different position before we went to the park. This picture was taken around 4 pm, we live quite north so we lose about 40 minutes of daylight a week until the winter solstice near Christmas. Tomorrow is going to be 5min30sec shorter than today.
Small incremental changes have the tendency to add up quite quickly into large shifts until one day we notice how far it has moved. No one gets fat and no one masters a skill overnight but, these things do impact heavily upon us.
People notice the large and immediate shifts but fail to recognise the small that erode at their experience. A person buys a house for 100k and sells it for 120k 5 years later, did they make a profit considering inflation, did their investment outperform alternatives, did they have to pay interest on a mortgage for those 5 years? Do they even check? In most people's head they made 20k profit.
It is interesting to think about these things and have a look at expenditures. How many Steem are our often multiple subscriptions worth per month? That car bought on finance terms? The TV that was 0 down over 3 years? All these things add up don't they and for the most part, aren't going to return any profit whatsoever.
It isn't all about profit in this world though, entertainment matters too but if Steem is anything to go by, people do care about their returns or lack of them as the case may be. In the 'real world' we spend a lot on irrelevant but in the Steem world fight and complain over some relatively small amounts out of the pool in comparison.
Small amounts add up of course and those few Steem could be worth a lot more later. If you think that they will and aren't happy with what is coming out of the pool, why not cut Netflix or something else unnecessary and buy a few? I know not everyone can do this but, no one can?
What is that new pair of unnecessary jeans bought today worth if the cost bought Steem instead and Steem goes back to 7? It will at the very least. Would you buy those jeans if they were 9x the price?
Just some thoughts while my daughter falls to sleep.
Taraz
[ a Steem original ]
(posted from phone)
I just work here on steemit because i like it not even because of the money. I haven't cashed out a dime here on steemit since i joined.
U re talking about investment... I think buying that jeans if you need it is as much important as investing. You dont know what will happen tomorrow. I spend on things i need today. Note: Not things i want, but things i need.
People make their own choices in this life whether they admit it or not. Yes, there are many differences in experience but a lot of people tend to not use the resources they do have available to them well.
I understand your point well. Good analogy. I tend to be in things for the long haul. Same with steem. Price goes up or down. One thinks long tern. But a house...Yeah folks do not look at the big picture. I have bought much of my wardrobe from high end cheep estate sales. Perhaps buying low or wisely is a good answer. I have only invested my time as a blogger on steem. That so far has been my rule. Yet time is more valuable than money. Thanks @tarazkp
About 5 years ago I sold my place in the city and bought a slightly larger, crappier place in the suburbs that was much cheaper. Life changed a bit but if we hadn't have done that, I don't know how we would have been able to cover our daughter's expenses.
Other than a few hundred euro here and there, me too. Time is incredibly valuable though and is why I have decided to not spend too much time on those who waste it :)
Love the analogy of the home and perceived profits! What makes the investment worst is not only is cash flow probably negative due to the interest paid but in most jurisdictions, you would pay tax for the gains calculated the way you mention!
the benefit of property is that it is real but then, so is a caravan :D
It is different if it is an investment property that is getting rented out of course as the renters will cover at least most of the entire cost. A million little payments erode a lot of the value.
Great photograph. Happy Sunday!
Posted using Partiko Android
Thank you.
Certainly if we continue in steemit we should not stop thinking that a promising future for the steem is coming and that a little sacrifice could be worth it.
If it doesn't come, it doesn't come. Complaining about things doesn't help though :)
of coruse, dear friend :-)