You don't have much money at all - this is peanuts in the big scheme of things. Decide what you want to be when you grow up and go make it happen now. Invest in yourself. Crap, you're 28, you should already have a pile of crazy adventure stories - and more will happen. Go do something worthwhile.
You are absolutely right, but I had no other choice. Imagine you pay to insure your house against fire. At the end of the year you are not going to be upset if your house did not burn.
I read you PM to tell me you responded. I am married. I know exactly what I am talking about. With your attitude, you were never ready for marriage. I read your responses and thought "does not get it" and "still immature." what you think if me, I really do not care. People who have your attitude and the ones above who quickly agree are usually the ones who are destined for divorce or remaining alone in the first place. As I said, you may not get it until you are 65 or 75, and no one is visiting you in the retirement home. On holidays you are alone. But the truth is, you were pretty much empty and alone all along. You can jest and be smug and be clever with responses, but is all means little. You would quickly sign the prenup if you were the one without money? Easy to say when you are not actually doing it. But what you told your ex-fiancee is, "I come first, money comes first - you cannot count on me. I am selfish, so what about it? Deal with it."
Looks like you ran out of steam, maybe it is because your previous points have no logic. Just because you are married it does not mean that is the right thing to do. Marriage and a family does not guarantee people around you when you are old. Your son might turn into a doctor who will take care of you in your last years, or an alcoholic who will totally ignore you. You also assume that I am single because I have no other option and you are wrong again. I am single because I want to stay single. On holidays and any other day or night I am alone when I feel like being alone and go out with friends males and females when I want company. If my soon to be wife has more than 1 M and I have little or nothing why on earth would I not sign a prenup ? Now let's assume that I have the big money and she has nothing. Let's take it a step further let's assume that a male is in his 30' has money and a lot of potentials. WHY SIGN ANYTHING ? What is right or good about going to the city hall and SIGN a legal document to say that he loves her ? He can live with her, have kids and love her just like you, minus the risk in case things do not turn out well. He can do the SAME things you do, so why marry ?
Maybe you could sue her to recover half the cost? Hehe, just kidding matey Was a wise move and probably saved you a LOT more than $10k. I agree with you on this issue and think you are showing a lot of wisdom here. Personally I will never marry and I do my best to avoid having any kids (successful so far, touch wood). I like my freedom and independence too much, along with financial security and low fixed costs. Think of the NYT reporter in that other story, on $120k gross, but after alimony and child support he takes home $2800 net. He's almost a middle-aged pauper due to marriage, and he earns 6 figures. There are plenty of women out there who are cool with not getting married or having kids. In fact, it's a good sign because it means she can think independently, respects your views, and isn't a gold-digger. If you want to settle down, shack up with someone like that. If you don't, then screw around to your heart's content, have fun, and leave some other chump to marry the good-time girls and pick up the pieces. Live life for yourself, don't become a milch-cow for some fat middle-aged heifer (which is what most young hotties eventually turn into) and divorce lawyers. www.nomarriage.com go to the section which calculates that hiring two top-class hookers a week works out FAR cheaper per shag in the long-run than being married or having a steady girlfriend. And that doesn't factor in alimony, divorce settlement, or child support. It also is much cheaper to date around and take women to top restaurants and hotels to bang them, than to be married. Let's face it, most guys are not strictly monogamous, and like variety from time to time. Being married stops all that, unless you want to cheat and risk getting Bobbitted, divorced, and giving herp or HPV to your partner. Best to stay single or in a chilled relationship with a solid girl who doesn't have annoying designs on kids or a white wedding.
Your mistake assumption is that marriage suits everyone. It doesn't. Being unhappily married and/or divorced is FAR WORSE than being single and unmarried. There are plenty of people who never got married and had great lives. As for being old alone, that happens to 50% of happily married lifelong couples when their partner dies. Whereas if you're a roue with several girlfriends, if one dies then the others are still there. And if you have younger gf or gfs, they are much less likely to die before you.
The markets are probably the fastest place where you can lose that 100K. And most likely not in the manner in which you'd imagine. You won't likely lose it all in a slow grind, the way you blow it out completely is after the taste of success has gone to your head. Picture this: you start out small, trade for 6 months, start getting the hang of things. Eventually, you will begin to see consistent returns and over the course of the next year or so, depending mostly on market conditions, you double or even triple your account. And then you lose 300K in a month by the time you realize you don't really know anything at all. Think hard before you even start down this road. The above scenario has a far higher probability of coming to pass than you can imagine at this point. It's quite painful to have that kind of rug pulled out from under you.
One of the smartest trades you may ever make is to let a better trader than you manage your capital for you. Another upside to this is that your day is totally free to do whatever you want. Sitting in front of a screen watching numbers change colour was never my bag There are some seriously good funds out there. The book that really changed my way of thinking was Michael Covel's "Trendfollowing" - I can't suggest strongly enough that you read it. It is Chapter 1 of the most important story in finance.