I had quit my job in 2013, with only one intention – establish & grow as a trader in stocks/futures. Why? In my opinion, a job is a person’s greatest risk & liability. I had learned it the hard way… my company was taken over & folks like me (old & high paid) had 2 options – take a severance and leave or work for new terms & conditions.
Since I did not have much liability, I had the good fortune to observe how my colleagues behaved – some of them went for another job (after taking severance pay), some others opted to stay back. And why did they do this? All of them had home loans or other monthly liabilities. Since all had families – a logical option seemed to be: “Let me compromise, so that my family does not suffer!”
While it was tempting to do what others did – and logical it seemed. I was thinking, what if I can create enduring wealth, so that me and my family can have a good living – whether I have a job or otherwise.