Deal or no Deal

HOLDING OUT TO THE END

It takes nerves of steel, but those that take the considered gamble and stay in control of their emotions, can get bigger payouts in the end. And we're not just talking about a TV show here. 

So many times in our lives, we've missed out on better results because we've not had the nerves, guts, determination or foresight to push on. That's because we naturally have a stronger aversion to loss when taking a risk. It's the reason why computers have taken the human factor out of decision making in the stock market. We fear the loss of what we could gain - and fail to press that button.

The way to get better results in the game of life, is to keep on top of how we've faired in the past - noticing when the right decisions have been taken over the wrong ones and remembering when a positive result has been won over a potentially bad one. Our memories cheat us, so we need to write things down. 

Today marks the end of a period when I've been saying 'No Deal'. It's been stressful and much sleep has been lost over these last 11 months. But, through being strong and patiently sitting this out to the end, when it's been so tough - I've now got the result I wanted and deserve. I've not only benefitted in monetary terms, which is of course great, but I've learned a lot about myself in the process too. It takes guts, determination and perseverance to get what we want out of life. 

Too many of us are quick to cave in for what is believed to be an easier life. Knowing what our limits are, will help us to make better decisions. We can't act on these decisions until we've gone through some painful situations. This is a fact of life and the earlier we learn this - the sooner we get better at dealing with the discomfort - and the bigger the payouts will be when we do.