Sometimes, its because everyone's different that makes the world such a colourful place. Over the weekend, we had a discussion that brought a lot of pain...it was about this investment venture that didn't go through. The only reason behind it was due to different level of acceptable risk between us and my fiance's parents. Because we didn't go ahead with it, we lost out on making a $100K profit and his parents, another $100K. It wasn't huge but his parents don't see eye to eye with us and was worried and wasn't very comfortable with the amount of risk. The risk to us is neglible as we know that there is no way we will lose a cent on this. It was an investment in property and they were worried about us making the repayments. However, we were only interested in riding the boom and sell within 1 year...growth for the past year was 40%. We would have bought it and sold it within 6-8 months. Hence, the only thing we were looking out for in a house was potential growth in the area and location. He did tell me that his parents would know that it is a missed opportunity and will live to regret but just not telling us straight that they wished they had listen to us.
Been trying to look at it as a $100K profit that was never meant to be so it is not considered a loss...it was not something we could have achieved on our own as well since we don't have the capital. But it is still very painful...wonder when will this wound heal...a $100K wound...another opportunity down the drain...i wonder how many more opportunities do i have....
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