This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
But here’s the key to overcoming your trepidation
Most people are afraid to look stupid or lose money. Some people purposely bypass all reasonable investment opportunities to save face – even when the investment opportunity has been repeatedly proven successful.
The Big Rental Property Fear
I’ve stated that I did not want to get involved with physical real estate because I’m a minimalist; this is 100% true.
However, there is another part of me that wanted to avoid rental real estate because of my fear of: not being able to find tenants, dealing with sh*tty or unreliable tenants, not being able to afford multiple properties if my tenants bailed, having to put down a lump sum payment, managing unpredictable repairs, my rental property burning to the ground, and whatever else could happen when you own rental property.
As I educate myself more on rental investing, though, my desire to get involved increases, and the benefits of getting into it become more appealing.
Now I’m at a point where I can confidently say the pros outweigh the cons of opting out of rental real estate investing.
The Big Cryptocurrency and Web 3.0 Fear
I heard about cryptocurrency years ago and didn’t think anything of it except that it was disrupting technology I didn’t understand.
After much education, I realized that blockchain technology, cryptocurrency, and web 3.0 help mitigate the harmful effects of centralized government and businesses. It gives back power to the people, and there is a long list of benefits this technology provides.
One of my favorite benefits is the first-world family member sending money overseas to their third-world family member in a matter of seconds-the power of disruptive technology.
Crypto is just another word for tech stocks. Just like Apple was a funny word when it was first introduced to the market.
I read an intriguing sentence today in The Bitcoin Standard: Anyone who thinks their refusal of bitcoin means they don’t have to deal with it is wrong. Countries that abandoned their monetary standard for gold went on to become wealthier and stronger nations. Others that lagged and held onto the silver standard are still catching up today00economically.
Technology is constantly changing at the speed of light. Whether it’s crypto, web 3.0, or something else, the world is changing, and we need to keep our eyes, ears, and minds open to the opportunities the changes present to us.
The Key To Dismantling Your Investment Fears
Education. The more you educate yourself on what you’re afraid of getting involved with, the more you’ll be able to make an informed decision about whether or not to partake in the endeavor.
Ignorance is the equivalent of stagnation. If you never address your fears through questioning, reflection, and enlightenment (education), then your fears will overtake you and paralyze your ability to make effective and lucrative investment decisions.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.