Taking risk. A question.

[chic]

Are you more likely to take a risk when you are feeling lucky and confident, or when you are desperate? Or, other, but please say what.

This really depends. I am more likely to, say, buy a lottery ticket when I feel lucky. I am more likely to make more impactful decisions/changes when I am desperate. What about you.??

 

[hollydolly]

You're a Taurean Chic... you are not a risk taker by nature... you're someone who has to think things through before acting... whereas me as an Aries.. just goes for gold..lol.. my life is a risk taking exercise every day ..

 

[Alligatorob]

Good question, never really thought about it. I am always up for taking a risk, if I think the outcome is more likely positive than negative. And the downside of the negative isn't awful. Not that I haven't made some foolish decisions... I'm not sure my state of mind has much to do with it... but maybe, I'll have to think on it.

I am more likely to, say, buy a lottery ticket

Never bought one, I know the odds are always against me...

 

[Nathan]

Are you more likely to take a risk when you are feeling lucky and confident, or when you are desperate? Or, other, but please say what.

I usually don't take risks, am pretty conservative. But, I would say I would have to feel positive about the intended risky behavior, rather than desperate.

 

[Timewise 60+]

It depends...on the odds and what you are risking! Risk my life if the odds are against me....NO! Suba dive or skydive when the odds are good you will survive...You bet, let's go! etc. etc.

 

[Naturally]

Apparently the determining factor for me is age
I take far fewer risks now than every before
If I get younger I'll prolly take more risks again

 

[chic]

Apparently the determining factor for me is age
I take far fewer risks now than every before
If I get younger I'll prolly take more risks again

I take more because time is growing short. In my mind it is.

 

[debodun]

I'm not lucky with gambling.

 

[Alligatorob]

I take more because time is growing short.

I think there is logic to that. However, it doesn't see to be what most of us do...

 

[chic]

Good question, never really thought about it. I am always up for taking a risk, if I think the outcome is more likely positive than negative. And the downside of the negative isn't awful. Not that I haven't made some foolish decisions... I'm not sure my state of mind has much to do with it... but maybe, I'll have to think on it.

Never bought one, I know the odds are always against me...

But Rob, people win them all the time. Lottery agent shops wouldn't stay in business if nobody ever won so you could be one of the lucky ones, but if you don't feel lucky, I understand.

 

[helenbacque]

Nothing ventured, nothing gained. I was a cautious risk taker and always tried to have a Plan B in case it didn’t work out. I was often told, “aren’t you afraid to do that alone”. I didn’t take foolish risks but lived an adventurous life.

 

[feywon]

Nothing ventured, nothing gained. I was a cautious risk taker and always tried to have a Plan B in case it didn’t work out. I was often told, “aren’t you afraid to do that alone”. I didn’t take foolish risks but lived an adventurous life.

Amen to all that. Having a plan B always a good idea. Preferred to do most things alone till i had kids, then enjoyed doing things with them. Still do. Some of the most productive, interesting and fun conversations, experiences of my life have been with my children tho they are all middle aged now.
And that last sentence, always a good idea to weigh the potential consequences against potential gains.

 

[Knight]

By choice living where gambling is the #1 industry risk taking with money is a weekly event. But when it comes to traffic risk taking is not going to happen. I guess it's situational.

 

[feywon]

I take calculated risks for the most part. Weigh potential gain against potential consequences, losses. Tho when a living being's well being hangs in the balance it is different. For me the worst consequence would be betraying my values for the sake of what anyone else thought or what they might do to me for taking a stand.

The risks i take for matters of principle/values were all determined worth it long ago. I was a bit more cautious when my kids were young because they were my top priority, but stayed true to myself and even tho it may have given them some scary moments it paid off.because walking our talk makes bigger impression on kids than just lip service. When words and deeds contradict one another they give more weight to our actions.

 

[Liberty]

My hub played professional poker so I learned about Big Blinds and Small Blinds at an
earlier age...lol.

I'm not much of a gambler but my electrical engineer husband has done well at it. Guess my big gamble was to marry him against the advice of the family. Thankfully, they had to eat their words.

 

[CallMeKate]

I'm not a risk taker... never have been. But I have to say that your question got me to thinking where I'd be (or *IF* I'd even "be" any longer) if I'd taken some of the risks that were presented to me in life. I'm thinking my life wouldn't have been very pleasant had I taken some of those risks. Great question, @chic ! (But see my other answer below when I realized we may be reading the question differently.)

 

[Gaer]

Well, I don't play the lottery because I don't want money.
I couldn't take risks when my two children depended on only me.

But alone, Yes, Many times I have "just taken the jump" not knowing if I will survive
and in doing so, have always managed to "squeak by".
Yes, I think I'm very much a "risk taker". Isn't this one of the delights of life?
(trying, even though you know you might not make it, but somehow, you do?)

 

[Muskrat]

Risk is subjective. I spent many years not having health insurance on purpose. I did not find it particularly risky. I invest…and that is a risk…

 

[CallMeKate]

I was just thinking of the difference in how we may be reading the question here... now that I've had more time to think about it. Traveling into the bad parts of Mexico is a risk I'd not take. Taking a selfie for TikTok while leaning over the side of Diamond Head... definitely a no. But I don't consider a lottery ticket a risk... if that's the type of thing you meant, I'd certainly do it.

 

[Lewkat]

I am an inveterate risk taker. I love a challenge.

 

[ElCastor]

Are you more likely to take a risk when you are feeling lucky and confident, or when you are desperate? Or, other, but please say what.

This really depends. I am more likely to, say, buy a lottery ticket when I feel lucky. I am more likely to make more impactful decisions/changes when I am desperate. What about you.??

For example, investing assets when we retire can trigger some inherent risk, but applying logic to determine the degree of risk in doing so in comparison with the risk in avoiding investment should guide our decision. So desperate or not our decisions should be guided by logic, not emotion.

 

[Trish]

By nurture, I was raised to be risk adverse but, by nature, I would probably have taken more risks. Looking back, I wish I had taken more risks.

 

[Gary O']

I take more because time is growing short.

Did just that when moving to the mountains at age 66
It was a risk for sure
Hard winters
Tough, rugged living off grid
Always wanted to
The question loomed;
If not now......when?
Never a regret

I think there is logic to that. However, it doesn't see to be what most of us do...

I'm not most of us

 

[Muskrat]

Alexander Honnold once said he did not find free climbing El Capitan or other large mountains risky. He says he studies the routes well, trains hard, factors in variables. The man makes my palms sweat just thinking about it. Those that are unfamilar…google him.

 

[Murrmurr]

Never bought one, I know the odds are always against me...

You bring up a good point. Winning the lottery isn't about luck, it's about odds.

But your odds are as good as everyone's.