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    Home » The Power Of Doing Nothing: How I Lost $120,000 By Not Waiting
    Finance

    The Power Of Doing Nothing: How I Lost $120,000 By Not Waiting

    FreshUsNewsBy FreshUsNewsJuly 2, 2026No Comments13 Mins Read
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    One of many causes I wish to dwell near my mother and father is to assist with the little issues they do not really feel urgency about. Again in 2023, I visited and requested why there was a gap within the kitchen ceiling with a rag on the ground beneath it. A leak, he mentioned, although he wasn’t positive if it was coming from the roof or the upstairs rest room.

    A yr later, the rag and the outlet had been nonetheless there. Discuss endurance. Mine would’ve snapped inside per week. He’d had a plumber out, who modified the primary water line, opened a wall downstairs, and patched a spot on the roof. No luck. So my mother and father stored the rag on the ground and let the outlet slowly develop, undisturbed.

    Lastly Had To Repair The Darn Leak

    I let it’s in 2024. However after I returned in the summertime of 2025 and the rag and gap had been nonetheless there, I made a decision to resolve it. I had six weeks, so I had the time.

    I acquired the plumber who was changing a water heater within the in-law unit I used to be reworking to test it out too. He reduce open the ceiling, discovered the leak instantly, changed the pipe, and that was that. No extra leak after two and a half years. My handyman patched and textured the ceiling so it seemed regular once more.

    He additionally fastened two lighting fixtures on the entrance that had been fused shut. My mother and father had been tremendous with just one mild working for 11 years. Their tolerance for damaged issues was unbelievable. I haven’t got that energy.

    I acquired so much executed for my mother and father, however at the price of my very own leisure. I would imagined six weeks of studying and enjoyable at Oahu seashores, climbing, boogie boarding. As a substitute, it grew to become a remodeling and fixing job, one thing I dislike tremendously.

    At first, I assumed their capacity to shrug off a crumbling setting was bizarre. Then one other incident occurred, and I spotted possibly I am the bizarre one. Not being OK with letting issues be may be the precise reason behind unhappiness. As a result of for those who really feel compelled to drag each weed you stroll by, will you ever be free?

    The Fridge Stopped Working One Night

    It was about 8:30 pm after I opened the fridge and observed the lights did not activate. I requested my spouse whether or not she’d observed, and she or he nonchalantly mentioned no. “Perhaps it is simply resetting after the temperature spiked whereas I used to be cleansing up spilled yogurt earlier.”

    It was the youngsters’ bedtime routine, and she or he was occupied. I felt an unbelievable annoyance develop inside me, cursing the fridge for breaking, then a bit of extra aggravated my spouse did not share my urgency. All I may take into consideration was the meals spoiling and having to move the whole lot if we could not repair it in time.

    She sensed my annoyance and got here to assist. I acquired on ChatGPT, inspected the fridge, flipped the circuit breaker on and off, and ultimately paid somebody $100 to return out at 10:05 pm. He mentioned the fridge itself was tremendous. The breaker nonetheless tripped when he flipped it, so I wanted an electrician. Sigh, wasted cash.

    The factor is, I would already referred to as an electrician first, who mentioned I most likely simply wanted a brand new breaker after I described what occurred. However he wouldn’t come out till the following morning, and I couldn’t wait. If I would had the facility to not repair it instantly, and simply sleep on it, I might have saved $100 and had a significantly better night placing the youngsters down and watching a present.

    Lack Of Persistence Price Me $120,000

    This incident jogged my memory of a much more expensive occasion, additionally as a consequence of my lack of ability to take a seat nonetheless and do nothing.

    In early March 2025, I closed on promoting my house and acquired about $1.65 million in proceeds. I transferred $50,000 to our joint checking account so my spouse may pay some payments. Then we agreed I would make investments the remainder.

    The S&P 500 was down about 3% on the time, so I made a decision to start out investing. I advised myself I would make investments about $1 million (60% of the proceeds) over the following three months. However as quickly because the S&P 500 was down about 5% per week later, I invested $500,000. Then I invested one other $700,000 over the following couple of weeks because the market stored dropping to down 10%.

    So as a substitute of investing $1 million over three months, I invested $1.2 million over three weeks. And naturally, on Liberation Day a pair weeks later, the S&P 500 was down about 20%.

    Basically, I misplaced round $120,000 (-10% on $1.2 million) by investing too quickly, all due to my lack of ability to patiently await issues to worsen earlier than they acquired higher.

    In the case of shopping for the dip, don’t get trigger-happy. Purchase too usually, too quickly, and you may run out of firepower proper if you want it most, like I did. Fortunately, the market has since recovered and I had $200,000 remaining to speculate.

    This summer time, I am decided to dwell a extra enjoyable life in Hawaii. We’ll solely be right here for 4 weeks this time, however I plan to unwind by 80%, versus not unwinding in any respect final yr. We’ll get to benefit from the spoils of the in-law unit rework and give attention to our well being whereas we’re away.

    P.S. I monitor all my accounts and internet value by way of Empower, free to make use of. It is one of many instruments that helps me catch moments like this, when emotion is about to override a plan, earlier than they flip into costly errors.

    FIRE and Impatience

    Throughout this time of self-reflection, I’ve realized there is a sturdy correlation between the need to FIRE and impatience. FIRE individuals could also be extra delicate concerning the passage of time. We really feel a higher urgency to avoid wasting aggressively and get out earlier, simply in case our lives are reduce quick or we’re hit with diseases that decrease our high quality of life.

    The Sensitivity Of Time

    If my 15-year-old pal hadn’t died in a automotive accident after I was 13, I am unsure I might have had the urge to retire by 40. However his demise has stayed with me, which is why I have been writing about retiring early since I launched this web site in 2009. It is also why I am so opinionated about getting individuals to cease working a job they do not love as soon as they’re near or have already reached their FIRE number.

    I additionally discover it dangerous to maintain grinding if you’ve acquired a $10+ million net worth and your youngsters are nonetheless at house. I do know this viewpoint will be annoying to those that get pleasure from their jobs, or who wish to break away however by some means will not. However our youngsters will not give a crap if we’ve got one other million in our checking account.

    Most middle-school youngsters aren’t traumatized by a pal dying on them. So maybe most individuals aren’t as delicate concerning the passage of time as I’m. However I really feel like I am experiencing time transfer 50% sooner than the typical particular person. In highschool, I keep in mind hoping I would be fortunate to dwell till 60, whereas my friends had been all considering 90 and above.

    If one thing occurs to me, I would like my spouse and youngsters to be utterly tremendous with out my revenue. I locked in my very own time period life insurance coverage coverage by way of Policygenius as a result of they allow you to examine actual quotes from high carriers in a single place. I felt so significantly better after.

    How To Develop The Energy To Do Nothing

    Being extra delicate concerning the passage of time can push you to work tougher, save extra, take calculated dangers, and dwell life to the max now. However that continuous, go-go-go perspective the place you all the time must finish the last mile ASAP cannot be good for sustained happiness. The stress provides up.

    It is also not good to your relationships together with your partner, mother and father, and kids. In case you’re all the time the one who needs issues executed and the day filled with productive duties, you may be exhausting to be round, and you may begin viewing your family members as much less motivated, or simply unadventurous.

    So listed below are the six ideas I am engaged on to get higher at sitting nonetheless and doing nothing.

    1. Impose a ready interval, then sleep on it

    The larger the greenback quantity or the upper the stakes, the longer I pressure myself to attend earlier than appearing. A damaged equipment, a inventory buy, an indignant e mail to a contractor. None of it wants fixing within the subsequent ten minutes. Persistence has a worth. So does impatience. The distinction is that impatience hides the invoice till it is too late to dispute it.

    A full night time of sleep helps greater than working tougher ever does. The unconscious is a quiet little worker who retains grinding lengthy after you have clocked out. A stroll or a soak within the scorching tub brings a ton of recent publish concepts too. A few of my greatest choices have come from doing nothing however ready till morning.

    2. Do issues in the fitting order

    Diagnose earlier than you use. Get the free opinion earlier than the paid one. Learn the instruction handbook. Ask Claude or ChatGPT to diagnose first. Attempt a budget repair earlier than the costly one. Costliest errors do not come from doing the mistaken factor. They arrive from doing the fitting issues within the mistaken sequence.

    3. Separate what feels pressing from what is definitely essential

    A darkish fridge at 8:30 pm looks like an emergency if you wish to stuff your face. In actuality, meals stays chilly for hours and the world retains spinning. My spouse understood this instinctively. I handled it like the home was burning down.

    Earlier than springing into motion, ask what truly occurs for those who wait till tomorrow. 9 occasions out of ten, the trustworthy reply is “nothing,” which implies you have manufactured an emergency simply to justify your must do one thing.

    4. Pre-commit to a plan, then tie your personal fingers

    I knew the fitting transfer with my house sale proceeds. I wrote it down: make investments $1 million over three months, dollar-cost common, keep calm. Then the market dipped and I overrode my very own plan inside three weeks.

    The lesson is not that I had a nasty plan. It is that I did not belief it. Automate your investments, set the schedule, and make it annoying to deviate. Your entire level of a plan is to guard you from your self within the second your feelings are screaming loudest. Be Odysseus and tie your fingers to the bow.

    5. Schedule doing nothing prefer it’s an essential assembly

    Relaxation does not occur accidentally for extremely motivated individuals. If it isn’t on the calendar, the go-go-go intuition fills the empty house with a undertaking. So this summer time in Hawaii, “do nothing” is a scheduled exercise. World Cup at 6am. Seashore at 10am. Boogie boarding at 4pm after a nap. A ebook with completely nothing to do with cash.

    Deal with leisure as a deliverable and also you may truly ship it.

    6. Be taught from the calmest particular person within the room

    The calmest particular person within the room is normally seeing the scenario most clearly, as a result of they don’t seem to be flooded with adrenaline. Perhaps they’re simply extra skilled. Discover that particular person and replica them. Usually, it is the one who appears like they’re doing nothing.

    Want To Higher Get pleasure from The FIRE Life As One Ages

    I retired from my day job in 2012 to purchase extra time. Fourteen years later, the problem is not incomes the liberty anymore. It is remembering to really use it, as a substitute of filling it with the identical urgency I used to be supposedly making an attempt to flee.

    FIRE was by no means the end line. Studying easy methods to benefit from the freedom, with out continuously optimizing it, is now the tougher talent, and it solely will get extra essential with age. My youngsters will not keep in mind whether or not the fridge acquired fastened at 10pm or 10am, or whether or not the leak took two weeks or two years to patch. They’re going to keep in mind whether or not dad was current or pacing.

    So this summer time, my solely actual purpose is to do much less, on function. I’ve even arrange a Summer YOLO Fund so I’ve permission to really spend with out agonizing over it. Generally probably the most priceless factor FIRE buys you is not extra money. It is the power to do nothing and spend freely with out guilt.

    Reader Questions And Recommendations

    Readers, do you could have the facility to do nothing, or are you cursed with the identical impatience I’m? What is the largest impatience tax you have ever paid, the place ready a day, per week, or a yr would have saved you cash, stress, or each?

    A part of what makes it attainable to do nothing this summer time is realizing the large stuff is already dealt with. I locked in my time period life insurance coverage by way of Policygenius years in the past, particularly so my spouse and youngsters could be tremendous with out revenue if one thing occurred to me. That is one much less factor to lie awake worrying about, and one much less excuse to remain in go-go-go mode “simply in case.” As soon as the actual dangers are coated, the small stuff, like a darkish fridge at 8:30 pm, does not deserve the identical adrenaline.

    If you would like to get my posts despatched to your inbox with no adverts for the primary three hours, join my e-mail checklist here. To realize monetary freedom sooner, be part of 60,000+ others and join my free weekly newsletter.



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