The Living Force
Yeah, it's a kind of like gambling. People who 'gamble' often think that everything is going to turn out ok regardless, or that they will always 'come up trumps' in the end. They can get into hot water very quickly when that doesn't happen.The liability I'm trying to work out is avoiding overestimating myself when considering pivotal financial decisions. Maybe moreso, considering the potential impact on those that depend on me rather than basing decisions on my own risk tolerance.
If you are a gambler by nature, it might be a good idea to involve someone else, like your wife, in those financial decisions. Or, once you have defined and recognized the 'nature' of the problem you can impose a conservative management strategy over it, before making any decisions.