Money is very hard to talk about. I recently met a financial advisor who advises people about managing money. I know him for over a decade and can vouch that he is good at his work. But whenever he tries to talk to his extended family about money, he rarely got anywhere. Infact, he has made peace with himself that his good advice will be ignored by his own family. Somehow it is much easier to talk about religion and politics.

You can lead a horse to water, but you can’t make it drink. Talking about money is quite similar. For most, money is a necessary evil. People will do all misdeeds with money & that’s why it gets hated by others. People love to hate people who can make money easily or it appears those who make money easily. But there is no easy money.

Every investing style has its drawbacks and shortcomings. Key is to identify what one wants from the money via investing. It could be the factor to keep the family glued together, good healthcare or entertainment or travel. Don’t approach investing as the money to lose. Approach as the money to risk. There is a difference in the two. You can always try and make the most of what you have got. Taking risk is part of life and investing too. One cannot eliminate risk. One can only manage it. And yes, talk about money more often!