| When I was a kid, my family was solidly middle-class. My dad was an assistant principal in public schools, and my mom didn't work until I was almost out of the house. We had everything we needed and some things that we wanted. It was a great way to grow up. It instilled a work ethic and an appreciation for the value of a dollar that I still have to this day. It also made me very careful with my money. When I was in my early 20s right after college, I was living in New York City and working an entry-level job, so I had to watch every nickel. A girl that I was dating broke up with me because she always wanted to go to nice places and do expensive things and expected me to pay for it. When I resisted, she sought out greener pastures. I was bummed because I liked her, but I wasn't about to take on a bunch of credit card debt for a girl I'd been seeing for six weeks. Crisis averted. The next year, my wife and I got together. Her upbringing was very similar to mine, she has a tremendous work ethic, and she isn't a big spender. We usually agree on financial decisions, big and small. Now that I'm older and more established, I don't have as hard of a time spending money as I did years ago. That being said, when I invest or trade, I am very protective of my capital. All investing and trading carries risk. I am very aware of what the risk is, how much I should be compensated for taking on that risk, and how much I'm willing to lose if things go wrong. In fact, thinking about things going wrong is how I approach investing and trading. | 
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