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Old 12-12-2005, 02:02 PM
rwanger rwanger is offline
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Join Date: Jan 2005
Posts: 49
Default Re: Finding an appropriate mindset

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2. Do not think of chips as spendable cash.

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I do like this line of thinking. Imagine it like investing. You started out with a small amount of money, and invested in something that brings you a steady rate of return. Now, the principal has increased, so you have more money to invest.

If you don't move up, you are only investing a small subset of the total money available. Moving up in limits, is like choosing to put some of your profits back into the investment, rather than just having it sit in the bank. By moving up, you aren't increasing your RISK because you will be getting the same return %-wise on your money...all you are doing is placing MORE money into the investment.
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