Day 4 - Market Investor .

Market Investor.
I love this idea and it requires no selling but again requires tons of new knowledge and I am not 100 % sure where to get this knowledge and what that will cost. I love the idea of a cash flow business that so if I pursue this idea, a large part of my learning and investing will be in high dividend paying stocks with a stable equity. I will need a huge amount of capital unless I can find ways to leverage part of my investments so I can super charge the first fives years. Then I can bring the high risk picks of options and FX trades down to be only 2 to 5 % of my capital. This choice means I'll need two jobs for several years. One for me and one for my bankroll. I might need to take more risk then random variance likes to to get caught up in five years.

Real Estate Investor.
Pros
1. Potential for very good money once up and growing. ( Hard to define a target yet)
2. Depending on the investment vehicle, this choice is fairly flexible and liquid.
3. Passive income and risk management are both qualities you can and should build into your portfolio. ( Again passive income is important to my goals)
4. Once up and running I can work from home and on a very flexible schedule since my market style likely will be based a little more on fundamentals then technical and longer then a single day or minute trades.
5. Lots of reading, I really do love reading and BNN.
6. To start you just need enough capital so your first trade can big large enough to make a profit beyond your expense to enter the market. (It wont be near enough to live on the profits but you can start with 500 dollars or so and open a tiny micro account for trading. Job two fuels the capital pool. (more research)
7.I have played poker (semi pro for a little while) and can translate a chuck of bankroll management, emotional control, and number theory (though a lesser degree then the first two) into this new venture. In fact I had thought of making professional poker player option 7 but the swings are too big. If I was 20 years younger I might just chuck this blog and get to a game. I am however 47 and have a baby daughter to raise. Poker is a hobby and not an option for me, the skill set however could come in very handy!
8. I honestly love trading and markets this is just one I don't know.


Cons
1. I honestly love trading and markets but this is one I don't know.
2. You need to get your capital pool pretty dang high if you can hope to keep the pool safe from ups and downs and still open up a stream to your self to live on.
3. Leverage likely cost more risk then real estate though much easier to get in markets like FX.
4. I don't have a business degree, I have an acting degree (just saying)
5. Raising enough capital will be a huge concern even with two jobs and at 47 time is short.
6. It will require me to be more organized and paperwork detailed. (some thing they all will require)

I really love this idea but I am scared that it might be next to impossible make enough money to live on from the passive income. One thing in my favor though is that once the principle house on the beach is bought in full my requirements for daily living cash are pretty cheap (I have been an actor for over twenty years and it doesn't take much cash to please me and I do plan to keep making money from creative projects, however, I must not have to ever again count on the income from these creative projects for a comfortable standard of living according to my goal.) These next five years are to be used to cut my and my families risk for the late to mid stage of my life after these 45 years of a delightful protracted youth.

Feel free to comment or give advice because I am looking for any and all suggestions.
Posted by CaptnPoppy at 12:55 PM
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