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I know this has a 50/50 chance of helping or being useless, but I'm going to try anyway.

I also know, which I can partially understand, that people think I'm a glownigger. Which I'm not and I'm not trying to convince anyone otherwise. So, give me crap, actual advise or opinions. I'd prefer the latter but expect both.

I wasn't raised by my parents. Long story, doesn't matter but my grandparents raised me. They're awesome and have taught me some things but probably the two best things they ever did for me was ensuring I was raised knowing God both in the home and with an excellent private Christian school education. One thing they never helped me with or taught me was to have direction and ambition. It led to me being pretty aimless. I was in the National Guard as a combat medic/EMT but other than that I lived a life where I never thought about a future. I lived for right here, right now. My dad died when he was 45 and never accomplished anything. I was 25 when he died and now, as I just turned 40, will absolutely not end up the same way.

So, I've been trying to find something that I can learn and do to ensure I can provide for myself and help those around me as well as give me some direction and focus.

I stumbled upon someone and MAYBE an opportunity. When she was still a teenager her uncle, who had traded futures for decades, brought her in and condensed his entire knowledge base down to the absolute minimum. She's been doing it for going on 10 years now, I believe, and she knows her stuff. Now, she has started a sort of program, or something, in which she teaches the exact method her uncle taught her and that she uses every day - and succeeds.

Learning has never been a problem, I know I have the capability to do this, I wonder if learning to trade futures is something WORTH learning.

Don't focus on the HOW I'd go about learning this. And if this isn't something worth doing, what would be something else I could look into learning and making a career out of? Preferably in same lone wolf style work that is like trading futures. I'm not interested in interfacing with people all day.

So, that's it. I'll definitely read everything, but will only respond to replies worth replying to but it may take time.

I know this has a 50/50 chance of helping or being useless, but I'm going to try anyway. I also know, which I can partially understand, that people think I'm a glownigger. Which I'm not and I'm not trying to convince anyone otherwise. So, give me crap, actual advise or opinions. I'd prefer the latter but expect both. I wasn't raised by my parents. Long story, doesn't matter but my grandparents raised me. They're awesome and have taught me some things but probably the two best things they ever did for me was ensuring I was raised knowing God both in the home and with an excellent private Christian school education. One thing they never helped me with or taught me was to have direction and ambition. It led to me being pretty aimless. I was in the National Guard as a combat medic/EMT but other than that I lived a life where I never thought about a future. I lived for right here, right now. My dad died when he was 45 and never accomplished anything. I was 25 when he died and now, as I just turned 40, will absolutely not end up the same way. So, I've been trying to find something that I can learn and do to ensure I can provide for myself and help those around me as well as give me some direction and focus. I stumbled upon someone and MAYBE an opportunity. When she was still a teenager her uncle, who had traded futures for decades, brought her in and condensed his entire knowledge base down to the absolute minimum. She's been doing it for going on 10 years now, I believe, and she knows her stuff. Now, she has started a sort of program, or something, in which she teaches the exact method her uncle taught her and that she uses every day - and succeeds. Learning has never been a problem, I know I have the capability to do this, I wonder if learning to trade futures is something WORTH learning. Don't focus on the HOW I'd go about learning this. And if this isn't something worth doing, what would be something else I could look into learning and making a career out of? Preferably in same lone wolf style work that is like trading futures. I'm not interested in interfacing with people all day. So, that's it. I'll definitely read everything, but will only respond to replies worth replying to but it may take time.

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[–] • 1 pt

We definitely have overlap. I absolutely have the inclinations and ideas of a generation considerably older than my own.

Real estate would be something I'd totally get behind, if I had remotely even close to the amount of money I would need to start. Being a carpenter I know I could buy, restore and flip a house with very few problems.

[–] • 0 pt

I wasn't flush with money when I started either.

I had my cash savings, I took a 2nd mortgage on my house, I took out 50% of my 401k as a loan. One of the parcels I purchased, the owner offered 20% down, 6% interest, 5 year term financing. I took that offer to conserve cash up front.

At that time some credit card companies were offering 0% /18 month cash advances up to 50% of your limit on some cards. I had a card with a $50k limit (I think someone screwed up and added a zero because my other cards were around a $10k limit). I took out a $20k cash advance on the card. Here's the story behind that. While planning the subdivision plan, I was limited by acreage to a certain number of lots. If I had more acreage, I could have more view lots. I decided I needed 31ac or more to maximize the number of 1.5ac lots in the best mountain/water view area of the subdivision. That $20K credit card advance paid for the 31ac I needed and secured a 3 year balloon contract for the remaining 200ac abutting my project.

Incredibly, that $20K credit card advance allowed me to create over $1M in new view lots! I paid it back on time and avoided any interest payments. I can't help but shake my head and smile every time I think about that!

Like I said, I put all of my eggs in this basket. If it failed, I'd be wiped out. That was great incentive as I managed every aspect of this endeavor. In the time that had I left my job, received the final subdivision approval, had the 1st phase infrastructure in place, had the new lots listed and was waiting for the first lot sale ... I had been making payments on all of these loans. It was close, I was down to my last $12k by the time I closed the first lot sale. I became debt free as quickly as possible, paid off all of these loans before enjoying the fruit of my labor.

It was an amazing experience that changed my life - and I never want to go through that level of desperation, risk and stress again. I made more than enough to fund a good life. I'm getting too old for that level of stress again, I have no kids to leave it to so why take on risk and put myself through another big project. I'm content with what I have. Leaving my job and succeeding writ large gave me the last laugh at all of the naysayers back at the plant too. I was told I became legend there. LMAO!

[–] • 0 pt

Flush? Dude, you already HAD. 50% of a 401k and a 2nd mortgage. That isn't "flush" but you HAD those things.

[–] • 0 pt (edited )

Yes, but it was a modest house (IIRC the second mortgage only netted me about $25k) and not that big of a 401k for my age at the time.

Here's an example of how fast it can be done from virtually nothing.... A friend at work and I used to do lunch at a local eatery and I'd hear him lament about not having enough money to get by. He'd filed bankruptcy a couple of years before but "some special government program" enabled him to afford a doublewide on 25 acres for cheap money at a higher interest. He made good money, had a wife and kids and terrible credit. So he's wishing he could do something like I was in the process of doing with my subdivision. Being a good friend trying to help a friend I said what about developing the land you already own? "Oh no! I couldn't do that!". Lol!. "I love the isolation, I couldn't develop this!"

About a month later he had warmed up to the idea. I walked him through the process over the next ~6 months and I think he had a total of $30k wrapped up in survey, test pits, town approval, dirt road infrastructure. He was able to create a low priced subdivision of 7 lots plus his existing home. He subcontracted the homes and sold home package on 6 lots. He built himself a 4600sqft colonial on the 7th lot, then sold his doublewide for more than he originally paid including the land! He did well overall, I'd guess close to $500k profit, and that was passively over a 5 year period. He still had his day job too.