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RE: My Most Consistent Hobby For The Last 5 Years
Ah, good ol' @tim3w4rp. Or should I say good young. Anyway. He's a cool kid. :)
Guess you better watch what you put in your disclaimers.
I think your hobby is one of the best that I've seen yet. You turn your hobby into a money making machine over time that allows you to retire at whatever the heck age you want.
Okay, maybe that's a little exaggerated, but hopefully it means sooner than later.
Yeah, I have to be careful. I didn't realize anyone other than you and Lynn were reading them!
The machine isn't working as quickly as I'd like. There have been a few things that have slowed us down. It's ok though. We're still standing and hopefully things will pick up speed soon.
I would like it to be on my terms, not working until I drop because I can't afford to stop.
Oh, I know all about the bumps in the road to retirement. Aka, business shutting down. Not helpful. However, as you say, still standing and hoping things will pick up soon, before my wife gets totally fed up. I suppose I probably should just go ahead and get that part-time job she keeps saying I should, though I'm not sure how that's supposed to get her out of her job. My logic and her logic aren't on the same page. :)
If you got that part time job it would take time away from Steemit though! Oh, no! Ha ha. It might be nice to have a little extra cash on hand though. Sometimes the extra padding in the pocket helps keep things positive. And if you have enough extra, you could even buy silver! ;)
Yes, some extra would be nice, but she's wanting to quit her full-time as soon as possible, so as soon as I get the part-time, she'll want me to look for the full-time. We've done this before years ago, when I was unemployed for a few weeks. Only that time it was get whatever job, then get a better one. It's like, okay, if I can get the better job, might as well go for it, so I did. :)
Our situation is fine. It's just not as awesome as it was. So, no we don't have two years worth of expenses in reserves, but we're more than a paycheck away from being out in the cold, too. It would be nice to strike the happy medium between have everything anytime and destitution. It's good for the soul to wait for stuff for a little while, anyway.
Makes sense. Or if both of you end up having jobs at the same time then you can stockpile money and you'll be able to get to that two year savings mark. At some point you'll want to retire for good and it will be nice to have the extra money.
And yes, learning the discipline of waiting can be good for a person. It's just tough to do in the moment.
Money making machine, haha. Good one, @glenalbrethsen. :)
I've tried "investing" as well. Margin-trading, to be specific. Hence the quotation marks. Learning how to do it was a tedious process. One that has already cost me quite a few hours of sleep and some money, albeit not much. I've learned my lesson and now I'm investing in a proper manner. I use whatever spare money I have.
The thing I'm hoping will give me the edge over others is the fact that I'm 24 years old. I don't have many friends who are investing like I am. In fact, I only have one such friend.