Change in Direction

After all the chaos with the house it was decided that I would take things slower. I made a switch from real estate to stocks as my starting point in my investing business. I did this for two reasons. The first was the ability to use smaller amounts of money and the second was to practice my decision making and risk managment. I made a deal with myself, if I couldn't successfully trade stocks then I wasn't allowed to get back into real estate.
Here I am, ready to start investing for real, now is the time for me to get back into real estate and do it right. There is a lot more story here but as the title of this posts suggests I am changing direction in this blogg. Luckily I am only 3 posts in. Instead of telling my story I am just going to get right into tracking my current progress. If you want to know my story you can buy my book when it comes out. Since I am already in progress of writing the book it didn't make sense to write it again in a blogg.

The first step I need to take here is actually list out what my goals are.

So here they are:

1. To earn $10k from investing by November 30th 2009. The significance of this date is that my wife is now pregnant with our second child and it would help out with purchasing a viacord bank as well as paying off the other associated medical bills. The remaining funds will be allocated to creating an LLC and getting a larger marketing effort going.
2. Write my first book by April 19th 2011. I really have a passion for writing this should be the first of many books for me.
3. Create an investment business that generates 100k+/year by April 19th 2011
4. Retire from my "job" by April 19th 2013 so that I can spend more time writing and with my family

In my next post I will be to listing out what steps I have taken in an effort to accomplish these goals. I will be posting again within the next week.

Success is a state of mind.

Until next time!

Hubcap