Ideally, I would like to be a successful private investor. That's because I find the life of a private investor, based on what I have read and seen, very attractive. Unlike a professional, you are not tied to a desk trying impress your manager. Unlike a business owner, you not bogged down by day-to-day tasks trying to make sales and maintain relationship with clients. Being investor gives you flexibility. You can work 9-5 or 5-12 or any other permutation. If you want to travel to somewhere for whatever reason, attend a wedding, see an event etc., you don't need anyone's permission or anyone's concerns. At a higher level, being investor is also intellectually challenging - basically, you are making prediction about the future.
To have a "private investor" career is not easy. You need to have money, a lot of them because it has to discretionary, not something that you need to live on day to day. But how are you going to get those dough if you don't inherit, win a lottery or create a successful start-up? I guess start small.
This is my strategy, which I need to think through more clearly.
- Make money trading on the side while working full time
- If I can make money consistently from trading, I can use the "surplus" on investing on small businesses
- Take it from there
Not sure if this is realistic or something I want to do. But it definitely needs some thought.
Good day!
