Just when you thought the plans hadn't gone far enough, I present to you, the ten year plan.
It is this, at the end of ten years, own or have the cash or cash equivalents to purchase 40+ acres of good land and be debt free with solid savings. So we have three main objectives. Here is how I plan to achieve it.
For the land, I intend to start trading the stock market. Which may be suicidal given what I believe will go down. But I've selected a very specific basket of stocks, and I think on a five-ten year time-line I can adjust. If the stock market just implodes and TEOWAWKI hits, I've other plans. Now, I plan to get a bunch of other investors to join me in the development of our own mutual fund. Ideally it will provide in ten years, all or a good portion of the investment.
For the savings, I'm still going to be investing in physical silver. In ten years, that could be at minimum 240oz, so just under 10k at todays spot. That's fine, I personally expect it to be worth far, far more in ten years.
For the debt, if I can work out a comprehensive plan in the next three months, relatives may be willing to loan me the money to pay off my student debts at 0%. Freeing up a great deal of my income to dump into investment.
It is this, at the end of ten years, own or have the cash or cash equivalents to purchase 40+ acres of good land and be debt free with solid savings. So we have three main objectives. Here is how I plan to achieve it.
For the land, I intend to start trading the stock market. Which may be suicidal given what I believe will go down. But I've selected a very specific basket of stocks, and I think on a five-ten year time-line I can adjust. If the stock market just implodes and TEOWAWKI hits, I've other plans. Now, I plan to get a bunch of other investors to join me in the development of our own mutual fund. Ideally it will provide in ten years, all or a good portion of the investment.
For the savings, I'm still going to be investing in physical silver. In ten years, that could be at minimum 240oz, so just under 10k at todays spot. That's fine, I personally expect it to be worth far, far more in ten years.
For the debt, if I can work out a comprehensive plan in the next three months, relatives may be willing to loan me the money to pay off my student debts at 0%. Freeing up a great deal of my income to dump into investment.
