Re: A Realistic View at 2013: Part II
posted at 4/26/2013 11:33 PM EDT
Moon, can you give us a clue what you did for a living which enabled you to retire early. We just want to copy it!
I worked in a warehouse for about 11 years, then a home infusion therapy company for a while. I didn't make a ton of money, but I am a save-a-holic, coupon cutting, deal seeking expert. I paid off my house in 9 years, and sold my house after my divorce. I bought a foreclosure home and flipped it after 3 years for more than double my cost. With the cash I started investing as a day trader and developed a system that raerly failed (though I did lose over $10K in 1 minute once). Eventually, the system slowed in profits and I got out of the market just in time. Along the way, I flipped a few other homes, busted my butt at my job and made tons of performance bonuses that shocked the companies I worked for and changed the ways they did business based on my ideas and innovations. I often turned down promotion offers, because I never wanted to wear a suit and tie and be part of "them". I enjoyed physical hard work that involved mental stamina and finding ways to work smarter not harder. At my first job (the 11 year one), they paid you for the amount of timed jobs you did (each job had a time assigned to it), and I rarely had a day where I did uner 170%. I worked 4 - 10 hour days a week and usually got paid for 70-80 hours of work. I injured my back one day, and kept re-injuring it from time to time, and had to quit before I racked myself up. I went on to manage the backroom of a home infusion therapy/pharmacy company. I scheduled the drug deliveries, nurse appointmnets, supply warehouse, and pump rentals and maintenance. I found ways to save the company tens of thousands of dollars, and they copied my methods at their other sites, but I didn't make a ton of money there. I was day-trading at the same time, and flipping homes as well, so i had 3 incomes, and rarely spent money on anything but an occaisonal long trip. By the time I was 45, I figured I was set for life, and since I was single with no kids, I basically retired, except for a little stock trading and real estate deals. Then, I met my wife to be on a trip to Mexico and moved down there about 9 years ago. I ran a kiosk in a mall as I continued day trading, but once I got married, I had to take my finances more seriously. I opened several more kiosks, and started an English tutorial service in Mexico City. We moved away almost 6 years ago, but I still make some money off the businesses there that are now being run by my wife's relatives... not much, but enough to pay our expenses for the year. My wife is a teacher here in Sugar Land, and I volunteer at her title 1 school teaching ESL and math. It's really an eye-opening experience, and I love what I do everyday. It's amazing how great most of these kids are coming from some horrific environments. Sure, there are some tough cookies, and just downright nasty individuals, but by an large, the vast majority are good at heart and just need a little hope and guidance. It's heart-breaking at times, but rewarding in so many ways.
Anyways, that's the "short answer" to your question.