Re: What`s all part of being a pro?
There is no such thing as a free lunch.
What's that? I should just get into real estate/stock market/small business and make millions?
Positive cash flow real estate is hard to find right now (should be better in a couple years).
A decent return on a portfolio is around 7-8 percent not adjusted for inflation, and can be acheived very passivley through cash, bonds, EFTs. Should take a couple hours a YEAR to do this. Without any inside information you will only beat the market by pure luck.
Any small business takes a lot of time and commitment. Through some analysis and some guesswork with a solid business plan you could work out your EV and various scenarios and their probabilities.
However, if you can make $500+ an hour playing poker right now and invest all non-working capital, odds are really against finding a better opportunity.
Best off riding the poker train as long as you can and worrying about what you want to do in retirement in a couple years.
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