October: A Look Ahead

Hard to believe it is October already.  Wow, I’ve been back just over four months.  I love this time of year.  The smell, the colors, the change in the way the sun shines.  Small changes in nature that when you stop to recognize remind you that it is really cool to be alive.  Yes, cool indeed…

It is looking like I will finally be employed once again.  My four-month break has been nice and I can tell you that when it comes time to retire I will have no problem with it.  I have mixed feelings on going back to work.  I enjoy being off and having my time to do what I want; it’s really nice.  On the other hand I’m drawing down on my savings and that is not good.  So I’m excited to begin adding to my savings once again.

I’m also looking at real estate once again.  When I mentioned this before here  many of you thought it would be a bad idea while overseas, an objection that was certainly valid.  Now that I’m back I’m thinking of purchasing a duplex or fourplex.  This would allow me to reduce my living expenses by living in one side and start a side income by renting the other.  The ones I’m looking at would be cash deals and are in need of rehab.  It would certainly require me to learn a new set of skill, but a challenge I’m up for.  If it goes through I will be sure to include the project in this blog from start to finish and even include some pictures for your viewing enjoyment. 😉

October has the potential to be a really exciting months.  I’m looking forward to it!

Advertisements

6 thoughts on “October: A Look Ahead

  1. Congrats on the new job! I know the feeling of not wanting to work. That’s why we’re investing now so we won’t have to later. Happy investing, cheers!

    • Thank you Henry. I’m going to keep laying the foundation for having my money work for me vs. always having to work for money. It is a slow process, but wealth building doesn’t happen overnight.

  2. Stoic,

    Good luck with the new job! I hope it becomes a great source of income so you can build your F-You fund!

    Buying a duplex sounds like a pretty good idea. It’s like having a roommate, but you’re completely separated. Seems like a great way to build equity on the cheap. Keep us updated!

    Best wishes!

    • DM, Thank you. Although I think my compensation is fair at this new job, my money for investing will be nothing like it was before. I’m ok with that though. I still think I will be able to get my savings rate at high levels especially if I end up purchasing a rental property. Cross your fingers. I have a lot a work ahead of me, but looking forward to it.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s