Sunday, April 19, 2009

Game Plan

So I finally laid down the ten year plan to paper. I ended up getting lost trying to take the “back way” from my land in the mountains. There isn’t much that is more inspirational than a long car ride by yourself through the desert southwest. So here is the basic plan…
Pay off land
Save 50k
Sell home for 50k
Check well for flow
Drill new well
Design Home
Build house
Flip mountain house
save 40k
Invest 200k
Buy new house
flip house
save 50 k
Invest 100k
Buy new house
flip house
save 50k
Invest total

It looks a little more formal in MS Project, but you get the gist. This will run me right through the next ten years or so. The only problem with the plan is that I will run about 700-800K short of my goal. I think the plan is a little optimistic in some respects and a little conservative in others, so I’ll just have to adapt as the plan progresses. I’m happy, I should have a big chunk of money if this works out about the way I figure, but I won’t really make my goal. So I’m starting to work on alternatives.

Plan B
Move to a small South American country with a very low cost of living and live well for a long time off the money I did make. Who knows I might even be able to contribute to the community in some way.

Plan C
Blow the cash on a couple of space flights and have a crazy weekend in Vegas, than go back to work until I’m old and grey.

I’m optimistic that over the next couple of years that I will come up with a couple more ways to make my goal a reality, but I think I had a productive scenic drive.

1 comment:

Anonymous said...

Plan B and C sound like the best bets!