Apparently I don’t know what it means to be a consistent blogger. Anyways there are a few things to be updated in my life.
1. Real Estate Investing
Since last November I have been interested in investing in real estate. I purchased a very expensive training program and have learned mountains about different strategies such as fix n flips, rentals, wholesaling etc. While this training course has opened my eyes to many things, it hasn’t given me any real life experience. Then in June of this year I got connected with a company called Midwest Equity Partner. My job is to follow up on leads of people who want to sell their homes in the Milwaukee area. Most of these are off-market properties. These people either see our bandit signs, or receive direct marketing from us. Or word of mouth. In any case I call these leads and setup a time to go inspect the properties. I take videos of the properties and then put together a rehab estimate. The acquisitions manager will then give me a number that I can offer to the seller. From there I make the offer and either they accept or they don’t. Usually they don’t. =) But that’s all good, not everyone is going to accept our offers which are usually well below retail value simply because these houses are usually distressed. The sellers don’t typically realize this fact.
2. Forex Trading
Many people think only of the stock market when the idea of trading is brought up. Little known fact is that the foreign exchange market, of forex, is actually an even bigger market. $5 trillion, yes, with a “t”, are traded daily in the forex market. That is an awful lot of liquidity which provides unparalleled trading opportunities. The stock market is prone to the big players effectively setting the price when a large volume of stock changes hands. In the forex market this isn’t possible because of the huge volume. Even the largest banks can’t move the market all by themselves. All this to say that the forex market is more stable. Over the last 2 years I have been attempting to make money but have failed. Thankfully I haven’t lost money, which if you think about it is a pretty great feat for a novice trader! I do have aspirations however of being a professional trader so I am not happy with simply breaking even. If you are interested in learning more about what I’m doing in the forex market, please head on over to my site all about that. Consciously Incompetent. I hope not to be incompetent for much longer. The real goal is unconsciously competent. =)
So yeah, between real estate investing and trading in the forex market I have a few things going on in my life. I am not in a position to move on from working at Lifetouch, so that still fills my life from Wednesday – Saturday, but who knows what may happen in the future. I am attempting to keep my mind active and constantly learn new things and so I’ve picked up my Kindle and reading books is going to become a new addition to what I do during down time. Right now I’m reading The Hour Between Dog and Wolf, which is about how our brains and body work together to deal with risk, specifically in relation to trading.
The summer has been a whirlwind of fun. My parents were here for about 6 weeks, though they did travel a lot during that time. I was able to spend about 8 days with them down at my sister’s house in Indiana and also here in Wisconsin for about another 2 weeks. Then later this summer I flew out to Oregon to visit my grandparents there and my parents, sister and brother-in-law were also all there. Most especially my cousin Jon was there and I hadn’t seen him in literally 10 years. It was so good to reconnect with him. We are planning on taking a trip to China in a year and a half or so. It’s also been a long time since I’ve been in China so that’s about due.
My job with Lifetouch is going swimmingly. I’m #1 in sales for our region and consistently ranking in the top 10-20 nationwide. That’s an amazing blessing from God. My boss wants me to be a trainer, but unfortunately this is going to hurt my sales because I’ll still get paid on commission but it’ll be the commission that the person I’m training makes, not me. So yeah, lower sales. Ah well. I don’t plan to be doing much training because of this. Otherwise I’m very thankful for this job.
I purchased a Harley Davidson a couple months ago as well. Boy has that been fun. Like seriously more fun than should be allowed. It’s my first bike so I rode it around my apartment complex for about 60 miles before I actually took it on the road. Now I’m very comfortable with even freeway riding. Still gotta take the class this coming week though. After that I’ll have my endorsement and will be able to do night riding, which will be good because then I can ride to work and save a bit on gas money. Interestingly I found an old photo of me sitting on a Harley in the Milwaukee Harley museum, taken 10 years ago this Thanksgiving. Now 10 years later it became a reality. I’ll have to post side by side photos of me then and now.
I can’t believe it’s September, that means it’s getting closer to when I’ll be saying brrrrrrr!!! Dang.
Well it seems that the winter is finally over. In fact there wasn’t much of a spring around here. As my friend Casey put it, in Wisconsin there is winter, and then there’s a death match between winter and summer, and then there’s summer. I feel like that is pretty accurate as it went from 30s to 70s in like two days. Sure is nice weather now!
I’ve been enjoying my new job at Lifetouch quite a bit. It helps that I’m ranked #1 in the region and that sales are going excellent! My boss is currently on maternity leave and so my schedule is being dealt with by another manager. It seems like not everything is running as smoothly as when my main manager was in charge but she should be back at the beginning of July or so.
I feel like this job could be a long term job for me. At least working with Lifetouch could be. There is another position called Church Consultant that I am interested in learning more about. That is the position that sets the churches up with Lifetouch to have their directories done. It seems like I would have more freedom as far as my schedule goes and probably a higher income as well. I don’t know a lot of details about this job so I plan to ask Michelle my manager when she gets back from maternity leave.
Also as I say I did make it through this winter in Wisconsin and I’m pretty much loving life here so I’m actually thinking of buying a house next year once my lease is up on this apartment. Casey and I have the lease until next March, so that’s about the time that I’ll be considering looking to buy a house. I talked with a mortgage lender from Wells Fargo and she said to talk to her again in January so we can get the ball rolling. So that’s what I plan to do, though of course I also plan to talk to other mortgage lenders to see who I want to go with. There’s tons of other things to keep in mind as well when I’m thinking of getting a house.