so this is my ideal plan. i am trying to figure out if its doable in the time frame im thinking. I have been studying alot and belive i can do this. I may have to readjust some things depending on how fast I can actually get in profit...(is readjusting goals still fast lane?)
I am going to be taking a $250 trading account and building it first to $2500 then to $25000 in about 6 months time...after this i get stuck...
I am having a hard time figuring out what monitary goals to shoot for here with this.
after hitting 25k mark(hubby quits we live off 4k a month)and I build it to 100k.
in about 1-2 yrs time i want to be able to produce 25k a month in income at minimum from trading with that size account. Hopefully more. then we either leave it in the trading account to produce higher returns(me still activly trading) and use the excess to invest into income producing rei, id also love to start trading stocks. (when i grow up i want a fun portfolio like kimber!)
the first goal in passive income is 5k a month. then 10k then 25k ect to infinity...
My husband says after we are able for him to stop working he wants me to teach him how to forex trade... Im thinking thats not the best idea. wouldnt it be better for him to learn how to do something different to make money? to have multiple streams going?
is active trading(and i mean being a kick a$$ trader) a fast lane idea or slow lane???
to me its fast lane, well at least what i expect to gain from it is(too much money to know what to do with!) just wondering what everyone elses thoughts are on this...
I am going to be taking a $250 trading account and building it first to $2500 then to $25000 in about 6 months time...after this i get stuck...
I am having a hard time figuring out what monitary goals to shoot for here with this.
after hitting 25k mark(hubby quits we live off 4k a month)and I build it to 100k.
in about 1-2 yrs time i want to be able to produce 25k a month in income at minimum from trading with that size account. Hopefully more. then we either leave it in the trading account to produce higher returns(me still activly trading) and use the excess to invest into income producing rei, id also love to start trading stocks. (when i grow up i want a fun portfolio like kimber!)
the first goal in passive income is 5k a month. then 10k then 25k ect to infinity...
My husband says after we are able for him to stop working he wants me to teach him how to forex trade... Im thinking thats not the best idea. wouldnt it be better for him to learn how to do something different to make money? to have multiple streams going?
is active trading(and i mean being a kick a$$ trader) a fast lane idea or slow lane???
to me its fast lane, well at least what i expect to gain from it is(too much money to know what to do with!) just wondering what everyone elses thoughts are on this...
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