Even More Broke
I think I was somewhat more prepared for what has transpired than many because I’d already lost everything, but that doesn’t mean it hasn’t impacted me. I was working and that was helping me get back on track, but now I don’t have a job so I’m left back to surviving on government handouts and trying to work out how I’m going to move forward.
Part of my strategy has been playing in the stockmarket. I’ve been making some small gains in penny stocks and doubling my money so far. My strategy has been to take out my initial $500 and then let the rest ride in the market. So far I’ve made $1500 in two weeks so I’m pretty happy with that. I also did do an options trade in the middle of this which I still do not have the nerves for but I still doubled my money and got out within the same day.
I’ve said that I know how to make money and in usual markets it’s easier than it is right now. No-one knows where the chips are going to fall right now so it’s difficult to make decisions. A lot of creative people I know who would usually relish this time, are paralysed. They can’t create to save their own lives. They don’t know what to say, what to post, what to write, what to draw, what to make.
I was like that too for the first two weeks, but now I have a plan to move forward and I’m acting on that everyday from now on.
I realised something that I had known before, forgot and now remembered again.
I don’t need a job.
I let myself get suckered in again to the security of it. The routine of going to work and having a regular payday and being to able to rely on something. But nothing is reliable. Except me. I can, and only have in the past, relied on myself, my brain and my capacity to make money.
I’ve been listening to a lot of Dan Pena and it helped me realise that I’m not like him. I’m not cut throat in business, or life. But I can carve out enough for me and my family by using my brain and courage.
So with nothing but government support, access to my superannuation, my brain, experience and courage to do so, I’m moving forward much more strongly with my writing, blogging, Youtube and reselling. If I knuckle down really hard for the next 6 months, I should be able to produce a good stream of income to support myself and then invest some more and grow it even more.
In the meantime, I’m going to be bouncing my $500 in and out of the market every week and hopefully doubling it to help make ends meet or get me to a place of true financial independence which I believe is totally possible and doable now that I have made my mind up to do so.
It’s been easy to say to myself that nothing is working but when I step back I can see that I actually haven’t put in nearly enough work to make it so. Six months from now I will have 3 strong blogs and Youtube channels, at least one completed and published book and more money in the bank than I have right now.
Although things are bleak, we have so much at our fingertips to make something from nothing and it’s entirely doable and I know how to do it. I’ve done it for others and now I have to treat myself as my own client and work as hard for myself as I have for my clients and my employers.
So for now, I’m in what could be perceived as an even worse position, but in my mind, I’m in the best position ever. I have time and resources to concentrate on what it is I want to do and what I believe for me will produce enough income to achieve my goals. It may not be $100 million like Dan Pena, but relatively, it will be.
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