Hi Everyone,
The title of the post reflects my view after 25 years of knowing myself. I could never really sit still.
BUT, I plan my financial future as if I was going to have a traditional retirement one day. Financial freedom is my top priority.
A little about myself:
After graduating from college 2 years ago (debt free) I took up a job as a personal trainer. This was not my original plan. Coming from a family of lawyers, my original intent was to go to law school. I went so far as to sit for the LSAT my junior year.
Fall semester of my senior year in college is when I had an epiphany. The amount of material I consumed for fun on the topics of health, nutrition, mind set, fitness, exercises, etc. could be equivalent to earning double majors in exercise science/nutrition.
So, I decided to take a risk. I aspired to try "following my passion."
I got myself connected with one of the top fitness business owners/personal trainers in my area. I spent the first 7 months of my career being mentored by him and the last year and a half building up my own fitness business.
The last 2 years of my life have been a rapid fire blur. I am proud to say that every month my own personal fitness business has been growing and as of now, I have someone running half of my operation for me while I undertake my next fitness business projects.
I'm fortunate enough to say I am happy with my career choice thus far. I love business building/marketing aspect of fitness and I like the actual personal training/athletic training and working with clients.
Anyway, I hope that wasn't too long. Here's the financial bit.
Currently I have 25k in assets invested evenly amongst:
The Growth Fund of America
The Bond Fund of America
And through First Investors,
Blue Chip Fund
Global Fund
International Fund
Opportunity Fund
Special Situation Fund
Additionally, I have maxed out my ROTH IRA for the 2009 and 2010 year.
I prefer very low maintenance living. I am a minimalist at heart. I live like I'm still in college but I don't deprive myself entirely.
As of now, 20% of my income (Income will be 95k by the end of 2010. Income was 32k in 2009) covers all of my living expenses. I continue to live as if I was making as much money as I did in 2009.
My goal with investing is for the sense of security and confidence. I have no intention of children. I do not want a large home, I do want to get married.
Instead of retiring, I want to reach a point where I can work one month, then take 2 weeks off to travel/vacation and not worry about money at all. So I'd wind up working 7.5 months out of the year.
Besides those mutual funds and my bond fund, is there anything else I should be considering? I'm new to investing. I've just been a disciplined saver.
Is the even distribution of my income amongst the investments ok? Or should I be feeding one more than another.
Any other advice will be greatly appreciated!
Thanks,
Doug Corbett
The title of the post reflects my view after 25 years of knowing myself. I could never really sit still.
BUT, I plan my financial future as if I was going to have a traditional retirement one day. Financial freedom is my top priority.
A little about myself:
After graduating from college 2 years ago (debt free) I took up a job as a personal trainer. This was not my original plan. Coming from a family of lawyers, my original intent was to go to law school. I went so far as to sit for the LSAT my junior year.
Fall semester of my senior year in college is when I had an epiphany. The amount of material I consumed for fun on the topics of health, nutrition, mind set, fitness, exercises, etc. could be equivalent to earning double majors in exercise science/nutrition.
So, I decided to take a risk. I aspired to try "following my passion."
I got myself connected with one of the top fitness business owners/personal trainers in my area. I spent the first 7 months of my career being mentored by him and the last year and a half building up my own fitness business.
The last 2 years of my life have been a rapid fire blur. I am proud to say that every month my own personal fitness business has been growing and as of now, I have someone running half of my operation for me while I undertake my next fitness business projects.
I'm fortunate enough to say I am happy with my career choice thus far. I love business building/marketing aspect of fitness and I like the actual personal training/athletic training and working with clients.
Anyway, I hope that wasn't too long. Here's the financial bit.
Currently I have 25k in assets invested evenly amongst:
The Growth Fund of America
The Bond Fund of America
And through First Investors,
Blue Chip Fund
Global Fund
International Fund
Opportunity Fund
Special Situation Fund
Additionally, I have maxed out my ROTH IRA for the 2009 and 2010 year.
I prefer very low maintenance living. I am a minimalist at heart. I live like I'm still in college but I don't deprive myself entirely.
As of now, 20% of my income (Income will be 95k by the end of 2010. Income was 32k in 2009) covers all of my living expenses. I continue to live as if I was making as much money as I did in 2009.
My goal with investing is for the sense of security and confidence. I have no intention of children. I do not want a large home, I do want to get married.
Instead of retiring, I want to reach a point where I can work one month, then take 2 weeks off to travel/vacation and not worry about money at all. So I'd wind up working 7.5 months out of the year.
Besides those mutual funds and my bond fund, is there anything else I should be considering? I'm new to investing. I've just been a disciplined saver.
Is the even distribution of my income amongst the investments ok? Or should I be feeding one more than another.
Any other advice will be greatly appreciated!
Thanks,
Doug Corbett