TankCommander
Confused about dryer sheets
- Joined
- Jun 21, 2008
- Messages
- 6
Hello everyone!
Tomcat98 recommended this forum as a way to generate new ideas on the many thoughts, ideas and methodologies everyone here used or is using to achieve their retirement goals.
I recently turned 44 and retired from the Army in 2003. After retirement, I earned a Bachelor of Science in Business & Management using voc rehab (I’m 50% disabled) and recently finished my MBA using student loans. I'm married with 3 children; my oldest and middle sons are both freshmen in community college with aspirations of becoming an Oral Surgeon and an Engineer. My youngest daughter will be a senior in high school this year and desires to become an MD (Pediatrician). Needless to say, a retired E-6 fresh out of college will not be able to help his kids very much with college. We were for most of my career, struggling to make ends meet until my wife and I decided our kids were old enough for her to begin working and contribute a second income to the household. In doing so, we were finally able to afford a house instead of renting or living on post.
Currently, we are investing in the FOREX market using expert advisors on the Metatrader 4 platform which earns approx. $150 a week (and growing) on a $5K investment in the EURUSD market. In the next few months, I intend on adding another $5K in the USDJPN market (after testing this market) and turn them both loose. It is my hope that after some time (2-3 years), this investment should begin to grow exponentially. Add to this my wife’s max contributions to her 401K is all we have.
Besides my house and student loan, I have very little credit card debt with a preference towards paying cash for everything (rewards credit card payed off monthly). My cars are paid for…one cannot beat a paid for car and intend on driving them both at least another 2-4 years with a new car phase in for my wife to replace her van and a rebuild on my sport car. I'm co-signed on two loans for my boys to help them establish credit as well as help them learn how to manage money instead of the national trend of trying to live like our parents and in doing so, incur huge credit liability.
My primary concern is with the injuries I sustained in the military (low back and neck), I fear that I only have another 4-8 years of being able to work. In order to walk and just generally function without pain, I have to take narcotics several times a day. As such, I have to create whatever opportunities I can right now that will have the capability of sustaining us indefinitely and am not afraid to use leverage to achieve this as long as I can mitigate risk. So my goal is not to retire early with the intent of enjoying life, but more as a means to generate income when I can no longer work.
I look forward to reading the many conversations on investment philosophies in order to generate ideas to add to my beginning investment portfolio.
Best regards,
Terry L. Robinson
Tomcat98 recommended this forum as a way to generate new ideas on the many thoughts, ideas and methodologies everyone here used or is using to achieve their retirement goals.
I recently turned 44 and retired from the Army in 2003. After retirement, I earned a Bachelor of Science in Business & Management using voc rehab (I’m 50% disabled) and recently finished my MBA using student loans. I'm married with 3 children; my oldest and middle sons are both freshmen in community college with aspirations of becoming an Oral Surgeon and an Engineer. My youngest daughter will be a senior in high school this year and desires to become an MD (Pediatrician). Needless to say, a retired E-6 fresh out of college will not be able to help his kids very much with college. We were for most of my career, struggling to make ends meet until my wife and I decided our kids were old enough for her to begin working and contribute a second income to the household. In doing so, we were finally able to afford a house instead of renting or living on post.
Currently, we are investing in the FOREX market using expert advisors on the Metatrader 4 platform which earns approx. $150 a week (and growing) on a $5K investment in the EURUSD market. In the next few months, I intend on adding another $5K in the USDJPN market (after testing this market) and turn them both loose. It is my hope that after some time (2-3 years), this investment should begin to grow exponentially. Add to this my wife’s max contributions to her 401K is all we have.
Besides my house and student loan, I have very little credit card debt with a preference towards paying cash for everything (rewards credit card payed off monthly). My cars are paid for…one cannot beat a paid for car and intend on driving them both at least another 2-4 years with a new car phase in for my wife to replace her van and a rebuild on my sport car. I'm co-signed on two loans for my boys to help them establish credit as well as help them learn how to manage money instead of the national trend of trying to live like our parents and in doing so, incur huge credit liability.
My primary concern is with the injuries I sustained in the military (low back and neck), I fear that I only have another 4-8 years of being able to work. In order to walk and just generally function without pain, I have to take narcotics several times a day. As such, I have to create whatever opportunities I can right now that will have the capability of sustaining us indefinitely and am not afraid to use leverage to achieve this as long as I can mitigate risk. So my goal is not to retire early with the intent of enjoying life, but more as a means to generate income when I can no longer work.
I look forward to reading the many conversations on investment philosophies in order to generate ideas to add to my beginning investment portfolio.
Best regards,
Terry L. Robinson