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Hello! Thanks for the answer, I liked how you approached the problem. The issue is that I cannot focus on a single project. > If you work 40 hours a week, 50 w
by ratsimihah 8y ago
Hello! Thanks for the answer, I liked how you approached the problem. The issue is that I cannot focus on a single project.
> If you work 40 hours a week, 50 weeks of the year for five years that equals 10,000 hours. So if you can learn a skill that increases your hourly wage by $1 you will have met your goal.
I have a steady 9-6 job as a React Native developer, where I keep learning and growing and can apply my knowledge to front-end React as well
> or spend it on teaching yourself a skill that will translate into a higher income.
I've just invested in a yoga teacher training and started teaching yoga classes, so some of my time goes there
> Start a side hustle if you want
I'm building http://music.hatharaja.com http://music.hatharaja.com and http://spotifyxgenius.now.sh http://spotifyxgenius.now.sh in my spare time, making yoga websites for my friends (for free), and building a model to recognize yoga poses.
> Since the amount of money you're dealing with is fairly small, I would suggest putting your energy into a single project instead of multiple ideas.
I really want to start learning about 3d modelling and product design (inspired by https://www.instagram.com/dobu.haishen/ https://www.instagram.com/dobu.haishen/ https://www.instagram.com/blankwilliamnyc/ https://www.instagram.com/blankwilliamnyc/)
I'm also learning machine learning.
The Snowball book about Warren Buffet also advises focussing on one thing, which I wish I could do. Anyway, my point is that my time is already diversely invested, which is why I am also looking at some more passive forms of investment. People have been suggesting ETFs as "safe" long-term investments, which I'm looking into. Maybe I can use 50% of my investment capital to build some products after I've learnt 3d modelling and then invest the rest in ETFs.