26y/o in the US now. Have been managing a farm for 5 years. Close to getting a greencard and not being locked to working for this company. Right now I have good pay. Crazy hours. Close to 200k salary. 100hrs/week, but getting tired of the job. Not sure why, but just not happy. Tired of having to deal with lazy old people that I can't fire because they have been here forever, tired of not being allowed to hire young, good workers from upper mngmt, tired of all their bs rules, tired of doing crazy hours and not spending time with my wife and kids because of all this... I just don't see this continue for a lot longer. Extras done besides my work in the past years: After China cracked down on bitcoin mining, bought a bunch of their miners and started them up at a low power cost till I could get some good money for them.. Ended up buying and selling miners for a while and running miners while I wait for them to be sold. Not as profitable as it used to be anymore. Yield farming and a lot more crazy decentralized finance stuff. Short selling stocks on leverage with mirror to get 20% interested x leverage on stablecoins and buying the shorted stocks on the side on leverage. High return with close to no risk since I bought insurance fir most of it in defi. Betting with positive expected returns (eg betting 150k in crypto Biden would win presidency @x3 odds while his chances according to bookmakers where 60%)... I always find something else/better to do every year, equity 2M grown from 5k in 5 years by working crazy hours and investing money wisely. I like this stuff, but it's so insecure (who knows how long things will be this profitable, who knows I'll keep finding these opportunities?) and it's nothing full time, at least it has never been for me. Also as a side note. I'm pretty good in math (got pretty far in math Olympics in highschool) and logic, I'm creative in finding solutions and can be extremely motivated and get things done. Learned a lot of people skills managing an army of employees here, but I don't like managing people. That's another reason I'm starting to look elsewhere (I might long term be fine with less people) Clearly looking to eventually quit and do something new, I can bond with my family for a bit since money is no issue, but eventually will be bored and will need something to do. have been looking into coding, I seem to like that stuff (at least for now, spend like 100hrs on learning the very basics), maybe ending up working for some tech company or doing something with it in the ag industry. but not 100% sure it's the path I should take. Have been thinking of starting our own business, but we don't ever seem to figure out what exactly. I could decide what to do after quitting but I prefer starting to prepare things/start learning things for what our future will be. any advice for me? Any new ideas? Doing financially good, but my brain is almost exploding not knowing what to do. I'm trying to figure out my goal for myself.
When I first started reading this I thought you were managing an actual farm with like crops and stuff.
I do
Oh hah, thought it was like a server farm for bit coin mining or something
You have 2m but your worry is it isn’t secure? Well maybe stop doing leveraged short sales and crypto bets and just let the broad market work for you?? Crazy thought I know.
Selling 4 mil and buying 4 mil of spy. 4 mil aust makes 60k a month. 55k after insurance. Less risky than just buying spy. Rates in anchor are going down though. I doubt this is a strategy for many years. Depending on it is thus risky. I'll need to find something else once in a while
When society collapses farmers will be on top
I’ve been working on a tool to help with this problem. Checkout mutoapp.com. The idea being that if you want to move into a career in tech from a non tech role, the app tells you what skills you need, suggests online courses for skills you don’t have and even pairs you up with a mentor. Check it out. DM me if you have questions
Derivs or algo trading??
Quant? If so, any advice how to get there?