Well... its Armageddon Eve, I hope you packed for the apocalypse. I seriously have no idea what to expect when the final result is in. I am shocked and mortified that this is even close. I cannot for the life of me understand what people see in Trump that makes them want to give him the keys to this castle for four more years. However, they are not asking me for my opinion. So I will just roll with the punches.
Good luck to all of us. May the odds be in your favor.
- Eric
I am a week and a half into the new job, which means I am still warming up. I am trying to enjoy the warm up this time around, but I wouldn't mind if I get some projects dumped in my lap.
I checked on the LLC from the last post, and it looks like I should have the legal paperwork by Thanksgiving. I will "fund" the LLC in January. I guess the biggest question that I have is when I fund the LLC, can I write that investment off of my taxes? I know I would need to start doing a return for the LLC, which is why I am waiting till January... give me one more year to learn about how all these taxes work.
So... I guess the next big thing is to map out my November workout. I am going to "try" something for November and December. I am going to try to do a periodization workout where I spend week one in a cutting or cardio phase and week two in a lifting or bulking phase and then switch back. Alternating throughout the two months.
I will weigh myself on November 1 and again on December 31. I will take my picture (shirtless) on each day and do a before and after. I think I can do this. I am interested in how this all might work.
Well... that seems like enough for today.
Thanks,
- E
So... I registered for an LLC name yesterday. I just picked the nice and simple Stary LLC. I, of course, added the domain at staryllc.com and even went so far to as to add the basic Google business package so I can get an e-mail address.
I was walking around the neighborhood after work and I saw my neighbor working on his car. He is rebuilding a car. Another neighbor just did the same thing. Both of them had so much passion for their work. I don't have a hobby. I mean I exercise and I golf, but neither of them are really a hobby. I exercise to be healthy and I have made it a core of my life. I really don't have anything else that I do, just for the joy of doing it. I have to compound this with two facts: 1) I don't really have a passion about anything. 2) I don't really have any friends to have a hobby with.
So what do I do...
Well... I like to make money. I like to look at things to make money with. That should be my hobby. I can't think of a better way to spend my morning, evenings, and weekends that sitting in my office having a coffee or a beer and looking up ways to invest. So... that is what I shall do.
Why the LLC?
Well, I thought I should find a way to protect myself in case I invest in something that goes sideways. I am going to invest in a movie this spring. I have already discussed it with the director, and I wanted to protect my personal wealth (what little there is) in the event that I need to. So, I whipped up an LLC. I can pay the LLC with starter funds and then manage these investments efforts out of the LLC.
I will get to learn how to run a business and I will get to have a hobby... win - win.
I already have a suite of domains, so I will spend my weekends getting those up off the ground. I have some planned investments to make in art, movies, collectibles, and other non-market stuff. I will expand this to real estate once I have enough to do so. It would be great if this hobby can become my next career as I move on down the road.
OK. That's enough for today.
Thanks,
- E
