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Saturday, December 04, 2004

You can’t keep a good idea down, or to yourself.
I tell everyone this is my year of greed.
If I know them, and like them, I tell them I’m building an empire. I want to be accountable.
Sincerely telling people cements my commitment to myself. People will be watching me to see if, and how I do it. Sort of like a declaring your love in a commitment ceremony. People will ask “How’s your Wife? Husband? Lover?” or “How’s being married treating you, so far?” They check in on what you committed to. That’s a blessing and an obligation. Your integrity is exposed and you are vulnerable. But it binds your actions to your ideals.

DIY REIT
My group is meeting weekly. It looks like we’re leaning toward a REIT, Real Estate Investment Trust. I have to do some homework and read up on how we have to set it up so that things can be equitable for all parties concerned.

We’re going to buy a small property first. Learn what we need on how to handle the research, purchase, revenues and expenses on one property together.

Then we’re going to roll the returns from that property into a bigger property, and so on.

Some Xmas stocking up
This month is Stock investment month for me. I’m reading on stock investment. I’ll use the National Association of Investors Corporation (NAIC) , www.better-investing.org, study program. I’ve been an inactive member for enough years that if I were active I would have a great nest egg by now. Another lesson learned.
NAIC also offer a Low Cost Investment Plan , www.better-investing.org/about/lowcost, that I’m going to enroll in this weekend.

I got a trail subscription of the Investors Business Daily, www.investors.com, too. They offer lots of investment strategy tutorials and research information. At first glance, they’re research system looks simple and doable, but I won’t know for sure until I test-drive it.

I’m going to get a one-year subscription for my year of greed.

Gig and Bare it
The contract I’m working on will be ending in February. I’ll be sending out my resume this month and checking the job listings to see if I can find either a long-term contract, or a full-time position. It’s easier to pull off empire building when you have steady income flow. I will schedule time daily to job seeking and resume distribution. The goal is to have something confirmed by the end of January.

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