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A quarter century

Today was my birthday, so I felt it appropriate to map out some future finances.

3/21/2010: Six months at this job allows me to state that I have six months of commercial lab experience on my resume. Begin applying for different, better paying jobs.

9/23/2010: At current wage, I will have paid off all my loans and be in the black on this paycheck date. Will come sooner if I get a better-paying job.

12/31/2010: By this date I should have $2,000 invested in the stock market.

3/5/2011: By this date I should have a net worth of at least $10,000 and a better job.

Mid-2013: Next stock market bust should occur within a year of this point in time. By this point, net worth should be over $100,000. Once bust begins, bet against vulnerable players.

3/5/2015: Assuming I can cheap out as well as I have been for the last six months, I should have enough to buy a house outright. However, if I can I will instead take advantage of the bust to invest back into the stock market and reap the rewards.

So, pretty rosy future, assuming I manage to be frugal. Of course, if I find another Sirius Radio circa January 2003...

But can I? http://www.google.com/finance?q=NYSE:FRE Perhaps. The trick is to buy low and sell high, as they say, and the key to that is to find something which is undervalued. Banks all took a big hit, but the trouble is that banks are a rather dangerous investment, as some may well still go under (unlikely for Freddie, but it may not go up all that fast either). There are other options out there as well, and I'll be looking for them.

The stock market is a gamble, of course, but very different from other forms of betting because there are far more cards on the table.

A rather odd thing to think about on your birthday for some people, but why not? Fabulous wealth is but step one on my path to world domination.

Now back to your regularly scheduled programming.