Comment by taesu
If I was in that position with high NW, I'd quit and invest for a living (trend trade, not day trade)
If I was in that position with high NW, I'd quit and invest for a living (trend trade, not day trade)
Just start investing everything you own. You'll learn and be taught everything you need to know. You don't even need to quit your job (in fact I believe having a job helps you invest better: and most investing doesn't need to be full-time).
If you want to learn faster, use leverage.
Being an investor is a dream for many. I would advise against it if you're hunting status (visible wealth, being a VC or angel). Motivations are deceiving - use good friends to help you discover why you want to do something. Status chasing is often a hidden reason, even from ourselves. There's much more efficient ways to chase status. Most people are very poor at optimizing their choices to get status!
I thought I would like to be an investor but it turns out to be boring antisocial work.
Some friends I know who have become investors appear to like gambling - they're not people doing careful risk analysis. They're renting while betting a house worths of money - which seems to be working for them! Investing while having a mortgage is risky debt leveraged investment in New Zealand (but perhaps sensible in the US). One friend lied to investors and is in jail for it: learn the value of time & freedom.
Btw what do you tell people you do if that’s your livelihood?