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Well, it’s been just over 9 months since I’ve done anything for a career. At the moment I’m just stuck as to what I plan on doing in the future. Some of the options I’m considering:

Investing

My top choice really, even though I don’t have much experience in it. There are a couple of investments that I’ve been looking at which seem pretty good as a source of income. One is investing in EPSI Canada, which does processing of Interac, cashback and Mastercard (basically swiped transactions). The investor gets to purchase the terminals, and they do all the maintenance, as well as guarantee a minimum number of transactions per month (24% ROI per year – which is written in contract). I’m currently looking at the contract agreement, trying to find a lawyer to view it and trying to call the references that they’ve provided. It seems a pretty good deal if I can get a steady income from this while in Indonesia, so I can concentrate on doing something else.

The other investment opportunity which has come up is a company in Indonesia where one of my friends works and has shares. He’s offered me to invest in a new spin-off of the company or the current parent company where his investment has grown 750% within the last 5 years.

The issue with these 2 of course is the capital, I’ll need quite a bit of money to invest on these, which means we won’t be able to buy a house in Indo for now. One solution I’m thinking of is getting a secured line of credit from a bank and use it for the investment. We’ll see how that goes since getting a secured line of credit doesn’t seem so easy after all.

Back to the workforce

My second option of course is the easiest, whether here in Canada or back in Indonesia. Back to doing development, systems analysis, programming, database etc. The problem with this is that I’m not sure I really enjoy it anymore and I’m 9 months behind on technology anyway. Going back to this means I have to find some specific niche that I truly enjoy such as Web Development or I”m just gonna find it dragging away again. Doing this in Indo also means mediocre pay and hardly worth the effort.

This was a subject that I had interest in awhile back: Project Management. Being involved in projects (specifically IT ones), dealing with people most of the time, new technologies, managing and yet not having to get down to the nitty-gritty stuff sounds like quite an enjoyable thing to do. Of course the stumbling block is that I don’t have the experience nor certification to get started in the field.

Work from home

Something I’m really serious on, especially if the investment in point 1 above can produce enough income. The 2 main culprits being online day/swing trading and playing poker professionally.

I’ve tried online day/swing trading with limited success (well, almost no success in financial terms ), and yet I keep thinking that if I persist in studying all the variables, charts, patterns et.all , I’ll be really good at this. During the times I traded with full concentration and no distractions, I managed to gain good profit. But since there was only a short period of time in a day I could do this (no more than 30 minutes, due to a toddler rampaging the house and a newborn asking for attention ), I tended to get sloppy and made transactions without fully analyzing it, hence lots of losing transactions. Tighter money management and better analysis would probably be necessary for me to be successful here.

Playing professional poker is more an indulgence than anything else. I do enjoy watching those people play on TV, and it seems like fun trying to get in the other person’s head, figuring out what they’re thinking and what they’re gonna do. I haven’t played with real money yet, just play money in Sit & Go’s and online games, enjoying winning quite a bit with (probably) inferior competition. I dunno what it’ll be like playing with professional players, but I sure would like to give it a shot if I get the chance :).

Well, all these options are just confusing the heck out of me. They all have their plus and minuses, and yet none that has a significant edge over the others. So right now, I’m just trying to figure out if I can spring enough money for the investment options, as that seems the best route, after that then maybe I can make a decision on what’s best to do.

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