I have NFI what forum on 2+2 this belongs in, but I thought I would post it in BBV4L which is basically my home, mods can feel free to move it to wherever they feel it is more appropriate

Ok, so basically I have found myself in a position where I can almost retire at the age of 23 (almost 24 and I feel old) years of age.
Basically what my plan is, is to become a semi retired poker player in the next few months (around christmas).

I have a pretty good mixture of liquid and non-liquid assets and I also have a lot of ways I can get quick money should I ever find myself in trouble.
I am massively over rolled for the poker limits that I play (2/4 NL is my standard but I bumhunt up to 25/50 NL).

The following are the liquid and non-liquid assets I have, bearing in mind my (and my girlfriends) intentions are to move overseas early next year, probably will be living in London but will spend maybe 50% time there and the other 50% travelling around Europe, Asia, USA.

$13k in my bank account
~$7.5m apartment
~$500k apartment
~$700k apartment
$25k term deposit
$243k shares
$80k USD in my Full Tilt account (~123k aud)
$15k USD in my partypoker account (~22k aud)
Lotus Elise SC worth about $100k (will either sell or put into storage before going o/s)
Ducati 1098 worth about $30k (will either sell or put into storage before going o/s)

$6k currently owing on my amex
$2k currently owing on my visa
$77k currently owing on my mortgage/overdraft/need urgent monies account (I can virtually draw unlimited funds from this account should I need it)

So basically the plan is, to pay my day to day living expenses by playing poker, I now have over 3 million hands (including about 150k hands of 2/4 NL and about 50k hands of high stakes 5/10+) with a 5.7ptbb/100 winrate and I hope to put a lot more time into poker once I quit my job, will basically play 1 or 2 live sessions per week but my main poker sessions will be 4-5 4 hour sessions (sometimes more time permitting) playing 6-8 tables of 2/4 and 3-4 tables of 5/10 & 10/20+ depending on how the tables are looking.

I will also continue to do bits and pieces of work when it comes up, like 1 to 2 month contract type jobs and I will also be keeping my mind active by continuing to trade shares, post news articles on pfo, maybe coach 1 or 2 ssnl players and maybe even try to get some economics articles published.

That is my basic plan/mind vomit into the form of a forum thread, any thoughts/advice would be greatly appreciated and if I missed something let me know and I will post an answer

[edit] forgot to add that I will be selling my Melbourne apartment (hopefully get 500k) which will pay what I do owe on my credit cards/overdraft account and leave me with about 400k in the bank to reinvest in shares & spend on caprioska's by the pool in Bali
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Did I read right that you had a 7.5M apartment?
quit your job a long time ago imho

yeah in south perth on the river

teach me

I don't believe you.

can I be your pool boy? seriously I'll do it cheap.

SERUIOUSLY::::WTF 7.5M!!!! apartment

plz adopt me

visit Hamburg if u come to germany

So you own something you can sell for 7 million and are trying to strategize a retirement plan? Sell it, retire. Ez plan!

I most certainly will, I have family in germany

Ok Gayo

Selling my place in South Perth is out of the question, I am going to go back and live there eventually

kool. tell me when u arrive so i can rob u.

You expect us to believe you have an apartment that is worth seven million, five hundred thousand US dollars? OK.

If this is serious, I would retire tomorrow.


So many ****ing assets you could ALWAYS borrow against if you get stuck

gg

THATS NOT THE WAY TO GET AHEAD IN LIFE

fwiw, I think "FRUIT SALAD!" was a brilliant addition to the pole.

Kudos, OP, kudos.

Holy **** dude, that's $9 million+ in assets. Why were you ever working?

no, 7.5 million Australian Dollars which according to Oanda.com is $5,147,250USD at the moment

seriously...pool boy...consider it.

[x]came

ban