
Changing Careers, changing products? Age 38, Direction needed, investment advice too.
Hello,
At one point in my life I had a set plan that I had been following in which to design a life that fit my values, but during 2020 the viability was called into question and I have been on bad footing, unable to find stability, since. Though I currently have stable housing without roommate, and enough in savings for a year without any income and three more years in a mutual fund. The question I need help with is about utilizing approximately $40,000 that I would like to invest into a new or existing business venture, or possibly start investing my own hand in selecting stocks.
To give context about the parameters of concepts that pertain to me, back in 2005 I graduated highschool and immediately was an entrepreneur, started a sports clothing company, was selling WoW bot accounts, ghillie suits on ebay, and graphic design commissions, and I was proficient in MX Flash. Although the first part of my life plan to start farming three years before 2012 for what I thought would be a peak oil economic collapse, and while watching 2008 unfold, along with my career in MX Flash falling flat, I started farming 2009.
From that point I spent a total of 15 years farming, the majority of that was for my own LLC, where I was situated with leases on million dollar properties as Ag tax write off, on an elite island outside a major city, serving local high price wholesale, mainly salad mix and mushrooms, because they are fast turn around.
That was truly the best 20s I could have asked for, working mainly for myself, very healthy and was putting away $10-20k in savings/investments per year, plus was earning about $3-5k more per year, while living in a cargo trailer on dirt cheap leases. But it all came to a slow end starting in 2020 when I lost all of my wholesale overnight, and my retail exploded, which burnt me out to the point I couldnt walk, as the sole worker in my LLC. So I do not fully trust the volatility of the wholesale food industry, from a small grower’s perspective, since i don't own land.
SO now I am trying to figure out a way forward, because I can always farm in the future, and have taught myself hydroponics, and flat packed farm equipment, so my business is very agile and now I can grow in parking lots closer to the city for more sales opportunities, but I am not sure that is what I want to do in this current moment, because tech is exploding, and we have never had so much information available to us, it's a shame not to spend a moment in life to discover what new opportunities might be out there.
I was laid off twice last year, so I've been out of work the past four months, doing thriftstore routes twice a week while making about $500+/wk, really just trying to understand what people still buy and break even, while I continue to study 3d design blender, as well as 2d digital art in the hopes that I can reconnect with my tech art past, because that is what I told myself when I was 18, that I would put off art and computers until I was past 30 and needed to do less with my body. But over the past three years, the better I get at digital art, the better Ai has been getting too. I have some mentors who might give me work and a foot in the door, but most of them are laid off, and scrounging for work if they are not on their own funded indie project.
I've thought about continuing to learn 3d modeling despite Ai, and despite seeing Flash, computer program I was proficient in get removed from existence before I could really earn my money back. I assume there will always be a need for Ai models to get cleaned up, mapped and rigged, especially with AR technology coming to consumers soon, but more over it would help if I decided to go to a community college to do CNC certificates, so I can have that as a backup job on CAD at a machining warehouse and do my farm and digital art on the side, but CNC mechanics don't make a crazy amount of money and have a boss. BUT I am an inventor, and have two inventions so far, plus my ultimate goal is to one day have automated hydroponic greenhouses, using all CNC+3d printed parts to create a low time investment agriculture income, with Ai monitored greenhouse, seed to salad product that i can sell to other people, which would tie into my desire to teach people about farming too, as well as do something I enjoy, but it is not a proven concept yet.
Anyways if you've read this far I appreciate it, I ultimately would like 3rd party feedback about how I should spend my $40k surplus cash. I originally had it saved and accessible in case I was going to lease land and start my full farm business again from scratch, but I think using the equipment and space I have, and exploring non-perishable products is a smart move for me right now. Should I invest in inventory of products to arbitrage online? Should I invest in the top index funds? Should I buy Silver? Should I invest in inventory of a new product line? Should I spend some money insuring and equipment for a landscaping company?
I want to future proof myself the best I can as Ai unfolds, I am pretty set with an income for the rest of my life as long as I can grow food and sell it, but there are currently so many changing opportunities, I want to cast out my net and see what works with my temperment. I’ve thought about getting into cyber security, or maybe be an electrician, or less staple jobs like Landscape Architech (can use art/modeling) and CNC engineer/modeler, but honestly I prefer to make a product and sell it without client service related interaction, and particularly no boss. Thank you for reading
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