You have touched a hornet nest, anyone who reads your post will jump to opine. I guess answer lies in the words you have written. See through one eye what you have written.
- Only 2 reasons for objectives and 13 other reasons, where is your heart lying?
- The question is equity investing as full time career? Career definition is occupation undertaken for a significant period of a person's life and with opportunities for progress. Equity investment is buying and selling of shares for capital gains and dividend. Are you ready to spend your life time buying and selling shares? I am pretty sure you want to do much more. What type of investing you want to do- value, growth, speculation? These are the kind of questions we need to ask ourselves. Once you know you want to do value investing your career will be centred around information gathering, meeting like minded people, meeting management etc. Money is there in all forms of investing, it's efforts, skills and similar stuffs unlock wealth.
- Even capital becomes a problem with a low or mild start wealth is made over a period. All biggies have started with their backs to wall.
- CAGR, portfolio , big wealth doesn't play any role in career. Will you change to another job only after reaching 1 Cr? No, right? So why one need 10-100 Cr to become investor? You can very well make money even with small capital as you keep moving, all big investors started with same.
- Big money and portfolio is financial freedom and security, it's an eventual outcome of skills and efforts. With your powerhouse qualifications and hard work you can be well off in what you are currently doing. Isn't it?
- It's going to be treacherous and gut wrenching when you move from one position of wealth chain to other more towards upper quartile like entrepreneurs and investor where risks are higher. You can stay one quartile like employee and still become investor, there are plenty of examples here.
The only pertinent question should be amount of capital and period of capital infusion required to stand successful as investor. If your expenses is 6 lacs per annum, that's around 15% return on investment. One need to withdraw capital when required when we are playing alone.
By end of 2007 I was sitting pretty well to come out of job, accidentally I withdrew capital to buy a flat and landed up in overdrawing from portfolio. That worked, actually was blessing in disguise as market corrected heavily, so by 2012 I should have gone out completely. Did I? No because my financial freedom numbers kept rising. The basic problem was my definition of becoming investor put the money and enjoy in life. That's not career.
Today I extract my expenses from trading, it's not easy. But I am fighting for it, a target of 36% return per annum minimum. When you are stretched you will find a solution for sure. And in the worst case if portfolio collapse and we become bankrupt then what? We are reasonably experienced and qualified , we will go back to jobs. Obviously we will loose experience, positioning in hierarchy and compensation but we will survive.
But isn't a trade off we have decided to take? Only and only when you know even 24hrs is short in the career you choose!