December 2006
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Reflecting on 2006

I was determined in 2006 to learn from the mistakes of 2005.   To a degree I did but I did make a handful of similar mistakes which cost me a lot of money.   I have made a decent profit this year but not enough to say that I have graduated to becoming a pro.   Around the middle of the year it looks as if I would but 3 bad months after 2 moderate months meant the year dropped off.

On a positive note I have managed my time extremely affectively. This has allowed me to increase my portfolio of systems without increasing the amount of time racing takes.  I allow myself a maximum of 15 minutes a day in premium time.  I have learnt to enjoy the accounting side of the betting.  The daily accounts keep me honest and cheer me up when I had a losing day and level me out when I have had a good day. 

I have a massive and challenging project at work that should keep me busy for most of the year assuming they decide not to get rid of me which is a possibility with new owners.  If this happened then I would more than likely go consulting and do the gambling full time.   I do really love my job at lmn and now that I have had a week off and relaxed I am ready to make things happen in 2007.

I have many personal objectives for 2007 these include:-

Increasing my fitness and losing some weight again
Working on my social skills
Working on buying properly in the buy to let market
Working on increasing the commission I receive from affiliates schemes

Instead of a 2 year plan that I normally make I have made a 1 year plan.   The plan is to reach financial freedom by the end of the year.  By this I mean my passive income is greater than my expenses.  Then I can truly make the decision on what to do next.

It is going to be fantastic year.  It is going to be very stressful and I am going to hard work longer and harder.

Thanks for all the support and keep checking back for updates on my progress in 2007.

2 Responses to “Reflecting on 2006”

  1. Ray says:

    Happy New Year and well done on a successfull year. Good Luck with the New Year.
    Ray

  2. The Gambler says:

    All the best for 2007.

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