Been doing some soul searching lately. Recent developments have my kids moving 3+ hours away. I'll spare you all the whole ex-wife drama bullshit, but it was not a pretty divorce. Anyway, I'm now at a cross roads. Don't worry, I'm not polling for advice here, it's a no brainer for me: Sell the businesses and be closer to my kids.
Fortunately, I'm in a good position to do that. I have enough passive income from my investment properties to meet the bare expenses. I can still cherry pick some of the loan referrals I get and pass on the one's I don't want to deal with. I also have considerable savings, plus what I'll get from "cashing in". So the money thing is not an issue for me.
So the way I see it, there will always be opportunities in business. I know how to do that and can do it anytime I want to, but I have a very finite window of time to be a good father to my kids. Having grown up with an "absent dad", I know all too well the consequences of that and I am NOT going to allow that to happen with my kids. I have plenty of money (both of their college is paid for already and then some), so to consider just making more would be just selfish (IMHO). Besides, if the market eventually improves, it'll be a much better environment to make money in anyway. If it doesn't, then I won't be stressed as it tanks (and the commercial Real Estate crash is right around the corner, so who knows how the market will react to that).
So here's the plan: live a STRESS FREE existence. Have the time and energy to make the commute several days a week to spend Quality time with the kids. Work out, eat and get HUGE (lol). Maybe bartend a few nights a week for fun and some easy money (and easy pussy - lol). This would also be a good time to do something I've ALWAYS wanted to do: get a college degree (I probably won't do that right away, but I'm considering it).
So there you have it - I'm cashing in and gonna take it easy for a few years. I've earned it and my kids deserve it.
That's the plan, man.