Haven't posted in here at all lately but that's really because there hasn't been a whole lot to talk about with regard to poker. The past few months have been pretty dismal with a low amount of hands and I have generally just been breaking even from month to month. Last month I put in a decent effort to log some hands and managed about 20k which I'm somewhat proud of. My new job has officially begun so now I'm in the office just about every day putting in close to 40 hours every week. Add in the fact that I spend all of my weekends with Ashley and I go to the gym or play tennis just about every day after work, it leaves very little time to play poker.
However, I'm hoping this will change. I now make a little more money with my full-time status and I'm hoping I'll be able to save a little bit each month after paying rent and bills. So I've been thinking that I'm going to need a new car soon. The one I have now is a 1998 Mitsubishi eclipse spyder GS. It has about 90k miles on and generally rides pretty rough. It's also never pleasant when I come back to my car after leaving it out in the rain to sit in a puddle that has a accumulated on my drivers seat because the convertible top leaks. I've looked up the blue book value of the car and it comes out to around 2.2k. I have a savings account my father started for me when I was a freshman in college which is now at about 4.5k. I estimated that with my new job I'll have ideally 7k in my savings account by the end of June. So:
2.2k + 4.5k + 7k = $13.7k base car fund.
This is what I will ideally have, before poker, to put down on a car. I want to purchase this car cash and have no payments. Given what I think I can afford, and the quality of car I wish to have, I will probably looking to spend somewhere in the range of 15k-20k. This means I will have to take a substantial withdrawal from my poker BR. Right now my BR stands at about 13k, I'm thinking I'm going to need to w/d at least 5k but probably not more than say 10k. The amount of money I take out will probably depend on the current size of my BR at the time. So the better I do over the next 4 months in poker, will have a large effect on how nice of a car I will own for the next 8+ years. My goal is to put in 30k hands per month through the next 4 months. I really hate making monetary goals because all you can do is put in the hands and live with the results... but if I could average $1.5k per month with rakeback, I would be a happy man for the next 8+ years.
Tuesday, March 9, 2010
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