nolanhergert89
The only potential upside for me is the benefit of tax-loss-harvesting, since I do my own investing and stay in standard ETF index funds. I thought TLH was only relevant for the $3K limit for income deductions, but after reading Frec's great pages [1] [2], I see that it makes a lot of sense when you have a large capital gain in your future like a house or a diversifying stock sale that you want to accumulate losses for. They also answer a number of topics mentioned in the comments here and others not mentioned.
There's a good chance I will end up investing with you, but only with new income. It's not worth liquidating my current capital gains! I can also ensure I don't have cross-account wash sales by keeping my other assets strictly in ETFs or just don't sell anything.
I too hope that you will last long enough to make money in the other ways you are planning. Good luck!
[1] https://frec.com/tax-loss-harvesting [2] https://frec.com/resources/blog/direct-indexing-handbook
The stressful steps required to take it to the finish line (product someone can buy on amazon) is demotivating though, if I'm being honest, especially compared to the pretty fun and well-paid job I currently have! Many of the typical motivators like money, prestige, etc don't work for me, I just want to invent useful stuff and to a lesser extent, have it help someone. Planning on iterating on prototypes and keeping the stakes low. Any other motivation advice?
I wasn't a marketing person, but I was on the engineering side.
More notes and code here: http://nhergert.ozeo.org/doku.php?id=projects:remoteppg