Your back being against the wall is a very bad reason to try to reinvent yourself as an investor.
People who make a living by investing either start off with large amounts of capital, a healthy margin on other people's capital because of their assumed knowledge and work ethic, or by lucking out on their friend's business venture they pumped pocket money into growing big fast. I don't think many people got successful investing out of desperation.
On the plus side, if you're earning 180k a year, you can acquire the ability to not need to continue to work in your current job - assuming this is your current motivation - far more easily by cutting your living costs and investing simply and passively.
The difference between 8% and 12% return on your savings entails a lot of investment skill and luck; the difference between spending $20k per month and $10k per month not so much.
People who make a living by investing either start off with large amounts of capital, a healthy margin on other people's capital because of their assumed knowledge and work ethic, or by lucking out on their friend's business venture they pumped pocket money into growing big fast. I don't think many people got successful investing out of desperation.
On the plus side, if you're earning 180k a year, you can acquire the ability to not need to continue to work in your current job - assuming this is your current motivation - far more easily by cutting your living costs and investing simply and passively.
The difference between 8% and 12% return on your savings entails a lot of investment skill and luck; the difference between spending $20k per month and $10k per month not so much.