Friday, June 24, 2005

Opportunity cost

In 13 weeks, I've made about $4,200 less playing poker than I would have earned from the job I quit. That extrapolates to a $17,000 annual paycut. The benefits aren't as good either, but what can you expect from flexible part-time work?

If you add back the 2 weeks vacation I got paid out, and consider the expenses I'm saving on commuting and lunches out in Bethesda, the financial difference looks much better. Plus I got a nice tax refund this year, so with that buffer I haven't really felt any pains in the wallet at all.

As a return on that $4,200 investment, I honestly expect my earn rate over the next 13 weeks can completely dwarf what I've done so far. My understanding of the game is growing every day, I feel like I'm playing the best poker I've ever played, and my results are starting to show it. Or maybe I'm just catching a good run of cards and in the long run I'll struggle to break even. It has been fun either way.

Its 11:20am, I guess I should go to bed.

No comments: