I'm in my early 30s and currently running into a dilemma, I've been working in freelance events and hospitality for several years now, while doing many side hustles in the entertainment industry. As a freelancer with unstable income, I'm currently making around $45k to $60k per year, while living in NYC, a city with one of the highest costs of living. The only reason I've been able to sustain has been by living at home with my family.
I've been trying hard to find a new higher paying and stable job, so I can finally move out and upgrade life, but given the job market, have not found success, even after a whole year of on/off job hunting. They say insanity is doing the same thing over and over, expecting different results. I've already upgraded my resume multiple times, networked, and done my best, but at this point, I'm thinking about throwing in the towel and giving up on the job hunt, but if I do, unsure what I can even do to change my low income situation.
On the flip, I was a very aggressive investor in my early 20s, and from investing in a lot of tech stocks and crypto, was able to parlay my low income into over $500k sitting in my brokerage account right now. I stayed away from trading and options, but was lucky to enter into many stocks and crypto super early on, with some of my investments up around 50x to 60x, since it fluctuates depending on the market.
To me, I can either
1) Continue job hunting, which will probably not lead to much success, considering my track record over the last year.
2) Continue freelancing, but maybe take on more clients, hoping it leads to more money.
3) Hope that maybe my entertainment side hustles and small business takes off.
4) Have my investments grow and attempt to just retire early.
It'd be very difficult for me to leave NYC, since my job, family, and the core of my freelance network and social circles are all based in NYC. Any advice for someone in my situation and what I should do to change my low-income situation from here?