“FTX Files for Bankruptcy” FTX, a highly popular cryptocurrency exchange, filed for bankruptcy on November 11th, 2022. The exchange, which was founded by Sam Bankman-Fried and Bill Liao in 2019, had quickly risen to become one of the top crypto Read more…
AI doing better than humans are at stocks The age old question in finance is; where do investors get the best return over the long run. In recent years there has been a lot of academic research and empirical evidence Read more…
I had some free time this weekend so I decided to look at the cryptocurrency market from the last major bull run in cryptocurrency. Which was way back in 2017, I used coinmarketcap.com to get as close to the Bitcoin Read more…
Is Wealthfront worth it? Robo-advisors like Wealthfront, betterment, and wealth-simple have been exploded a lot in the past couple of years. I even used Wealthfront for a while and still login sometimes to see any updates they have. Betterment surpassed Read more…
A dated commodity will never have a positive expected return – Bitcoin does not have a positive expected return over the long run. An investment into cryptocurrency and Bitcoin can prove to be profitable but it’s akin to buying a Read more…
The Pros of Bitcoin The pros of cryptocurrency are straight forward: Avoiding government regulation (if you’re into that), Evading taxes (again, if you’re into that), possibility of extreme losses and gains, and trustless monetary value exchange. The Pros of investing Read more…
Are you frugal? Are you trying to become more frugal? Saving for a trip? Trying to build wealth while on a tight budget? Here’s a few simple tips that could help you save a bit more. Buy a lunch Read more…
Reoccurring costs can be hidden expenses every month which make us poorer Do you have a buddy who has tons of subscriptions? He pays for Netflix, Hulu, HBO, and has a rock gym membership and Amazon prime? All of those Read more…
Tax Advantaged Wealth Building – A simple guide In working towards a goal of building wealth, there’s a few ways you can speed up your path to wealth – earning more through entrepreneurship, building higher valued skills, or taking on Read more…
Wealth Building is simple, invest early, invest often, invest consistently, and stay the course. The reality with building wealth is incredibly simple – compounding interest and time. If we continue to do invest in index funds and take advantage of Read more…