The Rule of 72 In case you missed it, last week I made a new video about the rule of 72 – a useful formula for quickly calculating how long it will take to double your money. 🙂 If you haven’t heard about it before, this gives you a better understanding of the value of money over time.… Read More »
Liquid’s rental property – 1 year update About a year ago I blogged about selling farmland to buy a rental property in the Lower Mainland. I wrote that I expected a 15% annual return. In today’s post I’ll discuss how my 1 bedroom rental apartment is performing, and share 4 important lessons I’ve learned along the way. 🙂… Read More »
In today’s post I’ll be sharing my finances and investment performance over the last 3 months. I totally understand that sometimes it doesn’t feel good to read other people’s stories. Feel free to stop reading here if you are uncomfortable to continue. Having said that, let’s dive right into the numbers. 🙂 Liquid’s Net Worth progress –… Read More »
Crazy high bids you won’t believe A non-fungible token (NFT) represents a unique digital item, such as articles and blog posts. 😉 Practically anyone can create their own NFT. You just have to connect your crypto wallet to an NFT marketplace. Rarible and OpenSea are both good options. But be aware the gas fees, which is used to… Read More »
Playing by a different set of rules Wall Street is confined to playing the short term game. What will earnings look like next quarter? How will the election affect business performance? But you can play the long game. This reduces your volatility, increases your probability of making money, and is frankly way less competitive. This is your main… Read More »
Things I wish I knew in my 20s How do you build a solid foundation for creating wealth in your 20s? Well it took me a while to discover successful habits that actually work. So in my new video I explicate 5 things that all young adults should know, inspired by highly productive individuals like Bill Gates and… Read More »