One man's FIRE journey by opening up passive income streams from side hustles
While both strategies have merits, lump sum investing is often superior to DCA (Dollar Cost Averaging) for maximizing long-term returns, especially in specific market conditions and for disciplined investors. Here’s why. 1. Time in the Market Beats Timing the Market The primary argument for lump sum investing is that markets, over the long term, tend … Read more
Savings is not enough? We work hard for 9 hours a day, saving 10 to 20% of our income, and plan to work till we’re 65, and yet, in the back of our minds, we still question if it is enough (it’s not) and we still need to go out the risk curve and try … Read more
If you’ve never heard of FU money, you’re in the right place. FU money (or Fuck You money), is a liquid amount of money set aside for you to be comfortable enough such that, should the occasion arise, you are empowered to say “Fuck you” to your boss, and walk out. Now, in researching for … Read more
Bear markets tend to be the best times to start accumulating into a new investment product, so I thought I’d use this time to look into Roboadvisors. Platforms such as Stashaway, Syfe and others have been around for a while, but because of the breadth of options available at OCBC RoboInvest, with its 37 thematic … Read more
As many of you know, I use CMC markets as a trading platform to trade CFDs. This morning, I came across an email from CMC Markets with a new promotion where you can win $200 credits to power up your account, plus $50 Cold Storage vouchers. If you don’t know what CFDs are, it is … Read more
Meet Koia, the alternative asset investment platform that allows you to participate in assets such as luxury watches and fine wine from £50.
If you had a choice, would you choose to take $500,000 today, or $1 that doubles every day for 21 days? Instinctively, we will all go for the big number. $500,000. That’s a huge number, no matter if you’re rich or poor. How much can $1 doubling for 21 days amount to? Bah. Well, you … Read more
Editor’s note: As we welcome the year of the Ox, let’s take a look at which Chinese Zodiac has the best outlook from a financial perspective for 2021. This is a contributed article from Value Champion. Whether you take this seriously or not, I think it’s always fun to consult the stars and see how … Read more
This is a review of a premium article on trends.co. Subscribe via my link and take $100 off your subscription. As the global population ages, we know how that can add impact and strain on the workforce, and resources when it comes to medical allocation. However, marketers also have to consider positioning their products and … Read more
Covid has proven to be a game changer in many ways. We’ve seen the drastic changes to how we work, and how office buildings are less necessary than we think, which will lead to long term structural changes in the REITs landscape. Just like how covid massively bumped up Zoom’s usage, I believe the same … Read more
As a family with kids pursuing FIRE, it definitely puts more than a spanner in the works, as opposed to a DINK (Dual Income No Kids) situation. That said, I wouldn’t change a thing about it. Kids are frustrating, tiresome, tedious and frustrating. But they also form some of the best memories in life, and … Read more
We all have to admit. 2020 is turning out to be crazier and crazier. I thought Covid-19 dominating headlines was going to be it. But 2020 kept saying “hold my beer” and coming up with crazier antics like the ongoing police brutality and racism situation unfolding in the US that’s spreading globally, and the stock … Read more
The proposal to mint $1 Trillion Dollar Coin was first proposed in the aftermath of the housing crisis of 2008, when the US hit the debt-ceiling limit in 2011.
Almost anyone can invest into a bull market and come off looking like a genius. But when shit hits the fan, and the economy goes belly up (as seen from the covid-19 fall out that is still evolving by the way), and businesses scramble to survive, cash is still king. As we take in the … Read more
When you think of Shark Tank, Daymond John probably wouldn’t be the first name to jump out at you, given the other more illustrious sharks like Billionaire Mark Cuban, and Kevin-Mr-Wonderful-O’Leary, and resident hottie Lori Greiner. So when an entire podcast episode was dedicated to Daymond John of FUBU, I dived right in. It was … Read more
So, I wrote about applying for an MCO Visa Debit Card, powered by crypto.com previously, and yesterday, I received the card in my mail! I have to say they are more efficient than some of the banks I’ve applied cards to! The card comes in a really simple yet classy packaging, and since this was … Read more
Big ticket investments like property and art are now becoming affordable and aimed at the masses, with companies like Partbnb and Masterworks paving the way.
I know this is a site about side hustling, mainly in pursuit of FIRE, and a lot of personal finance folks aren’t big on uncertainties like cryptocurrencies and bitcoin and such, but I feel the need to address or at least provide a point of view on this.
What can you do with a million dollars? Why, put it in the market and grow it to 2 million, of course!
