Seeking FI

Seeking FI

A blog dedicated to the things I've found interesting on the path to financial independence and my thoughts


Bitcoin is Backed by Nothing...And That's Kind of the Point

26 Nov 2020 2 minute read 3 comments DrugsandFIRE

With a fresh bull run bringing the price above $19,000 for the first time since its historic climb back in 2017, bitcoin’s been getting a lot of press lately.  As is tradition, the FUD patrol is out once again to make sure we all know what a scam it...

Understanding Inflation: The Good, The Bad, and The Ugly

17 Apr 2020 9 minute read 0 comments DrugsandFIRE

Mid March, the Federal Reserve announced that they'd be cutting overnight interest rates back down to zero percent and that they'd officially start their quantitative easing (QE) program back up.  Initially, QE was going to be limited to ONLY $700 bi...

How to Score Extra Bitcoin in the Age of Coronavirus With Fold

14 Apr 2020 3 minute read 2 comments DrugsandFIRE

With most of the country currently under a "stay at home" order, it's no secret that US consumers have shifted their spending more and more toward companies offering home delivery.  What was once something we thought of as a convenient way to get wha...

Making Sense of Negative Interest Rates

13 Apr 2020 4 minute read 0 comments DrugsandFIRE

On March 25th, 2020, yields on US debt traded negative for the first time in our country's history.  With the 1 month and 3 month T-bills trading at yields of around -0.05% and -0.03% respectively, the US officially joined the negative interest rate...

Buy Burrito, Get Bitcoin: My Review of the Pei App

18 Feb 2020 4 minute read 0 comments DrugsandFIRE

Over the years, I've become kind of a junkie with the cashback/points/miles game.  Thankfully though, it's a profitable obsession.  Through the use of credit card sign on bonuses, promo offers, and simply finding ways to optimize the rewards we get o...

VTSAX and Chill?

17 Feb 2020 7 minute read 0 comments DrugsandFIRE

TL;DR: A total stock market index fund is a good way to get exposure to US equity markets but probably not the best way. Indexing is actually factor investing. If you are going to index, maximizing your factor exposure through a small-cap value...