Issue 13.0 / July 5, 2020
Investing
Another point to having dividend stocks in your portfolio. Briana Hardy explains when she first discovered dividend investing.
Here are some solid investor tips. And if you want some additional rationale to be in the stock market, here’s a great short list.
I keep investing in the S&P 500 backed up by the why.
Investing for maximum results.
If you’re not ready to invest.
Personal Finance
You should strive for a savings rate north of 10%.
Every time someone pays off a loan, an angel gets its wings.
I’ve known about The Latte Factor by David Bach for years, but how about the biscuit factor?
Kakeibo is a Japanese money management approach that combines journaling and budgeting.
A compelling chart showing the cash you can save by doubling monthly payments on credit card debt.
Learn to build wealth and study how money works.
Warren Buffett thinks kids should learn about money before high school. This will help them long term when they are handling finances as adults. Acorns recommends the following five books children can read to start grasping concepts about money:
- Rock, Brock, and the Savings Shock
- Finance 101 for Kids
- Ultimate Kids’ Money Book
- How to Turn $100 into $1,000,000
- Go! Stock! Go!
Cryptocurrency
Want to launch a crypto startup? a16z has a school for that.
Singapore ride-sharing company now accepts Bitcoin as payment. Are Uber and Lyft next?
Attorneys in Washington D.C. also are accepting cryptocurrency as payment. The D.C. Bar said, “Cryptocurrency is, ultimately, simply a relatively new means of transferring economic value.”
Construction of Akon City is off to a great start.
The big yield farming craze I mentioned last week appears to have a problem. There are more DAI in supply on Compound than actual DAI. There may be no liquidity.
Entrepreneurship
Check out this massive Reddit post of a startup that went from $0 to $323,010.43 in a little over a year. It shares the exact:
- Facebook ads
- landing pages
- website
- pricing strategy
- sales aids
Neville Medhora discusses Joe Sugarman’s 24 “Psychological Triggers” that convince people to buy stuff. Sugarman is the master copywriter who wrote The AdWeek Copywriting Handbook.
The rise of the newsletter entrepreneur. Content creation is the future and it’s circumventing higher education.
Content builds your personal brand. But do you have a system?
Keep at it, don’t quit.
Only have 10 minutes? You can still hustle.
How to survive as an entrepreneur.
Learning
Self-education allows you to control the curriculum. Learning on your own is a great investment. And how you can decide on what to learn next.
Twitter serves as a platform that allows us to seek wisdom and truth. For me, it has become a micro school that never closes its doors. The learning is a stream delivered in byte-sized amounts. We're all students of Twitter University.
There is a link between walking, thinking, creativity, and writing. Walking helps organize your thoughts.
Written communication is a remote work super power. Writing intentionally for asynchronous communication can solve many issues especially for self discovery.
Can you pivot your thinking?
Disclaimer
Ideas and information presented in my articles are for educational purposes only and not intended to be investment advice. Investments in the stock market and cryptocurrency could be speculative and volatile, and result in money loss. Always conduct your own research. You may want to obtain independent legal, financial, taxation and/or other professional advice in respect to any information from this content. I may mention products or services and some of those products are affiliate links that reward me.
