Issue 16.0 / July 26, 2020
Investing
Gold is almost at an all-time high.
The price of silver is surging too.
Having some cash parked in a savings account for quarter 4 may be a good idea.
Focus on the investment process, not the outcome.
The NASDAQ reached an all-time high on July 20, 2020.
Buying vs. selling, analyzing stock data with Google Trends.
United States stock market performance during all the presidential administrations since World War II.
Personal Finance
A very expensive lesson on learning the difference between assets and liabilities.
Some best practices for using a credit card responsibly.
Another reason I'm embracing minimalism, it pairs well with financial independence.
Say no to lifestyle creep. Save and invest when your income increases. There are many easy ways to get started with investing. Especially when you can buy fractional shares and no fees. Some platforms that come to mind are SoFI Invest, Stash, Acorns, and Robinhood.
Five effective money strategies that can save you $250 a month.
The financial planning steps you should consider a few years before retirement.
Free pizza for kids if they are reading during the summer.
Kids can learn about these important money concepts.
Kids with lemonade stands impacted by the pandemic can apply for a $100 stimulus check.
Cryptocurrency
The biggest news in cryptocurrency last week was the United States Office of the Comptroller of the Currency (OCC) announcing that banks can now store cryptocurrency.
Binance is removing nearly 3.5 million BNB to lessen supply hoping it will increase the token price.
PayPal selects Paxos for its new cryptocurrency service.
Camila Russo’s Infinite Machine book about Ethereum is now out.
Freelancers and businesses can now invoice clients and receive payments in cryptocurrencies like Bitcoin, Ethereum, DAI, and USDC.
Entrepreneurship
A professional maker provides a thorough list of his 50+ projects over the last two decades.
This is how you side hustle in London.
I’ve never heard of blank book publishing until last week, but I think it’s brilliant. Some people are reporting earnings of over $1,250 per month.
Disney's impressive business strategy from 60+ years ago in a gorgeous retro visualization.
One of the best investments is to focus on yourself. That side project you've been thinking about, go ahead and start it already. You reduce risk by going all-in on yourself.
The origins of my personal monopoly.
A CEO shares his favorite digital tools that can help you launch an online side hustle for about $100.
Learning
One of the main reasons I keep learning.
You can become a good writer.
This is an amazing manual note-taking process by Justin Mikolay compressing 3,000 tweets for a big idea summary Twitter thread.
Reading books can change your life.
I love these life rules.
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 with respect to any information from this content. I may mention products or services and some of those products are affiliate links that reward me.
