Financial Update & Emotional Monk Saying Thank You | MonkWealth
The Monk has reached an important FIRE milestone, has published his first book (“Become an Investor”) and shares his monthly numbers with us.
The Monk has reached an important FIRE milestone, has published his first book (“Become an Investor”) and shares his monthly numbers with us.
A cautionary tale for those of us who think we can predict the way an investment is going to evolve.
Many people from the FI community invest in cryptos but according to a poll we did, the vast majority of them only invest a tiny fraction of their portfolio in cryptos since it’s quite risky. Fight to FIRE has written a great introduction to the topic.
The Monk tasted the nice feeling of earning more from his investments than his day job. He also let pass by a job opportunity he dreamed of. Read why.
Podcast: Should I Add Crypto to My Investment Portfolio? The guys from financial-independence.eu talk with their interview partner Alexandros about cryptocurrencies from an FI perspective. You can read the full transcript here. Podcast created by financial-independence.eu
Everybody’s talking about cryptos lately. If you’re a newbe, you better watch out for these 5 issues before you put all your money into them.
“Bitcoin was the ultimate Utopia of freedom, but the system is broken”. In this interesting guest post on Eyes on the Goal, discover the reasons why the author sees Bitcoin skeptically for our society, our environment, and our economy.
Cheesy Finance: As noted in a post last year, we dipped our toes into the world of cryptocurrencies. Why on earth did we do that? Perhaps a slight case of fear of missing out (FOMO), but also the belief that the technology (and perhaps some of the coins) will survive (and thrive?). It was also a lot of fun with the massive volatility. Where are we today?
“I have advised everyone I know against investing in cryptocurrencies, but somehow I ended up doing it myself.” – Carl from moneymow.com is sharing what he’s learned from investing in cryptocurrencies.
Mr. RIP from Retire in Progress could already be a multi-millionaire and retired early if only he’d bought Bitcoin back in 2013 when he first heard of it. But would he have stayed invested all of the time or suffered several heart attacks?