7 Investments I'm Making This Year (Part Three)

The next entry in our week long series where I show you places I am personally focusing my time, energy, and money in 2021.

Feel free to repurpose any ideas and use them for yourself.
Investment Three: More Time Dedicated To Walking, Scribbling In Notebooks, And Lounging In Cafes

Walking is my all-time favorite hobby and I try to spend three hours a day strolling about.
Additionally, walking is the original nootropic and a fantastic tool for thinking up new ideas.
If you want to become more insightful, dedicate a few hours towards doing nothing.

Go for a walk. Sit at a cafe without your phone and people watch. Get a pad of paper and jot down whatever words and phrases pop into your head.

Spend more time with your own thoughts.

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More from @XDays

31 Dec 20
7 Investments I'm Making This Year (Part Four)

The next entry in our week long series where I show you places I am personally focusing my time, energy, and money in 2021.

Feel free to repurpose any ideas and use them for yourself. Image
Investment Four: Bitcoin

I know, we're in Bitcoin mania now and prices are at all-time highs. It feels a little like 2017 with everyone talking about crypto again.
I dollar cost averaged Bitcoin all summer (from March to August) before taking a break when I thought the price was getting too high.

As it turns out, I could have kept investing then and still doubled my money.

Whoops!
Read 17 tweets
29 Dec 20
7 Investments I'm Making This Year (Part Two)

The second day in a week long series where I show you places I am personally focusing my time, energy, and money in 2021.

Feel free to repurpose any ideas and use them for yourself. Image
Investment Two: Internationally Diversified Stocks

Buying and holding quality assets is one of the easiest ways to build wealth long-term. Stocks gain value while the dollar loses it.

Here's a graph from Jeremy Siegel's "The Future For Investors." Image
This is why people who never invest in anything are eventually priced out of life, while people who make one or two MODERATELY INTELLIGENT investments can create generational wealth.
Read 17 tweets
26 Dec 20
BULLET PROOFING THE FUTURE

HOW TO PLAN FOR A FANTASTIC 2021
2020 has left us all in a weird place.

Half the experts claim we're about to enter a "Roaring 20's" situation with parties and prosperity.

The other half claim we'll end up in a CCP bread line after hyperinflation and government incompetence collapse America.
Personally, I wouldn't worry about predicting the future. Black pill, self-defeating cynicism has no merit. And there's no point in being overly optimistic unless you're already seated at the winners' table.
Read 15 tweets
12 Dec 20
HOW TO MAKE MONEY SELLING PUTS

The low-risk method for turning limit orders into cash.
It doesn't take a genius to know that the stock market is overvalued.

Airbnb shares hit the market today and doubled right away. This in a time when half the planet is shut down and many people are scared to travel.
Of course, that's just one example. There are plenty more companies with impaired fundamentals now trading at or near al-time highs.

It is very hard to find a bargain anywhere, similar to June / July where everything popped, only to tank in value by September.
Read 13 tweets
8 Dec 20
HOW TO PICK A SECOND HOME

If you're looking to move next year - either overseas or to another part of the country - this thread will help.
1) Weather

This impacts everything: Your mood, what activities you can do, and even your level of sociability.

Put simply, there's no reason to live someplace where bad weather seals you inside your house for 3 - 6 months each year.
2) Social Scene

How fast can you make friends? And is it possible to climb the social ladder?

When it comes to social scenes, there doesn't seem to be much correlation between city size and ease of meeting new people.
Read 13 tweets
8 Nov 20
If America locks down again, and there's a good chance they do, book a plane ticket and leave the country.

ASAP

Being locked inside during winter, in a negative mindset country with civil unrest is a recipe for disaster.
In Central America, you can rent a nice apartment, in a safe neighborhood, with good Internet for under $500.

And prices are way lower if you're in a smaller city.
Even if you have very little in savings, you could easily do something to pay rent (or just get a 0% interest for the first 18 months credit card) and cover the bills.
Read 7 tweets

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