Published inMaking of a Millionaire·PinnedMember-onlyWhat Is The Net Worth To Be Considered Wealthy?You’d be surprised where you rank amongst the rest of the world — Money makes the world go round, no matter what country you are in. It doesn’t matter if you pay in gold, FIAT, or Bitcoin; you’re probably thinking about accumulating more of it. As a cold-blooded capitalist, a lot of my focus is on the further accumulation of wealth, and I…Money8 min readMoney8 min read
Published inFortune For Future·PinnedMember-onlyYou’re Searching For How Many Pennies In $100 — When You Should Be Asking How To Turn $0.01 Into $5.4 Million In 30 DaysCompound Interest: The 8th wonder of the world — How many pennies are in $100? It’s a simple equation: $100/0.01 = 10,000 pennies But there is an even better question you can be asking. How can I turn a penny into $5.4 million in just 30 days? Albert Einstein, widely acknowledged as one of the greatest physicists of all…Investing4 min readInvesting4 min read
Jul 27, 2022Member-only16 Of The Best Qullamaggie Quotes For Aspiring TradersThe very best from Kristjan Kullamagi, The $100 Million Bedroom Trader. — Kristjan Kullamagi, or Qullamaggie, is one of my all-time favorite traders. Even if he isn’t quite a household name, he is the epitome of what you can achieve in markets if you put in the work. He took his trading account from blowing up twice to one last roll of…Trading Quotes4 min readTrading Quotes4 min read
Published inDataDrivenInvestor·Jul 27, 2022Member-onlyHow Do Stock Markets Crash?Wait, stocks don’t always go up??? — You were told stocks only go up, right? This stock market business would be a get-rich-quick scheme. Well if you entered the market for the first time in the last couple of years, you’re probably realizing that all that may not be the case. Stock markets don’t always go up…Market Crash6 min readMarket Crash6 min read
Jul 26, 2022Member-onlyHow Do Day Traders Make Money? — (REAL Trader Examples!)The fruits are not low hanging, but they can be substantial — Every bull run sparks flames in many aspiring day traders. The stories of 6-figure days and 30-minute work days are the dream of anyone stuck in a job that they hate. Day trading looks and sounds easy, but have you ever stopped to ask how they actually make money? It's…Day Trading8 min readDay Trading8 min read
Published inMaking of a Millionaire·Jul 25, 2022Member-onlyThinking Of Trying The No-Spend Challenge?— Do This Instead If You Want Real Financial FreedomYou’re thinking about trying the no-spend challenge, and you are counting your newfound wealth already. What negatives can I possibly come up with, you say? Occasionally, a new craze takes the world by storm. Remember the ice bucket challenge? That was kind of funny. But now we are seeing some…Nospendchallenge7 min readNospendchallenge7 min read
Published inMaking of a Millionaire·Jul 20, 2022Member-onlyBuy A Fixer Upper Or Move Straight In? — How I Made An Extra $185,000 In One MonthWhat To Know About Buying A Fixer Upper To Ensure You Make Money — My wife and I just completed the sale of one of our properties, and we are still celebrating a fantastic result — an almost 100% capital gain! You always have to be happy with a double on any investment, and this was no exception. It also made me reflect on…Fixer Upper7 min readFixer Upper7 min read
Published inDataDrivenInvestor·Jul 18, 2022Member-only6 Key Facts About Stop Losses In Trading (Must Know!)Why they are a necessity for trading success — Browsing through the pages of some of the most famous traders on Fintwit (or Financial Twitter for all the newbies), it’s clear that there has never been a topic so agreed upon yet so contested. Stop losses are universally used by traders worth their salt but in a wide and…Stop Loss7 min readStop Loss7 min read
Jul 18, 2022Member-onlyIs Buying Books A Waste Of Money? — Make Sure You’re Not Doing ThisHow not to waste money when buying books — We often hear from the world’s most successful people about how the reading of books holds the key to prosperity. I personally read quite a lot, but it got me wondering: Is buying books a waste of money for most people? In my opinion, the answer is yes. Most people…Books6 min readBooks6 min read
Published inYard Couch·Jul 17, 2022Member-onlyHow Long Should I Paper Trade? — Curse or Cure? Let Me Explain.The beginner trader’s dilemma — Paper trading can be a great way to take your first steps in the trading world without doing too much damage. You wouldn’t drive a Ferrari without a seatbelt on your first time driving, so why do the equivalent with your trading account? But after you get your head around…Paper Trading6 min readPaper Trading6 min read
