Investing Archives - MonkWealth

I Invested $50k in Bitcoin and Ethereum

On 25th of June 2022, I bought >$50k worth of cryptocurrency – Bitcoin and Ethereum. First thing first, for full transparency: Note: This is not my first entry into crypto nor my total crypto position. I’ve been a HODLer for a while and it changed my life over the past few years. This post is …

THE 3 Principles of Building Wealth

“These are the habits that brought us to where we are.” – my girlfriend once told me while filling a bottle of water so we don’t have to buy any in an amusement park. I couldn’t agree more. Although our principles of building wealth are not exclusively based on saving, any financial endeavor requires starting …

Exposing Censorship at r/EuropeFIRE

On 06.02.2021, I was censored on the r/EuropeFIRE subreddit. The TLDR version: I started a thread to address some of the users’ questions and misconceptions regarding an asset class that seemed boycotted on the sub. Within a few minutes, my post was removed. The details are below. The Full Story It all started while I …

How to Do What You Love

How to do what you love? After years of contemplating this question, I’m confident to say that I figured it out. And the best part is that I can answer it in a single sentence. However, in order to relate to such an information dense summary without misunderstanding it, we need to cover some ground …

Things I’ve Learned This Year (2020 Recap)

I didn’t learn anything new. But there are a handful of things I confirmed. 1. I’m not sacrificing anything for FIRE Many unprepared people were hit hard by the cruel reality of a global recession. Some of them suffered and didn’t adapt, but many accepted this “new way of life” and saw the beauty of a …

How I Made $40k in a Month

Passive income – the holy grail of the FIRE pursuit. In this post, I’ll share how I increased my net-worth by approximately $40k in a single month. But first, why are you here? Most probably because you find the idea of earning 5 digits in a month (without exchanging your time for it) somewhat exciting. …

10 Questions From a Beginner Investor

If you’re researching investing, you’re most probably having some uncertainties that need to be addressed. By no means a complete list can be compiled to answer every question a beginner might have, but here are a few I’ve heard lately. So, if you overcome investing fear but still aren’t ready to take the leap, let’s …

I Didn’t Get Lucky (October 2020 Monthly Update)

It’s a monthly update post again, so let’s kick it off as usual: BTC Performance, October 2020 S&P 500 Performance, October 2020 Interesting! In the first part of the month, we were observing a behavior which became “normal” and “expected”: a strong correlation between the stock and the crypto markets. This is something that became …

Market Efficiency (Efficient Market Hypothesis)

Efficient Market Hypothesis (EMH) is the hypothesis that securities trade at their fair value i.e. their prices reflect all currently known information. So, how do we know whether a market is efficient or not? Basically, it’s a matter of how fast does trading activity reflect new information in the securities’ prices. In an inefficient market, …

How to Get Rich? (The Blueprint)

“How to get rich?” – a question popping into the majority of peoples’ heads on daily basis. In this post I want to give a blueprint of how to do it. What I’ll propose it’s neither exclusive nor unique – there are many opportunities to get rich in the world. However, some people may be …