Last week, the price of Bitcoin skyrocketed above the price of $10,000 per bitcoin (BTC). Currently, the price is hovering just under $12,000 per bitcoin. For all I know, the price could be much higher before I click publish. 1 Bitcoin’s constantly rising price has led to a massive instance of the Fear of Missing Out […]
Frugal Cooking: Moroccan Butternut, Chickpea, and Couscous Stew
This week, we made a Moroccan butternut, chickpea, and couscous stew from the Love Real Food cookbook by Kathryne Taylor. This recipe is a great example of frugal cooking. Not only did this stew taste delicious, it is also quite inexpensive. When you cook at home, instead of dining out you tend to save money. […]
The Richest Man in Babylon Book Review (Episode 004)
In this episode, I review the personal finance classic, The Richest Man in Babylon. This book provides the basic formula for building wealth. Every investor should be aware of the basic habits one must have to become rich. If you’d like to purchase The Richest Man in Babylon, I would appreciate it if you use […]
Stock-based compensation expense is a real expense for shareholders (Episode 003)
In this episode, I discuss the effect of stock options or stock-based compensation expense on the after-tax returns of shareholders. These expenses paid to executives as compensation are often excluded from expenses when non-GAAP earnings are reported. An approximate transcript is shown below: Hello and welcome to Episode 3 of the DIY Investing Podcast. […]
Gradualism Mental Model (Episode 002)
In this episode, I discuss the mental model of Gradualism and how to become a millionaire by investing only $1 a day. Gradualism is a mental model built upon biology and geography which can be leveraged to enable you to achieve financial independence. An approximate transcript follows below: Hello and welcome to Episode 2 […]