Blog
How We Gave 3 Citizenships to Our Son (๐ณ๐ฑ, ๐ญ๐บ, ๐ฒ๐ฐ)
We’re proud to have guaranteed the status of a world citizen to our son before he was even born. We did this by granting him 3 citizenships: Dutch, Hungarian, and Macedonian. Besides emotional and financial stability, we consider multiple citizenships the biggest gift for a newborn. With all the being said, here is how we …
CSPX vs VUSA vs IUSA – My Thoughts
A US ETF is usually the core of most investors’ portfolios. For Europeans, the questions of CSPX vs VUSA or VUSA vs IUSA often pop up. In this post, I’ll do my best to answer the trilemma and give my recommendation. CSPX Ticker symbols: CSPX, SXR8, CSP1; ISIN: IE00B5BMR087 CSPX (iShares Core S&P 500 UCITS …
Obstacles to Efficiency – Taxes, Price Controls, Trade Restrictions
Welcome to the third and last post of the Supply and Demand Series. The first two posts described the self-regulatiing nature of the free markets and their efficiency in maximizing revenue and benefit to society. In this post, I’ll talk about government intervention and regulation. Specifically, how government impositions make the markets less efficient by …
Bitcoin Block Reward Halving (Explanation & Price Impact)
The block reward halving is one of the key characteristics of Bitcoin. It’s extremely relevant both for ideologists and investors, so make sure to understand it. Introduction to Bitcoin Block Rewards All Bitcoin transactions are grouped into blocks, which are added to the blockchain through a process called mining. Each Bitcoin miner tries to be the fastest one to …
Why the Stock Market Always Goes Up?
You probably saw “the stock market” being portrayed as a “safe long-term” investment. But how is everyone so sure that the stock market will go up in the long run? Let me tell you my perspective. First of all, I’ve been investing for around a decade and made massive gains in multiple asset classes. The …
The Art of War by Sun Tzu (Book Notes)
“The Art of War” by Sun Tzu stands as a timeless classic offering insights into ancient Chinese military tactics. The book’s concise maxims provide wisdom that’s not only applicable to the battlefield, but also to various aspects of modern life. These range from business and leadership all the way to interpersonal relationships. Below, you can …
Cash vs Stocks in 30 Years
Cash or stocks – hoard or invest? This discussion comes up so often that an analysis post was due. While I don’t necessarily consider a 100% stock portfolio to be the best investing approach, it will definitely prove a point about assets outperforming cash over the long-term. Without further ado, let’s break down a case. …
Consumer and Producer Surplus & Deadweight Loss
This post is an extension to Supply and Demand – an Introduction, where we explained supply and demand curves, equilibrium price and quantity, and aggregate supply and demand. In this post we’ll understand what consumer surplus and producer surplus are. Reminder Here are the supply and demand curves for a certain good X. As we can see in the picture, the …
The Death of the Gold Standard – What Happened in 1971 (Part 1)
The gold standard is a monetary system where a country’s currency or paper money has a value directly linked to gold. Investopedia, What is the Gold Standard? Throughout a major part of human history, gold was the only globally recognized unit of account. And it still has that status, as every system/country/empire agrees on its …
Lump-Sum Strategy (Time in the Market Done Right)
A lump-sum payment describes a payment that happens once, at a particular time, as opposed to multiple smaller payments over time. If you accumulated a somewhat large amount of savings, you might wonder how to put them to work. At the end of the day, if you just dump them in the market, there are countless …
Counsels and Maxims by Arthur Schopenhauer (Book Notes)
Today, I’ll share my notes from Arthur Schopenahuer’s “Counsels and Maxims”. Whether you’re a seasoned philosophy enthusiast or a newcomer to Schopenhauer’s ideas, I hope you can find some value in my short-format conclusions. Remember, this is neither a book review nor a summary. Just condensed notes for myself. My Notes from “Counsels and Maxims” …
Supply and Demand – An Introduction
The law of supply and demand is something that’s often referenced, but rarely understood. Even people with formal education in economics that can explain how it affected certain situations in the past can’t really apply the knowledge to forecast the future. In other words: this post can make you psychic, practically. Enjoy this gentle introduction …
DCA (Dollar Cost Averaging) – Investment Strategy Explained
Cost averaging (DCA or dollar cost averaging) is an investment strategy for investing capital over time. It can be especially valuable to beginners that determined their asset allocation but still looking for an entry point for the actual purchase. This post will describe one of the best and time-tested strategies of deploying cash. What is Dollar …
The Byzantine Generals Problem – Simple Explanation
The Byzantine generals problem is a distributed computing problem introduced in 1982, in a paper of the same name. In this post, I’ll give a simplified summary of a formulation of the problem. Then, I’ll explain how the Bitcoin blockchain and its use of Proof of Work solves it in practice. The Byzantine Generals Problem: …
SGA Preterm Baby – First Trimester Progress
Some time ago, I wrote a post about the birth of my son. In summary: he was born prematurely and was classified as SGA (small for gestational age). In this post, I’ll share his achievements and stats during his first trimester of independent life. ❤️ Day Zero (Preterm SGA Stats at Birth) Our little hero …