In 2020 I heard about the $1000 challenge between the online Finance community. It is a 1-year challenge where you invest $1000 in any way you want to see who makes the most money. Since the $1000 challenge has been around for a while, no one has done this challenge in recent times. I thought it would be an interesting experiment to try during the Pandemic. Because I run a personal finance blog, I decided to expand my experiment. I…
If you were lucky enough to have an economics class in high school, you may have heard of the term compound interest. Compound interest is the interest accumulated on the combined principal and interest, over time. In other words, you earn interest on your total balance including both the principal and the interest you have already earned. Earning interest on your interest is compounded interest. It's how the rich get richer. As an Industrial & Manufacturing Engineer, I had to…
Yotta is a popular lottery-based savings company whose angel investor's include personal finance YouTube star Graham Stephen. For every $25 you deposit, you are rewarded with a permanent lottery ticket that you can use each week for a chance to win $10 million, a Tesla, or lesser cash prizes. I wrote all about it in my blog post "Save for a chance to win up to $10 million each week". Since I published that blog post, much has changed making…
Did you know you can make hundreds, if not thousands of dollars per day playing online games? Okay more realistically, you will only make a few cents to a few dollars per day unless you get in early and play for several hours a day. NFT games have been around for a few years but they have been on the rise in the past few months. These games are a great way to make passive income if you are already…
In 2020 I heard about the $1000 challenge between the online Finance community. It is a 1-year challenge where you invest $1000 in any way you want to see who makes the most money. Since the $1000 challenge has been around for a while, no one has done this challenge in recent times. I thought it would be an interesting experiment to try during the Pandemic. Because I run a personal finance blog, I decided to expand my experiment. I…
Last week was a rough ride for all cryptocurrencies. Bitcoin dropped more than 60% from its all time high to $21,000. Ethereum and other crypto's followed Bitcoin in a downward path. China started to crack down on Bitcoin miners and restricted all financial institutions from dealing with crypto. Countries AND certain states are inviting Bitcoin Miners to move from China. The Dogecoin Millionaire, Pro the Doge, lost $2 Million. Now with everyone buying the dip, Bitcoin is now back in…
My cousin Aws Al-Hassani is a landlord, amateur boxer, world traveler, entrepreneur, gamer, eligible bachelor, and co-founder of the NFT start-up Auxiun. With Aws' passion for entrepreneurial-ship, he earned an MBA from Concordia University’s John Molson School of Business. For as long as I could remember, Aws was a huge gamer. He still has the original NES (Nintendo Entertainment System) and some old Sega's with hundreds of games between all of his gaming consoles. It was his love of gaming…
The month of May 2021 has not been kind to those who invest in crypto or the stock market. No one seems to know why the stock market is free falling. Meanwhile, China outlawing crypto in financial institutions and Elon Musk's tweets have caused nearly all crypto currencies to collapse as much as 50% in value. I have been avoiding checking my M1 Finance, Webull, Robinhood, and Betterment brokerage accounts because I don't want to deal with the stress of…
I recently noticed that my neighbor Dan was wearing a hoodie with the words Crypto Capital Ventures spread across in large letters. I asked, "Are you into Crypto?" He then proceeded to tell me that he is a YouTuber with a 200k+ subscriber crypto channel. His channel is growing rather quickly. I noticed he gained 10,000 subscribers in the week I started watching his videos. Dan posts daily uploads on Bitcoin (BTC) and Cardano (ADA). He is extremely bullish on…
It has been about 3 months since I posted "How I make over $2500 per year mining Bitcoin". Mining Bitcoin is another way of saying that you are lending your computer's processing power to verify transactions on the blockchain. Every purchase, sale, or transfer of Bitcoin and many other crypto currencies need to be verified by the blockchain. At the time I posted this, I was making about $50 per week mining with my AMD 3060 gaming desktop. I like…
