Category: Finances
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Why Circle Has a Money Printing Business Model
Previously, I have discussed how stablecoins have gained significant traction over the past five years, showing minimal correlation with Bitcoin’s price fluctuations. In this article, I’ll delve deeper into Circle, the second-largest provider of stablecoins, and explain my thesis on how they’ve developed a unique and highly profitable business model. Circle, a privately held company,…
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Why a 12% Annual Return Hurdle is Essential to Maintain Your Purchasing Power
Many people don’t realise that if their wages and assets aren’t growing by at least 12% annually, they are effectively becoming poorer. To clarify this concept, I’ve summarised a theory developed by Raoul Pal, a prominent macro investor. Pal’s theory, known as the Everything Code, centres on the debasement of currency by central banks. This…
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Stablecoins – Crypto’s First Real World Application
In a world where understanding and conviction around the value of cryptocurrency can be rare, stablecoins emerge as a beacon of reliability. Often, when discussing the crypto landscape with those not yet converted, a common refrain is the struggle to grasp its intrinsic value. Despite the relentless pitches about Bitcoin’s potential, many remain unconvinced. However,…
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Exploring Arbitrage Profit Opportunities in Sports Betting
As a quintessential Australian, my upbringing was steeped in sports culture, enjoying the highs of AFL matches, F1 races, WSL events, NBA games, and the soccer World Cup. The legalisation of sports betting globally has significantly increased the stakes, transforming it into a lucrative industry, particularly noted in the USA, where it’s expected to swell…
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Calendar Year 2023 – Annual Portfolio Review
Reflecting on 2023, it proved to be a dynamic year for our portfolio, culminating an annual return of 18.81%. Taking into account the previous years performance this delivers an Internal Rate of Return (IRR) of 14.91% which surpasses our benchmark goal of 14%. An excellent achievement and something that Morgan and I are thrilled about.…
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Your Path to Personal Growth: The Five Fs Lifestyle Audit
We’ve all been there, haven’t we? Setting grand New Year’s resolutions, brimming with enthusiasm and hope, only to watch them fade into oblivion a few weeks later. I used to be just like that — full of good intentions but lacking the execution to turn those aspirations into reality. However, my journey took an enlightening…
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How We Will Do Things Differently For Our 3rd Crypto Cycle
In the ever-evolving landscape of cryptocurrency, it’s crucial to learn from past experiences and adapt your approach. After navigating two crypto cycles, we developed a comprehensive strategy for the third cycle, and in this article, I’ll share the details of our plan and how it differs from previous mistakes. A Recap of the Past We…
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The Realities of Entrepreneurship: Employee vs. Startup Founder
The allure of being your own boss and running a startup is a dream shared by many. The idea of creating something from scratch, being in control of your destiny, and potentially reaping the rewards of success can be incredibly enticing. However, the reality of entrepreneurship often comes with a series of misconceptions that need…
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Raising Future Financial Success: 15 Habits to Instill in Your Children
During my upbringing, I held both the ambition and the conviction that I would achieve financial success. My initial belief was that a high-paying job as an actuary would pave my path to financial prosperity. However, reality had a different plan in store for me and I did achieve financial success but via a non…
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8 Key Mistakes of a Crypto Enthusiast: Lessons from Two Crypto Cycles
Investing in cryptocurrency has been a roller-coaster ride for many, including myself. Over two crypto cycles, spanning from 2017 to 2022, I learned some valuable lessons the hard way. While Bitcoin’s price soared and plummeted, I made my share of mistakes. Some of these being very costly while others losing a small amount of money.…
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Calendar Year 2022 – Annual Portfolio Review
Reflecting on 2022, it was a challenging yet pivotal year for our portfolio, marked by significant market turbulence but also key opportunities across various asset classes. While we faced a shifting macroeconomic landscape, our portfolio weathered the storm returning 11.14% for the year that although this is below our target of 14%, it was an…
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Taking the Boy Out of Wagga Wagga
I had the benefit of humble beginnings, growing up in the town of Wagga Wagga in a working-class family with both of my parents being public school teachers. As the oldest of four children, my three brothers and I attended the local public schools for both primary and secondary education. While my parents didn’t have…
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