Thursday, 8 March 2018

Cryptocurrency corner

One of the alternatives to shares and real estate could be soon what they call PoS crypto, also known for the long name of Proof of Stake coins. These coins need to be staked in a fully updated wallet, in order to keep the last version of the block-chain. In exchange, they receive stakes of the named coin (the ROI varies between 4-10% normally). Anyway, not all of them are equal, and some offer the same coin (Neblio for example), while other are offering a different coin, like shares are offering dividends (NEO offering GAS).

One of those freshly discovered coins is called Neblio (NEBL), and it is offering a 10% interest for staking annually. This coin was 0.2$ in September, and now it is 12-13%, with a good potential to grow a bit more. What is the concept behind this cryptocurrency? Blockchain’s unique distributed ledger technology is what makes the Neblio Network possible. This decentralized system of securely storing transactions is the future of database technology for global networks. Enterprise applications taking advantage of this technology gain numerous benefits over those using traditional database architectures including transaction immutability, transparency, security, reliability, and decentralization. Despite the maturity of blockchain networks, few applications have taken advantage of the technology due to the difficulty, and cost of integration and maintenance. Unlike legacy blockchain networks, next-generation blockchain networks such as Neblio will fill the huge gap in the enterprise market to simplify the development and deployment of distributed applications that drive business value through blockchain technology.

So, in order to receive 1 coin per day, you need to stake 365x365 coins (estimate value 43k $). This is a gamble, but if the price will go to the perceived value (60$), then you can receive on average 1800$ monthly, doubling your investment in less than 2 years from staking, with a total value of approx. 8 millions.

Of course, this coin was used just as an example for Proof of Stake, and i am not involved in any way in this coin promotion. You should always invest your money based on your own research.

Added bonus: to study the greatest traders of the present, find the book "Market Wizards" by Jack D. Schwager.

Monday, 5 March 2018

Monthly report - February 2018

My Overview

Total portfolio: £31047 (-1372)

Debt: £5208 (-132)

External funds: ZERO

Car: No

Net Worth: £26078 (-529)

Investments UK: £17445(+239)

Investments overseas : £3977( +23)

Cash: £ 250 (-2250)

Pension: £8890 (+176)

Total Income: £1523 (-182)

Passive income: £183(12.01%)

Savings rate: 14.45%

Side hustle 2 value: £3.31

Side hustle 3 value: £118 (Profit Ianuarie = 413)

Side hustle 4 value: £604 (Funds:4854)

This month was a good month, even if the numbers are inconclusive. The side hustles were not the main focus, as we tried our best to finish the house renovation according to the schedule, and tenants moved in at the end of the month (28.2.18). The final numbers were £2460, spent on painting (whole house), carpet change (whole house), bathroom renovation (new floor, new shower curtain and pools, new front and side panel for bathtub and waterproofing), new curtains pools and new curtains (whole house) and few odds jobs around (handles, side rail etc). The cash reserves are close to zero and need to be re-done. But once i got around March expenses, we should slowly build them back. I have also published 2 new books in February, my fourth poetry book and the one about diet (after 3-4 years of work in progress).

Friday, 2 March 2018

Medium Platform

As it seems that the Medium Platform is the latest trend in blog's world, i try to power-boost my way over there with 3 posts per day for 60 days.

Week 1 payment - 0.07$

I am just curious about the week 8 payment ( or month 3), whichever will come first. I am being lazy with the content, practically i am importing the last 5 years posts from my creativity and science blog.

I will come back with news about it.