After a two-month hiatus from the gym, during which I gained about 2kg, I decided it was time to get back on track. Today, I renewed my gym membership at Tbilisi Axis Tower and committed to a new fitness and investment strategy: after every workout, I will invest in Nike (NKE) stock by purchasing 0.1 shares.As someone who aims to visit the gym five days a…

Today, I executed a bull put spread on Bristol-Myers Squibb (BMY), a stock I've been trading since 2020/2021. BMY is a global biopharmaceutical company that focuses on discovering, developing, and delivering innovative medicines that help patients prevail over serious diseases. It’s a stable, dividend-paying stock, and one of my long-term goals is to…

As summer came to a close, we continued our family's tradition of visiting Borjomi. This year marked yet another memorable trip at the end of August 2024, reaffirming our love for this beautiful Georgian town. Visiting Borjomi at least twice a year has become a cherished routine, a piece of life that we look forward to, blending relaxation, adventure, and…

Since the end of November 2023, I’ve been actively trading Morgan Stanley (MS) stock with great success. At one point, I held around 24 shares, which I eventually sold after the stock reached my price target of approximately $100 per share, realizing substantial gains. However, my journey with MS doesn’t end there. I’ve decided to start over, this time with…

I'm thrilled to announce that our latest travel movie, "Birthday in Croatia," is now live! In just 3 minutes, you'll join us on a whirlwind adventure filled with unforgettable moments and stunning scenery.Our journey begins in Tbilisi, where we embark on an exciting trip that first takes us to Riga. From there, we make a quick detour to Courland, where we…

Split Saint Jerome Airport, also known as Split Airport, is the international airport serving the city of Split, Croatia. It is located 19 km (12 mi) from Split, on the west side of Kaštela Bay, in the town of Kaštela, and extending into the adjacent town of Trogir. It is named after Saint Jerome, the patron saint of Split-Dalmatia County.At the start of…

At the end of July 2024, the total value of our stock portfolio was USD 9,726 (€9,006 ). What is about 6% increase or USD 553 gain, if compared to the previous month. Half of the July we spent in Latvia, working with our frame house and having our kiddos 6th birthday, while the rest of the month we spent in Georgia, enjoying Summer, having few road trips…

This Friday turned out to be a dark day for my portfolio, with losses exceeding 12%. The most significant blow came after Intel's (INTC) negative earnings report, which saw the stock plunge over 25%. Unfortunately, I was holding a short $30 put with an August 30 expiry, and as Intel’s price dropped to $21, that position ended up deep in the money, adding…

Back at the end of December 2023, during Renée's school break, our family embarked on an unforgettable journey to India. Our adventure began with a flight from Tbilisi to New Delhi, the bustling capital of India. New Delhi welcomed us with its rich history and vibrant culture, offering a perfect introduction to our travels.New Delhi: A Cultural Melting…

Recently, I had an interesting conversation with a business associate about leveraging investments in real estate and Bitcoin. He offered me an opportunity to purchase an apartment in Tbilisi using a bank loan with a 10-year term, requiring a 30% down payment. This essentially creates a leverage ratio of 3x. The idea is to rent out the apartment, which…

As June came to an end, our family embarked on a journey from Tbilisi to Latvia, skipping Renee's school year for the last week and focus on our frame house project. Here's a glimpse into our busy but rewarding time working on the house.We left Tbilisi with excitement and anticipation, knowing that a lot of work awaited us in Latvia. Skipping a week of…

Yesterday, I had the pleasure of attending a delightful wine-tasting event organized by my American friend, Colin. The evening was set in the charming ambiance of a wine gallery located at Irakli Abashidze 64. The event brought together a vibrant mix of expatriates from various industries, predominantly startups and founders, creating an excellent…

In the first quarter of 2024, the average nominal monthly salary in Georgia was 1,943.4 GEL. This figure includes income tax, meaning the net salary (take-home pay) is 20% less.Compared to the same period last year, there was an increase of 226.8 GEL, or 13.2%. However, this is a decrease of 101 GEL compared to the fourth quarter of the previous year.There…

Investing often carries a deeply personal significance, intertwining our financial aspirations with our cherished memories and family legacies. For me, the decision to invest in Philip Morris (PM) stock is not merely a strategic financial move but also a heartfelt tribute to my grandfather. According to family lore, he owned shares in Philip Morris or…

At the end of June 2024, the total value of our stock portfolio was USD 9,173 (EUR 8,431). What is a small, but increase of EUR 226, if compared to the previous monthMost of the June we spent in Georgia, enjoying Summer, taking part in trail runs, while at the end of June we traveled to Latvia to work with our frame house, did some good job, installing…