Blog Archive: November 2017
Why Bitcoin Price at $7,174.50 ain't no fun, But I'm still buying it?
| Crypto | 56 seen
Bitcoin price has raised above $7,000 mark at the start of November 2017. It might sound like a great deal for the early day bitcoin investors, but for those who are opting in the cryptocurrency game just now, this might turn into a negative experience in the short term.
About 5 months ago I experienced my first FOMO (fears of missing out) and decided to invest in bitcoins (and few other altcoins). I quickly developed the so-called dollar-cost averaging approach and decided to acquire 3-4 altcoins once in a month until the end of 2020.
Remember your capital is at risk, never invest capital you cannot afford to lose!
I remember I bought the first bitcoins (satoshi's) for the price of about $2,700 in July. Now a couple of months later in November, I bought a few satoshis already at $7,100 price level. Bitcoin price has increased more than 2.6 times in just 4 months. If you invested $10,000 in July, you are having about $26,000 in November.
Sadly I didn't make a 10K Investment in bitcoins back then, actually, my total net worth portfolio just recently has reached $10,000 value. Instead, I keep investing…
Minimum Wage Set to Rise in Baltic States in 2018
| Macroeconomics | 8 seen
During the past few years, there have been some positive improvements for raising the minimum wage in all three Baltic states (Estonia, Latvia, and Lithuania). In 2018 minimum wage is set to rise in all Baltic states again. Estonia will a have a minimum wage of EUR 500; Latvia - EUR 430 and Lithuania - EUR 400.
That' s a pretty decent leap if compared with 2016, when minimum wages were set at EUR 430 in Estonia, EUR 370 in Latvia and just EUR 350 in Lithuania. See: Minimum Wage Set to Rising in All Baltic States in 2016
Despite a pretty decent increase in the Baltic States, minimum wages here are still among the lowest in the European Union. See: What's Minimum Wage in European Union 2017
During the past years I've been closely monitoring minimum wage developments in the Baltic states, here are few articles from history:
- Minimum wage in Baltic states
- Minimum Wages in the Baltic States 2015
- Minimum Wage Set to Rise in All Baltic States in 2016
Why do I care so much about minimum wages in the Baltic states? Simple, as I've been building dividend paying…
October 2017 Dividend Income Report - $72.97
| Investments | 12 seen
Welcome to the sixth (#6) dividend income report, covering earnings I've made from dividend-paying stocks, peer to peer lending (both fiat and cryptocurrencies) in October 2017.
October was a very sad month - my dear granny passed away at the age of 87. Grandmother was like a mother to me taking care and giving advice in my childhood, teenage years and adult life. My granny gave me first lessons in the finance world when I was like age 6 or something, she taught me about compound interests, deposits, bonds, and stocks. She was one of the smartest persons I ever know. I miss you a lot, our distant phone conversations in 3:00 in the morning...I miss you, and I know one day we will meet and play checkers again. Rest in Peace!
October, in terms of a passive income, turned out better, as I thought before, and generated me a dividend income of total $72.97. In fact, October now is the second best after the month of July.
Unexpected dividend payment from Estonian Nordecon (which I thought as one of the worst investments in 2017, just a couple of months before) helped to…