Investments

I have been operating a GPU ETH mining rig since the December 2017, the total cost so far to build it has been $1,661. That's a lot of money for just ~ 58MH/s hashing power. Now, things were different back in December 2017, let's see how does it works out now (August/September 2018). Building a 12 GPU Ethereum Mining Rig From Scratch - Part 1: Ordering Details For most of the Summer my Ethereum mining rig has been powered of (because of unprofitable mining - high electricity price / low…

A time ago I opened a brokerage account with Lynx Broker, which turns out is affiliated with Interactive Brokers. As I opened my account from Europe, by default my base currency was set to EUR, which in fact is nice and neat, as SEPA transfers from my bank to brokerage account happens almost instantly (in the same day). Now, as I started to acquire US stocks, I noticed I have a negative balance in USD currency (while still positive in EUR). I started to explore and found the following link: …

I've been investing in Mintos.com peer to peer lending marketplace since the beginning of 2017, or it has been already 19 months since I've been exposing my funds to this Latvian fintech platform.  In the past 19 months, I've made a nice revenue of EUR 624.78 (before tax) from an investment worth little more than EUR 4,000 I should note that I have been skeptical regarding peer to peer lending business in general and I when started my humble journey with Mintos.com I decided not to invest…

Time flies and it turns out it has been already more than one year since I've been investing in cryptocurrencies. Wow, what an interesting time it has been - starting with buy and hold, day trading, and even building up a custom ethereum mining rig. At one time I even experimented with cloud mining contracts. It all started in the July 2017 when the idea of purchasing crypto once in a month came after a brief conversation with a friend over Facebook, while I was enjoying mild Summer nights in…

Welcome to the fifteenth (#15) dividend income report, covering earnings I've made from dividend-paying stocks, peer to peer lending (both fiat and cryptocurrencies) in July 2018.  In case you are wondering why I'm sharing online my earnings - the answer is pretty simple - I like transparency and these reports help me to observe my progress or bounces. Hopefully, my reports can give some inspiration to you as well. For the second year in a row - July is the best performing month in my…

Being a proud father of one little princess, and being an active and growing portfolio investor, in today's stock watchlist series I want to speak about two great "baby stocks" - Kimberly-Clark and Procter&Gamble. If you ever have changed a diaper you will know these companies because of Huggies and more famous Pampers brand diapers Both companies will be a good fit in almost every portfolio, both are more than 100 years old, and what's interesting, both companies currently offer pretty…

Welcome to the #14 dividend income report, covering earnings I've made from the dividend-paying stocks (Baltic and European) and peer to peer lending (both fiat and cryptocurrencies). Last June turned out much better than I thought before, more precisely it turned better $40 thanks to the bitcoin lending on Poloniex.com  The total income generated in June was the highest so far for 2018. Disclosure: This article contains affiliate links to mintos.com peer to peer lending website, by clicking…

Confessions of a day trader is an interesting term, I first discovered about a year ago - a guy from Norway, living in Riga, contacted me about some issues with doing business in Georgia. That guy turned out to be a day trader, writing a popular blog on day-trading. Here is the blog: Quantified Strategies I thought - hmm, that's cool - Confessions of a day trader, sounds really cool. But that's all I stopped there. The thing is, I don't feel like a day trader and in fact, I'm not (at least in…

I'm still on my way of building a million dollar retirement account from scratch by the time I will turn 60 (in 2045). Right now, in June 2018, I've reached just about 1.87% from my goal. My investments this year have been spread across peer to peer lending, dividend-paying stocks, cash and of course cryptocurrencies. If you are interested in current progress, see dividend income reports.  Originally I had an idea of building monthly dividend paying stock portfolio from the Baltic equities. I…

Disclosure:  This article contains affiliate links to mintos.com peer to peer lending website, by clicking on links on this page and by making an investment on mintos.com, I might earn affiliate income at no cost to you. Also, I'm not a financial advisor and I don't give you any advice, I'm just sharing my own experience. Investments in stocks, funds, bonds or cryptos are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset.…