million dollar goal

Greetings from Goa, India. As we hoist the sails and set our course for 2024, I'm thrilled to share the compass points guiding my journey. I'm Reinis Fischer, CEO and Founder of Terramatris crypto hedge fund, and this year is brimming with exciting goals that promise to make waves in both my professional and personal life.It was shortly before midnight in Goa, India when I quickly wrapped up my goal for 2024 and with the help of my buddy ChatGPT we made them sound awesome:Hosting 4 Trading…

On August 22, 2023, TerraMatris Crypto Hedge Fund began its venture into the dynamic world of cryptocurrency trading, with a distinctive focus on options to propel portfolio growth. As we reflect on our journey thus far, the close of 2023 saw us strategically selling 1 Day to Expiry (DTE) put options on Ethereum and Bitcoin. A pivotal move, as the premiums garnered were promptly reinvested back into the crypto market. The initial results are promising, laying the foundation for what lies ahead…

Hey, I have decided to launch another interesting challenge - buying Apple stock for the next 52 weeks. My plan is simple, every Monday I will buy at least 2 Apple shares, so I have at least 100 shares with Apple stock by the end of the challenge. I guess there is no need to introduce what company Apple is and why this stock has found its place in many investor portfolios. I love this stock because it is a growth stock, has some dividends, last but not least, we can sell options on it. …

It is August 09, 2021, two days ago I celebrated my 36th birthday at the awesome Paragraph resort hotel near the Black sea in Georgia. Also, it has been already more than 4 years since I launched my original million-dollar saving challenge. Unfortunately, just recently I had to start over, and despite during the past 4 years I have learnt a lot - my savings account looks like a joke, barely reaching $10,000.  Now, when celebrating my 37th birthday, in 2022, who knows where, I want my dividend…

Last weekend we had a very nice and remote trip to the Vashlovani protected areas here in Georgia, we had a chance to sleep in a very remote place that was powered by solar energy and there was no internet connection. The last time I was in a place without an internet connection was some 7 years ago, and I already started to believe there are not any more such places. There are. Solar-powered Hotel Dalis Mta in Georgia Anyhow, while stargazing I had time to think, and I was thinking how…

About 2 years ago I started a simple, so-called 52 Week Money Saving Challenge. The rules for this challenge are very simple - to deposit in the first week one euro, in the second week - two, third week - three, etc. The amount after each week continues to grow, up to the last week of the year, when it is 52 euros. Back in 2018, I was saving in the jar, but I must admit I dropped the challenge in after some 6 months, as we were relocating from country to country and I didn't have any more…

Currently, we hold 17 stock, all but one are dividend-paying stocks. I have been building this dividend income stock portfolio since 2017. We have both monthly and quarterly paying stocks in the portfolio. As we are not thinking to increase the total count of stocks to more than 20 in 2020, we do plan to increase payment from the existing stocks, and here is the plan for 2020: monthly: at least $20/mo quarterly: at least $60/quarterly* Monthly stocks At the start of 2020, we hold 6 monthly…

I'm 34 years old now and I have a goal to save one million dollars by the time I will turn 60. Just 26 years to go. I've been documenting my journey towards financial independence for the last three years already. In today's article, I will review the past year of 2019 and take a quick glimpse at the New Year of 2020. Make sure to check out previous yearly review articles here: 2018 in Review and Financial Goals for 2019 2017 in Review and Financial Goals for 2018 In 2019 I made a huge…

On April 2nd, 2019, my net worth for the first time reached $25,000 Milestone.It took me 2 years and 3 months since I originally started my million dollar journey, and I was 33 years old.Here is what I told/forecasted back when first reached $10,000 net worth:If things will continue to be so bright in the future, I could reach a total net worth of $25,000 by the end of 2018, being 33 years old.Despite it was planned to get here some 3 months earlier, by the end of 2018, I still feel very great…

Starting in 2019, I'm raising a little bit my investment goal for US stocks, from now on the minimum stock purchase will be $600 or more.  I have increased my spending goal for about $50, which might seem like a modest, but actually is pretty decent. Investment Goal #4 - Minimum $550 Purchase for US Stocks With my current stock broker (Lynx broker) I'm paying a $5 commission for each US stock purchase. That's about 0.083% in commission. A small decrease if compared to previous 0.09% (in the…