by elmads Introduction The time value of money is a financial concept that explains that every amount of money that we receive, save, and invest has a corresponding opportunity to grow more in the future. Let me give you an example. Let’s say you have $1,000 right now. What can Read more…
by elmads Introduction “Give me a firm place to stand and a lever, and I can move the earth.” -Archimedes Lever, an invention of our ancestors that substantially spurred human progress. It is used as a means to move a heavy or firmly fixed load with one end when pressure Read more…
by elmads Introduction “I don’t know if I’ll be able to run 21km, 42 km, and ultra marathons in the future, or if I’ll still be willing to train and push myself to reach that level of distance running. But I’ve already learned my lesson, and I’ll never ever question Read more…
by elmads Introduction I’m a strong advocate of personal finance and investing. While it is an area and field where we always talk about money, not all advocates of this think about and live for it 24 hours a day. I actually don’t blame others if they think that such Read more…
by elmads Introduction “When defeat comes, accept it as a signal that your plans are not sound, rebuild those plans, and set sail once more toward your coveted goal.” – Napoleon Hill From the start of the year until June 1, 2023, the S&P 500 had an approximately 10% return. Read more…
by elmads Introduction Have you ever encountered these miniatures? or groups of individuals around a certain table with a miniature landscape? or probably a person whose hobby is painting miniatures such as the ones in the photograph below. At first, I thought these miniatures came from console games or probably Read more…
by elmads Introduction I started investing when I was 23 years old—this was back in 2013, and it was all thanks to my dad. He encouraged me to start as soon as possible, which I did, but not immediately, a lot of things happened before I followed his advice. I Read more…
by elmads Introduction Investing is a word that we’ve been constantly encountering in today’s information age. A word that has always been heavily marketed by the financial industry but is often misunderstood by people. It is so broad that people don’t even know where to start because there are multiple Read more…
by elmads Introduction Investment is a word widely used in the financial world. It is a word that automatically corresponds with money. But what if I told you that investing is not just about money? that it can also be used in other aspects of our lives. Let’s define investing, Read more…
by elmads 𝗪𝗵𝗼 𝗰𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝗯𝗲 𝘄𝗵𝗲𝗻 𝘆𝗼𝘂 𝗴𝗲𝘁 𝘁𝗼 𝗳𝗶𝗻𝗱 𝘆𝗼𝘂𝗿 𝘁𝗿𝘂𝗲 𝘀𝗲𝗹𝗳 𝗮𝗻𝗱 𝗳𝘂𝗹𝗹𝘆 𝗲𝗺𝗯𝗿𝗮𝗰𝗲 𝗮𝗻𝗱 𝘂𝗻𝗹𝗲𝗮𝘀𝗵 𝘆𝗼𝘂𝗿 𝘂𝗻𝗶𝗾𝘂𝗲 𝗚𝗼𝗱-𝗴𝗶𝘃𝗲𝗻 𝗴𝗶𝗳𝘁𝘀 𝗮𝗻𝗱 𝗮𝗻𝗰𝗲𝘀𝘁𝗿𝗮𝗹𝗹𝘆 𝗶𝗺𝗽𝗿𝗶𝗻𝘁𝗲𝗱 𝗰𝗵𝗮𝗿𝗮𝗰𝘁𝗲𝗿𝗶𝘀𝘁𝗶𝗰𝘀? I continuously see this unknown person in my mind, standing a couple of metres in front of me with a blindingly strong white Read more…