Regarding eCom, do you always recommend starting with affiliate marketing and then transitioning into your own product in that niche? Or can you just research hot products using tools like Ecomhunt, test them on a Shopify store with a "broken" checkout button, see which ones you can run profitable FB ads for and then order inventory once you find a winner?
This is great. Regarding housing costs - what are your thoughts on buying a primary home - taking a mortgage and letting inflation eat the payment, vs just continuing to rent and invest more?
Eye opening post as usual BTB, esp for NGMIers like me
2 Qns:
1. Where do you suggest I hold my 6-months-expense emegency fund if not in a (negative yield) Savings account?
2. Where do I learn about E-commerce from Zero (I'm a doctor, always looked down on e-commerce in the past, recently interested in exploring this option as a side hustle) - Whats a no-fluff, realistic guide on this? I am looking for a business I can start, I need to know if I have the skills necessary for this . I'm based in India
My current macro perspective bottom lines with institutions rugging everyone next Spring/Summer and sucking up every BTH and ETH they can get their hands on through an 80-90% crash.
The top? Whatever the on-chain expert bros we all follow say...
Will you be going over a strategy of taking risk off the table towards the top, that we can then use to buy the next big dip going into the bear market. I expect everyone who’s NGMI are going to buy lambos and Rolex’s at some point.
Hey BTB, do you think it's necessary to get out of fiat across all countries? If we lived in countries with well-managed central banks (eg Singapore), is the advice still to move away from cash?
Yes it is my day job but I’ve always been skeptical on a rental tax. Too many current Senators and Congressmen either own large real estate portfolios or are beholden to those that do. The billionaire tax I think is how they try to raise revenue and they try to lower housing costs via rent control (won’t work) and building government owned housing of some sort in mass.
Regardless of all that it’s almost impossible to front run Blackstone, Zillow et al in the single family rental business. Margins are already too tight, might as well just throw cash into a REIT if desperate for RE exposure and focus time elsewhere like Ecom, crypto, or sales. For the average guy only opportunities left are in niche asset classes like storage, trailer parks, small apartment buildings, small strip centers, etc especially in secondary markets.
Look forward to the commentary on DAOs moving in the wrong direction….see you Wednesday.
Buy an AR-15 or invest in crypto/ecommerce? 😂 Will be researching some profitable niches that don’t have too much overhead
BTB,
Any updates from the Terra Luna team? Would be interested to see your thoughts on this project.
Regarding eCom, do you always recommend starting with affiliate marketing and then transitioning into your own product in that niche? Or can you just research hot products using tools like Ecomhunt, test them on a Shopify store with a "broken" checkout button, see which ones you can run profitable FB ads for and then order inventory once you find a winner?
This is great. Regarding housing costs - what are your thoughts on buying a primary home - taking a mortgage and letting inflation eat the payment, vs just continuing to rent and invest more?
Eye opening post as usual BTB, esp for NGMIers like me
2 Qns:
1. Where do you suggest I hold my 6-months-expense emegency fund if not in a (negative yield) Savings account?
2. Where do I learn about E-commerce from Zero (I'm a doctor, always looked down on e-commerce in the past, recently interested in exploring this option as a side hustle) - Whats a no-fluff, realistic guide on this? I am looking for a business I can start, I need to know if I have the skills necessary for this . I'm based in India
As the cost of living rises along with the energy crisis & supply chain issues, do you think we're heading towards a global recession?
Always great content, free and paid. Thanks.
My current macro perspective bottom lines with institutions rugging everyone next Spring/Summer and sucking up every BTH and ETH they can get their hands on through an 80-90% crash.
The top? Whatever the on-chain expert bros we all follow say...
Just wanted to say that "out loud".
Will you be going over a strategy of taking risk off the table towards the top, that we can then use to buy the next big dip going into the bear market. I expect everyone who’s NGMI are going to buy lambos and Rolex’s at some point.
Hey BTB, do you think it's necessary to get out of fiat across all countries? If we lived in countries with well-managed central banks (eg Singapore), is the advice still to move away from cash?
software has to be updated constantly it is a living breathing thing
Yes it is my day job but I’ve always been skeptical on a rental tax. Too many current Senators and Congressmen either own large real estate portfolios or are beholden to those that do. The billionaire tax I think is how they try to raise revenue and they try to lower housing costs via rent control (won’t work) and building government owned housing of some sort in mass.
Regardless of all that it’s almost impossible to front run Blackstone, Zillow et al in the single family rental business. Margins are already too tight, might as well just throw cash into a REIT if desperate for RE exposure and focus time elsewhere like Ecom, crypto, or sales. For the average guy only opportunities left are in niche asset classes like storage, trailer parks, small apartment buildings, small strip centers, etc especially in secondary markets.
Will coding become a commodity as more people learn it and no-code gains traction?