Category: Business

Millionaire Interview 219

Here’s our latest interview with a millionaire as we seek to learn from those who have grown their wealth to high heights. If you’d like to be considered for an interview, drop me a note and we can chat about…

To get ahead as an introvert, act like an extravert. It’s not as hard as you think

Leadership is a human universal. It can even be seen in other species, which suggests it may be an evolutionarily ancient process. A common personality trait of “natural” leaders is a higher than average level of extraversion. Research consistently shows…

Polkadot Flips XRP to Become the Fourth-Ranked Crypto After Price Spikes 100% in Less Than a Week

Dot, the native token of the Polkadot network, has flipped XRP to become the fourth-ranked token after its price rallied by more than 40% in just 24 hours. Since January 11, the token has now gone up by more than…

Bahamas-Based Deltec Bank Holds a ‘Large’ Bitcoin Position

Bahamas-based Deltec Bank & Trust said during a recent video review that it’s holding a “large position” in bitcoin. The information was given by their chief investment officer, Hugo Rogers. Deltec Executive Discusses Bitcoin Position According to the video uploaded…

CEO Sentenced to 18-Month Jail Term for Accepting Bitcoin Bribes to List a Cryptocurrency

A South Korean court has sentenced the former CEO of the defunct crypto exchange Coinnest to 18 months in prison. The court also fined him over $61,000, who also was charged for fraud in 2020. Prosecutors Accused Coinnest Executives of…

Alternative Housing Stories

My post titled How to Live in Airbnbs for the Price of an Apartment Lease generated a lot of conversation about alternative housing arrangements. There were several comments from people who had actually taken steps to go from a more…

Government funds are not ‘taxpayer money’ — media and politicians should stop confusing the two

Rhetoric plays an important role in tax debate and therefore tax policy. If your side manages to gain traction in the public imagination with labels such as “death tax” or “dementia tax”, you have gone a long way to normalising…

All eyes on Federal Reserve chair Jerome Powell as interest rates creep higher

With long-term U.S. interest rates creeping higher and the stock market rally looking increasingly bubblicious, market participants will have a keen eye on remarks by Fed chair Jerome Powell today at Princeton University. Why it matters: The uncertainty created by…

Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple

Grayscale Investments is shutting down its Grayscale XRP Trust and liquidating its XRP holdings in order to distribute cash proceeds to the trust’s shareholders. The firm cited difficulty in converting XRP into U.S. dollars following the lawsuit filed by the…

Democrats seek progressive overhaul of the U.S. financial system

Now in control of Congress, Democrats are looking to give the U.S. financial system a progressive overhaul, incoming Senate Banking Chairman Sherrod Brown said Friday. It will be a tall task. What we’re hearing: “This committee in the past has…

Darknet Giant Darkmarket Shut Down, Alleged Operator Arrested

The authorities in seven countries and Europol have jointly taken down Darkmarket, one of the largest darknet marketplaces. The action was taken after the marketplace’s alleged operator was arrested in Germany. Authorities Shut Down Darkmarket Europol announced Tuesday that darknet…

What Comes after ESI? The ISE Phase of FIRE

We discuss a lot in the Millionaire Money Mentors forums. Sometimes we are fun, sometimes we are practical, and sometimes we get into theory and philosophy. This post mostly covers the last two areas. It came about in a discussion…

Indonesia’s aviation safety has improved, but a lot remains to be done

The Sriwijaya Air Flight 182 disaster serves as a warning for aviation safety regulators, not only in Indonesia but worldwide. Four minutes after taking off from Jakarta in heavy rain on January 9, the Boeing 737-500 nosedived into the ocean,…