Do you want to build wealth? Asset allocation is the process of dividing your portfolio into stocks, bonds, and cash. A famous 1990 study by Kaplan and Ibbotson proves that asset allocation is the most important investment decision for your investment success—far more important than selecting individual securities within the broader asset classes stocks, bonds, …
This One Tool Controls 90% of Your Investment Success Read More »
Today, I got the following message from one of my freelancer webinar course members: “I am in the same situation as you were. I am in a PhD program and have a family. I would love to get started with freelance programming. You have to understand what you offer [The Python Freelancer Course] is very …
How Not to Waste Time and Money? (And Crush it in Business) Read More »
In my Python freelancer course, I get a lot of ambitious programmers who want to earn money online. Many of them ask the question of how on earth they can generate passive income as a programmer. Well, the answer is obvious to me—but many upcoming freelancers are surprised by this opportunity. Today I want to …
How to Get Passive Income as a Programmer with Blogging? Read More »
If you create an online coding business, you’ll need traffic like blood through your veins. Traffic gives you what Donald Trump calls “Deal Flow”—the ability to continuously improve your conversion and create new opportunities. However, creating organic traffic is a long-term strategy that does not only take a lot of time until your blog gains …
How to Get Traffic for Your Online Coding Business Without Spending a Lot of Time? Read More »
Have you ever calculated your market value as a Python developer? When estimating the value of a company, analysts often use multiples of its yearly earnings. Let’s take this approach to come up with a rough estimate of how much your Python skills are worth. Say, we are taking a low multiple of 10x of …
1.1 Million USD — How Much You Are Worth as an Average Python Coder? Read More »
First of all, I have no clue when the next market crash will come. Neither is it important to know the exact date. Having said this, there are many clues that the next market correction may come soon. The FED may expect it as indicated by the flattening yield curve of US government bonds. Yet, …
No matter where you live, relying on the government to take care for your retirement is a stupid gamble—with your future at stakes. Nobody can see even 10 years into the future. And your government cannot guarantee to you that they will fund your retirement—you don’t even know how your government will look like in …
A Simple Formula on How to Invest for Retirement as a Self-Employed Freelance Coder Read More »
Investing is the most natural thing in the universe. Trees invest energy into seeds. Parents invest time, money, and sleepless nights into their children. Companies invest in employees. States invest in public school systems. They invest because they expect growth of their investments. The one who invests more and smarter has a huge structural advantage. …
