This calculator gives you a simple idea of whether it’s better for you to buy vs rent — given your individual assumptions: Monthly Rent: House Purchase Price: Down Payment: Interest Rate (%): Loan Term (years): Annual Growth Rate of Real Estate (%): Investment ROI for Renters (%): Calculate Net Worth Not financial advice! 🙂
The Finxter mission is to help you stay on the right side of change. To do that, you need to own or control assets because the economy consists of capital and labor. When do you reach financial freedom under different investment assumptions? Let’s find out! 👇 Initial Value ($): Monthly Contribution ($): Annual Return on … Read more
The economy is capital and labor. Historically, intelligent labor has been the limiting factor. With the rise of LLMs, generative AI, and robotics, labor is poised to become infinitely scalable. The bottleneck of intelligent labor is now resolved. Each time we remove a bottleneck from a system, a new bottleneck emerges. The new bottleneck in … Read more
💡 Income certainty is a costly luxury – you’re better off sacrificing it long-term. As an entrepreneur and investor who has navigated the tumultuous waters of income generation, I’ve come to understand the profound difference between earning a fixed hourly rate and embracing the uncertain yet potentially explosive world of probabilistic income. This journey of … Read more
👶 “A 4-year-old child has seen 50x more information than the biggest LLMs that we have.” — Yann LeCun (Professor at NYU) source Feel free to listen to the interview with top-notch AI experts including Yann LeCun here: What are some implications from this that help us to be positioned on the right side of … Read more
💡 Disclaimer: This isn’t financial advice! DYOR and talk to a professional before making any investment decisions. Finxter is all about staying on the right side of change. I have always believed in simple strategies like buying and holding good companies. This backtesting study peeks into the past decade, mapping out a journey where a … Read more
Based on the latest scientific research, here are five evidence-based tips for individual wealth accumulation: Tip 1: Manage Your Mind and Money Be aware of your cognitive biases, reduce financial dependency, and understand your risk tolerance. Practice tax-efficient strategies and balance work commitments to enhance your financial and life satisfaction. Check out this table exemplifying … Read more
The previous graphic is from McKinsey (source) and shows that traditional players in the financial industry (banks!) are aware of the threat AI poses to their business models. With the convergence of crypto and AI, the disruption is coming quickly. And companies with higher satisfaction through AI make more money! 👇 By the way, Finxter … Read more
Not financial advice – I’m not a financial advisor and I own some of the companies in this article. Can I Buy OpenAI Stock? Initially founded as a non-profit, OpenAI later created a for-profit arm to attract capital and is now structured as a capped-profit company. As of 2024, you cannot buy OpenAI stock in … Read more
“The future is already here, it’s just unevenly distributed.” — William Gibson Tesla’s humanoid bot, “Optimus“, is not a mere vision anymore. Real bots are built, doing real work. I’ve written two articles attempting to value its impact on the TSLA stock price in the long term: But to conduct a realistic valuation, we first … Read more
💡 Disclaimer: I own TSLA and this is not investment advice. Most people, when thinking about Tesla, primarily consider its car models like the Model 3, Model S, and the recently launched Cybertruck. Enthusiasts often discuss its role in promoting safe driving, the potential of its robotaxi fleet network, and the expected profits these innovations … Read more
In this article, I’ve compiled the 16 greatest quotes by Charlie Munger. I’ve consumed hundreds of hours of video material and myriads of quotes. These are the ones that I found most helpful to help Finxters stay on the right side of change. 👇 Life’s Challenges and Opportunities #1 – “Life’s Series of Opportunity Costs” … Read more