Author: Alberto

Wow!

This is some of the best advice I’ve ever seen in one place.

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What are the 10 or fewer good habits for a 24 year old to make life better?

My top 8 suggestions are the following:

  1. Sleep 8 hours a day, consistently.
  2. Save money: after you have set up a good emergency fund in cash, invest everything else in one or more low-commission, index-tracking, ETF funds, as soon as possible. The Vanguard 500 ETF is a good starting point. This must be a priority. Because compound interest takes time to produce its amazing results, the younger you start, the better. (I also recommend to Google: compound interest + dollar cost averaging).
  3. Stop eating outside: learn to cook your own meals and eat at home most of the times. Cooking at home will naturally push you to learn new recipes from different countries: many of these new recipes that I learnt turned out to be new “classics” at home. Delicious! Continue reading “What are the 10 or fewer good habits for a 24 year old to make life better?”
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What are some interesting facts about diamonds?

Nobody wants to buy a diamond.

The price of these stones is artificially inflated by De Beers and a small set of other diamond extractors, by artificially creating scarcity.

For decades, they had the marketing firepower and patience to invest in advertisement in order to induce people to believe that a diamond is the gift to make in order to celebrate a wedding or other joyful occurrences. In reality, the whole market is a scam artificially inflated by the astute players who rig it. Continue reading “What are some interesting facts about diamonds?”

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How can I improve myself in 6 months?

Self-improvement is a marathon which involves following a path different for each of us and my advice is as follows:

  1. Stop keeping cash in your bank account: start saving money and, after you have set up a good emergency fund in cash, invest everything else in one or more low-commission, index-tracking, ETF funds, as soon as possible. The Vanguard 500 ETF is a good starting point (also Vanguard’s VIG is very good). This must be a priority. Because compound interest takes time (like a decade or more) to produce its amazing results, the younger you start, the better. (Since many asked in the comments, I also recommend to Google: compound interest+ dollar cost averaging in order to understand the benefits of this double-pronged strategy). In this way, money in your bank account will grow steadily during the years and give you an invaluable peace of mind in case of emergencies and allowing you to take new opportunities down the road. Continue reading “How can I improve myself in 6 months?”

This is an absolute beauty.

Very practical and achievable. I Would love to hear a lot from you. Keep sharing the good thoughts. Thank you. 🙂