Bitcoin has been one of the most lucrative investments to be in during the last few years, but will it continue to be so, say, in the next 5-10 years? A Bitcoin Bull and a Bitcoin Bear battle it out.
—
My main tool for fundamental screening and analysis of stocks: https://app.tikr.com/register?ref=tsi
(If you sign up I earn a small commission)
—
How the calculation on gold was made:
50 B.C. yearly salary (Caesar legionnaire) = 225 silver denarii = 9 aureus = 2.6 ounce of gold
Source: https://en.wikipedia.org/wiki/aureus
1900 average American yearly salary = 40/59 * $675 (40-hour week) = $458
Source: https://bizfluent.com/info-7769323-history-american-income.html
2019 average American yearly salary = $65,836
Source: https://policyadvice.net/insurance/insights/average-american-income/
50 B.C. price of 1 ounce of gold = 12/2.6 = 4.6 months of work
1900 price of 1 ounce of gold = $20.7 = 0.45 months of work
2019 price of 1 ounce of gold = $1,393 = 0.25 months of work
Source: https://www.statista.com/statistics/268027/change-in-gold-price-since-1990/
—
My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett – the greatest investor of our time – says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.
