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My Money Wizard

Demystifying the Magic of Financial Freedom

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Investing

Am I a hypocrite for investing in crypto?

February 12, 2021 By The Money Wizard 46 Comments

crypto investing responsibly

  Yesterday, I made a bombshell announcement on the heels of Tesla’s bombshell bitcoin announcement. That’s a lot of bombshells?  Anyway, as the dust cleared, one shocking truth emerged… The Money Wizard had changed his portfolio allocation. Cryptocurrencies now made up a not-insignificant 7-8% of his portfolio. Even wilder, the nut admitted he was doubling […]

Filed Under: Investing

Tesla just bought $1.5 billion of Bitcoin. Could Bitcoin really hit $500,000?

February 11, 2021 By The Money Wizard 11 Comments

How’s this for a bombshell? Bitcoin cryptocurrency (otherwise known as that roller coaster of an investment that started as a nerdy experiment, quickly became the currency of choice for underground criminals, then got threatened with government shutdown, somehow made a comeback, and along the way accidentally created thousands of unexpected millionaires and billionaires)… Yeah, THAT […]

Filed Under: Investing

How Warren Buffett doubles his money every two years. (And how you can too!)

January 18, 2021 By The Money Wizard 7 Comments

how warren buffett doubles his money

What’s the magic moment when compound interest goes crazy? And why does it happen? When I was writing the recent article about my teenage stock market investments, I think I found the answer. It’s all about turning your portfolio into a money printing machine. Warren Buffett does this. I (accidentally) did it. And you can […]

Filed Under: Investing

This Chart Will Tell You How Much Every $1 You Invest Will Be Worth by Age 60

December 17, 2020 By The Money Wizard 12 Comments

$1 in the future chart - featured

When I first started investing money, one of the most exciting ideas was the concept that every dollar I saved could be worth so much more money in the future. But exactly how much more? I thought it’d be fun to find out. For some #ThursdayMotivation (is that a thing?) I ran some calculations to […]

Filed Under: Investing

How to Buy Physical Gold Bullion (A Guide for Total Beginners)

October 26, 2020 By The Money Wizard 17 Comments

how to buy physical gold bullion

Imagine you were born in a middle-upper class country. Naturally, you spend most of your life believing you live in a stable economy. For decades, your parents earned a modest salary that placed their wages solidly within the “well off” corner of global stage; the local currency sported an exchange rate to the global currency […]

Filed Under: Investing, Saving Money

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I'm the Money Wizard, a 20-something who started this blog after I saved $100,000 by age 25. Now, I'm sharing everything on my journey towards early retirement in my 30s.
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I track my net worth and spending every month, and I share all the details (even when they're not pretty) here:

Current Net Worth: $588,800

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