Books I read in 2H 2018

2018 turned out to be a great year for knowledge compounding by reading a wide variety of books. I took a conscientious decision in 2017 to quit some social media platforms such as Facebook and Instagram and whittling away my overusage of Twitter. I still see a lot of value in Twitter, so I find it hard to quit completely — especially since I get to connect with some brilliant people and have/follow interesting ideas and conversations in an easily digestable format.

In addition to quitting social media, I made a decision to reduce my consumption of news. Most of today’s news – be it financial media, political media etc is nothing but drivel that generates excessive noise, and I wanted to get rid of that from my life.  These little changes opened up so much time; allowing me to do more of what I wanted to do for the past few years: read more books.

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Personal Challenges & Habit Formation 3

This blog has always been finance and investment related, and I never shared much on the personal front. However, I figured I will share some of my personal goals that I have struggled with & achieved so far in 2018 — just because its something that I have been reading & thinking a lot about recently and find it interesting. My major personal goal for 2018 was related to habits (and habit formation). Over the years, I had fallen into some bad habits while letting go of the good ones; so I am making a conscientious effort to change things one month at a time.

These small incremental changes can have a profound effect over time. The benefit (and detrimental effect, in the reverse case) of compounding is something most investors are well aware of. Same concept applies to life and building those marginal gains and compounding them. This article from James Clear and the associated image conveys this point well.

You will notice that most of these challenges are health related. After finance, most of my focus & passion surrounds health. In addition, I am always looking to optimize things so that I can live longer and healthier life. This is a follow up post revisiting all challenges since Jan.

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Top Investment Picks Contest for 2019

Hi all,

I am compiling a list of top investment picks from the investing community. There is no prize, except bragging rights  As usual, this is meant to be a fun exercise to capture our collective ideas.

You can follow previous year’s picks here.

I have reached out privately to some of the people I regularly interact with, but if you haven’t heard from me, and would like to participate, please get in touch with me and I will add your entry. Be sure to include

  1. Your (blog) name
  2. Your top investment pick for 2019
  3. Reason why you think the pick is the best asset to invest in.

You can pick any asset you like – a stock, bond, commodity, a cryptocurrency etc. Please get your picks in before Dec 31. I will compile the list and post it on the blog in early January and track it through the year.

Best Regards,
R2R

Passive Income Update – Nov 2018

Welcome to our monthly passive income update for November 2018. This is part of the scorecard series where we track our dividends and other sources of passive income. We also include changes and updates related to our investments during the month – showing the overall progress.

Passive Income  Update

Passive income for the month of November 2018 was C$725.36. The passive income for the month comprised of US$135.63 and C$544.97 (exchange rate is US$1 = C$1.33).

The change for the month is 29.94% QoQ and -25.28% YoY for the month. This brings our passive income to $8,139.81 YTD and achieves 74% of our annual goal of earning $11K.

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