Category: Financial Transurfing
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Shares to Reduce Risk II
In the first part of this series, we saw how 17th-century Dutch shipping companies turned to private investors and insurers to share the risks of commercial expeditions. They issued low-cost shares, promised profits, and took out insurance to cover potential disasters. You put up the money, they put up the ship. Now it’s your turn…
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Shares to Reduce Risk I
Did you know that concepts like stock markets, joint-stock companies, and insurance, in the modern sense we understand them today, already existed more than four centuries ago? And in more primitive forms, I’d dare say since the dawn of time. In 1602, the Dutch East India Company (VOC) was founded in Amsterdam. It is considered…
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You’re doomed to be a midwit… but not forever
One of my favorite memes —and also one of the most popular in recent years— is the bell curve meme with three characters. It’s known as the “midwit meme” or “IQ bell curve.” Let me walk you through it step by step. Picture a bell-shaped curve. On top of it, you see three characters: To…
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$1 Million Now or a Penny That Doubles for 30 Days?
Imagine this:You’re offered two options. Option A: One million dollars right now.Option B: A single penny. Just one. But with one condition: it doubles every day for 30 days. Which one would you choose? At first glance, the decision seems obvious. But if you think about it, this question isn’t really about math. It’s about…
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Financial Transurfing: The Freedom to Move in Your Financial Life
We’ve all seen those financial projections that tell us that if we religiously invest in an index fund, in 50 years we’ll be millionaires. It sounds great on paper, but there are two problems: First, we don’t know if we have 50 years ahead of us. Second, even if we do, what’s the point of…
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So, you earn a big salary. Now what?
Let me tell you something: earning a good salary doesn’t make you special, nor does it resolve your deeper concerns. From an early age, we’re conditioned to follow a specific path—study hard, get a good job, earn a decent salary. It’s a well-trodden road, but have you ever stopped to wonder if it’s truly yours?…
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The Costly Mental Mistake That Keeps You from Getting Rich
Let me tell you something: our brain is an incredible machine, but it comes with a small design flaw. For thousands of years, we evolved in a world where almost everything followed linear rules. This way of thinking helped us survive, but it backfires when we deal with exponential growth. And trust me, this affects…
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How to Break the Cycle and Take Control of Your Money
If you feel like your finances are out of control—like an invisible force is pushing you to spend more than you should, live paycheck to paycheck, or repeat the same money patterns over and over—you’re not alone. There’s something bigger at play. And no, it’s not simply a lack of discipline. To understand it, we…