FinTekNeeks

From Minimalism To Tech

FinTekNeeks Weekly Recap – May 12, 2017

Posted in Money

We want to share with you some articles and videos that we have come across in the last week or so that we think provide insight and we find helpful, along with some of our content for newer readers. To save you time, we summarize what the content covers.

Articles and Videos

Here is a Ted Talk about the Marshmallow Challenge. It is an experiment done with wide variety of participants and their performance based on their groups. It may be anecdotal about MBA graduates, but it confirms our belief that sometimes it is a waste to spend all that money to get an MBA. Does having an MBA guarantee success for projects and programs?

One of my favorite satires by Juvenal, Satire 12. Preparation without excitement is a trap; excitement without preparation is foolishness:

Only remember in future, besides your bread and your bread-basket and your pot-bellied flagon, to take with you axes also for use in time of storm.

Weekly Podcast

In this week’s upcoming podcast, we’ll be covering the following questions that have raised concerns:

  1. Could investors be missing out on a major basket play?
  2. Is StorJ ripping off their user base?

We’ll also be reviewing the content for the week, while dropping a bonus.

Blast From the Past

Why I am holding onto my Bitcoin? Back in November, I presented why I am holding onto my Bitcoin. The price had dropped from $1100 to $900 in matter of days. Since I had bought it at a lower price, I was willing to take the risk. With recent price movements in Bitcoin price, I have to take caution. Going back to my reasons for holding, I need to make the determination to “hodl” or sell and wait for a pull-back. Right now, the price is still way above the 50 day moving average at around $1500. It would have been nice to see some sort of a slower increase in price, but that is just wishful thinking.

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Posts This Week on FinTekNeeks

What Is Tezos and How Will It Launch?

How Can the 3 Bitcoin Rule Help Investors?

How should I invest $10,000?

Should I invest in GBTC?

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