Hacked: Hacking Finance

Hacked: Hacking Finance


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Protect Your Savings: Central Banks, the Inflation Fallacy, and the Mountain of Debt

Posted on June 26th, 2017.

Since the end of the financial crisis, or some would say that since we entered the eye of the storm, central banks all over the world continued to pursue “extreme” measures to prop up the world’s economy and avoid a deflationary spiral. So far, we can say that the experiment worked, although the underlying problem, debt, didn’t go...

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If I had a Superpower I would be: Moneyman

Posted on June 25th, 2017.

I watched a show from the White Rabbit Project on Netflix about superpowers yesterday. They were trying to find out which superpower would be the best to have. They were testing exoskeletons, flying like “Jetman” (see video below), and freezing objects with liquid nitrogen. All of these “superpowers” are out of...

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Start Practicing Mental Risk Management Now

Posted on June 23rd, 2017.

Risk and money management methods are very easily accessible nowadays. A plethora of different order types for trading and investing purposes, dozens of assets designed just to protect your capital, and excel sheets, programs, and applications that help you in optimising your portfolio are readily available for free or for a very low...

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You want to be Rich? Here is the Most Important Step

Posted on June 21st, 2017.

I’m fascinated by innovation, entrepreneurship, and intrapreneurship (entrepreneurship within companies). That is one of the reasons I joined Wilhelmsen as a Digital Trainee this January. I’m working on many mindblowing projects where one is 3D printing, and another is Smart Ropes (putting sensors within ropes to measure...

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My Most Important Lesson I can Teach You for Making Money

Posted on June 18th, 2017.

I’ve been an entrepreneur since I was 16 years old. I started investing and playing poker when I was 17 years old. One day I skipped school because I bought warrants for 1 200 USD and I wanted to monitor the situation. Within 3 hours I made $5 000. I sold it quickly and went to school. During a sociology class in high school, I...

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Financial Freedom

What makes a good life?

Posted on June 15th, 2017.

I watched an interesting presentation on what makes a good life by Robert Waldinger yesterday. I was searching for an inspirational talk on “How to be successful” (blablabla), but I discovered Robert’s talk instead. And I believe the video is quite important for Gold Members of Hacked, as it is to me. I know that for...

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So, I just Bought our Dream House for 900 000 USD

Posted on June 13th, 2017.

As most of you know, my wife and I got a daughter in April. We currently live in an apartment on the east side of Oslo. It is a 68 square meter apartment with two bedrooms and one living room with an open kitchen solution. We have lived there for the last four years, and it has done wonders to us. It lays next to the underground station...

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Making Money on my Investments

Posted on June 8th, 2017.

My last investment has finally been completed. And the current investments is now making me money. Even if it’s moderate, I’ve made 640 NOK so far on the investments I’ve made since March 2017. I’ve explained earlier that I want to invest in low risk assets and indexes since I believe a market crash is due. If I...

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Our 22 Members in the 33% Club Have Gained More Than $123 000

Posted on June 5th, 2017.

A whopping 22 Gold Members have already joined the 33% Club pledging to invest a certain percentage of their monthly income. I’m investing 33% myself. What is more astonishing is the gains certain members have seen, and nearly no losses. If you want to make a similar pledge and join the club, look up “33% Club” on...

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Investing 33% of my Income for June

Posted on May 29th, 2017.

June is closing up and I’ve received the salary of May! I’m going to invest the same amount I invested in May, 20 782 NOK ($2400), and I’m adding an extra 5 000 NOK ($600) since I managed to increase my income in May. Also read: My Income is Rapidly Increasing due to These Measures I’m transferring the total...

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Financial Freedom

Double your trading account

Posted on May 24th, 2017.

A recurrent theme in the queries put before me is how best to become wealthy by trading.  We all want that of course.  But if it was easy, every trader here would be wealthy already.  The question I am asked is: “Can it be done if one starts small?”  IMHO it can be done and the best way is to just focus on doubling.  Doubling...

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People don’t Learn Finance; They Learn How to be a Slave

Posted on May 20th, 2017.

I find it mind-boggling that I did not learn a single thing about finances, personal economy and the current economic system in school. As far as I can remember – I’m 26 – we did not talk about personal economy during High School. The one aspect that has the largest effect on anyone’s lives. Even in college where...

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My Income is Rapidly Increasing due to These Measures

Posted on May 11th, 2017.

I’m a “born entrepreneur”. I always think of new solutions, new ways to do things, to solve problems. One of the biggest issues in the world for 99% of the population is financial security. That’s why I started Hacked. To help people see what I see. I want people to think like me, like an entrepreneur....

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On my way to $1 000 000

Posted on May 9th, 2017.

As I wrote in my previous post, I’ve decided to invest 33% of my income instead of 10% to reach my long term goal of $1 000 000 in equity. I changed it from 10% to 33% since I do not need more than 67% to pay for my mortgage and living expenses. My first investment (10 000 NOK = 1 200 USD) was in the Corporate Bond Fund...

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Invest, Trade or Create? What Gives You the Greatest Return?

Posted on May 7th, 2017.

I’ve done both professionally for more than ten years. My story One of my first endeavors included selling cookies and toys on a stand outside my mom’s apartment when I was 10. When I joined the school band at the age of 8, I played the clarinet outside the local store to raise money (I brought with me a friend that played...

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I’m Investing 33% of My Entire Income Instead of 10%

Posted on May 3rd, 2017.

Since I got employed as a Digital Trainee, I’ve ensured a stable income of 30 000 NOK per month after taxes. That’s around 3 500 USD, totaling 41 000 USD per year (after a 30% income tax). That is what I call my “baseline”. I know I will earn at least that much. Then I have two ventures as I’ve explained...

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Entrepreneurship

One Thing is Certain, You Will Lose Your Job

Posted on May 2nd, 2017.

Are you an employee? Do you have a full time job? One thing is certain; You will lose your job. Some professors and researchers claim that the rapid growth of automation will create new jobs for humans, just like the industrial revolution did. I even have a book called “Robots will steal your job, but that’s OK”...

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You Wanted to Become a Millionaire?

Posted on April 30th, 2017.

A couple of days ago I wrote my reflections around my first investment to reach $1 000 000 in equity. I received an interesting comment saying: Thanks for the honnest follow up. But……. You wanted to be a Millionair ??????. With this investmemt that is not going to work. You need to take risks for that. This is not a dumb comment, it is...

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My First Investment Towards $1 000 000

Posted on April 27th, 2017.

As I wrote in my previous post Join me to my first goal of $1 000 000, I was searching for my first investment to reach my main goal of $1 000 000 in equity. I am going to invest at least 10% of my monthly income in a low risk but high yield opportunity. I have done a lot of research on stocks, commodities, index funds, and even...

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Financial Freedom

How to Live a Minimalistic Life to Achieve Financial Freedom

Posted on April 23rd, 2017.

Our goal is to help you achieve financial freedom, and that doesn’t just mean we will help you properly manage and earn more money, we will help you change your attitude towards it. A great way to see life, in general, is through the minimalistic lens. It helps us understand what should truly be valued. Minimalism is to most of us a...