Hacked: Hacking Finance

Hacked: Hacking Finance


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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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Blog

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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Blog

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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Blog

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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Blog

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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Blog

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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Blog

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...

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Financial Freedom

Join me to my first goal of $1 000 000

Posted on April 17th, 2017.

I started Hacked.com with an intense desire to help our members in understanding finance and give them tools and analysis to take better trading decisions. Our core goal is to help our members become financially independent, either by investing, trading or starting a business. What is important to know is that there are no get rich quick...

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Financial Freedom

How to Set Up a Budget

Posted on April 12th, 2017.

It’s important to have a good budget that will help keep your finances in check. The right budget doesn’t just help you know where your money is going, it helps you identify flaws in your spending habits and ultimately allows you to be more efficient with money, while possibly having fun. It isn’t easy to create a good budget, but in...

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Articles

How to Start Your Investment Portfolio: Is the Crypto Space the Place to Invest?

Posted on March 28th, 2017.

The idea of investing for the average person can often seem like a daunting prospect. Many people may be put off by the idea of investing their hard-earned cash, let alone what they should invest in. Not only that, but the rise in digital currencies such as Bitcoin and Ethereum is further adding confusion as to whether this is a good...

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Articles

Totally Private Transactions With Cryptocurrency

Posted on March 27th, 2017.

Bitcoin’s true purpose is argued about. Some believe it is a store of value similar to gold, and that transaction fees should not matter due to this. Others, however, believe it is meant to be digital cash. When you hand over cash to a gas station cashier, there is no record besides the receipt. No one necessarily knows where that dollar...

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Articles

2. Lesson: Never Lose Money

Posted on March 26th, 2017.

One of the most critical factors for gaining wealth and reach financial freedom is to never lose money. It is far easier to lose money than to gain money. Whether you are an investor, a 9-5 employee, an entrepreneur or freelancer, you have either lost money on investments or spent money on useless products. You have to protect your money...

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Articles

How Can You Invest and Grow Your Money from $5?

Posted on March 22nd, 2017.

Tina Seelig, executive director of the Stanford Technology Ventures Program, is the author of the book ‘What I Wish I Knew When I Was 20.’ In the first chapter of her book, ‘Buy One, Get Two Free,’ she asks the question: what would you do to earn money if all you had was five dollars and two hours? This was an experiment she gave to the...

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Articles

Could a Warren Buffett Emerge Today?

Posted on March 21st, 2017.

Could someone today do what Warren Buffett did and parlay a $105,000 investment into more than $50 billion? In considering the things Buffett did to become the world’s wealthiest man, the answer is yes. But comprehending the things he did takes a measure of study. Not to mention the commitment needed to execute it. Much has changed...

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Articles

How to create a website or blog in less than three minutes

Posted on March 18th, 2017.

Most of the websites that I’ve built use WordPress which is by far the most comprehensive and easy to use content management system (CMS). I’ve been using WordPress since 2010, and both Hacked.com and CryptocoinsNews.com are using the CMS. WordPress is constantly updated by the WordPress Team and best of all: It’s...

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Articles

Do you think about starting your own business?

Posted on March 13th, 2017.

There is no secret that one of the most sound way to become a “billionaire” or a wealthy person is to start your own business. Most millionaires and billionaires that are “self made” have earned their money by running successful businesses. I’m not saying that you should run a business to become...

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Articles

My own longterm goals, what are yours?

Posted on March 11th, 2017.

All humans are genetical programmed to find the easiest solution. In most cases that works well, but for reaching a long term goal you would need to find patience and have a strong will. There has been done a lot of experiments on children where they have been studied in different tests and then been examined again at later stages of...