Time for another update on my investment portfolio and my passive income journey. In this episode, I cover my regular monthly update and cover what I invest in and why. This is amateur investing at its finest! **Video Timestamps:** *00:00 Intro 01:48 Investing Updates 06:38 Portfolio Breakdown 08:36 Cryptocurrency Investments 22:15 Stock Investments 30:30 Dividends Vs Growth 33:55 Outro* ***Disclaimer: This is not financial advice and is purely for entertainment purposes. All my stock information is 100% accurate, but my crypto data may or may not be simulated*** I share everything so you can follow everything I’m doing with 100% transparency. The point of doing all this is to show you that it’s possible and provide some sort of framework that can be followed. This isn’t financial advice, and you shouldn’t exactly replicate my investing. What you should do is figure out what works best for you and stick to the basics of dollar-cost averaging, investing in good assets, avoid liabilities, compounding interest, be frugal, buy low, and sell high. **I cover my rules for investing here:** https://lbry.tv/@ScottCBusiness:4/Investing:d **Here is the breakdown for my investing and budgeting templates:** https://odysee.com/@ScottCBusiness:4/If-You-Want-To-Save-Money:7 **Investing Spreadsheet Template Link:** https://ufile.io/71mgq19h **Income Tracking Spreadsheet Template Link:** https://ufile.io/frde28j9 **Budgeting Spreadsheet Template Link:** https://ufile.io/5bc6sxor **Dividend Stocks Vs Growth Stock:** I invest in dividend stocks because they are typically much safer. I focus on very conservative stocks and aim for an average 5% yield for very realistic and practical returns that are consistent. I pick high quality companies and ETFs in mostly insurance, banking, real estate, and utilities to focus my wealth growth in safe sectors with some diversification. I invest all my dividends and compound my interest by buying more stocks and building up my passive income to eventually cover all of my expenses. So far it can cover my cell phone and 1 utility bill every month. **Crypto Vs Stocks:** I see crypto as a solution to many things. Bitcoin is an improved version of gold in a digital form. Ethereum offers me access to decentralized finance and coins like DASH or BCH offer me digital cash alternatives that allow me to pay for the majority of my expenses. Dividend stocks are a great way to retire in 10 years or less if I can save and invest at least 65% of your income. However, I believe that cryptocurrency may afford me the ability to retire significantly sooner and I am young enough to play with some risk. Ironically, I invest in cryptocurrencies that are considered fairly safe and conservative now. **Growth Crypto Vs Passive Crypto:** I earned passive income from lending, real estate, staking, and more with cryptocurrency. It was earning me a lot more income than my stocks were in comparison to my original contributions, but given I believe we are in a very bullish year, I have switched my focus mainly into growth cryptocurrencies by just buying and holding. **For the full report you can find it here:** Read.Cash: https://read.cash/@scottcbusiness/what-i-invest-in-why-amateur-investing-15-c9dabd2c Publish0x: https://www.publish0x.com/at-scottcbusiness/what-i-invest-in-and-why-amateur-investing-15-xlzjrnj Was this helpful for you? What stocks do you invest in? Do you prefer growth investing or building passive income? Do you invest in cryptocurrencies that pay out regularly? Let me know what you think about this in the comments below and don’t forget to subscribe! **This is a LBRY first video meaning it shows up on LBRY before it gets published anywhere else. If you’re not on LBRY, sign up and get started here: https://lbry.tv/$/invite/@ScottCBusiness:4**

This video will very briefly, but helpfully explain the current method to post media on your blog as some people used to traditional blog platforms have had some trouble and asked that I do a tutorial for this. I have also received other questions around editing published blogs or drafts as well as a few others on blogging on Minds. I will try to cover everything in this video and answer all these questions. In the blog version of this I will share screenshots and go through all that is covered in the video for my readers out there. Minds blog: https://www.minds.com/scottcbusiness/blog/how-to-post-media-in-blogs-on-minds-877783800359723008 ? You can also follow me on: YouTube - https://www.youtube.com/channel/UCDBycVghUbnimnzqirsU1Jg Steem - https://steemit.com/@scottcbusiness Minds - https://www.minds.com/scottcbusiness SOLA - https://sola.ai/scottcbusiness Gab - https://gab.com/scottcbusiness BitTube - https://bit.tube/scottcbusiness BitChute - https://www.bitchute.com/channel/scottcbusiness/ Twitter - https://twitter.com/Scottcbusiness Instagram - https://www.instagram.com/scottcbusiness LinkedIn - https://linkedin.com/in/scottcbusiness ? Support Me Via: https://www.subscribestar.com/scottcbusiness ETH: 0xE0d930a0aa8e57e037D749a868ade5682a34e88e BTC: 3MWhAo2pbrKLmhkRGj8WuTo2VzLVeuimTs LTC: MJMYVTL5iL9GvyQJcn7w7uiyUFMuSFDHke ... https://www.youtube.com/watch?v=P3b0_GjZihY

People get so caught up in not pursuing their passion that they don’t pursue their passion because of it. Sounds confusing so I’ll briefly break it down. This is a scenario that presents this, but it not the only instance where this would happen. So, let’s say it’s December 31st and New Year’s resolutions start tomorrow. You’re adamant that you will be doing something big and making a big step for yourself in the new year. “New year, new me” right? Well the thing for most people, we start to think about last year’s goals and realize that we barely stuck to it. We justify our efforts by saying we put some effort into it, but we can fire 1000 excuses as to why it didn’t happen. Then we start to get so caught up in justifying that we didn’t achieve the goals and how it was so out of our own control that we then feel trapped in a box of our own design where we try to set out next year’s goals and wonder if there is any point considering the 1000 things that you’re up against. So instead, they watch Netflix, play video games, doing anything to distract yourself instead of just sitting there in this self-defeated state that you brought on because you thought it would make you happy to not be the cause of your own failures last year. What really happens if you feel restricted, helpless, apathetic, guilty, upset, and ashamed that you could let this happen or that you live in a world where this is possible. On the flip side by taking on the responsibility of the consequences of all our actions and looking at what we can do every day, we can push even if 1% at a time to get exactly to where we need to be. This is what is plaguing our society right now, especially my generation. The rejection of responsibility and assumption that entertainment will bring us happiness, and it does in the short term only. Responsibility will bring us fulfillment which is a long-term effect that will keep you motivated AND happy. The thing is we can make ourselves happy doing all sort of horrible things, but typically fulfillment comes out of perseverance and the overcoming of obstacles and therefore people like Jordan Peterson have gained so much popularity. So many people in my generation are starving for responsibility but are struggling. So, when you have life goals set out, I think the most important thing is to make inches towards it at a time as much as you can and just be further along than the previous year. You should only compete with yourself. Change your mindset and you can change your life. ? You can also follow me on: YouTube - https://www.youtube.com/channel/UCDBycVghUbnimnzqirsU1Jg Steem - https://steemit.com/@scottcbusiness Minds - https://www.minds.com/scottcbusiness Publish0x - https://www.publish0x.com/at-scottcbusines ... https://www.youtube.com/watch?v=o5UIBS0ruFo

I recently had the chance to discuss TrustToken with Rafael Cosman who is the CEO and co-founder there. We covered what stablecoins are, the need for them, what they’ve built, and their Defi protocol called TrueFi. **Video Timestamps:** *00:00 Intro 00:40 About Rafael 03:10 Stablecoins & Trusttoken 04:40 The Trust Behind Trusttoken 08:33 TrueFi 16:04 Truly Decentralized Finance 20:05 Trusttoken Origins 21:45 Future Of DeFi 23:10 TrueFi Roadmap 27:10 Other Stablecoins 29:25 Next 5 Years 31:45 Outro* Trusttoken are the makers of the 1st compliant, independently attested digital dollar TUSD and 4 other global fiat-backed stablecoins, and the more recently launched DeFi protocol TrueFi, the deFi protocol for uncollateralized lending. You can earn high yields on stablecoin loans and borrow capital without collateral. Trusttoken aims to be the money for the new global financial system. TrustToken frees money to move to wherever it creates the most value – instantly. **These are some of the questions we went over:** • Can you tell us a little bit about yourself? • How and when did you originally get into cryptocurrency • Can you give us a brief introduction to TrustToken? • What problem does TrustToken solve? • Why is it important that we have stablecoins at all? • What makes Trust tokens different from other stablecoins? • What assets are backing TrustToken stablecoins? • What role does Defi have to play in cryptocurrency adoption? • What is the TrueFi protocol and what’s it all about? • How did TrustToken get its name and what was the original idea or motivation to start it? • What are the next big updates for TrustToken to release soon or that are in the works? • Where does TrustToken fit in with other existing similar projects? • Where do you see TrustToken going in the next year? The next 5 years? • So where can everyone go to learn more about this? Check out https://www.trusttoken.com/ for more information and to learn more about what they have to offer. And you can also check out their product Truefi here https://truefi.io/. What do you think about TrustToken? Will you try out Truefi? Let us know if you have any further questions on TrustToken in the comments below and don’t forget to like and subscribe as well! **This is a LBRY first video meaning it shows up on LBRY before it gets published anywhere else. If you’re not on LBRY, sign up and get started here: https://odysee.com/$/invite/@ScottCBusiness:4**