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Erik Bassett
Erik Bassett

168 Followers

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Published in Making of a Millionaire

·Pinned

3 Glaring Signs You’re Becoming Too Frugal

What do they have in common? — Frugality isn’t the whole path to solid personal finances, but it’s an essential foundation. However, it’s easy to go overboard with too much of a good thing. You might say that frugality is like salt. Every dish benefits from a pinch, but you can quickly overdo it. Before you know…

Personal Finance

4 min read

3 Glaring Signs You’re Becoming Too Frugal
3 Glaring Signs You’re Becoming Too Frugal
Personal Finance

4 min read


Published in Curious

·Pinned

Solitude Is An Introvert’s Superpower

But anyone can try it and see. — I always took umbrage at being called an “introvert,” until I understood what it actually means. It’s not a matter of fearing or disliking or being awkward around people. It’s just a deep-seated preference for the inner life over the outer. But growing up in an American culture that glorifies…

Psychology

4 min read

Solitude Is An Introvert’s Superpower
Solitude Is An Introvert’s Superpower
Psychology

4 min read


Pinned

Stumped By Stock Options? Here’s The Intuitive, Chart-Free Explanation You Need

Options open up all sorts of great ways to very safely coax more returns out of your investments, or even just spare cash. Ignore the course-slinging hucksters, ignore the occasionally lucky but degenerate speculators, and you’re left with an incredible tool in your financial toolbox. Even as an avowed financial…

Options

18 min read

Stumped By Stock Options? Here’s The Intuitive, Chart-Free Explanation You Need
Stumped By Stock Options? Here’s The Intuitive, Chart-Free Explanation You Need
Options

18 min read


Published in Making of a Millionaire

·Pinned

Financial Knowledge Matters, But This Matters More

My twenty-first birthday was a sloppy parade of inebriated embarrassments. Never one to party as a teenager, something about a first night of state-sanctioned intoxication was too enticing to refuse. …

Personal Finance

6 min read

Financial Knowledge May Matter Less Than You Think
Financial Knowledge May Matter Less Than You Think
Personal Finance

6 min read


Pinned

4 Overrated Productivity Maxims You Can Ignore

For better or worse, we’re in a golden age of productivity advice. We’ve never known more about the tactics, habits, and even mindset behind good work. There’s research galore on all the above. …

Productivity

5 min read

4 Overrated Productivity Maxims You Can Ignore
4 Overrated Productivity Maxims You Can Ignore
Productivity

5 min read


Nov 30, 2022

The No-B.S. Guide To Getting Started Bike Commuting

What I wish I’d known 10,000 miles ago. — I got on a bicycle around age four and never stopped. As a kid, my best friend and I would tear up the paths in the woods by our neighborhood. …

Cycling

9 min read

The No-B.S. Guide To Getting Started Bike Commuting
The No-B.S. Guide To Getting Started Bike Commuting
Cycling

9 min read


Oct 26, 2022

These Two Cognitive Biases Are Why You Lose Money Trading Stocks

But can you avoid them? — Our brains are marvelous. They help us make intuitive sense of vast amounts of information in a way that computers can’t replicate. Our brains are also flawed. They’re susceptible to cognitive biases: systematically incorrect perspectives that distort our view of reality. Nowhere does this show up more dramatically than in…

Money

5 min read

These Two Cognitive Biases Are Why You Lose Money Trading Stocks
These Two Cognitive Biases Are Why You Lose Money Trading Stocks
Money

5 min read


Oct 25, 2022

“Overemployment” Is A Sign Of The Times

Two jobs are better than one? — We’ve all heard about, known, or even been (I won’t tell!) full-time employees running a side hustle on company time. I’ll stop short of recommending that practice, especially since many contracts explicitly prohibit it, but you have to admit there’s a certainly rationality about it. And I recently learned of…

Personal Finance

3 min read

“Overemployment” Is A Sign Of The Times
“Overemployment” Is A Sign Of The Times
Personal Finance

3 min read


Sep 27, 2022

Covered Calls, Cash-Secured Puts, Or Credit Spreads?

The pros and cons of three popular strategies. — Covered calls, cash-secured puts, and credit spreads are wildly popular strategies for selling options. And for good reason. All three can instantly turn cash or shares into cash flow. And depending on your life situation and risk tolerance, they can be a significant source of income. But is there a…

Money

10 min read

Covered Calls, Cash-Secured Puts, Or Credit Spreads?
Covered Calls, Cash-Secured Puts, Or Credit Spreads?
Money

10 min read


Sep 1, 2022

Google Told Me How To Build A 5-Figure Asset

Sometimes it really is this simple. — It sucks to wonder whether anyone cares what you have to say. If you’ve heard about this whole niche blogging side hustle, then fair warning: you’re going to deal with that uncertainty all the time. I sure did. I spent months writing heartfelt and frankly good posts that reached next…

Blogging

5 min read

Google Told Me How To Build A 5-Figure Asset
Google Told Me How To Build A 5-Figure Asset
Blogging

5 min read

Erik Bassett

Erik Bassett

168 Followers

Field notes from a (sometimes) simple life.

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