Author: hometime.hu
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The Invisible First Steps Toward Homeownership
The lawyer has put the files away, and the real estate agent is already working on his next commission. There you stand, key in hand, in front of a newly acquired valuable asset, and suddenly you realize: from here on out, you’re on your own. If you purchased the property not as an investment or…
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Delegation in private life
As entrepreneurs, managers, or investors, we know exactly what delegation is. We hand off tasks that don’t require specialized expertise to others so that we can focus on the work that really matters. Why shouldn’t we do the same in our personal lives? The math behind “waiting costs”: Let’s say your internet service provider gives…
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Time › n?! – The Math Behind Your Most Valuable Asset
As an economist, I learned how to diversify my portfolio, how to seek higher returns, and how to manage my capital. However, there is one asset to which the general rules of the market do not apply: time. The formula is simple: while, for example, the amount of available capital (n) can in principle be…