| Token | Current | Last Week | Goal | % Complete | |
|---|---|---|---|---|---|
| Helios: | 2 .155 | 0.538 | 1000 | 0.2% | |
| HP: | 119.602 | 65.378 | 700 | 17% | |
| GLD Held: | 570.857 | 330.014 | 5000 | 11% | |
| GLD Owed: | 740 | 470.9 | 0 | Loan at 130% of assets | |
| Offchain: | 0 | 0 | $50 | not yet started | |
| EDSI | 0 | 0 | 50 | not yet started |
I still have a long way to go to hit my targets but at least things are growing.
Hive Power has gone from Zero to 119.6 in three weeks. So that is indeed growing. At the current rate I'll have the 700HP target in 20 more weeks or so.
17% of my way to goal
Those HP are being delegated to . At this time my HP is too low to get any curation rewards so I'm focusing on getting my HELIOS tokens up instead. I get daily HELIOS from the delegation and I get weekly HIVE from the delegation so it is a win/win. My intention:
Posts --> HP and HIVE
--> HELIOS daily (although how much will it be in the year?).
---> HIVE weekly at roughly 8% return as HIVE
HIVE from delegation I hope to turn into EDSI for even greater return and to show how much I get from delegation VS curation :)
Again write the posts and get half of the reward in liquid HIVE. I'm going to convert HIVE into GLD tokens.
Why GLD? Well, is going to be supporting this account with HELIOS burn but will be keeping track of how much is owed for that support. I'll hold onto the GLD for a roughly 8% weekly return in GLS. The GLS will be held and then sold later to pay back the loan. In addition GLD can be turned into HBD with
.
HBD I'm hoping to use to buy actual stocks in Canada or FIAT returns to bring back into Hive.
After two weeks as a slothysaver it is way too soon to tell how things are going to go. At least things are growing. Over time hopefully it will grow even larger. In time I'll get a better idea of the weekly return but for now? Let's just say slow and steady wins the race.
Compound interest is the key and that's why I'm looking at high interest tokens. At best I'm getting $1 HBD from a post but compound interest makes all the difference int he long run.
Work only gets an account so far. Writing each and every day makes it really hard to find new topics. There is also the limit on the energy to keep on writing. However compound interest drips in day by day by day with no work or effort.
Right now I havent put anything into real world stocks. Why not? There are realities involved in moving finances off chain and tiny movements aren't worth doing. Also stocks have a minimum amount to buy / price floor. Taking out $1 and trying to buy stocks is silly. So, why haven't I put anything offchain? I'm not even looking until I Have 1000 GLD ($10 USD)
HELIOS -- growing from HP delegations to
HP: -- growing from daily posts (HP component)
GLD HELD --- growing from daily posts (HIVE component sold for GLD)
Offchain --- won't grow until GLD hits minimum 1000
EDSI -- won't grow until I get a weekly HIVE delegation reward.
Any questions? Just drop a line and I'll see if I can answer. But comment or not, thank you for reading this far down. Appreciated.
If any of you slothy savers have anything to add please let me know. I have moved my BBH guild reward to a different account . All going well it prospers and increases in value over time.