Tbilisi Bootcamp: Exploring the TON Ecosystem and New Opportunities for TerraMatris Crypto Hedge Fund

22 October, 2024 | Living in Georgia | 27 seen

In October 2024, Tbilisi hosted the Tbilisi Bootcamp by Ton Foundation, a three-day event that brought together developers, entrepreneurs, and crypto enthusiasts from around the world. Although I couldn't participate in the entire event due to travel commitments, I attended the first day to explore and learn more about the TON token and its growing ecosystem. 

At TerraMatris Crypto Hedge Fund, we’ve been making small but strategic investments into TON, and this event provided an excellent opportunity to deepen my understanding and potentially open new doors for future growth.

The TON token (The Open Network) has been gaining significant attention due to its innovative features and deep integration with platforms like Telegram. Its fast, scalable blockchain, along with its potential to handle millions of transactions per second, makes it a compelling investment opportunity. With TerraMatris exploring new avenues for growth, it felt natural to dive deeper into TON's capabilities at this event.

I had the pleasure of listening to some great speakers during the first day of the event. The presentations were mostly in Russian, but fortunately, all the slides were available in English. They covered everything from the technical architecture of TON to its practical applications in decentralized finance (DeFi), NFTs, and more. There were also discussions around how Telegram itself could be leveraged as a powerful tool for fundraising and community engagement — an idea that sparked my interest immediately.

New Ideas for TerraMatris: Fundraising via Telegram

During the event, the potential for raising funds through Telegram became a key takeaway for me. With its massive user base and seamless integration with TON, Telegram offers a unique platform for engaging with investors. At TerraMatris, we are always looking for innovative ways to expand, and the thought of leveraging Telegram’s reach to raise funds for our hedge fund is something I plan to explore further.

One of the highlights of my day was introducing one of our investors, Mr. Giorgi, to the event. He shares our enthusiasm for blockchain and crypto, and I could tell he was equally impressed by the potential that TON offers.

The Ton Hachathon wasn’t just about learning from the speakers; it was also an invaluable networking opportunity. I had the chance to meet a few market makers and a bunch of talented coders, all of whom were passionate about building on the TON blockchain. This network of professionals is crucial for us at TerraMatris as we look to grow our fund by connecting with the right people in the space.

Although I couldn’t stay for the full event or participate in the actual hackathons due to my evening flight to Prague, I left with a lot of inspiration and new ideas. The hackathon aspect of the event seemed especially exciting — teams working together to develop new projects on TON, solving real-world challenges and pushing the boundaries of blockchain technology.

While I missed out on the hands-on hacking part, I would definitely encourage young professionals, particularly those in tech and finance, to dive into these kinds of events. The Ton Hachathon in Tbilisi showcased the endless possibilities within the TON ecosystem and highlighted how much potential there is for growth. For anyone interested in blockchain development, or even those just looking to learn more about innovative technologies, events like these are fantastic opportunities.

For us at TerraMatris Crypto Hedge Fund, the Ton Hachathon was not only a learning experience but also a chance to explore new ideas that could potentially shape our future strategies. As we continue to invest in TON, I'm excited to see where these new connections and insights take us.

In the meantime, I look forward to the next event where we can fully immerse ourselves in the world of TON, and hopefully, next time, I’ll stay for the entire hackathon experience!

Vaclav Havel Airport Prague

21 October, 2024 | Airports | 26 seen

In mid-October 2024, I had the opportunity to visit Vaclav Havel Airport in Prague for the first time, traveling from Tbilisi to Prague with a layover in Riga on AirBaltic, Latvia’s national carrier. The trip was part of a journey that allowed me to explore the airport’s facilities and discover how easy it is to navigate the city from there.

Vaclav Havel Airport, though serving one of Europe's most popular tourist destinations, felt compact and easy to navigate. The airport has two main terminals. Terminal 1 caters primarily to international, non-Schengen flights, while Terminal 2 handles Schengen-area traffic. As someone used to the sprawling layouts of larger airports, I found the layout of Prague’s airport quite manageable. Moving between terminals and finding amenities was straightforward and stress-free.

One of the most pleasant surprises was the ease with which we could connect to Prague’s city center. Despite not using public transport this time, the options for travelers are extensive. From buses to direct airport express trains, the city has made it simple to transition from the airport to its bustling center. However, for the sake of convenience, we opted for the Bolt taxi app. Within a short time, a car arrived, and we were on our way, enjoying the views as we made our way into the heart of Prague.

The trip itself was quite comfortable. AirBaltic’s Tbilisi-Riga-Prague route provided a smooth connection with a brief layover in Riga. AirBaltic, the Latvian national carrier, has gained a reputation for punctuality and efficiency, and my experience was no different. Both flights were well-coordinated, allowing us to enjoy a hassle-free journey.

Vaclav Havel Airport left a positive impression with its well-organized layout and easy access to Prague’s city center. Whether you’re connecting through the airport or starting your exploration of the city, the experience was comfortable and convenient. For anyone traveling through Prague, especially with a layover in Riga on AirBaltic, it’s worth noting that you can quickly find your way to your destination with minimal fuss, making for an enjoyable travel experience.

Tbilisi Marathon 2024

3 October, 2024 | Living in Georgia | 35 seen

At the end of September, the Tbilisi Marathon 2024 was nothing short of exhilarating! Alongside the fantastic team from Caucasus Translations, I had the privilege of running the 10K race, proudly representing TerraMatris Crypto Hedge Fund. It was a thrilling day packed with action, camaraderie, and just a bit of last-minute drama.

The day started off with one of those classic movie-style moments. Picture this: We’re all geared up and ready to go, but due to a small detour (read: pre-race jitters!), we were cutting it dangerously close to missing the start. In a scene that could have been ripped straight from a Georgian version of a Luc Besson film, we managed to sprint our way to the start line just in time. Talk about an adrenaline rush before the race even began!

Once the race kicked off, the energy was electric. Running through the streets of Tbilisi, surrounded by fellow runners and spectators cheering us on, it reminded me of the vibrant community spirit that this city fosters. Though my result was slightly slower than last year, the day was still a success. TerraMatris Crypto Hedge Fund has grown 44x since its founding, and this run was a celebration of that journey.

What made the day even more special was the family participation. My child took part in the kids’ run, which was a joy to watch. The marathon wasn't just about the competition; it was a celebration of health, togetherness, and the dynamic spirit of Tbilisi.

Check out the highlights of our marathon adventure in the video above, and don’t miss the heroic pre-race sprint that could have been straight out of an action movie! 

Stay tuned for more updates from TerraMatris and our adventures in the world of finance, fitness, and fun!

Kiketi Farm Near Tbilisi: A Hidden Gem for Family Fun

30 September, 2024 | Living in Georgia | 171 seen

In mid-September 2024, my better half and I stumbled upon a delightful escape just a short drive from Tbilisi—Kiketi Farm. I must admit, I was pleasantly surprised by what this charming farm had to offer. From a cozy restaurant to engaging activities like horseback riding and arts and crafts for kids, Kiketi Farm proved to be an ideal spot for a family-friendly outing.

Nestled in the serene countryside near Tbilisi, Kiketi Farm is a refreshing retreat from the city's hustle and bustle. As soon as we arrived, we were greeted by the inviting atmosphere of the farm, with a rustic yet modern restaurant that quickly caught our eye. We decided to settle down for a leisurely lunch, enjoying the tranquil surroundings while savoring some delicious food.

One of the highlights of Kiketi Farm is its variety of activities. For those who enjoy horseback riding, the farm offers guided rides through the scenic countryside, making it a fantastic way to explore the area. While we didn’t try horseback riding during our first visit, it's definitely on our list for the next time, especially for our child, who I’m sure would be thrilled by the experience.

But what really caught our attention was the array of arts and crafts activities available for kids. From painting to pottery, the farm seems to offer a range of hands-on experiences that encourage creativity. We found this aspect particularly appealing and are already planning a return trip to let our child dive into these artistic pursuits.

As we explored the farm, we noticed what appeared to be glamping facilities—a unique way to experience the great outdoors with a touch of comfort. While we didn’t stay overnight this time, the idea of glamping at Kiketi Farm sounds like an intriguing adventure for a future visit. Imagine waking up to the sounds of nature, followed by a day filled with outdoor activities and delicious farm-fresh meals.

Our afternoon at Kiketi Farm was nothing short of amazing. It offered the perfect blend of relaxation and entertainment, and we left feeling recharged and eager to return. Whether it's for a family outing, a day of horseback riding, or an arts and crafts session with our kid, Kiketi Farm has certainly made its way onto our list of go-to spots near Tbilisi.

If you're looking for a family-friendly destination that offers a bit of everything—good food, outdoor activities, and a touch of creativity—Kiketi Farm is definitely worth the visit. We’re already looking forward to our next trip, and who knows, maybe we’ll even try our hand at glamping!

Tbilisi Marathon 2024: Running for Fitness and Crypto Growth

26 September, 2024 | Living in Georgia | 34 seen

On September 22, 2024, I joined thousands of runners for the annual Tbilisi Marathon. 

It was a bright, bit cloudy, lively day in the city, and this year, I ran the 10K race alongside the team from Caucasus Translations. As always, I was proud to represent my hedge fund, TerraMatris, sporting the fund’s T-shirt throughout the run.

Although my finish time was a bit slower than last year (1 hour 13 minutes, though it is disputable as my fitness app showed 1 hour and 3 minutes), the real story for me was the astonishing growth of TerraMatris. Since its inception, the fund has grown an incredible 44 times! Running the marathon gave me a moment to reflect on the journey—balancing fitness, family, and finance, all while watching our fund rise in value over the past year. Isn’t that amazing?

It was also a special day for our family, as our little one took part in the kids' run, making it an even more memorable event. The Tbilisi Marathon has always been about community and perseverance, and this year was no exception. 

Running with the support of friends, colleagues, and family added another layer of joy to the experience.

While my time on the track may have slowed down a bit, the momentum behind TerraMatris certainly hasn’t. Here's to future races and continued growth in both fitness and crypto!

Hotel Serodani Near Telavi

24 September, 2024 | Hotel reviews | 25 seen

At the start of September 2024, during our annual trip to the Tsinandali Music Festival, trip was organized by our company Caucasus Translations, we had the pleasure of staying at Hotel Serodani near Telavi. This hotel provided the perfect blend of comfort, convenience, and Georgian hospitality, making our festival experience even more memorable.

Hotel Serodani is conveniently located near Telavi, just 2.9 km away from the historic King Erekle II Palace. Its prime location offers easy access to various attractions in the Kakheti region, including the stunning Gremi Citadel, which is only 20 km away. This made it an ideal base for exploring the area's cultural and historical sights.

The hotel features rooms equipped with air conditioning, a private bathroom, a flat-screen TV, and a seating area. We particularly enjoyed the balconies, offering scenic views, including the mountains in some units. Each room is designed with comfort in mind, providing all the essentials for a relaxing stay, such as a desk, fresh linens, and towels. The 24-hour front desk and private check-in and check-out services ensured a smooth experience throughout our stay.

One of the standout features of Hotel Serodani is its seasonal outdoor pool, complete with a pool bar. After a day at the Tsinandali Music Festival, we enjoyed unwinding by the pool, taking in the serene surroundings. The hotel also offers free WiFi throughout the property, allowing us to stay connected during our trip.

A highlight of our stay was the opportunity to savor Kakhetian wine at an incredibly affordable price. The hotel offers local wine for just GEL 18 per liter, making it an excellent option for wine enthusiasts looking to experience the region's renowned viticulture. Enjoying a glass of wine on the balcony or by the pool added to the overall enjoyment of our trip.

The hotel's restaurant offers a variety of dishes, allowing guests to indulge in authentic Georgian cuisine without having to leave the premises. After a day of festival events, it was convenient to return to the hotel and enjoy a hearty meal.

Hotel Serodani provided a welcoming and comfortable atmosphere during our annual Tsinandali Music Festival trip. Its convenient location near Telavi, well-equipped rooms, and attractive amenities like the swimming pool and affordable Kakhetian wine made it a great choice for our group. Whether you're attending the music festival or exploring the beauty of the Kakheti region, Hotel Serodani offers a pleasant and affordable stay for all visitors. Book now on booking.com

Georgian Vegetarian Cuisine: Top Dishes You Should Try in Tbilisi

17 September, 2024 | Living in Georgia | 291 seen

Georgia, known for its rich culinary traditions, offers a diverse array of vegetarian dishes that are both delicious and satisfying. Despite being famous for its meat-heavy recipes, Georgian cuisine has a surprising variety of plant-based options. 

If you're a vegetarian traveling to Tbilisi or simply looking to explore new flavors, this curated list of top Georgian vegetarian dishes will take you on a flavorful journey. Plus, I’ll share some of the best restaurants in Tbilisi where you can enjoy these dishes.

1. Khachapuri (Cheese Bread)

One of Georgia's most iconic dishes, Khachapuri, is a must-try for any visitor. This cheese-filled bread comes in various forms, with the Adjarian Khachapuri being the most famous. It’s shaped like a boat, filled with melted cheese, and topped with an egg and a pat of butter. While not vegan, it's a favorite among vegetarians for its rich and hearty taste.

Where to Try:

• Machakhela – This chain restaurant offers a wide variety of Khachapuri styles.
• Retro – Known for its authentic Adjarian Khachapuri, it’s a local favorite.

2. Lobio (Bean Stew)

Lobio is a traditional Georgian bean stew, often served with fresh herbs, onions, and spices. It's typically made with red kidney beans and flavored with a mix of cilantro, garlic, and vinegar, creating a savory and slightly tangy dish. Lobio is often accompanied by mchadi (cornbread) or a side of pickled vegetables.

Where to Try:

• Cafe Littera – A fine dining restaurant offering a sophisticated take on traditional Georgian dishes, including Lobio.
• Salobie Bia – Famous for its rustic Lobio served in traditional clay pots.

3. Badrijani Nigvzit (Eggplant with Walnut Paste)

This dish consists of fried or baked eggplant slices, rolled and filled with a creamy walnut paste that’s seasoned with garlic, spices, and sometimes a hint of pomegranate juice. It's often garnished with pomegranate seeds, adding a burst of freshness to the rich flavors.

Where to Try:

• Shavi Lomi – A trendy spot known for its creative Georgian dishes and charming atmosphere.
• Barbarestan – Offers a historical take on Georgian cuisine with a menu inspired by 19th-century recipes.

4. Pkhali (Vegetable and Walnut Salad)

Pkhali is a category of Georgian salads made from various vegetables like spinach, beetroot, or cabbage mixed with a walnut paste, garlic, and herbs. It’s typically served as an appetizer and is as beautiful as it is tasty, often garnished with pomegranate seeds.

Where to Try:

• Ethno Tsiskvili – A restaurant offering a cultural experience with live performances and a wide variety of traditional dishes, including Pkhali.
• Culinarium Khasheria – Known for its modern twists on Georgian classics.

5. Khinkali (Dumplings)

Khinkali is usually associated with meat fillings, but there are delicious vegetarian versions available, filled with cheese, mushrooms, or potato. These dumplings are a joy to eat, with a unique twist-and-suck technique to enjoy the broth inside before devouring the rest.

Where to Try:

• Zakhar Zakharich – A beloved local spot for traditional Khinkali, including vegetarian varieties.
• Pasanauri – Known for a wide variety of Khinkali, including tasty vegetarian options.

6. Mchadi (Georgian Cornbread)

Mchadi is a simple yet satisfying cornbread that’s usually served as a side dish. It's often paired with Lobio or fresh cheese, making it a staple in Georgian vegetarian cuisine. The bread has a slightly crispy texture on the outside with a soft, warm interior.

Where to Try:

• Samikitno – A popular chain restaurant serving traditional Georgian fare, including Mchadi.
• Sakhachapure No.1 – Offers a range of Georgian breads, including freshly made Mchadi.

7. Gomi and Cheese

Gomi is a type of Georgian polenta made from cornmeal, often served with a side of cheese. This simple dish is hearty and comforting, offering a different texture and flavor profile from the other dishes on this list.

Where to Try:

• Maspindzelo – A cozy spot serving up generous portions of traditional Georgian comfort food.
• Keto and Kote – Known for its elegant ambiance and high-quality Georgian dishes, including Gomi.

8. Mushroom Dishes

Georgian cuisine features an array of mushroom dishes, from grilled mushrooms to mushrooms baked with cheese. They are typically seasoned with fresh herbs and spices, making them a flavorful option for vegetarians.

Where to Try:

• Poliphonia – Focuses on seasonal, locally sourced ingredients, offering unique mushroom dishes.
• Alubali – A quaint spot that serves a variety of vegetarian-friendly mushroom dishes.

Georgian cuisine offers an impressive range of vegetarian dishes that are rich in flavor and steeped in tradition. Whether you're enjoying the cheesy goodness of Khachapuri or the earthy taste of Pkhali, there's something for every palate. Next time you’re in Tbilisi, be sure to explore these dishes and visit some of the recommended restaurants to experience the best of Georgian vegetarian cuisine.

Amilakhvari Castle: A Hidden Gem in the Kaspi Region

11 September, 2024 | Tourism objects | 76 seen

During a recent day trip around the Kaspi region in Georgia, I had the pleasure of visiting the historic Amilakhvari Castle, thanks to a recommendation from a German friend who joined us for the journey. Nestled in the serene landscape of central Georgia, this castle offers a fascinating glimpse into the country’s rich history, and it turned out to be a highlight of our trip.

Amilakhvari Castle, though not as widely known as some of Georgia's other fortresses, holds its own charm and significance. Built in the medieval period, the castle once served as a stronghold for the Amilakhvari family, a prominent noble house in Georgian history. The structure, though partially in ruins, still carries the grandeur of its past, with towering walls, defensive towers, and a sense of mystery that beckons visitors to explore.

Our six-year-old daughter was particularly taken with the hidden stairs within the castle. As we wandered through the labyrinthine passages, she let her imagination run wild, envisioning secret rooms, treasure troves, and daring escapes from ancient enemies. The castle, with its partially concealed pathways and staircases, seemed almost designed to spark the imagination of a child—or anyone willing to let history come to life.

The Kaspi region, where Amilakhvari Castle is located, is a beautiful area that offers more than just historical sites. The surrounding countryside is dotted with vineyards, rolling hills, and small villages that seem untouched by time. This region is perfect for those looking to escape the hustle and bustle of city life and immerse themselves in Georgia's natural beauty and historical depth.

Our visit to Amilakhvari Castle was brief but memorable. It was one of those moments where history and the present seemed to merge, with my daughter’s playful fantasies intertwining with the castle’s storied past. 

The day trip, though short, was a reminder of the rich tapestry of experiences that Georgia has to offer, especially in the lesser-known regions that often hide some of the most fascinating stories.

If you ever find yourself in the Kaspi region, a visit to Amilakhvari Castle is well worth your time. It’s a place where the imagination can roam free, where the echoes of history whisper through the stone walls, and where even a child can feel the pull of the past. Whether you're a history buff, a nature lover, or simply in search of a peaceful retreat, this hidden gem in Georgia's heartland is sure to leave an impression.

August 2024 Stock Portfolio Update ($9,248)

10 September, 2024 | Investments | 155 seen

At the end of August 2024, the total value of our stock portfolio was USD 9,248 (€8,360 ). What is about 5% decrease or USD -478 loss, if compared to the previous month. Fundamental mistake with options trade on INTC stock took us there.

Just like previous month, also August we spent some time in Latvia, some time in Georgia. At the start of August we took a short few days trip to Croatia, staying in town of Omiš celebrating my 39 birthday. Awesome.

You can read mora bout our adventures in Omiš, Croatia here: Top Family-Friendly Things to Do in Omiš, Croatia: Beaches, Dining, and Adventure or see my video: Birthday in Croatia

Now back to the stock portfolio

The decrease in the stock portfolio comes from the market appreciation itself and additionally from options trades, while small part of the growth can be attributed to the dividends. 

One of my short-term goals is to grow our portfolio to USD 10,000. With USD 752 to go, I believe this target could be crashed already this Fall, especially if we recover just form a few options trades, but you never know, market can take a steep correction.

The main longer-term goal for our portfolio is to grow our portfolio 100 fully covered Morgan Stanley (MS) shares, supported by an additional 100 British Petroleum (BP) shares. This strategy will enable us to sell covered calls on these shares while also benefiting from dividend payments. At the end of August we had 2 MS shares and 15 BP shares. I decided to take some profit from unloading MS shares and started over.

Stock Portfolio

YTD our stock portfolio has gained 8.75%, what underperforms SP500 significantly (19.09%). 

Options trades

To grow our portfolio I actively sell put options on MS and BP and few other stocks, while reinvesting the premiums back into stocks. Besides these two, last month I was selling options on few other tickers, like.

The biggest problem turned out INTC stock, which dropped from $30 to $20, while we were holding 29 short put. A this moment I have rolled out this position to November expiry. Additionally I rolled out MS and NVDA to January expiry, these trades seems safe, but we just have less capital to make new options trades. Maybe thats good. 

Last but not least I added Credit Spreads on BMY stock. 

Dividend income

Last August, in dividend payments we received $8.58, which is about $0.27 daily. Following tickers paid us dividend in August

Ticker

Dividend

AGNC

$0.51

BTI

$0.74

MS

$7.33

$8.58

Our current yearly dividend from the portfolio stands at USD 185.83 (-$7.63) , yielding 3.44%. The small decrease in total dividend comes from, because we sold MS shares. 

While the total dividend is not yet enough to retire comfortably, it is a solid foundation upon which we can build.

I believe by the end of the year we should be able to push our dividend portfolio to $250-300/yearly

Plans for September 2024

For the month of September, we are looking to dollar cost average buying shares on MS, BMY and maybe some other ticker. Not planning lots of options trades as we are still recovering few options. 

How was your investments performing in the month of August? Leave a comment!

Top Family-Friendly Things to Do in Omiš, Croatia: Beaches, Dining, and Adventure

9 September, 2024 | Travel guides | 87 seen

At the start of August 2024, my family and I embarked on a memorable journey to Omiš, Croatia, to celebrate my 39th birthday. This trip was a perfect blend of relaxation and adventure, all set against the stunning backdrop of the Adriatic coast.

Our journey began with a Carpatair flight from Riga to Split, a convenient option that allowed us to reach our destination with ease. The flight was smooth, and the excitement of celebrating my birthday in a new place added to the anticipation.

We had prebooked an apartment in Omiš for around EUR 600, a decision that turned out to be just right for our needs. The town of Omiš, with its rich history and beautiful beaches, offered the perfect setting for our stay. Our apartment was cozy, well-equipped, and just a short walk from the beach—ideal for a family looking to relax and enjoy the sun.

We decided to spend all our days in Omiš, soaking up the sun and enjoying the laid-back atmosphere of the town. The local beaches were a highlight, offering crystal-clear waters and plenty of space to relax and tan. The warm Mediterranean climate made it easy to unwind, and the scenic views of the surrounding mountains added to the charm.

Dining in Omiš was another delight. The town boasts a variety of local restaurants, each offering a taste of authentic Croatian cuisine. From fresh seafood to traditional dishes, we savored every meal, making sure to try something new each time.

One of the most memorable experiences of our trip was a boat trip to Cetina Canyon. The canyon, with its dramatic cliffs and lush greenery, provided a breathtaking escape into nature. The boat ride along the Cetina River was both serene and exhilarating, offering us a unique perspective on the natural beauty of the area.

As we returned to our apartment each evening, we couldn't help but feel grateful for the time spent together in such a beautiful place. Omiš offered the perfect mix of relaxation and adventure, making my 39th birthday celebration one to remember.

Our trip to Omiš, Croatia, was more than just a vacation; it was a chance to create lasting memories with my family in a place that will always hold a special place in our hearts. Whether it was tanning on the beaches, dining in local restaurants, or exploring the stunning Cetina Canyon, every moment was a reminder of the joys of travel and the importance of family.

Here’s a list of the top 10 family-friendly things to do in Omiš, Croatia:

Kavtiskhevi Zoroastrian Temple

5 September, 2024 | Tourism objects | 70 seen

Sometimes, the most memorable discoveries come when you least expect them. That’s exactly what happened when I stumbled upon the Kavtiskhevi Zoroastrian Temple, a site that left me in awe and filled me with a tinge of regret for not having my drone with me to capture its full grandeur from above.

The story of how I found this remarkable site began with a simple invitation. I had invited a German friend to a nearby fish restaurant, known for its fresh catch and serene atmosphere. After placing our order, we realized we had about 20-25 minutes before the food would be ready. My friend then mentioned a nearby spot—the Kavtiskhevi Zoroastrian Temple—that he thought might be worth a quick visit. With time to spare, we decided to explore the site while our meal was being prepared.

Reaching the Kavtiskhevi Temple was surprisingly easy. A short drive and a brief walk brought us to the ruins, where I was immediately struck by the aura of mystery that surrounded the place. The ruins themselves were more expansive than I had anticipated, with various structures and remnants that hinted at its historical significance. The experience reminded me of visiting the famous Erebuni Fortress in Yerevan, with its ancient stones and the sense of stepping back into a distant past.

However, it wasn’t until I later viewed the location on Google Maps that the true scale of the temple complex hit me. The satellite images revealed an expanse that I simply couldn’t appreciate from the ground. The intricate layout, the strategic positioning of the temple, and the surrounding landscape were all things that a bird’s-eye view could truly capture. It was at that moment I regretted not having my drone with me. Aerial photos would have provided a perspective that few could witness and truly highlighted the temple's grandeur.

The Kavtiskhevi Zoroastrian Temple is a testament to Georgia’s rich and diverse history. Thought to be a site of significant religious and cultural importance, the temple dates back to ancient times, serving as a place of worship for the followers of Zoroastrianism, one of the world's oldest monotheistic religions.

Exploring the site, I could see remnants of what was once a thriving temple complex. The main temple, with its solid stone foundations and partially standing walls, gave me a glimpse into the architectural prowess of its builders. Surrounding the temple were other structures, possibly used for religious ceremonies, storage, and communal gatherings. The craftsmanship evident in the stonework and the strategic location of the temple atop a hill spoke volumes about its importance in the past.

While the visit to the Kavtiskhevi Zoroastrian Temple was a spontaneous adventure, it left a lasting impression on me. I couldn't help but think of the photos I could have captured with my drone, images that would have done justice to the site's scale and beauty. Viewing the temple from Google Maps only deepened this regret, as it became clear just how much I missed by not seeing the site from above.

But even without the drone, the experience was invaluable. Discovering such a historical treasure in Georgia reminded me of the countless hidden gems waiting to be explored in this beautiful country. It also taught me a valuable lesson: always be prepared for the unexpected, especially when it comes to capturing the perfect shot.

If you ever find yourself near Kavtiskhevi, I highly recommend taking the time to visit the Zoroastrian Temple. It’s incredibly easy to reach, and the site offers a unique perspective on Georgia’s ancient history that’s reminiscent of the experience at Erebuni Fortress in Yerevan. And if you’re into photography or drone videography, don’t make the same mistake I did—bring your equipment along. The aerial views are sure to be nothing short of spectacular. Just be sure to order your food first at the nearby restaurant, and enjoy this ancient marvel while your meal is being prepared.

A Family Guide to Borjomi: Hiking Trails and Sulfur Bath Tips

28 August, 2024 | | 45 seen

As summer came to a close, we continued our family's tradition of visiting Borjomi. This year marked yet another memorable trip at the end of August 2024, reaffirming our love for this beautiful Georgian town. Visiting Borjomi at least twice a year has become a cherished routine, a piece of life that we look forward to, blending relaxation, adventure, and the joy of family time.

This time, we found a unique little apartment, perched on top of a garage. It was a charming, cozy space that offered just what we needed—a comfortable place to relax after our daily adventures. Its unusual setting added a touch of novelty to our stay, making it feel even more special. Price we paid for our stay GEL 80.

One of the highlights of our trip was a day dedicated to hiking. We started by driving up to the Panorama Wheel, where we parked our car. The view from there is always breathtaking, offering a sweeping perspective of the Borjomi Valley. From the Panorama Wheel, we set off on a hike toward the sulfur baths—a route we've come to enjoy for its blend of natural beauty and tranquility.

The trails were peaceful, with the late summer sun filtering through the trees, casting dappled shadows on the path. Our kiddo was especially excited to reach the sulfur baths, where they took a relaxing swim. The warm, mineral-rich waters were just what we all needed to rejuvenate our spirits.

After our time at the sulfur baths, we headed back to the park. Instead of retracing our steps on foot, we decided to mix things up a bit by taking the funicular ride back to the top. It's always a fun experience, especially for our little one, who loves the thrill of the ride and the views that come with it.

Every time we visit Borjomi, it feels like we're adding another chapter to a beloved family tradition. These trips are more than just vacations—they're moments that weave together the fabric of our family’s shared experiences. Whether it's discovering a new hiking trail, finding a quaint apartment to stay in, or simply enjoying the familiar sights and sounds of Borjomi, each visit strengthens our bond and creates memories that will last a lifetime.

As we drove back home, we couldn't help but feel grateful for these moments. Borjomi has a way of recharging our batteries, leaving us with a sense of peace and contentment that carries us through until our next visit. And as always, we left with a promise to return, eager to see what new adventures await us in this timeless town.

Birthday in Croatia

23 August, 2024 | Travel guides | 48 seen

I'm thrilled to announce that our latest travel movie, "Birthday in Croatia," is now live! In just 3 minutes, you'll join us on a whirlwind adventure filled with unforgettable moments and stunning scenery.

Our journey begins in Tbilisi, where we embark on an exciting trip that first takes us to Riga. From there, we make a quick detour to Courland, where we get hands-on and install a window—an unexpected but satisfying stop on our way. The fun continues as we throw a hotpool party, surrounded by friends, laughter, and good vibes.

The next morning, we fuel up with a delicious chanterelle omelet for breakfast, setting the tone for the day ahead. Then, it's back to Riga, where we hop on Carpatair and head to our ultimate destination: Split, Croatia.

But the adventure doesn't end there. We spend four short yet unforgettable days in the charming town of Omiš, nestled along the stunning Dalmatian coast. The breathtaking views, the historic streets, and the warm Croatian hospitality made this birthday celebration one for the books.

So, sit back, hit play, and join us on this incredible journey. Don't forget to give a thumbs up and enjoy the video!

Split Airport

21 August, 2024 | Airports | 33 seen

Split Saint Jerome Airport, also known as Split Airport, is the international airport serving the city of Split, Croatia. It is located 19 km (12 mi) from Split, on the west side of Kaštela Bay, in the town of Kaštela, and extending into the adjacent town of Trogir. It is named after Saint Jerome, the patron saint of Split-Dalmatia County.

At the start of August 2024, I found myself on a Carpatair flight from Riga to Split, ready to celebrate my 39th birthday in the picturesque town of Omiš. This trip marked my first experience traveling to and from Split Airport, and I was pleasantly surprised by the ease and convenience of navigating through this gateway to the Dalmatian coast.

Split Airport (Resnik Airport) is the third busiest in Croatia, serving as a major entry point for tourists heading to the Dalmatian region. The airport itself is relatively small, but it offers all the essential amenities, including duty-free shops, restaurants, and car rental services. It’s located about 24 kilometers west of Split, making it a convenient starting point for anyone looking to explore the region.

Upon landing at Split Airport, I hired private taxi driver straight in front of the airport to take me directly to Omiš, a charming coastal town known for its stunning beaches and historic sites. The taxi ride, which cost me EUR 60, was smooth and allowed me to enjoy the scenic drive along the Adriatic coastline.

If you're planning a similar trip, it's worth noting that Uber and BOLT operate in the area, providing more flexible and potentially cost-effective alternatives. For those on a budget, the city bus is also available, connecting travelers from the airport to the city of Split, where further connections to Omiš can be made.

My return journey from Omiš to Split Airport was equally straightforward, although the fare was slightly higher at EUR 80. This variation in price is common, especially during peak travel times, so it’s wise to book your return trip in advance if possible.

For those interested in exploring Split before catching their flight, car rentals are readily available at the airport, giving you the freedom to explore the wider region at your own pace. Whether you’re planning a quick visit to Diocletian's Palace in Split or a longer road trip along the coast, renting a car offers flexibility and convenience.

Split Airport may be small, but it’s well-equipped to handle the influx of tourists heading to Croatia’s beautiful Dalmatian coast. My first trip through this airport was smooth and hassle-free, making it a great starting point for my birthday celebration in Omiš. Whether you opt for a private taxi, Uber, BOLT, or the city bus, there are plenty of transportation options available to suit your needs and budget.

July 2024 Stock Portfolio Update ($9,726)

12 August, 2024 | Investments | 42 seen

At the end of July 2024, the total value of our stock portfolio was USD 9,726 (€9,006 ). What is about 6% increase or USD 553 gain, if compared to the previous month. 

Half of the July we spent in Latvia, working with our frame house and having our kiddos 6th birthday, while the rest of the month we spent in Georgia, enjoying Summer, having few road trips with German friends to Dedoplis Tskaro and Latvian friend to Birtvisi Canyon. 

Our Latvian Summer house is coming along nicely, most of the interior works are finished, there are left few windows to be installed and some other interior works.

Now back to the stock portfolio

The increase in the stock portfolio comes from the market appreciation itself and additionally from options trades, while small part of the growth can be attributed to the dividends. 

One of my short-term goals is to grow our portfolio to USD 10,000. With USD 274 to go, I believe this target could be crashed already this August, especially if we recover just form a few options trades, but you never know, market can take a steep correction.

The main longer-term goal for our portfolio is to grow our portfolio 100 fully covered Morgan Stanley (MS) shares, supported by an additional 100 British Petroleum (BP) shares. This strategy will enable us to sell covered calls on these shares while also benefiting from dividend payments. At the end of July we had 9.32 MS shares and 13 BP shares.

Last month I experimented with fractional shares buying and I have to say I'm quite satisfied with buying smaller bits of shares, the same way we do in our crypto hedge fund. 

Stock Portfolio

YTD our stock portfolio has gained 18.09%, which beats SP500 by a few basis points (16.59%). 

Options trades

We actively sell put options on MS and BP and other stocks, while reinvesting the premiums back into stocks. Besides these two, last month I was selling options on few other tickers, like PM, TEVA, JNJ, NVDA and some more. 

NVDA bull put trade went out of the control and I rolled it out to the August 30 expiry with strike price 95. 

Because of this adjustments and not willing to take unnecessary risk to the portfolio, I'm not planning to have more options trade in portfolio at least til the middle of August, once I will be sure the NVDA trade is safe enough. 

I keep a separate newsletter for my stocks buys and options trades, make sure to check it out at OptionsBrew.com

Dividend income

Last July, in diivdend payments we received $18.01, which is about $0.58 daily. Following tickers paid us dividend in July

Our current yearly dividend from the portfolio stands at USD 193.46 (+27.96) , yielding 3.44%. 

While this is not yet enough to retire comfortably, it is a solid foundation upon which we can build. 

I believe by the end of the year we should be able to push our dividend portfolio to $250-300/yearly

Plans for August 2024

For the month of August, we are looking to dollar cost average buying fractional shares on NVDA, BP and maybe some other ticker. Not planning lots of options trades as we are recovering NVDA trade. There is at least USD 600 in options recovery trades to be taken in the month of August.

How was your investments performing in the month of June? Leave a comment!