Blog Archive: July 2024
Real Estate vs. Bitcoin: A Comparative Analysis of Leveraged Investments
| 16 viewsRecently, I had an interesting conversation with a business associate about leveraging investments in real estate and Bitcoin. He offered me an opportunity to purchase an apartment in Tbilisi using a bank loan with a 10-year term,…
Frame House in Latvia: Outdoor Patio, Inner Walls, and More
| 39 viewsAs June came to an end, our family embarked on a journey from Tbilisi to Latvia, skipping Renee's school year for the last week and focus on our frame house project. Here's a glimpse into our busy but rewarding time working on the house.We…
Wine with Friends Night in Tbilisi: A Perfect Blend of Networking and Tasting
| 144 viewsYesterday, I had the pleasure of attending a delightful wine-tasting event organized by my American friend, Colin. The evening was set in the charming ambiance of a wine gallery located at Irakli Abashidze 64. The event brought together a…
Average Monthly Salary in Georgia in 2024
| 763 viewsIn the first quarter of 2024, the average nominal monthly salary in Georgia was 1,943.4 GEL. This figure includes income tax, meaning the net salary (take-home pay) is 20% less.Compared to the same period last year, there was an increase…
Investing in Philip Morris: A Tribute to My Grandfather
| 10 viewsInvesting often carries a deeply personal significance, intertwining our financial aspirations with our cherished memories and family legacies. For me, the decision to invest in Philip Morris (PM) stock is not merely a strategic financial…
June 2024 Stock Portfolio Update ($9,173)
| 44 viewsAt the end of June 2024, the total value of our stock portfolio was USD 9,173 (EUR 8,431). What is a small, but increase of EUR 226, if compared to the previous monthMost of the June we spent in Georgia, enjoying Summer, taking part in…
The Great Latvia Summer 2024: From Riga to Nīca
| 37 viewsAs the warmth of summer envelops the Baltic region, there’s no better way to experience its charm than by embarking on a journey through the scenic landscapes of Latvia. This year, we invite you to join us on an unforgettable adventure in…
Exploring the Real Estate Market in Tbilisi in 2024: Bitcoin as a Buying Power
| 10 viewsAs the CEO and Founder of TerraMatris Crypto Hedge Fund, I've often contemplated the potential of cryptocurrencies, especially Bitcoin, in various investment avenues. Recently, I received a proposal involving the use of leverage to…
TerraMatris Crypto Hedge Fund Portfolio Value reaches $2,939.46 in June 2024
| 27 viewsTerramatris is a private crypto investment hedge fund started back in August, 2023. The fund is privately held and is not publicly registered under any specific jurisdiction. Though, its available to participate in the fund via Raydium…
The Crypto Investment Scene in Tbilisi
| 30 viewsThe bustling capital of Georgia, Tbilisi, is not just a cultural and historical hub but also a growing epicenter for the cryptocurrency world. Having actively participated in the crypto scene since 2017, I've witnessed firsthand how…