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Tony Carrera
_@tonycarrera.com
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I sell lights @ apogeehouse.com, an architectural lighting, fans, & controls distributor. Fan of financial markets, tech & BBQ. Always learning. Using nostr to share what I have learned. Nothing I say is financial or medical advice. Assume everything I say is wrong. Do your own research.
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tonycarrera 1 year ago
Good morning! Life tips: 1. Be nice 2. Be forgiving 3. Standup for yourself 4. If you give, give it your all 5. Work to live, don’t live to work 6. Understand everything ends 7. Learn to enjoy life 8. Read this often, you will forget #gm #gametheory #nostr #tips #dory
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tonycarrera 1 year ago
Confederate dollars were first issued in 1861 and became worthless at the end of the Civil War 4 years later. Confederate money was not backed by hard assets like gold or silver. Instead, it was largely backed by the promise of future payment based on the anticipated success of the Confederacy in the Civil War. So basically fiat. Now just worth whatever collectible value you can get for them on eBay. They sure are pretty though! #NFT’s anyone? #fiat #currency #btc #nostr #civilwar #dollars #plebchain #themoreyouknow image
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tonycarrera 1 year ago
Went to get a haircut earlier and unexpectedly #bitcoin was brought up, almost everyone said they were “afraid” of it. I was asked about it and not wanting to go to deep, I just replied with: “I don’t think anyone should be afraid of it, you just need to take some time to learn about it… I think the best way to think of Bitcoin is like it’s the best savings account. Put your money in, hold for the long-term, let it grow, and only dip into it if you really need it.” That seemed to catch their attention. After some brief back and forth it actually looked like they understood. Older audience by the way, mostly 60+ there today. Comparing #btc as a savings account seems to be the quickest and easiest way to get the message across without having to pull out @Saifedean Ammous‘s Bitcoin Standard. #nostr #pleb #plebchain #themoreyouknow
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tonycarrera 1 year ago
Good morning! Having an espresso to start the day. I really enjoy the process and time it takes to use a #moka pot. Could be quicker with the nespresso machine but this is satisfying to use. Make today a great day. #gm #espresso #coffee #coffeestr #nostr #foodstr #pleb #bialetti
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tonycarrera 1 year ago
Homemade ice cream. Simple to make and nice to know exactly what goes in. Two main ingredients: heavy cream and egg yolks. Optional: vanilla extract, sweetener of your choice, pinch of salt. Great way to eliminate sugar, high fructose corn syrup, seed oils, and other junk while still getting most or all of the flavor. #nostr #foodstr #yum image
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tonycarrera 1 year ago
When I was younger, I thought there was a secret I needed to find which would unlock wealth and happiness. Maybe there’s an expert out there that has all the answers? A guru with information passed down for generations? A book I can find that somehow others missed? If only… Over the years, I’ve realized there is no secret. No one knows the future. Every guru is full of lies or recycled thoughts. There are few true experts in any field, most are just faking it until they make it. The one truth I’ve found is keeping your life simple, being honest, and working towards your goals. Some may get lucky, some might have insider info on something, but it’s all temporary and nothing to rely on. Don’t trust gurus or spend a lifetime searching for that holy grail. Spend time educating yourself and coming to your own conclusions. At least then, if you fail, it was all under your control and not due to someone’s influence. Live, learn, and move on. Trust yourself. #nostr #donttrustverify #mindset #growstr #pleb #behumble
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tonycarrera 1 year ago
When I was young, a savings account mattered. My parents helped me open one up with maybe $50 and the interest rate was 4%+ and inflation was under 4%, real returns were 0% at worst, usually 1-2%. Not shabby. It was rewarding to deposit money I earned from reselling candy, marbles, cards, even a slightly used chess set and reinvesting and putting the rest in my savings account. I actually saw that account grow in value over the years and witnessed the power of compounding. Today, a regular savings account still yields a 0.01% interest rate (just checked Bank of America’s website). What’s the motivation for a kid (or anyone) to put money away when interest rates are basically zero? Now add to that the normalization and ever increasing rate of inflation. Earning 0.01% interest (even 4%+ on high-yield savings accounts) when CPI is near 4%, but we all know it’s likely over 10% for most people results in a devastating and crushing reality whether people know it or not. There’s little chance for an average kid to generate wealth without learning to buy valuable assets, become a top earner in their field, or own a profitable business. Subjects not taught in most schools. It should be easier for people to save their hard earned money and be rewarded for saving rather than recklessly spending. The only solutions I found are: control your costs/spending (includes student debt) and own a profitable business, become a leader in your industry so your income grows at or above the rate of inflation, and buy hard assets (acquire rental property, gold, S&P 500 index funds, #bitcoin). The allocation to one or many of the above depends on the person. Some aren’t suited to own a business, others might stress out investing in stocks or bitcoin. Find what works for you. I highly encourage everyone to spend a few hours every week learning and seeing what fits. Hope this post helps at least one person. It’s something I wish someone would have told me when I was younger! #gn #nostr #nostriches #wealth #pleb #plebchain #proofofwork #stacksats image
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tonycarrera 1 year ago
Good morning! An espresso shot to start the day. Have a great day and week! #gm #espresso #mokapot #bialetti #woo #coffeestr #foodstr #nostr Credit to @kristincarrera image
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tonycarrera 1 year ago
Phase 3 complete! The result was fantastic. If you haven’t bbq’d before, a pork shoulder/Boston butt is the most forgiving and rewarding cut to start with in my opinion. Have a great week. #gn #bbq #bbqstr #foodstr #carnivore #proofofsteak #nostr #happyfathersday #pork #porkbutt #smoker #pelletgrill View quoted note →
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tonycarrera 1 year ago
Entering phase 2 of the pork shoulder on the pellet smoker! One shoulder is cooking a little faster so wrapping that one first while the other does its thing. Taking a bit longer than expected, probably because these are a bit bigger than the ones I usually do and it’s two of them. #bbq #bbstr #foodstr #nostr #smoker View quoted note →
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tonycarrera 1 year ago
Good morning! Pork butt phase 1 progress… About 9 hours in, first light spritz with apple cider vinegar. Been going at 200° for the last 7 hours (about 170° for first two hours), internal temp 155°. Now lid closed for another three to four hours before phase 2 (the wrap @ 185°ish). Might occasionally spritz it if it looks dry. #foodstr #bbq #bbqstr #nostr #nostriches #porkstr #pleb #plebchain #carnivore #proofofsteak #gm View quoted note →
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tonycarrera 1 year ago
Unpopular opinion: Real estate isn’t a good investment. Most people buy real estate to buy the home they live in, not to use as a rental property for cash flow. Buying a home can cost you hundreds of thousands, or even millions, over the long term. Even with a low fixed interest rate, ever increasing property taxes and insurance rates, home improvements, maintenance and repairs will negate most equity growth over time. Renting might be a better option for most and you are not locked in if you decide to move on to a different part of town or get a job in a different state. Plus, the property headaches belong to the landlord or property manager which are just a phone call away. Of course, there are exceptions but in general, I believe the above to be true for most. #RealEstate #Investing #CashFlow