Categories
General

Update – Social Isolation

It’s been a while since I’ve done an actual update right? I usually just repost my Quora answers here and don’t really do actual blog posts anymore.

Well, that’s probably because for the past 2 years nothing especially interesting has happened in my life besides depressing things. In Jan 2018, I made a life-altering mistake to take out 3 personal loans to dump into crypto – because I thought it was only a temporary dip – turned out to be a full on crash – I lost 80% of my crypto money – including $80k in profit. that means I had lost in total about $150k in crypto – a fact I verified by looking at my Gemini ballances. In order to pay back the loan, I was forced to renovate + sell my SF apartment. Then I subsequently lost the proceeds / profit of my SF apartment in a massive crypto scam (QuadrigaCX). So I ended up in Vancouver with basically nothing, no money/savings, no job, no friends, and desperate for a place to live. At the time I needed to find a place fast so I looked on craiglist, and found the cheapest place that was stiill in Vancouver and the landlord knew that I was in a desperate situation and took advantage of me. 

I only lived in that Vancouver place for like half the year, since I was traveling in Korea/San Francisco/Toronto other times and moved out early. The place was terrible, it was a one room that I had to share with 5-6 other housemates, the bed was crawling with bugs when I got there, and the landlord was a total asshole. I was so sick of that landlord. He was completely paranoid, he installed a kitchen camera to take videos of people to make sure they are following the house rules which is ridiculous and probably illegal, always blamed me for breaking house rules, fined me several times for things as small as leaving dishes in the sink too long, raised my rent because I ‘used too much electricity’, took all the rent in cash (probably evading taxes I figure), and to top it all off, he took 85% of my security deposit in the end. I should have known. He wrote in the contract that he was entitled to all my security deposit if I broke any house rules – I didn’t read the contract carefully enough as I was desperate at the time – and gave him two months rent ($1800 CAD) for first + last month’s rent. Then in Feb, he asked me to pay the month’s rent and I told him, I thought he just deduct it from my security deposit and he said ‘that’s not how it works’. In retrospect, I should have known he was trying to get more money from me. It doesn’t make sense for him to ask me for more money since that security deposit included the last month’s rent. Anyways like a sucker, I paid him. Later that month I moved to Burnaby as I found a new place – MUCH better – not only living by myself, but now in a nice high rise building with a lovely balcony and view as well – the space is also MUCH bigger – it’s a big studio and the rent was only $500 more. But my landlord kept hounding me. Somehow a piece of garbage I had thrown out before, came back into the house and my landlord of course blamed me for it, so I had to pay $40 in Uber rides just to go back to my old apartment and throw out that piece of garbage. Then later that month I had to give him back the keys as my contract was up. He asked me to also give back the copy of the contract he had gave me for some reason. This was weird – he already had a copy of the contract why would he ask  for mine? Anyways just like a fool – I gave him the keys and contract back and he told me he was keeping the majority of my security deposit because I had ‘broken too many house rules’ which makes NO sense as I was only in the house half the year anyways! and it’s not liike I broke those rules on purpose. What I should have done was kept the keys from him until he gave me back my security deposit – what could he have done? evict me? I was already out of that place. Call the cops? I didnt do anything wrong. I should have stood up for mysellf more. Instead I let my landlord bully me and take all my money – like a sucker. Got scammed right after getting scammed. What a fool I  am.

I also finally got my taxes done – it was really complicated because of the QuadrigaCX scam last year – I ended up writing off a total of $576,000 CAD – I can apply half as capital losses to my capital gains in the future indefinitely. In addition – I finally sold the rest of my crypto holdings for $48k last month – this was when BTC finally went back up over $10k. I took the chance and sold everything. This was much less than what I could have gotten had I sold last summer – I would have made at least $55k-60k had I sold last summer – but I was a fool back then and was waiting for $100k for some reason. This year I wanted to really make amends for some of my previous mistakes I made over the past 2 years. One of those mistakes was holding crypto too long. So anyways, I took a loss of about $72k USD – I had initially invested $150k USD in crypto, but after subtracting everything I got out of crypto during the last 3 years, my total loss was $72k USD (or $96k CAD). That’s additional capital losses I will claim on my next year’s tax return, giving me a total of (($570k + $96k) / 2) = $333k CAD I can apply to capital gains in the future. This is probably enough to cover any capital gains for the next 20 years for me. 

In addition, I also decided to reconcile my relationship with my old friend Ethan – the main reason being that it was difficult to meet a friend who shares similar interests. Yes, I know I wrote a massive blog post about this guy in May 2018 about how much of  a douchebag he was – but I came to realize that I can probably put up with this just to have somebody I can talk to about tech, asia and games – it’s quite difficult to meet a good friend like that actually. So this was another mistake from the past 2 years I mended. 

 Speaking of making friends – yes it has been very difficult to me making friends in Vancouver. Part of the reason is because I work from home, so there’s no coworker ties to introduce me to new friends, which is how I made my best friend Tony in San Francisco. Another reason is the meetups in Vancouver are not as big as the meetups in SF even, and definitely not as big as the ones in Seoul. The last time I went to a meetup was last Oct, and the last time I met up for an actual event with my Vancouver friends was last June. That’s a long time ago. After last Oct, I was consistently busy after then. Nov – I was in San Francisco / took a Bahamas trip with my family. Dec – I was in Toronto / Orillia. Jan – I was in San Francisco, then I had to take a trip with my gf since she visited me in Vancouver, to Banff. Feb – I had to deal with moving all my stuff over to my new Burnaby apartment – took at least 2 rental cars over the course of 2 weekends to do it. And now this month – first I had to take a trip to Arizona  for a company retreat and then – coronavirus pandemic – can’t really go outside or go to any events much. 

So yeah.. quarantined just like everyone else at the moment. It doesn’t affect me all that much since I work from home and  am an introvert so its not too much of a lifestyle change from me – but it does make it even more difficult for me to meet anyone new in Vancouver. In addition, I have no idea when I can visit my gf in Korea. We’ve been trying to do video calls consistently but of course, I need to physically meet her sooner or later. I really hope the COVID-1 9 pandemic will subside soon but who knows – currently it’s affecting everything from our social relationships to the stock market (which I am currently shorting at the moment because I think a recession is inevitable at this point). I haven’t met anyone I know physically in almost a month (last time was my co-workers in Arizona). We’ll see how much longer this can go on, but it really feels like we’re living in a dystopian / post apocalyptic world where everyone outside are essentially infected zombies. 

Categories
General

2017: Year in Review

Merry Christmas and Happy Holidays once again. And once again, I feel that 2017 has gone by way too fast lol. Perhaps its because I spent most of this year at home and not really going outside and meeting new people and making friends like I did when I lived in Korea..

Highlights
-Saved and invested a lot. Made back all my gambling losses (and then some!) with cryptocurrency this year. The rise of Bitcoin and other crypto-currencies this year has been truly astounding and imo a once in a lifetime event. Doubled my net worth this year.
-Finally made a Korean gf! and one that has lasted so far, the longest out of all my relationships. My previous longest relationship lasted 2 months. This one has been 3 months and counting! Yes it is a long distance relationship. I got to visit her in Korea for Christmas, we unfortunately only got to spend 4 days together, but it was an amazing 4 days and I can’t wait until the next time I see her (which might not be until next May).
-Went back to Korea twice this year, both times to meet a girl…

Lowlights
-I could have made more with crypto-currency. A lot more. But who could have expected Bitcoin to rise up 900%+ this year, or Litecoin to go up 7000% or Ripple to gain 10000%? And so on and so forth.. heck investing in ANY top 10 crypto coin this year could have made you rich. I was too timid at the beginning of the year, didn’t hold long enough, and lost my chance at becoming a millionaire. Oh well.
-Absolute boring-ness this year. Didn’t go out much. Didn’t make many friends. Work was just so-so. I was quietly dying on the inside this whole year.
-Donald Trump. Yeah I hate him. In San Francisco, who doesn’t? I’m no liberal but even as a conservative I can’t stand the guy. Especially when he’s threatening North Korea (and by extension the safe being of South Korea) all the time!
-6 times going back and forth between Canada-US border to get my TN visa processed. 6 times getting harassed at the border and getting treated like a criminal! this is partly the reason why I don’t want to get a new US job.

Summary
2017 is a year that won’t go down as one of my more exciting years. This year was all about making money and saving money. Granted, I did do a lot of that. Due to the great performance of both the stock market and cryptocurrencies, I doubled my net worth this year. I also tried my best not to spend *as* much as last year. 2015 and 2016 I bought countless electronics and gadgets. I think this year I bought one new laptop (Thinkpad TP25), 2 new watches (Frederique Constant Moonphase and Orient Star GMT), and some phones (BlackBerry KeyOne, Sony Xperia XZ1 Compact, Google Pixel 2) as well obviously games and stuff but those were the only things I bought at full retail price. Last year was far worse (I bought 3 new laptops in Dec 2016 alone!).

So yeah I know I have to do more. My best friend in SF is my idol; he not only made tons of gains by holding onto his Litecoin / Ripple holdings, but he’s always frugal and never buys anything unless he absolutely needs it. Would be nice to be like that.
Aside from that, not much else has happened this year. San Francisco is becoming a wasteland. More and more homeless people. Higher and higher prices. Less Koreans/Japanese/Taiwanese/Internationals in exchange for the only race that seems interested in staying here which are mainland Chinese. And some mainland Chinese are alright, but its no secret that I don’t get along with the majority of them. I find most of them pretentious, materialistic, and overly ignorant / prideful.

The main purpose of this year really, is to gear up for the monumental changes to my life that will happen next year. I’ve already prepared for it. At a certain point in time next year, I will sell my apartment, leave the USA, and finally after 7 years of living here, and the first time really ever in my life, give myself some freedom, with no obligation to study or work. No more TN visa hassles. Just meet my girlfriend (which I also have big plans for next year, if it all works out with her), travel to different countries, and settle back down in Canada. Big changes are happening next year, and partly the reason why 2017 *had* to be a boring, stable year is because this was a preparation year meant to save up money and gear up for next year. And in that sense, I felt that this year was a success.

Categories
General

updates on my life…

Checking back in again on my monthly status report here.. not much has changed, SF is boring as usual. But there is no shortage of things I have to do.

1) I can’t get a home equity loan due to not being a US permanent resident (strangely I was able to get a mortgage tho?) so I have to rely on making a deposit for my Canadian home using cash instead. I have about $30k CAD in my bank there already so I need roughly $100k CAD ($75k USD) more saved up to get enough deposit for a $600k home in Vancouver. That means I need to save up quite a bit well into next year.

2) My company said I’m performing quite well enough to transition into full time, but while I think being a contractor means I lose out on PTO and stocks, I find the hassle of getting a visa very annoying. It took me 3(!) tries to get my visa last time when I crossed the border. such a hassle… not sure if its worth it.

3) I have to get the insurance company to reimburse me for my rental car accident which I got while driving to the DMV to get my license renewed.. its another big hassle

4) I have to get Walmart to reimburse me for the corporate credit card charges that I filed an expense report for back in January… Citibank keeps calling me, and yes its another hassle.

5) Everytime I take time off work as a contractor it hurts me. But I’ve been having breathing problems recently and had to go see the doctor and again.. its a hassle

6) I cancelled my chase rewards trip which I booked using points because I wanted to transfer the points somewhere else so that I could get a better deal on the trip – it cost me $100 to cancel and the rewards wont be refunded for 2 months. in the meantime I need to book a trip to Korea still so I had to pay that in cash since I’m not going to get the points back in time. So yes.. another hassle

7) I realized that Comcast has been charging me $10 a month to use their modem(!) for 3 years I’ve had to pay that insane fee thats $120 a year. So I have to get a new modem and send theirs back and make sure they dont bill me anymore for that! another hassle

8) I have to get my Google Pixel fixed because I dropped it and cracked the glass on the screen and it interferes with my camera – now you see refractions on the camera so thats another thing to do.

9) I tried transferring some Bitcoin into Bovada to be able to bet on the NBA games that I wanted but it seems that my transfer made it through but they still haven’t deposited that money into my account yet. So thats something else I have to talk to them about to make sure they get my money on time so that I can bet. Another hassle.

10) I have to transfer my webdomain over to a google domain so that I can host my website (this one) on my synology DS instead of using SiteGround so that I can save $100 a year on that.

11) Of course I still have to find a Korean girlfriend to marry, and right now I have only 2 weeks of vacation to go back to Korea. If I can’t find a girl to bring back during that 2 weeks, I’ll have to see who I can find when I move to Vancouver. This is easily the hardest thing to achieve on this list.

In other news.. Bitcoin / Ethereum are at all time highs and I have a little bit of each as hedges. I made back all the money I lost last year from gambling ($8k) with BTC/ETH so that seems great so far! Although I missed opportunities to make more. Stock market is also at all time high so I’m a little wary. I am bullish on TSLA, AMZN, NFLX, NVDA, BABA and FB though. But waiting for good time to get in. Trump’s ongoing antics have been crazy and I think its just a matter of time before he gets impeached. Its been 5 months in and he’s already had a ton of scandals. And finally.. I went on a little bit of a spending / selling spree, sold my Gretsch White Penguin and my old drone and bought my friends Macbook Pro (2016) and the new Phantom 4 Advanced. The camera lens is amazing! see below:

Got the DJI Goggles and DJI Spark working too…

and the Nintendo Switch as well… (was finally able to get my hands on it)

Oh and watch me assemble my guitar in fast time its pretty cool

and a lesson in guitar…