Jean Galea

Health, Wealth, Relationships, Wisdom

  • Start Here
  • Guides
    • Beginner?s Guide to Investing
    • Cryptocurrencies
    • Stocks
    • P2P Lending
    • Real Estate
    • Forex
    • CFD Trading
    • Start and Monetize a Blog
  • My Story
  • Blog
    • Cryptoassets
    • P2P Lending
    • Real estate
  • Consultancy
    • Consult with Jean
    • Consult a Lawyer on Taxation and Corporate Setups
  • Podcast
  • Search

A Guide to Backing up Your Important Digital Assets

Last updated: March 09, 20227 Comments

backups

Backups are essential both on a personal level and perhaps even more within a business context. My work and play are fairly intertwined, so for the purposes of backups I can’t really distinguish the two. What I will explain in this post can be used by someone to backup personal data but will also be useful to freelancers and small business owners.

There are some basic principles with regard to backups, and you should be aware of them.

  • 3 copies of anything you care about – Two isn’t enough if it’s important.
  • 2 different formats – Example: Dropbox+DVDs or Hard Drive+Memory Stick or CD+BackBlaze, or more
  • 1 off-site backup – If the house burns down, how will you get your memories back?

I used to have an Apple Time Capsule where I backed up all my Apple laptops and iMac automatically (including attached drives). I’ve since gotten rid of the Time Capsule and purchased a Synology DiskStation DS916+ which gives me more flexibility. The Time Capsule had really become too small for my needs at 2TB. The new Time Capsules have a max of 3TB hard drive space, which is still quite tight for my needs.

The Time Capsule also functioned very well as a wifi router, so I had to get another router instead, but that’s a minor inconvenience as they are quite cheap anyway.

The other benefit of having the Diskstation is that I use it for streaming video via the Plex app and then accessing media from any device around the apartment. It’s like having my own private Netflix. I also set up other things like Gmail and Trello backups as well as video surveillance in my apartment. You can read about all this in my dedicated post about backing up with a Synology Diskstation.

I had also considered the Drobo 5n, but after watching the video below and asking some friends for their experiences, I decided on the Synology system.

Another important benefit of using a Diskstation over the Time Capsule is that you can use RAID for better peace of mind. If a drive fails, the files are not lost, you just have to buy another similar drive and replace the dead one. The Diskstation will then take care of setting up the new drive and adding it to your storage.

Of course, if I would be still traveling frequently and changing apartments, the Synology setup would not be practical as it involves more hardware. Traveling with the Time Capsule is manageable, at least with the older version (A1409) that I had.

For off-site backups I used to use Backblaze but I’ve stopped using that as it was quite slow backing up from Europe and consumed resources on my devices. Plus I was never 100% convinced that at any point in time the backups would work.

I also have two external drives which I use for photos. I don’t keep any photos on the Macbook; instead, I transfer them all to one of these external drives, then mirror that drive to the second one. So in the case of photos, I have two copies of them on my external drives, another copy in the on the DiskStation, and another manual copy that I keep in another country (I move between two countries quite frequently).

Photos and videos are very important to me and hence why I have 4 copies at any point in time. The drive that is kept in another country is an absolute last resort and is only updated a few times a year, so in that scenario, I would still lose a few months’ worth of photos and videos, which is not ideal. All copies are encrypted.

You will have noticed that this system is not completely automated. It is, unfortunately, impossible to automate it completely because some devices such as my cameras (Sony RX100, GoPro, Mavic Air) don’t have the functionality to connect to the internet and take backups on their own. That means that I have to manually connect them to my laptop and transfer the photos to my external drive. When I’m on holiday I try to do that every day. During the rest of the year, I do this once a week and only if I used those cameras during that week.

Apart from files on my computers and external drives, I use Evernote and Day One extensively.  Time machine backup of Mac includes both local and synced notebooks (at the time when the backup was made). If you would like to generate a manual backup of your notes, what I can recommend you is to back up your notes as .ENEX file instead. You can read the help article about How to Backup and Restore Notes.

Day One keeps in sync across all devices using Day One Sync, and so that creates an automatic backup in the cloud of your notes. The Day One app on the Mac also keeps a local backup, which is itself included in the Time Machine backup.

If anyone has set up something similar, I’d love to have your thoughts.

Filed under: Tech

Thoughts on Climate Change

Last updated: September 12, 20231 Comment

A few years ago I watched the documentary produced by Leonardo di Caprio: Before the Flood.

I was fully convinced by the movie that climate change is the biggest threat facing humanity today and saw it as a perfect showcase of the extent to which politics and greed have destroyed this planet.

Here’s what I had written back then.


So what can we do about climate change? We can, of course, support politicians and groups that are working to stop this wanton destruction of our environment. Moreover, we can vote with our money. What I mean is that the purchases we make help influence the supply chain of products.

If we continue buying meat, for example, we will encourage the big industrial agriculture companies to continue to rear the animals that give us this meat.

Did you know that the global livestock industry produces more greenhouse gas emissions than all cars, planes, trains and ships combined?

It might sound strange because we tend to think of pollution and climate change as being caused by machinery and means of transport. While those are certainly causes of pollution, the livestock industry is a bigger cause of concern.

Appetite for meat is rocketing as the global population swells and becomes more able to afford meat. Meat consumption is on track to rise 75% by 2050, and dairy 65%, compared with 40% for cereals. By 2020, China alone is expected to be eating 20m tonnes more of meat and dairy a year.

These are crazy and unsustainable figures. To put things into perspective, take a look at the chart below showing land use, freshwater consumption and emissions from agriculture and production for plant-based vs animal-based foods.

raganathan-2016-ifrpi-report-graphic

Diet shifts could have large benefits in terms of global warming, apart from being good for you.

I’ve always tried to stick to a healthy diet and lifestyle, but knowing the above I will now make further tweaks to my diet.

Entrepreneurs like Elon Musk are also working on the climate change problem. In this documentary, Di Caprio visits Musk’s Gigafactory in the Nevadan desert. The Gigafactory is the latest project of Tesla founder Elon Musk. Once at full operation by 2020, the vast factory aims to be producing annually 500,000 electric vehicles and batteries/cells equal to 85 GWh/yr. A hundred of these factories would produce enough sustainable energy to power the entire world.

Bravo Elon Musk, I love what he is doing and we need more entrepreneurs with grand visions like his.

Coming back to the topic of food, which I believe is where our choices can have most impact, here’s what action I’m taking.

I have decreased my consumption of beef; eating it at most once a week. I’ve also eliminated dairy completely apart from the occasional yoghurt.

I’ll also be trying to eat locally-sourced foods as much as possible. In this global economy of ours, food is transported over thousands of miles to reach us. This causes pollution from the means of transport, and of course, also means that that food is not as fresh as locally sourced food.

It’s good to see that change is happening, and I’m excited to be part of this change myself. If you love the documentary and want more material to dig into, I can suggest a great book that I’ve just finished reading myself: This Changes Everything by Naomi Klein.


I like to look back at how my beliefs change over time. I’ve been growing more and more skeptical about hyped public opinions over the years, and the COVID mask and vaccine-mandate bullshit really illustrated beyond any doubt that most people are sheep and most politicians have perverse objectives, so one needs to be very careful when examining big ideas like climate change.

While my consumption of beef has always remained fairly moderate, and my lack of dairy consumption these days has more to do with optimizing my diet than saving the planet, I’ve come to revisit my opinions on climate change, and honestly, I’m not that sure of things anymore.

There’s one thing that stands out to me as being full of shit, and that’s climate policies. Here’s a podcast that addresses the issue. Another key things that springs to mind is that while there is a lot of talk about renewal energy, we are still ignoring our cleanest source of energy – nuclear. All this because people are scared of it and therefore politicians don’t want to touch the subject because they know they will lose votes.

It seems evident to me that the subject of climate change is a deep and nuanced issue so you need to spend a lot of time researching to have a strong opinion on the topic. I look forward to reading more myself, so if anyone has any good links to books or other materials feel free to drop them here. I think everyone should be interested in the topic both from an investment angle and as a more general future of humanity one (in our lifetime and those of our children).

I’m also old enough to have been through several climate change scares and narratives. This post is basically what I would have written myself about the topic so I won’t be repeating it. But as a reminder to myself, as a child we were indoctrinated to believe that:

  • a 1-degree Celsius rise in global temperature would irreversibly damage our global climate
  • a massive hole in the ozone layer is threatening our survival
  • we need to curb our usage of fossil fuels because we will run out of them shortly after the end of the millennium
  • forests were being depleted at an alarming rate

While all points had some element of truth, there was an alarmist attitude that I’ve grown to despise over the years. I love going into the weeds with any topic that I feel is relevant to my life (and the survival of our species would definitely count as one) but I don’t like being preached at with exaggerated claims just to be coaxed into whatever action governments wants me to take. And that’s my big issue with the climate change movement.

On the other hand, there is no question that the investment landscape has been affected by climate change policies, as highlighted in the podcast I mentioned earlier. On that front, I think one could find some juicy investment opportunities based on the policies that have been or will be implemented to prop up some industries and sectors. One could also be rightly incensed at the misinformed opinions about topics like Bitcoin mining, where climate change is unjustly used as a weapon to attack Bitcoin to further another agenda.

From a lifestyle and future perspective, it could inform our decision on where to live, also planning for our children’s future life. We’ve already seen some climatic changes over our lifetime that have made some areas more dangerous/troublesome to live in, so it makes sense to think about that. And on a more long-term vision, I think we could also spend time thinking and researching about our transition to an inter-planetary species. Climate change or not, I think humankind is destined for this move and I hugely respect Elon Musk’s thinking and vision in that area.

People who are very vocal about climate change will immediately point out that people like Mr Peiser in this podcast are climate change deniers. This is typical nonsense that you also hear as soon as someone expresses any concern about topics like vaccines. They are immediately labeled an anti-vaxxer. Peiser doesn’t come across as a climate denier to me, although it is also true that he is not a scientist and therefore that’s a valid perspective to keep in mind. He says as much in the podcast, but I also fished out an excerpt from a previous interview of his: “there is a general agreement on CO2 and greenhouse gas: that we are pumping CO2 into the atmosphere and that this will have a warming effect. This is agreed by everyone so that is not the real issue. Even the skeptics agree to that. So, this is a red herring, because no one denies the basic physics, no one denies the basic facts.”

We are living in an increasingly polarised and short-sighted political environment where popular opinions trump skeptical and more nuanced views, and there is absolutely silencing of non-popular opinions as well as the extreme pushing of certain agendas that might not be wrong in themselves, but become problematic when politicians take control and start the brainwashing engines. So it pays to be an independent thinker and move towards being self-sovereign in as many ways as possible.

To reiterate, on this particular topic of climate change, I’m keen on learning more about all the relevant angles, so I welcome suggestions on how I can deepen my knowledge on the subject.

Filed under: Thoughts & Experiences

Mastering Your Time

Last updated: March 09, 2022Leave a Comment

mastering-time

We all know that once a certain level of basic income is reached, time starts to become the major constraint as everyone has the same 24 hours a day.

While our waking hours are more or less fixed, we can definitely optimize things to make the most of them. Do you think you don’t have time for some things you want to do? Think about the following:

Children aged 2-11 watch over 24 hours of TV per week, while adults aged 35-49 watch more than 33 hours, according to data from Nielsen that suggests TV time increases the older we get. The average American watches more than five hours of live television every day.

When I first read that I was shocked. While this study was done in the USA, I’m sure people in other nations are not doing a much better job at using their time wisely.

Booking your time in advance

I recently interviewed Curtis McHale on the Mastermind.fm podcast, and one of the key takeaways for me was the importance that Curtis gives to his time. In fact, he books time slots for the whole week in advance. I’m not just talking about his work day, but also time spent with his family, personal time etc. Absolutely everything must be planned for in advance.

This might sound like a rigid approach, but I like it a lot and am trying to implement it myself. Of course unexpected things will always crop up but then you can shift things around that. Most of our days are pretty regular and for most of us the unexpected big things will be few and far between.

Curtis’ method is especially useful for self-employed people and entrepreneurs who usually have almost total liberty on how to spend their days. Many times I struggle with seemingly stupid decisions that waste my time and use up energy that can be better employed elsewhere. For example, when I wake up in the morning, many times I have to decide whether to train in the morning or the afternoon, and what kind of exercise to do. This might sound silly to you but I’m sure you can find other areas in your life where you have a similar problem with deciding on how to best use your time.

[Read more…]

Filed under: Thoughts & Experiences

📈 Best Online Stock Brokers for Investors Resident in Europe in 2023

Last updated: March 21, 202430 Comments

online-trading-platforms-europe

Online stock trading platforms offer a wealth of convenience for investing at any point in time and also provide lots of information about the market minute by minute, helping you make the best decisions.

For active trading as well as long-term investing these are the best platforms I’ve found:

DEGIRO

what is DEGIRO

There are not a lot of online brokers that offer an asset library as extensive as DEGIRO. Whether it’s shares, bonds, ETFs, or funds – you’ll have access to thousands of instruments across 50 markets and 30 exchanges. This ensures that you can build a highly diversified portfolio and thus – mitigate your exposure to a single asset or marketplace.

In terms of the main attraction – fees, this is largely very competitive. In fact, if investing in major marketplaces found in the UK, US, and parts of Europe, the fees are much lower than most brokers out there. However, it is important to remember that the likes of eToro allow you to buy shares in a 100% commission-free environment, although spreads apply.

As such, if you really want to focus on keeping your costs to an absolute minimum, eToro might be better. On the other hand, although you might pay a slightly higher fee at DEGIRO, the platform does offer much more in the way of asset diversity.

Finally, I do like the fact that DEGIRO does not have a minimum deposit in place and charges no transaction fees, albeit, it’s a bit frustrating that you can only fund your account via bank wire.

You can take a look at my review of DEGIRO for more information.

Open a DEGIRO account

eToro

If you’re actively involved in the online trading space, there is every chance that you have heard of eToro. After all, the provider now has 13 million users under its belt – making it one of, if not the largest trading platform around.

eToro offers a wide selection of markets – all of which can be accessed online or via the app. When it comes to traditional ownership, you can buy and sell shares from 17 marketplaces. This includes stocks listed in the US, UK, Canada, Germany, France, and more.

You can also invest in ETFs – such as those backed by Vanguard and iShares. This is good for diversification purposes or gaining exposure to difficult-to-reach markets. You can also buy and sell cryptocurrencies. This covers 16 digital coins – including the big two: Bitcoin, Ethereum.

With eToro you will not pay any commissions on stocks and ETFs, however, spreads do apply. There is no sign-up fee or monthly/annual subscription, either. You will also avoid stamp duty when buying UK stocks, which saves you an extra 0.5%.

You’ll need to first open an account – which you can online or via the app. Then, you’ll need to meet a minimum deposit, which you can instantly fund with a debit/credit card or e-wallet. Bank transfers are also an option, but this can take up to 7 working days.

You can read my full eToro review here, where I delve deeper into why I like this platform, and what you need to be aware of when trading on it.

Trade on eToro

Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.

Saxo Trader

Saxo Trader is a trading platform owned and operated by the Danish bank Saxo Bank. The firm was founded in 1992 in Denmark. It initially began as a brokerage firm but received its European banking license in 2001, enabling it to broaden its financial services. The headquarters of Saxo Bank is located in Copenhagen.

Saxo Trader has carved out a reputation for itself as a reliable and secure trading platform, assuring its users a high level of trustworthiness. As a fully regulated and licensed platform, it operates under strict regulatory oversight, providing users with a strong sense of security.

The platform has in place robust security measures to protect users’ data and financial transactions. With two-factor authentication and encryption, Saxo Trader goes the extra mile to ensure users’ accounts and personal information are secure.

An additional feather in its cap is Saxo Trader’s Stock Lending Program, which I’ve been using successfully ever since it launched. This program allows users to lend out their shareholdings in return for a payment, creating an opportunity for additional income. Importantly, while their shares are on loan, Saxo Bank acts as the borrower, thereby ensuring the shares’ safe return. This aligns with Saxo’s philosophy of risk management and demonstrates their commitment to user protection.

Saxo Trader’s customer support is another aspect that bolsters its reliability. With a dedicated and knowledgeable team on standby, users are provided with prompt and helpful responses to their queries or issues. They offer chat support (the one I use most), and also telephone and email.

Open a Saxo Trader account

I always recommend looking at all the fees and factors, because what works best for me will not necessarily work best for you, depending on your location and investing strategies.

Have you found any other great online trading platforms? Let me know in the comments section.

Investing in stocks, bonds, and ETFs involves risks including complete loss. Please do your research before making any investment.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Filed under: Money, Stock market

How to Migrate from Zoho Mail to Gmail

Last updated: April 27, 201910 Comments

choosing-perfect-email-address

I recently decided to migrate one of my brands’ email accounts from Zoho Mail to Gmail. Google Apps has many more features than just Gmail and we were also having some spam issues with Zoho Mail so the move was a no-brainer really.

The only disadvantage is that Gmail is not free for business use with your own domain, but the price is worth paying, especially if you don’t require a large number of mailboxes/users.

In any case, my biggest headache was how to replicate the same mailboxes I had on Zoho Mail and move the thousands of emails from Zoho to Gmail. At first, I looked at export/import facilities in both services, however, it turned out that the solution is much simpler.

The best way to migrate is to install a mail package on your laptop, in my case I used the free Thunderbird. There are many others, take your pick or use whatever you have installed already.

Secondly, set up the Zoho Mail inboxes on Thunderbird with an IMAP connection. You also need to create the inboxes in Gmail and enable IMAP (it’s off by default). Then, also set up the Gmail accounts in Thunderbird. Once they can all connect it’s time to work the magic.

Let’s say I have a Zoho Mail inbox named [email protected] and I have set up the same one on Gmail entitled [email protected]. Once they are both able to connect from Thunderbird, what I do is access the Zoho Mail inbox, select all emails, then drag and drop into the same inbox on Gmail. That way the emails will be moved from Zoho Mail’s inbox to the Gmail one. That’s it, easy as pie.

Once you transfer all the emails in this manner, you will also need to set up folders (labels in Gmail) and filters. I suggest you set up the filters within Gmail itself rather than your email client on the laptop. That way you can switch clients at a later stage without having to set up the filters again. Gmail also has a great filtering system so there is no reason to use anything else.

It’s really easy to migrate from one email host to another using IMAP connections. The same procedure described above can, in fact, be used to migrate between any two email hosts that support IMAP.

If you want to keep using free Gmail and still want to use your domain name in your email, you can use the Improv.mx forwarding service.

Filed under: Tech

  • « Previous Page
  • 1
  • …
  • 87
  • 88
  • 89
  • 90
  • 91
  • …
  • 94
  • Next Page »

Latest Padel Match

Jean Galea

Investor | Dad | Global Citizen | Athlete

Follow @jeangalea

  • My Padel Experience
  • Affiliate Disclaimer
  • Cookies
  • Contact

Copyright © 2006 - 2025 · Hosted at Kinsta · Built on the Genesis Framework