Welcome to my income report for July 2021

In July I have earned $94 passively in total. 1% more than in the previous month.

What I Did In July

Today, I will post a short report. Firstly it is summer so nothing significant happened. And secondly, I had many other activities besides sitting in front of the computer.

Ever since covid restrictions eased out and my favorite spots opened for business, I took it as an opportunity to amp up my training. For the past 8 months, I kept myself in shape by doing long-distance running and resistance band workouts. Nothing more.

So to make up for lost gains, I decided to start a bro-split workout. Instead of going 2 times a week, I show up 6 times a week. Not that it would make any difference.

After all, I plateaued quickly after three years of doing calisthenics and weightlifting. I already accepted I will never become a greek god because of my genetics and because I want to stay 100% natural.

But bro-split workouts should make lifting iron more fun and challenging again.

Each day you focus on a different muscle group loosely related to each other. Which is very beneficial for older guys like me with stiff tendons and slower recovery rates.

Each muscle group has a whole week to recover and because they donโ€™t fully depend on each other, I can give each exercise my full attention. Whiles previously, I did a whole body workout two times a week, which was barely enough for maintenance.

Thanks to the change in regime and the keto diet, I already see some visible growth. Especially triceps and biceps look more defined than ever.

Besides bro-split I added some breakdancing moves into my workout.

Yeah, at the age of 35 I am gonna try Bboying. I am not kidding.

Breakdance has always been one of my dreams since I was a kid. That and to become a professional DJ. None of which materialized later in my adulthood, but it is never too late to try.

At my current physical level, it actually makes a lot of sense.

Did you know, that breakdance has a lot in common with gymnastics and calisthenics? I did not.

A lot of breakdancing moves originated from gymnastics. They took highly explosive tricks and added some twists on top. So having proper strength foundations thanks to calisthenics gives me a real chance to learn breakdancing. Unlike 20 years ago, when I was a skinny kid with no clue how to condition my body.

And what are my first impressions?

It is difficult as hell. I get sore like at the beginning of my calisthenics journey four years ago.

I might have basic strength and endurance to execute some of the basic moves, but I donโ€™t have the flexibility in my hamstrings, shoulder tendons, and body coordination to make those moves looks good or do more repetitions.

So the progress is as slow as with yoga static poses like handstand press or advanced calisthenics moves like planche and front lever. I am limited by my tendons and their slow recovery rate.

But the pain is totally worth it. It is so much fun to move my body in weird positions while activating muscles I never used before.

Just doing breakdancing alone should totally replace any pushing/shoulder workout or cardio. And the best thing is, you donโ€™t need any equipment, just a flat clean ground with enough space to rotate yourself.

Realistically, I plan to stick with it and learn basic rotating moves by the time I reach 40. So wish me luck.

Live projects

The Hustle App

In June, I continued to use The Hustleย every day. The big refactoring project is still on hold.

Good House Music

At the time of writing this post, myย Good House Music Youtube Channelย grew to 303 subscribers. A 5% increase over the previous month. I have uploaded 1 DJ mix and only 1 new single track. The most viewed track recorded 68 views.

I will keep uploading till I reach 269 uploads, then we will see if it is going anywhere.

Personal Youtube Channel #1

In July, I posted 0 new videos on my personal Youtube channel.

I will keep uploading till I reach 246 uploads, then we will see if it is going anywhere.

Personal Youtube Channel #2

In June, I posted 0 new videos on my personal Youtube channel.

I will keep uploading till I reach 30 uploads, then we will see if it is going anywhere.


I am currently taking the time off from development. Which should help me in regaining the stamina I need to push this project further.

Income Report Breakdown

For charts and numbers, click on my new Open page

P2P Lending

I am still keeping few dollars on my account with an Autotrader set on.

Savings Accounts

It is so sad that inflation rose by more than 3% while interest rates on savings accounts are kept at the bottom for longer than necessary. While the government sees inflation as transient, I believe we havenโ€™t seen its full effect yet. Chips, wood, steel, everything skyrocketed above pessimistic thresholds.

If you considered buying electronics or construction materials, now is the time. Even goods, that are not best-sellers are twice as expensive, like printers. So depending on your shopping basket, the real inflation might be much worse.

Not many are aware that mere inflation of 2% yearly results in a 51% loss of the nominal value in ten years. One grand CZK today will shrink to 490 CZK in ten years.

Now imagine if the real inflation was 50%. Then it is better to bank run and move to greener pastures. Fortunately, I donโ€™t keep everything in local currency, so in case of monetary reform, I can easily transfer the value to other assets classes.

Right now, I still keep a small portion of money in savings accounts to cover my living expenses.

Stock Investing

In July SP Index grew by 2,3%.

Because I was on vacation, I didnโ€™t have the motivation to monitor the market every day. Therefore I missed some profits, but I missed some minor losses as well.

There was a 3% correction in mid-July when I took a 500 USD loss. It would eventually turn around into profit in the next weeks, but I donโ€™t have a crystal ball, and holding a losing contract is not for faint-hearted.

So July was underperforming and the sudden pre-market moves reminded me how slowly price can climb, only to dump in a matter of minutes. That is why some traders blow up their accounts because they do worse case calculations based on end-of-day data. While the price volatility can be three times as much intraday.

I also made some bad bets on meme stocks, which resulted in some additional losses. Greed got me again and I ignored my rule to focus only on dividend blue-chip stocks.

Fortunately, my other tiny Revolut portfolio is green and proves, that I behave differently when placing 50USD bets vs larger ones. Only if I did not overanalyze every trade and managed its risks my gain would be doubled by now.

Used Stuff Sales

My path to life minimalism went well in July. I did not sell anything, but I threw off some unused clothes, the fewer material things I own, the more freedom I get.

Plans, dreams, and wishes

My goals for August are the following. Study for a driving license, enjoy summer and learn some moves!

That would be it. Thank you so much for following me on this journey and see you in the next report.

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