If your Financial Advisor or Pension Manager is not exposing you to Bitcoin, you need to fire them.
A bit of history. You are probably familiar with the 60/40 rule. 60% of your portfolio should be in equities. (Stocks) And 40% should be in government bonds. The bonds are a hedge against market volatility.
In 1978, close to 40% of workers had a pension. Also in 1978, the 401k was created for the 60% of workers who were not represented and did not have a good solution for retirement.
One key factor to remember. In the late 1970s and early 80s, the US bond yield was 14%.
Ok, so here you have pension managers and financial advisors running your money. The target return that you are sold is 8% annually....ANNUALLY!! When the bonds are yielding 14%, the 8% target is conservative.
Fast forward to today. The US bond is yielding 1.5%. So let me ask this. When your trusted managers are selling you on your future, what is the return they are using? 5%? 3%?
If you need a hedge against market volatility and you are not looking at Bitcoin, you will be poor. Simple as that. So ask your advisors what are they doing about it. Ask them where are they putting their personal $$.
Better yet, fire them all. Study and train yourself to run your own $$.
I've had this question for a long time. I know the USA is printing money like crazy. But also, countries around the world are doing the same thing with their currencies. So isn't it a wash? Why does it matter?
Preston Pysh answered this for me:
https://threadreaderapp.com/thread/1470792736626331659.html
As the fog of war billows, we see truths and carnage that make little logical sense. This is not a story by Stan Lee. There are evil men on both sides. There are innocents on both sides.
The puppet masters have what they want. You’re afraid. You’re angry. You hate. And eventually you’ll suffer. They will reap the reward of your enslavement.
It doesn’t have to be this way. Remove yourself from the machine. Take back your life. Make no mistake, though. It won’t be easy. They need you fat, dumb, and happy. They will do whatever it takes to stop you.
Start slow and covertly. Unsubscribe from the media and tech they use to control your emotions. Verify their claims on reality. Assume the narrative is false until proven true. Unplug.
Find your community. Build trust in the service of others. Act locally.
Remove the yolk of fiat. This above all else. The masters main tool to control you is the bit and bridal of a corrupt money. Money that only they control. ...
