What is Nostr?
Marc26z
npub1mar…f3g0
2024-10-18 17:48:33
in reply to nevent1q…cn9v

Marc26z on Nostr: I had a simmilar experience with a pension I want to roll over, but the rules don't ...

I had a simmilar experience with a pension I want to roll over, but the rules don't allow ETF's.

The financial advisor said I should use an aggressive fund that yields 12% and that's a good thing because bitcoin is down 15% or whatever.

I didn't even mention bitcoin. but I have bitcoin art on my wall. 🤣

I told him how much it was when I started stacking and he abruptly ended the video chat.🤣

It made me realize that a well diversified trad-fi investment is really just matching the increase in monetary Inflation. The entire "system" is about preserving present day spending power over the long term.

In that system, 12% keeps you from sinking with the Titanic, but it's no way to build generational wealth.

Bitcoin is a new system, a p2p electronic cash system that makes no sense in the old system. That's why it's so difficult to orange pill people in the old system. That's my two sats anyway.
Author Public Key
npub1marc26z8nh3xkj5rcx7ufkatvx6ueqhp5vfw9v5teq26z254renshtf3g0