jakewoodhouse on Nostr: 3 years ago I encouraged my family to allocate 10% of our investment trust into ...

3 years ago I encouraged my family to allocate 10% of our investment trust into Bitcoin

Thankfully they agreed

It’s up 450%

And is now 30% of the portfolio

The bulk of the capital is in tradfi allocations

One of our money managers told us at the time that you couldn’t beat inflation

His recommendation was to buy a tax exempt uk government bond with a “net yield” of 7%

Interestingly, instead of seeing the power of Bitcoin to outpace inflation and protect family wealth

Now they’re coming for the position to “take profit”, “de-risk”, and “re
-balance”

You can guess what my opinion is

NO….

We beat inflation

You said we couldn’t

We proved that you could

And now you want diworsification

Problem is, family members are lured in by their “regulated family wealth adviser” chat

Some tricky conversations ahead