Financial advisors need to study Bitcoin in order to prepare for a changing economic order, systemic risks and a possible return to a sound money standard.
$1,744,940.22
$1,006,265.68
What’s the difference between these two numbers?
The first is $100,000 compounded for 30 years at roughly the long-run rate of return for stocks, or 10%. The second is $100,000 placed into a specially selected basket of diversified stock funds that basically do the same thing — less the 2% management fee your financial advisor is charging you.
https://bitcoinnews.com/bitcoin-lunch-financial-advisors/
PlebiusEconomus / Mickey
npub17t…9655z
2023-04-03 21:18:14
Author Public Key
npub17tjyceelxt0m6j0xgwvth9htxaer5dmskxatnhtpeqfhuu6af8wqk9655zPublished at
2023-04-03 21:18:14Event JSON
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"pubkey": "f2e44c673f32dfbd49e64398bb96eb37723a3770b1bab9dd61c8137e735d49dc",
"created_at": 1680556694,
"kind": 1,
"tags": [],
"content": "Financial advisors need to study Bitcoin in order to prepare for a changing economic order, systemic risks and a possible return to a sound money standard.\n\n$1,744,940.22\n\n$1,006,265.68\n\nWhat’s the difference between these two numbers?\n\nThe first is $100,000 compounded for 30 years at roughly the long-run rate of return for stocks, or 10%. The second is $100,000 placed into a specially selected basket of diversified stock funds that basically do the same thing — less the 2% management fee your financial advisor is charging you.\n\nhttps://bitcoinnews.com/bitcoin-lunch-financial-advisors/",
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}