Bitcoin will soon End Investing | The NEW 60/40 Rule for all Investors (Part -III)
Which means the more acceptable it becomes and that just continues
bitcoin is definitely going to benefit from a network effect of growing
adoption across multiple industries and as it begins to solidify as an
alternative asset class its value should begin to stabilize and that has a chance
to benefit those who use this as a store of value but unfortunately
the downside to all of this is that pretty soon tech stocks could be influenced by the price of bitcoin
because that's how these companies are now keeping their reserves
for example analysts now say that the price of tesla stock is tied to the
value of bitcoin so if bitcoin goes down and tesla owns bitcoin then tesla could
actually go down because of that the same could also be said about any other
company that holds its reserves in bitcoin and really as more companies in the s p
500 begin placing their reserves in bitcoin you'll probably have some exposure to bitcoin
inadvertently because of that whether you like it or not so given all of this and the potential
end to the 6040 portfolio here are my own thoughts and where we could go from here.
When it comes to creating a portfolio that allows you to one day retire and
live fully off your investments i agree there's actually room for
bitcoin as bond yields have just gotten lower and lower over time
it's made them considerably less appealing to invest in
my overall thinking though is this if you're within five to ten years of
retirement it's not a horrible idea to keep some of your money in bonds
really just as a way to keep more money on hand in case the market goes down and
you need something to fall back on but if you're 20 years or more away
from retirement and you're looking to grow your money
as efficiently as possible then i do agree that bitcoin is a place in your
portfolio alongside stocks that's because when you're y oung you
have enough time to recover from any sort of market crash that you don't
necessarily have when you're older so you may as well use that to your
advantage now now as for myself i currently have about two percent of my
net worth held in bitcoin and i'm looking to probably bring that up closer
to five percent by the end of the year i see a lot of potential in holding this
just as a hedge against the us dollar and also with the expectation.







