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.