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Oh and also.... he writes one page contracts to purchase multi-million pound companies!
Saved a cat from a tree too I hear
Oh and also.... he writes one page contracts to purchase multi-million pound companies!
I did enjoy reading this post, but don't think that this is the only 'right' way.
Warren Buffet only plays things safe, wouldn't touch bitcoin with a bargepole, and invests in the boring stuff which gets ignored by the city boys... and is arguably the greatest investor in living history.
There is also the whole longevity thing.... Bitcoin has had huge returns in a short time frame, but that doesn't necessarily make it a better investment than one which could realistically increase in value 10% per year for 30 years. Any compound growth calculator will demonstrate.
You can also leverage some asset classes, and I can't think of a way you can currently do that with bitcoin.
An acre of UK agricultural land is currently about £10,000. That at least doubles every decade, because its limited in supply. Plus some people win the lottery when their plot is zoned for development, supply actually DECREASES and the population is growing faster than ever, so it is forever DECREASING in supply as more housing is required.
That's better than the 'Fixed' supply that Bitcoin will one day offer isn't it?
The Chinese have been buying up agricultural land in Bulgaria and Romania.... humans need food. That said, they have been buying up everything.
Selling on fear is a wonderful thing, it allows the rest of us to keep topping up![]()
Selling on fear is a wonderful thing, it allows the rest of us to keep topping up![]()
Preaching to the choir Edwin, learnt about compound growth in A level business studies and started a pension 4 days after my 18th birthday
Only 15 people on my course though and they should really be sticking this stuff on the curriculum and teaching it to all 15 year olds, should bring back 'Home Economics'.
Which joke crypto is that with the $1 value?
I guessed doge, google and it turns out I was right, so I'm quite pleased with myself lol
https://www.cnbc.com/2018/01/04/cry...as-a-market-value-of-more-than-1-billion.html
Doge is a meme
A BillionWhich joke crypto is that with the $1 value?
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