
A new asset class to for diversification: Cryptocurrencies
Chacha_Kientinu
Description
<p>Problem: Most portfolios are not fully diversified</p> <ul><li style="font-weight:400;">They just own stocks and bonds</li> <li style="font-weight:400;">What happens if the global economy is slowing (because there’s a lot of debt) and bonds are paying negative real interest...where does money go then?</li> <li style="font-weight:400;">1970s (1968 to 82...lost decade +)</li> <li style="font-weight:400;">Early 2000s (lost decade)</li> <li style="font-weight:400;">Lost compounding forever and puts portfolio significantly behind goals</li> </ul> <p>My thoughts: Can’t control what politicians do, but owning scarce asset classes like gold, real estate, and the new digital asset class cryptocurrencies (have historically) provided a hedge against government money printing.</p> <p> </p> <p>Powered by Stone Hill Wealth Management</p>