Bitcoin Hit $103,000! We Made History Today.

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Season 2 Episode 14- Bonus episode of Not Me, But You!

If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Click link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF

What a historic day! December 4, 2024. Bitcoin has hit a new all time high price! Bitcoin over $100,000 per coin! 

Bitcoin is the best performing asset on the planet. This is how you get rewarded for buying/holding high performing assets. Bitcoin runs in 4 year cycles. And at some point, every 4 years, it reaches a new all time high price! 

BlackRock and Fidelity are selling a financial product (a Bitcoin Spot ETF) that is directly linked to Bitcoin! Would some of the largest financial companies on the planet, “invest” in Bitcoin if it was a scam? 

Your money (in my case, dollars) has one job…to have babies! Your money has to make you MORE money. We all will benefit from buying/holding slices of Bitcoin. And we can also benefit from buying “Bitcoin proxy assets” like MSTR stock. Or MSTY ETF. Do your own research! There is risk involved. 

Two type of stocks (assets) we share hold but/hold…growth stocks and dividend stocks that pay us dividends and give us cash flow monthly/every 3 months. 

We need to buy/hold assets that pay us a high enough rate of return, that outpaces the rate of inflation. If you don’t, how will you possibly afford to buy a Big Mac at McDonald’s when it will cust $70 per sandwich! That’s inflation causes prices to go up over time! 

Retrain your brain to think like wealthy people think. We all need assets to grow and increase in price over time. We all need cash flow! 

Have courage today to pick one thing, and work on your dreams. 

I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.