Why Does Bitcoin Matter? - Minus 8% Rule Of Investing

Send us Fan Mail

Season 2 Episode #33. Not Me, But You! Podcast. 

Why does Bitcoin matter? Where does inflation come from? How do I invest to overcome the true rate of inflation? How as an investor, do I benefit from inflation in the overall economy? 

What is the minus 8% rule? What is better: Growth stocks vs. dividend stocks? Why new investors should avoid investing in: Apple, Microsoft, Google, Facebook, Amazon etc. 

We cover the answers to the questions above and talk about the best performing asset on the planet. We discuss growth stocks vs. dividend stocks. Bitcoin has a limited, fixed supply. That is one reason it is valuable. The price of Bitcoin, going forward, will continue to rise overall, as there are more buyers than sellers, more demand for it, and more adoption. 

As you prepare for retirement, it's important for your investments (pile of money) to grow at an interest rate that OUTPACES the true rate of inflation. By doing this, you will ensure that you have enough money, in the future, to afford the cost of everything you buy, as prices continue to rise with inflation in the future. 

Investing isn't just about having more dollars on your statement each year. You have to make sure that your pile of money is growing with the true rate of inflation, so that the PURCHASING POWER of your money is preserved in the future. 

Cash flow is probably the MOST important thing for you to build. Why? Because people who retire then discover that they can't afford retirement, are experiencing a lack of adequate cash flow. It's not enough to simply HAVE cash flow. You have to make sure you have ENOUGH cash flow both for now and for the future. 

Is Bitcoin price volatile? Yes, but don't let that prevent you from buying it. Invest in Bitcoin on a schedule. Dollar Cost Average buy into it, regardless of what the price is. If you do this over the next 5 to 10 years, you will be shocked in the amount that you can accumulate in 5 or 10 years. 

If Bitcoin, one day will cost $1,000,000 per coin, shouldn't you own at least a portion of one? Treat your dollars (fiat currency) like your employees. Manage your "employees." They have one job. To make you more money! 

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.