Why Bitcoin is the Trade of a Lifetime #Podcast

Bitcoin and cryptocurrency and blockchain in general present a once-in-a-lifetime opportunity to experience explosive wealth generation within an asset class that is set to not only disrupt the banking but also the legal sector.

Although investing in established asset classes are safer (e.g. stocks, bonds, and property) safer assets also have less potential for growth. It is unlikely you will make significant money in safe investments. Great wealth made quickly is normally achieved by ramping up risk significantly, e.g. through leverage or by shifting funds into risky areas, e.g. emerging and frontier countries as well as emerging and frontier technologies.

Blockchain is a frontier technology, a nascent market unburdened by excessive regulation or rent-seeking monopolistic entities. It will not be like this forever. We have already seen web, social media, and smartphone technologies becoming dominated by large companies that have laid in place the infrastructure upon which commerce in these areas operate, e.g. Google in web; Facebook in social media; and Google, Samsung, and Apple in smartphones. These three tech sectors of web, social media, and smartphones make up the bulk of the Nasdaq 100, an index that is now quite saturated.

Investing Under a Trump Presidency [Podcast]

I am certainly not a Trump fan. I actually find the man quite disgusting, and I watched in horror as he was elected President of the USA. That being said, the stock market boom following his election has increased my net worth considerably, and I expect more gains in 2017. However, there are significant risks involved in investing in American equities at this time, so while you should be exposed to the market to capture all the gains from this bull market, you must be prepared to exit the market quickly once it is clear the boom is over.

Other topics discussed in this podcast include Wall Street’s complete takeover of the White House as well as reasons why residential real estate is a bad investment.