Business & Tech
Greater Omaha Chamber: How Much Bitcoin In Your Financial Plan?
Let's skip the suspense: In nice, round numbers – the roundest number, in fact – 0% of your financial plan should be in Bitcoin.
5/28/2021
Let’s skip the suspense: In nice, round numbers – the roundest number, in fact – 0% of your financial plan should be in Bitcoin.
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I received an email this afternoon from a representative of something called Osprey Funds. He invited me to an “interactive event” that would explain how Bitcoin compares to other asset classes. I could also learn about “accessing” Bitcoin for our clients.
There’s so much wrong with this, but I’ll be brief.
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Start with the name of the group putting on this educational event – Osprey Funds. A quick Google search describes the osprey as a “fish-eating bird of prey.” Hmm. If the one doing the selling is the osprey, doesn’t that make their customers the fish?
But let’s say I can get past the image of being attacked from the air and devoured. Shouldn’t I be interested in adding a new “asset class” to our clients’ portfolios? Diversification is a worthwhile thing in financial planning, isn’t it?
Continued: How Much Bitcoin Should Be In Your Financial Plan? (am1st.com)
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Media Contact : Katerina Wiese Related Links : www.am1st.com Source : https://www.am1st.com/how-much-bitcoin-should-be-in-your-financial-plan/
This press release was produced by the Greater Omaha Chamber. The views expressed here are the author’s own.