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March 29, 2025 22 mins

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Season 2 Episode #38. Not Me, But You! Podcast. 

If you want to become rich, then you have to take some risks. At some point, you have to do more than just simply taking note of things. Moving from "research mode" to "taking action mode" is necessary in order to become successful. 

Here is possible shocking fact: No person who ever bought/held Bitcoin for at least 4 years, EVER lost money!! How can this be true? Go look at a historical Bitcoin price chart/graph. Look at the PATTERN! 

In March of 2025, Bitcoin is probably only owned/held by 5% or LESS of the world's population. You can buy a "slice" of Bitcoin today simply by pressing some buttons on your smart phone! 

If you have been told that owning Bitcoin is a "bad thing" or if you are simply ignoring Bitcoin right now, then at what price will Bitcoin get your attention? $200,000 per coin? $500,000 per coin? $1,000,000 per coin? $5,000,000 per coin? You see, the longer we wait to buy ANY Bitcoin, as the price rises, it will become MORE expensive to buy. 

Why will the price of Bitcoin keep rising? Because it has a fixed supply. It is both digital money and a store of value. When people discover they can't afford to stay retired due costs rising, what they are fighting against is inflation- inflation causing their purchasing power of their money to go DOWN! If you trade your fiat currency for Bitcoin (buy Bitcoin no matter what country you live in) then the purchasing power of Bitcoin goes UP, over time. The price moves up/down within a 4 year period. But the overall trend is UP! Go look at graph/chart by searching "Bitcoin historical price." 

Even after people retire, I believe investing should continue. If most people just started doing 3 things, they would afford to retire and stay retired: 1) Buy/hold Bitcoin. 2) Invest in true high yield stocks/ETF's/closed end funds. 3) sell Options contracts for cash flow. 

In your brokerage account, I believe people should have these 3 types of accounts: 1) Regular brokerage account with margin. 2) Traditional IRA. 3) Roth IRA

If you are planning on retiring and simply "living off your pile of accumulated money" then you have to have a HUGE pile to make sure you will be able to offset rising costs caused by inflation. Most people don't have a BIG enough pile. So that is why having CASH FLOW is every week/month is a much better retirement strategy.  

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.

Mark as Played

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