This chapter explores the risks associated with investing in Bitcoin, including speculative risk and the risk of loss. It discusses the importance of securely storing cryptocurrencies and the potential benefits of a Bitcoin ETF. The upcoming Bitcoin halving event and its historical impact on the price of Bitcoin are also discussed, along with the mention of a potential rate cut by the Federal Reserve.
#481: Predicting the stock market is a terrible idea.
But we can look at economic indicators and upcoming events to get a big-picture, 30,000-foot view of where our economy might be heading in 2024.
In today’s episode, we explore what’s in store for 2024.
We talk about the recent surge in Bitcoin prices, and the expected SEC approval of a Bitcoin ETF.
We discuss when the Fed will lower interest rates, and the impact this might have on home buying.
We talk about Robert Kiyosaki’s recent admission that he’s holding $1.2 billion in debt.
And we take inventory of black swan events and election year abnormalities that might impact the flow of money.
Enjoy!
For more information, visit the show notes at https://affordanything.com/episode481
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