THE Bitcoin Podcast HOW TO BUILD (& KEEP) GENERATIONAL WEALTH WITH BITCOIN | Morgen Rochard (THE Bitcoin Podcast)
Feb 27, 2025
Morgen Rochard, a CFA and financial planner highly versed in Bitcoin, dives into the intricacies of wealth management in this engaging discussion. She explains the pitfalls of over-accumulating Bitcoin and emphasizes strategic risk management for sustainability. Insights include navigating emotional volatility in the market, the importance of aligning Bitcoin investments with long-term goals, and planning for intergenerational wealth transfer. Morgen also advocates for instilling financial literacy in children to foster independence and resilience.
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Over-Accumulation Pitfall
- Avoid over-accumulating Bitcoin by leveraging and neglecting cash flow.
- This can force you to sell at the worst times, resulting in less Bitcoin overall.
Cash Surplus and Emergency Reserve
- Create a cash surplus and an emergency reserve before buying Bitcoin.
- This prevents forced liquidation during emergencies or unexpected expenses.
Calculating Emergency Funds
- Determine your emergency fund amount based on factors like homeownership, income stability, and spending habits.
- Consider 1-3% of home value, plus 1-6 months of expenses.