What caused tulip mania in the 17th century in the Netherlands and how is it similar to Bitcoin? Photo by Andrean Valeanu In this episode you’ll learn: Why discretionary income is needed for a mania to occur.Why the tulip trade was one of the first futures market.How much were speculators paying for tulip bulbs at the top of the market.What was the impact of the tulip bulb crash.How Bitcoin is like tulipmania. Show Notes JPMorgan's Dimon says bitcoin is a fraud that will … [Read more...]
179 Plus: Bitcoin Fork, Renting Out Home and Hedging Stocks To Defer Capital Gains Tax
This week November 4, 2017 on Money For the Rest of Us Plus, we look at the upcoming blockchain fork in Bitcoin that will create a new coin and how that undermines the primary thesis of holding Bitcoin as a store of value. We address the pros and cons of hedging a stock portfolio using puts in order to defer paying capital gains tax. We also look at the pros and cons of a member renting out his primary residence as he transitions to living full time in their vacation/retirement home. … [Read more...]
167: Is Bitcoin Better At Money Than The Dollar?
Why bitcoin is a compelling speculative diversifier and how it has been a better store of value than both the U.S. dollar and gold. Photo by Dennis Wegner In this episode you’ll learn: How U.S. Notes or greenbacks became the first fiat currency. How large is the U.S. money supply and how much has it increased relative to gold and bitcoin. What is bitcoin and what is the controversy regarding transaction limits. Show Notes United States Notes (greenbacks) – … [Read more...]
160 Plus: Bitcoin, Ethereum and Should We Buy Stocks Now
This week June 10, 2017 on Money For the Rest of Us Plus we discuss model portfolio alternatives for the Vanguard and Fidelity platforms. We look at retirement investment asset size relative to the overall U.S stock and bond markets. We review recent developments with Bitcoin and explore what Ethereum is. Finally, we look at the decision process for whether to invest new money in the stock market at present. 160 Plus View and Listen To Other Plus Episodes Audio Download Download … [Read more...]
MNY091 Plus: Money Creation, Smart Beta, Howard Marks and Bitcoin
This week on Money For the Rest of Us Plus I review an academic paper on how money is created out of thin air. I also answer some questions on smart beta and how smart beta value ETFs differs from traditional value managers. We look at how investors' emotions drive markets as explained by Howard Marks. Finally, I share why I sold some of my Bitcoin and the current crisis facing the cryptocurrency. The episode length is 34 minutes. MNY091 Plus View and Listen To Other Plus … [Read more...]
60: Are You Hoarding Or Investing?
What is the difference between hoarding and investing? Photo by J.D. Stein In this episode, you'll learn: The ingenious way many Swedes fund their retirement.What does it mean to invest.What is the social aspect of investing.What is hoarding.Why we need more people to be investors versus hoarders.What is the freedom to roam Show Notes Overview of forests in Sweden Digital Gold by Nathaniel Popper The Power of Gold: The History of an Obsession by Peter … [Read more...]
MNY059 Plus: Bitcoin, Bond Liquidity and Plus Membership Changes
In this week's Money For the Rest of Us Plus episode, I discuss The three definitions of money applied to Bitcoin Whats causing interest rates to rise Upcoming changes to Money For the Rest of Us Plus The episode length is 15 minutes. … [Read more...]
MNY053 Plus: More On Bitcoin and Trend Following
In this week's Money For the Rest of Us Plus episode, I discuss How I invested in bitcoin. How bitcoin fits into the common definition of money. The psychology for why trend following works. Why I try to use quantitative criteria to make investment decisions instead of emotion. The episode length is 16 minutes. … [Read more...]
53: Should You Invest In Bitcoin?
What you need to know about bitcoin in order use it and invest in it. In this episode, you'll learn: What is bitcoin.How to store bitcoin.How new bitcoin is created.How bitcoin protects against money being double spent.What are the security issues with bitcoin.How bitcoin differs from other currencies. Show Notes Current bitcoin price and historical price chart Hive bitcoin wallet for iOS and Android Coinbase bitcoin wallet and exchange Circle bitcoin … [Read more...]
