In Plus episode 387, David explains why he closed his BlockFi Interest Account. We discuss how the level of real rates can help determine whether to buy a Series I Savings bond or a Treasury Inflation Protection Security. We consider how to invest college savings when the student is approaching the time when the funds need to be used. Finally, we look at expenses, tax efficiency, and tracking error to determine which of four S&P 500 ETFs/funds are preferred. Become a … [Read more...]
Portfolio Trade: Closing BlockFi Interest Account
Become a Member If you would like read about this portfolio trade, consider becoming a member of the Money For the Rest of Us Plus. Learn More About Membership » Yesterday, David closed his BlockFi Interest Account (BIA) which was denominated and earned interest in the GUSD stablecoin. David added this position in April 2021. At the time, the BlockFi Interest Account was paying an interest rate of 8.6%. BlockFi has significantly reduced the interest rate it pays on GUSD … [Read more...]
387: Why Most Money Fails
How you should approach money given most of it either collapses or loses its purchasing power due to inflation. Topics covered include: Show Notes Intellabridge Power Women: Maria Eagleton, Mastercard-incubated Blockchain Company, is setting An Example For Women in Cryptocurrency by Shruti Sood—Morning Lazziness @kashdefi, Twitter post, May 7th, 2022 7:54 AM @kashdefi, Twitter post, May 8th, 2022 10:42 AM Terra Cryptocurrency TerraUSD Plunges as Investors Bail by … [Read more...]
348 Plus: July Investment Conditions, How Much Cash, BlockFi Update, and Trading Philosophy
In Plus Episode 348, we review investment conditions as of early July 2021. We consider how much cash to hold given investment conditions. We review the risks of using a cryptocurrency platform like BlockFi. Finally, we discuss what to consider when deciding to make a trade or trade at all. Become a Member If you would like to listen to this episode of Money For the Rest of Us Plus, you can do so by becoming a Money For the Rest of Us Plus member. Learn More About Membership Options » … [Read more...]
339: How To Make Money with BlockFi, Dai, and the Evolving DeFi Ecosystem
What is decentralized finance and how it is seeking to solve the shortcomings of centralized finance. How BlockFi and MakerDAO, early entrants in the DeFi space, work. How to earn up to a 9% yield with cryptocurrency lending. Topics covered include: How centralized finance differs from decentralized finance (DeFi)What are the shortcomings of centralized finance and why decentralized finance is more inclusiveWhat are the key elements of DeFiHow Ethereum smart contracts workHow MakerDao … [Read more...]
304: A 15% Guaranteed Return? Lending on the Fringes of Finance
An analysis of the returns and risks of a cash advance company called DriverLoan Investor Club that promises to pay a 15% annual percentage yield. In addition, a look at different lending platform options including asset-based lending, unsecured peer-to-peer lending, and cryptocurrency lending. Jump to transcript Topics covered include Show Notes DriverLoan Investors Club DriverLoan USA Uhaul Investors Club LendingClub Statistics Driver Loan USA Google … [Read more...]
272 Plus: MLP Viability, Timber ETF and Cryptocurrency Lending Platforms
In Plus episode 272 for the week of October 12, 2019 we look at the longer-term prospects of master limited partnerships given the energy transition, tax structure and concentration in the MLP space. We review whether the iShares Global Timber and Forestry ETF is a pure-play on timber investing. Finally, we consider why cryptocurrency lending platforms are paying 8% or more to individuals willing to lend out their cryptocurrency and is this a "safe investment." … [Read more...]
