Welcome to the Retire with Purpose podcast, a show specifically designed to help pre-retirees and retirees maximize their financial confidence.

Casey Wheat is a certified financial planner and president of Howard Bailey Financial.

His newest book, Job Optional, is a Wall Street

Journal bestseller and is available now on Amazon and at Retirewithpurpose.com. He's your host on

Retire with Purpose. Hey, I'm Casey, and I believe in retirement strategies that are driven by

meaning and purpose. Join me this week and every week as we discuss thoughts and ideas

with some of today's foremost experts in the field of finance and retirement, as well as

discussing trending topics that could impact your bottom line. These discussions can help you

make better financial decisions so you can live the lifestyle you've always imagined and deserved.

Welcome to the show.

Hello guys and gals. I am here now with your good friend Marshall Johnson here, and we are here to cover one of our weekend reading for retirees articles, one of the four articles we send out every single Friday. The one we send out this Friday, we're going to spotlight for you, comes to us from Morning Star. And it is titled, Does Your Portfolio need Bitcoin? Boy, we get asked this all the time, what about Bitcoin? What about cryptocurrency? What are your thoughts about cryptocurrency? What are your thoughts on Bitcoin? You know, I want to buy it. I want to buy it. And I go, okay, it's about time. We get deep into some Bitcoin talk here. Well, and to be fair, this is the first one of the, I shouldn't say that. In mainstream media, this is one of the first articles that we've ran across. It's actually

well written. It's written by a CFA. It is hard to find a good, unbiased, analytical article on Bitcoin.

From somebody that's outside of the sect. Someone that is a, knows what they're talking about.

I mean, we've got a chartered financial analyst here that's looking at it from an analyst's

perspective, right?

That this isn't someone that buys speculative investments.

It's someone that's looking at it from inclusion in a portfolio, right?

We're talking about this from a portfolio perspective, not from a doomsday scenario, but when does it make sense to hold Bitcoin? When doesn't it? How much should you hold? And I think, you know, if you own Bitcoin, you're really happy. You own it right now. Yeah, man, it's been a good. Wasn't always like that. Good run, you know, over the last six months. Geez, I mean, it's up 400 percent. Something I traded.

It had to be fun, though. Like, it had to be fun to do because it, I mean, it just seems to me like going to Vegas and just seeing the numbers go up and down, up and down.

I mean, we got double-digit losses, double-digit gains. I don't like Vegas. This is way better than Vegas. It's more fun to watch.

Yeah, it's more fun to watch. And there is some, well, I shouldn't say that. I mean, I think

even in Vegas, there's, I mean, there's some people that know how to play those games, right?

...