Is Bitcoin Officially a Horrible Investment in 2021?

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.7 • 3.1K Ratings

🗓️ 20 January 2021

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Our view of Bitcoin is evolving and your input has helped. Fans of the show have been asking what we think of Bitcoin for 2021. Here's what we think of Bitcoin as an investment, how you should think of it in the context of your total investment portfolio, and how to use it. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	is Bitcoin a bad investment.
0:03.4	It's Brian Preston, the money guy,
0:06.3	restoring order to your financial chaos, retirement,
0:10.3	investing, taxes.
0:12.1	You've got financial questions,
0:13.8	he's got financial answers.
0:15.8	It's Brian Preston, the money guy.
0:19.9	Uh, Brian, I'm really excited about this show,
0:22.3	but I'm nearly as excited I think as the audience is,
0:25.4	because I feel like if you check out any of the comments
0:27.8	on any of your stuff,
0:28.6	or if you just out there in cyberspace over the last,
0:31.6	I don't know, year, two years, three,
0:34.6	it seems like Bitcoin is all the rage.
0:36.4	So certainly they're waiting for some investment professionals,
0:39.8	some financial professionals to wade back into those waters.
0:43.3	Well, 2020, I mean,
0:45.0	I already have very active year
0:46.6	with the pandemic election, so forth,
0:48.5	but it was also the year of Tesla and Bitcoin.
0:51.6	Tesla.
0:52.6	Tesla is, we're the two high-priced.
	...

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