Do you know the 3 different types of approaches governments worldwide use toward digital assets?
1. There are many countries embracing and rejecting digital assets
2. Put crypto under the right lens
3. Put digital assets in the proper context
4. I'm becoming a certified financial advisor in digital assets and I would say less than 1% of advisors are equipped in this space
When building a portfolio for diversification I look for assets that behave differently.
But, lately, stocks and bonds have sold off together.
This is why I'm studying digital assets because their correlation to traditional assets is intriguing.
I am responsible for my family's finances and the finances of many other families. Therefore, I can't afford to be selfish.
So, I decided to strive to get well educated regarding digital assets in case I need that fire extinguisher in the future.
So, I'm learning about digital assets so I can teach about digital assets.
It's a transition from ignorance to competence.
Governments worldwide are adopting policies toward digital assets.
But, not all countries are friendly toward digital assets.
Therefore, it's important to understand how different countries view digital assets.
If you are ignorant about digital assets is not your fault.
I too was ignorant and I tried to learn and educate myself but kept getting mixed information.
I always study institutional money flows and activity. Many times retail investors are forced to follow institutional money.
Usually, when retail investors follow institutional investors they are late to the party.
Wall Street is late to the party in equipping financial advisor's regarding the topic of digital assets.
Unequipped financial advisors lead to unprepared clients.
Unprepared investors are subject to make costly mistakes.
In a world where diversification is becoming more challenging ignoring digital assets I believe is a big mistake.
The time to learn about digital assets is now.
As a financial advisor, I am in charge of many aspects of a client's financial life.
Risk management
Retirement planning
Investment management
Taxation
Insurance planning
Estate planning
You know I understand the pain of most investors. Investors get bombarded with Investment options. But, financial advisors are gatekeepers because they too get bombarded with Investment options and opportunities to aid their clients.
Therefore, having a fiduciary on your side who is batting for you is instrumental. Due diligence is key.
You must have an open mind and be willing to learn or hire an advisor who is doing a good job of doing this for you.
There are love and hate relationships between different countries regarding digital assets.
The key is understanding how different countries and governments are approaching digital assets and digital currencies.
So here is the first step of what you should do now.
Get educated in the digital asset space or hire someone who is.
My podcast is my contribution to society.
The podcast is free. The information is free. I'm not a theorist I'm a practitioner sharing with you my day-to-day learning.
So what's stopping you from listening today to this free episode?
Think of the cost associated with staying ignorant in this space.
In my show, education will lead to empowerment which makes you a better-informed investor.
It's FREE.
I decided to make my show free.
I share my experience strength and hope from the field.
Ultimately, it's your decision the podcast will go on regardless.
I committed to shooting the podcast for the next 365 days.
They are labeled D1, D2, D3 ...
D= Day
The knowledge compounds.
So go back and listen from D1 and catch up.
Don't think about learning.
Learn.
Don't think about investing and financial planning. Plan and invest.
Listen to today's podcast and go back and catch up on prior episodes.
Leave me your questions