fryoneusa

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Surprise! Your Clients Lost More Money in Bonds Last Year Than They Did in Bitcoin

2023-01-31T11:50:01-05:00

You had a choice last year to follow, or ignore, my advice. As 2022 began, I recommended that you get out of the bond market (moving that money to cash or equivalents) and place 1% of your client portfolios into bitcoin. How’d my advice work out? Well, I was certainly right about the bond market: it fell 13% last year, its biggest loss ever. But bitcoin fell 77% from its November 2021 high! Ugh.

Surprise! Your Clients Lost More Money in Bonds Last Year Than They Did in Bitcoin2023-01-31T11:50:01-05:00
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