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Title: 2013-09-01: Marketwatch: Do bitcoins belong in your retirement portfolio? Post by: n8rwJeTt8TrrLKPa55eU on September 02, 2013, 04:14:34 PM Not quite an endorsement but fair & factual.
Quote One day soon, you may actually be hearing these words from your adviser: " Just remember that only a small part of your retirement account should be in bitcoins ." http://www.marketwatch.com/story/do-bitcoins-belong-in-your-retirement-portfolio-2013-08-29 As one of the few assets with no counterparty risk and low correlation to the decrepit financial system, I'd say the title ought to be "Can you afford to not have any bitcoins in your retirement portfolio?" Title: Re: 2013-09-01: Marketwatch: Do bitcoins belong in your retirement portfolio? Post by: BitChick on September 02, 2013, 04:44:31 PM The comments at the bottom of the article are fun to read! :)
From comments: Quote I guess those who missed out on the 100,000% appreciation in bitcoin have no recourse but to make fun of those who didn't. Wish I had that kind of appreciation. If I had only bought sooner. . . That will be what everyone says (besides the handful that bought at $1 to $10). At least the author is wise enough to look beyond the traditional investments and consider Bitcoin as a great way to diversify. Title: Re: 2013-09-01: Marketwatch: Do bitcoins belong in your retirement portfolio? Post by: Carlton Banks on September 02, 2013, 06:25:02 PM The comments at the bottom of the article are fun to read! :) From comments: Quote I guess those who missed out on the 100,000% appreciation in bitcoin have no recourse but to make fun of those who didn't. Wish I had that kind of appreciation. If I had only bought sooner. . . That will be what everyone says (besides the handful that bought at $1 to $10). At least the author is wise enough to look beyond the traditional investments and consider Bitcoin as a great way to diversify. You could argue (possibly unsuccessfully ;D) that any appreciation from zero dollars and cents is an infinite percentage. I'll accept 100,000% and rising, as second choice :D Title: Re: 2013-09-01: Marketwatch: Do bitcoins belong in your retirement portfolio? Post by: C10H15N on September 02, 2013, 06:40:02 PM The term "retirement portfolio" usually denotes tax deferral/exemption and contribution/withdrawal restrictions. Has anyone paid taxes on a bitcoin transaction? ;)
Title: Re: 2013-09-01: Marketwatch: Do bitcoins belong in your retirement portfolio? Post by: xxjs on September 03, 2013, 12:33:08 AM He is careful, otherwise a alright article.
And - buried down there somewhere I saw there are books now http://www.amazon.com/Whats-Deal-Bitcoins-Ryan-Lancelot/dp/0985082062/ref=sr_1_1?s=books&ie=UTF8&qid=1377547416&sr=1-1&keywords=what%27s+the+deal+with+bitcoins That must mean something. Didn't know. Title: Re: 2013-09-01: Marketwatch: Do bitcoins belong in your retirement portfolio? Post by: kjlimo on September 03, 2013, 03:32:33 AM Bitcoins ARE my retirement fund... everyone at works teases me that I'll be retiring in 5 years... wouldn't that be nice, eh?
The comments at the bottom of the article are fun to read! :) From comments: Quote I guess those who missed out on the 100,000% appreciation in bitcoin have no recourse but to make fun of those who didn't. Wish I had that kind of appreciation. If I had only bought sooner. . . That will be what everyone says (besides the handful that bought at $1 to $10). At least the author is wise enough to look beyond the traditional investments and consider Bitcoin as a great way to diversify. Don't worry, if you own some now and hold on for a while, you'll get to enjoy a nice return, too! The term "retirement portfolio" usually denotes tax deferral/exemption and contribution/withdrawal restrictions. Has anyone paid taxes on a bitcoin transaction? ;) Do you mean has anyone paid taxes on either capital gains or bitcoin mining income? B/c I haven't yet, but plan to next spring. |