Bitcoin Forum
October 21, 2017, 11:52:12 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: 2013-09-01: Marketwatch: Do bitcoins belong in your retirement portfolio?  (Read 610 times)
n8rwJeTt8TrrLKPa55eU
Hero Member
*****
Offline Offline

Activity: 588



View Profile
September 02, 2013, 04:14:34 PM
 #1

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?"
1508629932
Hero Member
*
Offline Offline

Posts: 1508629932

View Profile Personal Message (Offline)

Ignore
1508629932
Reply with quote  #2

1508629932
Report to moderator
1508629932
Hero Member
*
Offline Offline

Posts: 1508629932

View Profile Personal Message (Offline)

Ignore
1508629932
Reply with quote  #2

1508629932
Report to moderator
1508629932
Hero Member
*
Offline Offline

Posts: 1508629932

View Profile Personal Message (Offline)

Ignore
1508629932
Reply with quote  #2

1508629932
Report to moderator
No Gods or Kings. Only Bitcoin
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508629932
Hero Member
*
Offline Offline

Posts: 1508629932

View Profile Personal Message (Offline)

Ignore
1508629932
Reply with quote  #2

1508629932
Report to moderator
BitChick
Legendary
*
Offline Offline

Activity: 1106


View Profile
September 02, 2013, 04:44:31 PM
 #2

The comments at the bottom of the article are fun to read!  Smiley

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.


1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
Carlton Banks
Legendary
*
Offline Offline

Activity: 1792



View Profile
September 02, 2013, 06:25:02 PM
 #3

The comments at the bottom of the article are fun to read!  Smiley

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 Grin) that any appreciation from zero dollars and cents is an infinite percentage. I'll accept 100,000% and rising, as second choice  Cheesy

Vires in numeris
C10H15N
Hero Member
*****
Offline Offline

Activity: 778



View Profile
September 02, 2013, 06:40:02 PM
 #4

The term "retirement portfolio" usually denotes tax deferral/exemption and contribution/withdrawal restrictions.  Has anyone paid taxes on a bitcoin transaction?   Wink

Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
xxjs
Sr. Member
****
Offline Offline

Activity: 280


View Profile
September 03, 2013, 12:33:08 AM
 #5

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.
kjlimo
Legendary
*
Offline Offline

Activity: 1666


View Profile WWW
September 03, 2013, 03:32:33 AM
 #6

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!  Smiley

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?   Wink

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.

CampBX for buying BTCs, Coinbase for selling BTCs or Vircurex for trading alternate cryptocurrencies like DOGEs

PM me with any questions on these sites!  Happy to help!

Bitcoin Poker at Seals                  Strike Sapphire Casino  Free games every hour & day!
  Get Free Bitcoins here.

Spondoolies-Tech or KnC Miner for the fastest mining hardware available!

Bitpay to help your business accept bitcoin payments!
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!