Favorite Articles/Podcasts/Videos
- Onramp Invest – Methods Of Cryptoasset Valuation – “In general, it’s a well-known fact of markets that assets with higher returns also tend to be more volatile. This, for example, underpins the idea of market beta in the somewhat out-of-date Capital Asset Pricing Model. Cryptoassets are no exception. Although for the past ten years its returns have been the best of any asset class bar none, the idea of massive drawdowns between cycles may make many investors squeamish. Unlike traditional valuation metrics for equities, for example, there is no one-size-fits-all approach to valuing a digital asset, much like for other assets which provide store-of-value features like precious metals.”
- Nick Maggiulli – No, Millennials Aren’t Poorer Than Previous Generations – “Though wealth and income are mostly similar between Millennials and prior generations, when it comes to debt that’s where things are a bit different. Non-mortgage debt held by Millennials is significantly higher than Baby Boomers and seems to have been accumulated at an earlier age than prior generations.”
- Holly Johnson – Financial advisors say it’s not too late to invest in Bitcoin, but there are a few things you must do with your money first– “A lot of the conditions in the global economy have lined up favorably for cryptocurrencies, he said. Bitcoin just so happens to be in the strongest position. Pierce points to the amount of money the government keeps printing and the movement towards more digital economies and decentralized workplaces as major reasons cryptocurrency continues growing in popularity.“
This Week by RLS
- Bet On Yourself
- The Long Game Podcast – Andy Slye
- 4 Ways To Handle Your Finances As A Married Couple
- One Rope – Onramp Launch Day
RLS Weekend Review
Each week my colleague, Justin Castelli, breaks down the headlines that may be impacting your financial plan. Will be back next week.
