Great advice when it comes to long term investing and planning. It gets hard to listen to at times when politics are injected. Politics can be relative to the Q&A, but it goes beyond that and you can tell what is trying to be sold. As an example, rebates on road tolls are “vote buying” (he doesn’t like Florida’s Gov) but he cheers canceling student debt and somehow that isn’t vote buying. Don also believes there isn’t enough bloat in government to make a dent if you try and cut, so the only option is to raise taxes to reduce the deficit. It makes me wonder about his objectivity on other financial investments.

Don created another bogus profile (123ABC*#$) to respond to BoomerMe. He is very big on trying to silence ideas that contrary to his vision for investing. He has painted himself into a corner by continuing to talk about Bitcoin being a fraud and a Ponzi scheme. Now that Bitcoin has proven to be the best performing asset over the last 16 years, his only response is to silence any of his listeners who brings up the supporting data. He recently stated that any portfolio containing alternative investments would earn less as the percentage of alternative investment was increased. He was wrong again. Take any portfolio you like and add Bitcoin. The more Bitcoin you add the better the performance of the portfolio. Pick any 10 year period you like. In fact a portfolio with 95% in a money market fund and 5% in Bitcoin would have outperformed Don’s ‘well diversified’ portfolio over the last 10 years. To make things even more embarrassing Don gave his 123ABC@#$ review 5 stars. So dishonest. Shame on you Don.

Podcaster Don doesn’t understand Bitcoin. Your reviewer is correct. If you compare a portfolio comprised of 95% money market ETF and just 5% Bitcoin to your 60/40 equity/bond fund portfolio - the later will significantly underperform the former over the last 10 years. If you go back 15 years the comparison just gets ridiculous in favor of MM/BTC portfolio. Don get rid of your emotions and think logically. Don’t worry, even Michael Saylor and Larry Fink were humbled by Bitcoin.

Give us all a break, BoomerMe. We get it, you love your crypto crappo. Enough already.