Bitcoin.
But seriously I do agree — despite it being loved by PF/FIRE crowd — parking all your assets in Index funds with no other competitive option is terrifying.
But seriously I do agree — despite it being loved by PF/FIRE crowd — parking all your assets in Index funds with no other competitive option is terrifying.
I agree that it will likely go up. I'm actually in the process of testing software I made to predict and exploit its movement. But since it's just speculative, it will also eventually go down hard like it did in 2018.
You can send money anywhere in the world in any amount for a flat fee. It provides an asset with a fixed supply to prevent against inflation. these provide plenty of utility
What you may mean is that it doesn't generate earnings/cash flow so it's not a productive investment.