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Not Halving It
This Week on The Compound
This week on Animal Spirits, Ben and Michael talk about great stock market returns so far for 2024, Bluesky vs. X, the impact of tariffs on the U.S. economy, when to sell Bitcoin, and a lightning round of vacation thoughts. (Listen)
INSIDE THE COMPOUND
In the wake of the election, everyone is talking about Bitcoin, especially as it nears the $100,000 mark. The question is, if you are only now getting involved with Bitcoin, have you already missed the move? Ben Carlson at A Wealth of Common Sense writes:
If you weren’t interested in Bitcoin at $20k, $30k, $40k, $50k, $60k, etc., I would be concerned if it’s only appealing to you now at $100k.
That’s not to say it couldn’t work out for you. The price might keep going higher. No one knows how high Bitcoin will go when it’s on a heater like this. You could certainly make some money riding the momentum train.
My biggest question is this: Why now?
BOOK STUFF
You won’t be able to get it before the holidays but Barry Ritholtz’s new book How Not to Invest: The Ideas, Numbers, and Behaviors That Destroy Wealth - and How to Avoid Them, is now available for pre-order.
MERCH
What better way to warm the heart of your favorite finance nerd than one of these Hawaiian shirts? They are a collaboration between The Compound and Tropical Bros. The best part is that 10% of all sales will be donated to No Kid Hungry. Shop now while Black Friday pricing prevails.
COMING SOON
Josh and Michael are back this week with a new episode of TCAF. It’s hard to believe, but there are just three more episodes scheduled for 2024!
FEEDBACK
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