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0 sats \ 0 replies \ @TheBTCManual 25 Nov \ on: Would you advise your Mom to buy BTC instead a property? bitcoin
lol unless she self custody then no, moms got cabbage hands and will sell at the slightest pump
I think education is such a big factor, i've spoken to boomers and they are so dead set on cash flow, they are obsessed with the idea, they can't get their heads around CAGR, they just don't like the idea of eating into the principle even if that principle can grow in purchasing power
if you want to sell your property at that age, depends on how long you think you'll live and if you want to leave anything behind otherwise just eat into it until you hit zero, or put it in shortd duration paper or money market account and hope inflation doesn't beat you over the head and maybe have some allocation to BTC that you're comfortable with owning
I obviously think BTC is great but if you don't understand it or have the conviction you're going to end up self rugging