Hi Richard, I hope you and your family are doing well. Whenever I stop by HD, I look for your comments first, as I find them the most helpful. You consistently share logical, practical, easy-to-understand, and easy-to-follow thoughts, with a dry-humor twist. I can’t figure out why, at times, others get their feathers ruffled. Perhaps it’s just the way different people are made. I have degrees in mathematics (primary field of study being probability theory and statistical analysis) so your math-like, logical approach intuitively appeals to me. Maybe Richard is from Mars. Long punching bags and lightning rods.
Hi Doug. I hope you and your family are doing well. You are right. The position size has grown to 10% of overall investment funds because of the remarkable performance of Bitcoin since I purchased it. BTC is the only play in the space I own (I suppose I would be considered a maxi, although that's an outdated term – I'm becoming outdated too :-)), I do think the 5% position espoused is reasonable, but because of the volatility I understand why others would find it a bit much. I keep my BTC in cold storage but if in-kind redemption becomes real I would likely switch to an ETF for ease of inheritance reasons. One interesting unexpected benefit of holding BTC for the long-term is it has made me want to learn things I would've never otherwise studied. I hope you continue to do well. May God bless and keep you always. Take care.
I have 10% of my investable assets in Bitcoin. I wish I had more but I'm entering retirement next year so I am erring on the conservative side. In my opinion everyone should have a minimum of 5% allocation to Bitcoin.
Hi Richard, I greatly enjoy your comments. I'm sure you must be wearied by the frequent, unwarranted attacks and misrepresentation by some on this site. I'm not related to anyone, I don't know anyone, I'm not in any way affiliated with anyone so I'm hopefully being fair in my assessment of what I see after years of reading HD. I find your articles most helpful among all the ones posted. Still, you somehow get targeted for attacks. I don't think it's your smile or hair, though, but I might be wrong there :-). Brother, you have very thick skin! I'm not kidding when I say if somehow your comments were posted by Jonathan as his own people would warmly reply, resonate, and many times, agree. But alas, that's not going to happen. I wish you best as you soldier on. Keep doing what you do so well. Consider me a big fan. Take care and best wishes to you and your family. Not proofread or edited so forgive the errors. I hope this still makes sense.
Good morning Jonathan. I hope you and your family are doing well today. Congratulations on reaching your goals! How is progress going on completing your POA goal? We all look forward to hearing good news that you have taken care of it and are getting back to the business of living the life you choose to its fullest.
Hi Jonathan. I'm a big fan and greatly appreciate the time and effort you make to share terrific, transformative information with your readers. Regarding POA: please just do it. You can take care of it in less than one hour and it will help those you love to help you. And it will make their lives much easier. When.the need arises, whether through hospitalization, long-term care, or death, their lives are going to be difficult enough. Not having a POA will make it harder on those you love and those who love you most – the last thing you want to do in the hour of grief. "Regret minimization" is a wonderful general approach, and it certainly applies here. Help your family in this way and you will be glad you did. If you don't, you may not live to regret it, but your family will. May God bless and keep you always.
Comments
Hi Richard, I hope you and your family are doing well. Whenever I stop by HD, I look for your comments first, as I find them the most helpful. You consistently share logical, practical, easy-to-understand, and easy-to-follow thoughts, with a dry-humor twist. I can’t figure out why, at times, others get their feathers ruffled. Perhaps it’s just the way different people are made. I have degrees in mathematics (primary field of study being probability theory and statistical analysis) so your math-like, logical approach intuitively appeals to me. Maybe Richard is from Mars. Long punching bags and lightning rods.
Post: Detailed tracking expenses and spending. Is there real value?
Link to comment from March 11, 2025
Hi Doug. I hope you and your family are doing well. You are right. The position size has grown to 10% of overall investment funds because of the remarkable performance of Bitcoin since I purchased it. BTC is the only play in the space I own (I suppose I would be considered a maxi, although that's an outdated term – I'm becoming outdated too :-)), I do think the 5% position espoused is reasonable, but because of the volatility I understand why others would find it a bit much. I keep my BTC in cold storage but if in-kind redemption becomes real I would likely switch to an ETF for ease of inheritance reasons. One interesting unexpected benefit of holding BTC for the long-term is it has made me want to learn things I would've never otherwise studied. I hope you continue to do well. May God bless and keep you always. Take care.
Post: Any Crypto Investors?
Link to comment from February 20, 2025
I have 10% of my investable assets in Bitcoin. I wish I had more but I'm entering retirement next year so I am erring on the conservative side. In my opinion everyone should have a minimum of 5% allocation to Bitcoin.
Post: Any Crypto Investors?
Link to comment from February 20, 2025
Hi Richard, I greatly enjoy your comments. I'm sure you must be wearied by the frequent, unwarranted attacks and misrepresentation by some on this site. I'm not related to anyone, I don't know anyone, I'm not in any way affiliated with anyone so I'm hopefully being fair in my assessment of what I see after years of reading HD. I find your articles most helpful among all the ones posted. Still, you somehow get targeted for attacks. I don't think it's your smile or hair, though, but I might be wrong there :-). Brother, you have very thick skin! I'm not kidding when I say if somehow your comments were posted by Jonathan as his own people would warmly reply, resonate, and many times, agree. But alas, that's not going to happen. I wish you best as you soldier on. Keep doing what you do so well. Consider me a big fan. Take care and best wishes to you and your family. Not proofread or edited so forgive the errors. I hope this still makes sense.
Post: Are you wealthy or just rich? By Dick Quinn
Link to comment from December 20, 2024
Good morning Jonathan. I hope you and your family are doing well today. Congratulations on reaching your goals! How is progress going on completing your POA goal? We all look forward to hearing good news that you have taken care of it and are getting back to the business of living the life you choose to its fullest.
Post: The Other Enough
Link to comment from March 11, 2023
Hi Jonathan. I'm a big fan and greatly appreciate the time and effort you make to share terrific, transformative information with your readers. Regarding POA: please just do it. You can take care of it in less than one hour and it will help those you love to help you. And it will make their lives much easier. When.the need arises, whether through hospitalization, long-term care, or death, their lives are going to be difficult enough. Not having a POA will make it harder on those you love and those who love you most – the last thing you want to do in the hour of grief. "Regret minimization" is a wonderful general approach, and it certainly applies here. Help your family in this way and you will be glad you did. If you don't, you may not live to regret it, but your family will. May God bless and keep you always.
Post: What I Don’t Own
Link to comment from March 4, 2023