Well done to your son on his overall approach and his good picks. You make your own luck I guess. I'm still youngish but I too wish I had got into investing earlier. I had the same mental block you mention for a number of years. Could have hustled harder in university.
It does look like crypto is becoming more correlated with the crypto market. What I think will be interesting to see is how crypto performs in a big stock market crash i.e. dotcom or GFC. I've seen a few analysts talk about how we are yet to see how it will perform in that environment. Potentially a big move down as leverage gets wiped out.
Comments
Well done to your son on his overall approach and his good picks. You make your own luck I guess. I'm still youngish but I too wish I had got into investing earlier. I had the same mental block you mention for a number of years. Could have hustled harder in university.
Post: Listen to the Kids
Link to comment from January 7, 2022
It does look like crypto is becoming more correlated with the crypto market. What I think will be interesting to see is how crypto performs in a big stock market crash i.e. dotcom or GFC. I've seen a few analysts talk about how we are yet to see how it will perform in that environment. Potentially a big move down as leverage gets wiped out.
Post: Whither Crypto?
Link to comment from December 29, 2021