Post
Topic
Board Bitcoin Discussion
Re: Advice: 1 BTC
by
pinggoki
on 23/10/2021, 14:33:22 UTC
I'd take Shaq's spending advice when deciding on how to divvy your 1 btc which is approximately 66k last time I checked. He said that whatever you earn, save 50/invest 50% of it in something that will secure your wealth or give you ROI, and then divide the remaining 50% into 2, saving the other for retirement, while the remaining 25% of your whole profit could be spent on whatever you want. Obviously this will only work if you can rake in big money like he does so I guess earning 1 btc should still allow you to do this.
This might be more personal as well confidential to we all, but if you're to share your thoughts or advice one on how to spend he's/her 1btc what would that be ?
Estate management ?
More in Bitcoin ?
Investment in the Stock market ?
Maybe your ideas might or will be helpful.
there are not many financial advisors on this forum, but you need to seek financial advice for yourself, you don't have to ask everyone here and worry that your finances will be messed up, I only suggest that your finances are properly managed so find your personal financial advisor
yeah. Properly seeking professional advice should work too. It's not like there's no valuable suggestions and strategies in this forum, it's more on the professional side of things, and having someone who would follow through your progress as time passes by. Hiring a personal financial assistant does not come cheap tho, and from where I live, includes some form of contracts and benefits as well as responsibilities that both you and the financial advisor should follow, like insurance and stuff. Then again, it's OP's personal choice at the end of the day.