bearish? i thought i was aggressive...

you might be right about the advising industry. I have learned a lot from other people, but the best advice was free.

The "financial advisor" job must be one of the worse because you can't share conviction with other people. so they try to remove risk and get slow and steady income for their clients. actually this is a good argument for those Strategy bonds that yield 8% or 10%

i did learn that in the bond category (4% recommended for me) they break down roughly as follows:

25% gov

25% corporate

25% international

25% something else

i do like how traditional finance mitigates risk is by spreading it around.

How I interpret risk as a bitcoiner,:

Risk off: Bitcoin

Risk on: any interesting company that has adopted a bitcoin standard

Transactions: cash (enough for a few months of 80% drop in bitcoin)

i think an 80/20 Bitcoin/stock ratio or 90/10 would be more comfortable. A 100% bitcoin portfolio is the most zen and liberating. But i don't know if it's worth paying extra taxes to get there. and i don't want to pay bitcoin ETF fees when there's companies like Strategy.