Replying to Avatar Holdilocks

GOODBYE BONDS!!

Long story here but I would really appreciate feedback and confidence.

Before being introduced to Bitcoin, I only held a “diversified” portfolio including both stocks and bonds. 🫣

Today I finally made the call to my financial “advisor” to flip my bonds into MSTR. I’ve tried in the past to have this conversation but am steered away from doing anything different than what they have been taught to follow. As a woman, it’s really difficult to stand firm to make these bold choices.

I’ve been trying to get him to learn about bitcoin and ETF’s. He wouldn’t have anything to do with it. He told me he doesn’t have knowledge on this and can’t speak on it. At the end of the day it’s my “money” and I need to do what’s best for me even if that isn’t the norm.

I wanted to do this in the summer when MSTR was around $100 USD and now it’s over $400 USD. I have lost out on huge gains which would have been really substantial. I sort of feel like I might have missed the boat on this one and regret not doing this sooner. It’s hard to make these big power play moves alone.

I stood my ground today. When discussing microstrategy, my financial advisor didn’t have a clue what it is! 🤯 He asked me if I knew the code and I recited quickly yes.. MSTR. He looked it up and said okay yes this is available to buy. I encouraged him to research it and said he would be pleasantly surprised to see how it has performed.

I have set things in motion. He is to get back to me quickly as I told him time is of the essence and I don’t want to miss out on more gains.

He of course tried telling me that bonds aren’t going to cause me grief and that it will still help me achieve my long term goals. He talked about the percentage I’ve earned and I said that doesn’t compare anywhere close to where I would be had I bought MSTR sooner. He believes the bonds have performed well but “well” according to who?!

Honestly I wouldn’t say I have a firm understanding on all this but I definitely do not feel secure holding bonds.

I’m actually feeling excited to finally own MSTR. I, of course, have Bitcoin and am never going to stop stacking. The point to all of this is to get rid of those underperforming risky terrible bonds.

What advice and thoughts do you have on bonds or Canadian bonds and microstrategy?

#nostr #MSTR

nostr:npub103m96sra82w4agghew9cdxtzs4s8sl7qsjsvw6h653yml0gjrkzqefd3h5 you’ve been discussing this on your show lately. Thoughts?

#asknostr

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Yeah it sounds like the first play here is to get a new financial advisor.

I work with a few here in Canada who are very friendly to bitcoin and will incorporate it into the portfolio - without ANY sort of resistance.

I think owning MSTR over bonds is an absolute no brainer.

And the fact that they've never heard of MSTR (the best performing stock over the last four years) tells me they're way too complacent and deserve ZERO clients.

Nice to hear that you have had a positive experience. I’ve tried well over a year bringing up ETF’s, Bitcoin and now microstrategy and he doesn’t know about any of it. He mentioned hearing about the ETF a couple weeks ago from another advisor. I asked if he could put me in contact with that advisor for us to talk more in depth about a topic that my current advisor knows nothing about unfortunately and he’s only in his 30’s.

What do your advisors have to say about Bitcoin in your portfolio?

They're both very bitcoin friendly. That's the only reason I work with them.

They own bitcoin and are going out of their way to educate themselves and their clients in bitcoin!

If you want me to put you in touch just let me know. He's an awesome guy - lives in the country like me about 50 miles from here

Yes please!! This sounds like a great idea!

Shoot me an email 88sats@proton.me and I'll connect you with him!

Will do!! ☺️