Despite all the naysayers, bitcoin will close out 2020 as the best-performing asset in the world again. And you still have a chance to ride its coattails to life-changing gains… But that window of opportunity is fast closing.
As I pen this, our entire Palm Beach Letter model portfolio – warts and all – shows an open gain of 46% this year, compared to the S&P 500’s 14% gain. So we’ have been beating the broad stock market index more than three times over in 2020.
There’s a way to turn losses on your crypto holdings into immediate tax savings – while keeping possession of your crypto. It involves a loophole under Section 1091 of the IRS code. It’s known as the “wash-sale” rule.
If you’ve booked large gains this year in your taxable accounts, I’ll share a quick and easy way to offset them with any losses.
Bitcoin has smashed through the $20,000 mark… Why the rally is just getting started…
Today, an estimated 40−60 million Americans own crypto. And crypto exchange Coinbase has more users than traditional brokerages Charles Schwab, E-Trade, Interactive Brokers, and TD Ameritrade combined. At the same time, Fidelity, Guggenheim, and JPMorgan have recently changed their tune on bitcoin. They either offer bitcoin services or plan to invest in bitcoin.
With bitcoin and other altcoins rising to new highs this year, you can very easily lose your sense of prudence… and start getting overly excited. That’s when FOMO – the fear of missing out – begins to set in.
Jeff Brown The Cure is an online event featuring Jeff Brown discussing a small biotech stock. This small-cap stock could soar as much as 1,000% when it makes a critical announcement about the clinical trials it has underway.
The way of “winning” – in which you have more wins more frequently – is addictive. But if you really want to get rich, you have to do the opposite. What we call making an “asymmetric bet.” With asymmetric betting, you can have huge upside from just a handful of tiny investments… even as small as $500.
Bitcoin’s price has been soaring lately and according to these two world-famous investors, the real force behind this rally will shock you. It’s impacting every single technology on earth and it could make you a fortune over the next 12 months.