No, I’m not flogging Bitcoin.

I don’t understand how something as volatile as that, with no intrinsic value, can be used as money in the long term.

It was an email from one of the financial people who pointed out the reality.

Let’s assume that you have built up your retirement fund.

It’s looking good with the rise of the share market.

You’re close to retirement, so you want to earn income from your shares.

You also want to preserve the accumulated value.

As you should.

But who is going to buy your shares when you want to take some profits?

There are fewer people joining the workforce today than there have been for 40 years.

Can they buy your shares?

Not likely, they’ve got student debt to clear up, then a house to buy before they can look at buying your shares.

What about those in mid-career?

They might have cleared their student loans, but they now have an increasing mortgage expense or rent, as well as inflation eating into their wages.

Most of them do not have spare money to buy your shares.

This means a market collapse is almost inevitable, and your shares will drop in value rapidly.

How will that impact your retirement?

What can you do about it?

You could get out of the market now.

Take your profits and put your money into something safer, and you should.

(I’m not a financial adviser, so you should do your own due diligence and ask a professional.)

Where is safer?

Places where they pay good dividends, and the demand will be there regardless of the share price.

Energy will always be needed, so any of those companies.

Land, accommodation, etc are also good.

A safe store of money but no dividends are gold and silver.

Coins, bars, anything you can physically hold works.

And you need to be generating additional income that you control.

Spreading the risk makes sense to me, so tiny little businesses that have a small but steady cash flow are excellent.

Use the information here to make them profitable.

https://go.wm-tips.com/diamond.

Regards,
Brent.