$500,000 now, or $2,000,0000 in four years?
Normally this would be a question about your time preference. Can you wait to get the thingy? or does it have to be now?
However, this really isn't that question, because we have many, many other things in play.
- Will the dollar still be valuable in four years?
- How much inflation in the dollar between now and four years?
- Can you double your money in two years on your own?
- Bitcoin is at a hellava deal right NOW!
- Bitcoin will probably 10x over four years
- The tax laws are drastically changing
- The stock market may collapse and die in the next four years.
So, what do you do with this? How would you play this?
The old monetary system is collapsing
… or changing / transforming.
If you took the $500,000 and put it in a savings account or CD, you may lose it all due to bank closure/bankster holiday. Like many times before, the banks have closed and the currency is revalued. Losing 50% to 90%.
Inflation is looming. It may be that the $500,000 has more purchasing power now, than $2,000,000 in four years. If you put $500,000 into something that will be easily sellable in four years, you will, at least, have the commodity you bought, and may be extremely wealthy, in real world stuff. An example is buying freeze dried meals. When food becomes scarce, or goes up 10x, you will have far exceeded the measly $2,000,000.
What will $2,000,000 look like in four years? Will it look like trillion dollar Zimbabwe notes?
Investing in things that will go away
Lets say you got the $500,000 and put it into the stock market. Just before it crashed 90%. What about if you bought stock just before the stock market is closed for fraud, and you are left unsure if you even have any stock.
If you used the $500,000 to buy a house, the house might go down in value, but you will have a house. And if it has space to garden, it may be a GREAT investment, even though, monetarily, it was a dud. BUT, you will have a house. The place you can live is assured.
Of course, if you put the $500,000 into a Lambo, you may end up with nothing. A car that you can't drives (roads aren't being maintained, and rich people have become targets) and a car that you can't sell.
And bonds… the Fed will print money to pay off The US bonds, but what will that be worth? Most other bonds disappear as the economies collapse.
We are on the edge of something big
Bitcoin is probably the cheapest it has ever been. Considering where it will be in four years.
It looks like we are heading towards crypto adoption. And during that time, cryptos will go UP.
Bitcoin has many ETFs, meaning it has made it. Bitcoin is not dead. It has become an investment. And that is something that none of the other halvings had.
If you took the $500,000 today, and put it into bitcoin, you would probably get 6-7 bitcoin, and it goes to the conservative $250,000 mark this year, this means you will have gotten (near) to the $2,000,000 number by the end of the year, instead of in four years.
Of course, there is the other side, the non-conservative price targets. One million dollar bitcoin is in our future, it is just a matter of when. And, after one million comes unobtanium. Where, people won't accept dollars for a bitcoin. And, if this happens, you will feel so good that you took the $500,000 now, because that $2,000,000 will be on its way to being worthless.
Of course, precious metals, especially silver, will be much higher than the $2,000,000 mark.
So, if you got the $500,000 and bought silver or bitcoin, you will, most likely, be far ahead.
However, the thing that really makes getting the $500,000 better is that you can shift where you invest as financial collapse manifests.
What if i (and a lot of other analysts) are wrong about bitcoin. T.H.E.Y. really block bitcoin on the internetz. Or something new, is totally better than bitcoin, and blockchain, and bitcoin gets left in the dust. Well, it would be good to see it coming and start switching out/over.
Basically, if you are good with your finances, and recognizing a good investment, then take the $500,000 is a MUCH better option. If you know nothing about investments, or if you are gambler + alcoholic, then waiting for the $2,000,000 makes a lot more sense. However, just putting every spare chunk of money into bitcoin will put you way ahead. It is one place where i would feel safe to just park it and keep it.
And then just sit back and watch bitcoin become your bank, your savings account, your retirement