What Was Bill Hwang Thinking? | Weekly Roundup
Inflection Point
00:00
Cryptocurrency
Fidelity has now integrated to their four o one k plines the ability to include bit coin. That is just a monster story that i didn't get as much attention as i feel like it deserved. The e t f and mutual fund businesses do not want you to transfer your money out of their beloved e tf and mutual funds into bi coin. In the four one k was created in the tax act of 19 86, which had nothin' to do with tax. Hat had everything to do wash shifting from define benefit to define contribution. It saved companies 35%. And the average person got screwed. Most people have no idea how manage money.
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