December 28, 2016

Every morning, the top venture capital investors in the world wake up, drink a fresh cup of coffee, or Soylent, and mine these blogs and newsletters for insight and the latest deal news. The top online reads among the investors were AVC, a blog by venture capitalist Fred Wilson, whose firm has invested in companies such as Twitter Inc. TWTR, -1.32%   and Tumblr and Term Sheet, a daily deals newsletter, formerly run by journalist Dan Primack, according to blogger Joe Hovde. generation. Blogs and newsletters are an influential source of influential source in the venture capital and startup arena. Other top choices are Mattermark Daily, Ben Evans’ Newsletter, and Feld Thoughts. It’s important to remember that we now live in the Information Age, information is valuable currency. The more relevant your information, the more valuable it is in your decision making when it comes to investing. You always have two choices: invest for capital gains or invest for cash flow.

Recent predictions that the value of Bitcoin would skyrocket as Donald Trump takes over the presidency appear to be coming true—weeks before the change in administration even happens. In its annual Outrageous Predictions report, the Danish firm Saxo Bank stated that America’s expected spending binge in 2017 and beyond by the Trump administration will cause “U.S. growth and inflation to sky rocket, forcing the Federal Reserve to accelerate its hikes and the USD dollar to hit the moon.” As a result, Russia, China, and other emerging markets could likely shift away from mainstream banking options, and Bitcoin, the alternative virtual currency, could emerge as newly valuable amid the chaos. “We could see Bitcoin easily triple over the next year goi 1ng from the current $700 level to +$2,100,” Saxo Bank researchers wrote a few weeks ago. As of today, Bitcoin was trading at $950.  It hasn’t been trading at this level since November 2013. Despite current events, Bitcoin’s value is increasing could possibly be increasing because of the perception that the value could increase in the future.

For this month, the stock I recommend looking at is GBTC – Bitcoin Investment Trust. This company is a private, open-ended trust that is invested exclusively in bitcoin and derives its value solely from the price of bitcoin. It enables investors to gain exposure to the price movement of bitcoin without the challenge of buying, storing, and safekeeping bitcoins. The BIT’s sponsor is Grayscale Investments, a wholly-owned subsidiary of Digital Currency Group. On 1/4/16, the stock was trading at $64.00, and as of today, the stock is trading at $120.00. This stock is one that is worth keeping an eye on.

 If you need are interested in creating a budget, then contact me for a financial checkup in the contact me section.

For this week, I’ve included Meet Leonard Kim – Professional Branding Expert from MONEYTALK WITH #WINNIESUN (@SunGroupWP) YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.” Proverbs 28:26 MSG


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