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A comment on Is This the End of Crypto?. Parent comment

Re:Is This the End of Crypto? by georgeecollins on Thursday November 17, 2022 @07:15PM (#33647934)
Can you teach me about this, like with a link or something? I have known wealthy people who for generations kept a portfolio like 60% equities, 35% cash and very liquid things like bonds, ~3-5% gold, usually in the form of equities that track gold.

I am not saying that is good.. I don't know. Tell me why it is bad. Thank you.

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Re:Is This the End of Crypto? by ManuelKiessling on Saturday November 19, 2022 @01:03AM (#33667444)
Well, for one, I might be wrong: https://ideas.repec.org/a/spr/empeco/v60y2021i3d10.1007_s001...

However, I don’t get how holding gold – which doesn’t generate dividends and therefore cannot benefit from compound interest – could be a good long term invest, compared to, say, an accumulating ETF.

No financial advice.

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