Happy Valentine's Day! Today, my blog gets a fresh start. With Bitcoin ETFs finally becoming a reality [1], I'm pivoting my investment focus. From now on, it's all about Bitcoin (no shady altcoins!) and how AI is changing the game for big tech companies.
So, I made a move... I sold my Bank of America shares (taking a bit of a hit, ouch!) and now have $60,000 burning a hole in my pocket. I've split that money equally between three stocks. I'll spill the beans each Friday with weekly updates and share my quarterly profit (or loss!). Here's why I'm excited for the next 10 years, and I hope you are too:
- TSLA: Elon Musk won't shut up about AI, and it's woven into Tesla's autopilot. If there's one company ready to make AI pay off, it's this one.
- MSFT: Microsoft's been all over the news for how fast they're adding AI to their products. Can you believe a $3 trillion company moves that quickly?
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FBTC: Why Fidelity's Bitcoin ETF over the others? I like that Abigail Johnson's been into Bitcoin for a while now [2]. Plus, their fees are reasonable, and they handle custody themselves and not use a third-party service like Coinbase [3].
Let's see where this goes!
Notes:
[1] https://www.nytimes.com/2024/01/11/business/dealbook/bitcoin-etf-wall-street-crypto-investing.html