Welcome to Episode 49 of Retire Me!
On Today's episode we discuss:
1) Cottage Agreements - a friend of mine inherited a cottage from his late father. He is sharing it with his brother. I outlined for him the benefits of using a cottage agreement. I discuss the elements of a cottage agreement, its benefits, and how to get started
2) Bitcoin - I spend some time talking about what Bitcoin is, the pros and cons of owning Bitcoin, and what role it plays in long-term retirement portfolios.
00:20 - Mark talks about the pool opening
02:09 - The benefits of co-owing a cottage
03:00 - Possible pitfalls of co-ownership of a cottage
03:55 - Introducing the Cottage Agreement
04:24 - The main sections of a Cottage Agreement
05:41 - How to get started on a Cottage Agreement
06:55 - What is Bitcoin?
07:58 - The reasons to own Bitcoin
10:20 - Reasons not to own Bitoin
14:34 - Mark's take on Cryptocurrencies and disclaimer
To Bit or Not to Bit: What Should Investors Make of Bitcoin Mania? (dimensional.com)
Photo by André François McKenzie on Unsplash