This post from Todd Tresidder came my way via Darrow Kirkpatrick's excellent "Can I Retire Yet?" site and newsletter. The author (IMHO) makes a pretty compelling case for both equities and bonds both being dangerously overvalued (and do check out his piece on the bond market from 2013 linked to within the article if you still think of bonds as the safe part of your portfolio).
The author's discussion of the psychology driving the Bitcoin craze may be the best part of the piece. His evaluation reminds me of Harry Browne, founder of the (in)famous Permanent Portfolio.
Towards the end there's a small list of possible ways to hedge against risk. I also found the comments worthwhile and suspect this piece will be getting a lot more play.
https://financialmentor.com/investment-advice/risk-management-plan/bubbles-everywhere/21479
The author's discussion of the psychology driving the Bitcoin craze may be the best part of the piece. His evaluation reminds me of Harry Browne, founder of the (in)famous Permanent Portfolio.
Towards the end there's a small list of possible ways to hedge against risk. I also found the comments worthwhile and suspect this piece will be getting a lot more play.
https://financialmentor.com/investment-advice/risk-management-plan/bubbles-everywhere/21479