Asymmetric Finance

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3 Myths About Millionaires
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3 Myths About Millionaires

You can be one too

Dec 21, 2022
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3 Myths About Millionaires
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Source: Unsplash

How you think and act directly relates to the money you have in your bank account.

Most people are resigned to understanding this statement. They believe that being a millionaire is reserved for a few, while they have to live the rest of their days with a living wage and working 9-5 (at least).

This year 2022, has been one of the worst in history. Not a single asset has performed well. Harry Browne's permanent portfolio, one of the "safest" strategies of all time, has performed horribly.

Click and drag in the plot area to zoom in 
0% 
-10% 
-20% 
-30% 
-40% 
1900 
1950 
2000 
Highcharts.com

It was the worst year for the permanent portfolio since the war when the market fell more than 80%.

The good thing about this type of decline is that it gives rise to many buying opportunities. We will probably see record highs again between 2023-2024. Not only that, but if you know how to position your portfolio, you can make a lot of money.

Currently, everyone in the market is bearish. EVERYBODY.

Now I leave you with some lessons that if you know how to take advantage of over the next year, you can make a lot of money:

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