Bienvenidos mis ositos, tu siempre eres mis queridos! (Welcome back little bears you are always my dears!)

My dear frens and readers what a difference a few years can make.

Not sure if we’re still in crypto winter but we’re still far from sunny days.

It’s still dank and rainy for me.

During the crazy run up you had temporary rich dullards insulting cash.

Why stay in cash when you can make 1,000% gains in crypto and meme stocks?

Now most of these “influencers” have deleted their accounts or moved on to the next grift.

I had almost forgotten how bad crypto markets can feel. The crypto winter that started around 2018 was bad but at least you had a chance at some stock market gains.

The crypto winter that started around 2022 is marginally better because of DeFi. Most NFT projects have died. If you still have some proof of stake coins at least you have a small yield. You’re probably down money but at least you have something.

2022 was bad for most stocks except for energy. In 2023 you might be treading water unless you caught the AI hype train earlier in the year.

On the weekends I sometimes dwell on what could have been. I’m not getting any younger.

I’m a fat, stupid Panda that’s starting to bald!

But maybe I should count my blessings.

I cashed out part of my crypto gains. In hindsight I should have just exited and waited for better entries.

The US nonfamily median salary is roughly $45,440

https://www.census.gov/library/publications/2023/demo/p60-279.html

If only I had cashed out fully and parked most of it in a US Treasury mutual fund.

A million dollars at 5% interest is $50,000.

It doesn’t get any more passive than that!

$50,000 isn’t a glamorous retirement but it’s better than slaving away for an unappreciative boss.

Instead I have to perform shameful tasks with Troll’s Granny.

Troll’s Granny:  I didn’t hear you complain last night.

Panda: At this point I’m desensitized to pain. The crypto markets has squeezed most of my life force out.

Troll’s Granny: If you want I can rent you out to Dorothy and Gertrude in the retirement home

Panda: How is that going to help?!?

Troll’s Granny: It’s better than moping around the house. Besides you owe me back rent!

Panda: Aaw please cut a Panda some slack.

Troll’s Granny: I’m not running a charity for gambling Pandas you know.

Publsh0x Troll: Ha ha Panda is a useless deadbeat!

Panda: What else can I do for money?

Troll’s Granny: Well, you better work on your ASSive income, because your passive income isn’t cutting it.

Panda: Aaagh!

Depending on when you bought you might still be down money. Even in Bitcoin and Ethereum!

Next time someone tells you cash is trash tell them to kiss my fat hairy @$$

Obviously none of this is formal financial or tax advice. You need to find qualified professionals in your jurisdiction.

Be sharp, stay hungry let’s get that money!