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Ever wondered why a seasoned investor like Lloyd Ross steadfastly avoids Bitcoin despite its astronomical gains? In this candid episode of Money Grows on Trees: The Podcast, Lloyd delves into the compelling reasons behind his decision and explores the broader implications for your financial strategy. Why does Lloyd compare cryptocurrency speculation to buying vintage oil signs or art collections? What’s the core principle that keeps him loyal to traditional businesses and index funds? Discover Lloyd’s insightful viewpoints that challenge mainstream crypto enthusiasm, fostering a deeper understanding of financial prudence. In a compelling moment, Lloyd leaves listeners with a thought-provoking comparison between Bitcoin and the world's top 500 companies, emphasizing true value versus hype. Join us for this enlightening discussion and rethink your investment strategy on Money Grows on Trees: The Podcast. Timestamps and Key Sections: 00:00 Explaining why I don't own cryptocurrency. 03:46 Prefer predictable investments over speculative ones. 06:57 Invest in predictably valuable publicly listed companies. Who is The Millionaire Money Mentor, Lloyd Ross: Lloyd James Ross serves as the Founder and Director of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events. With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing. He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC. Moreover, he’s the esteemed host of the critically acclaimed podcast, “Money Grows On Trees,” which boasts over one hundred 5-star reviews, and aims to achieve one million downloads by the end of 2024. Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations. Beyond his professional endeavors, Lloyd is a devoted husband to his beloved wife, Alisha, and proud father of a charming sausage dog named Elvis. During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio. For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg Stay updated with his adventures on Instagram by following @lloydjamesross. Resources and Links: - Explore Lloyd’s insightful books: Money Buys Happiness Book - Connect with Lloyd on Telegram: Lloyd’s Telegram - Leave a review and get a shoutout on the podcast: Spotify Review Enjoyed this episode? Don’t forget to subscribe to "Money Grows on Trees" on Spotify, leave a review, and share your thoughts. Visit our website for more resources and updates. Remember, your financial freedom starts with how you manage your time! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication. This podcast is produced by Phil Better Inc.