Million Dollar Problem Podcast — Episode #3 - Should You Own Bitcoin? How Should You Pick A Financial Advisor?
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Should You Own Bitcoin? How Should You Pick a Financial Advisor?
Bitcoin continues to make headlines, but does it deserve a place in your portfolio? In this episode, Luke Lloyd and venture capitalist Chris Hjelm break down the role of Bitcoin in a long-term investment strategy, who should (and shouldn't) own it, and the biggest mistakes investors make when approaching digital assets.
The conversation then shifts to one of the most important financial decisions you'll ever make: choosing a financial advisor. They discuss the questions every investor should ask, the differences between advisors, common red flags to avoid, and how to find someone whose incentives are aligned with your financial goals.
Whether you're curious about cryptocurrency, looking for better financial guidance, or simply want to make smarter money decisions, this episode is packed with practical insights to help you navigate your own million-dollar problems.
Topics Covered:
- Should Bitcoin be part of your portfolio?
- The risks and opportunities of digital assets
- How to evaluate a financial advisor
- Fiduciary vs. non-fiduciary advisors
- Questions to ask before hiring an advisor
- Common investing mistakes and how to avoid them
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