Bitcoin Investment Strategy
We consider ourselves one of the first Bitcoin friendly investment advisors, and view blockchain “tokens” not just as an alternative currency, but a nascent and disruptive technology. We believe blockchain is the next new thing!
WHAT IS BITCOIN?
Bitcoin is the first of its kind in a new asset class called cryptocurrency.
To function as money, or maintain a role as a worthwhile investment; Bitcoin needs to be a store of value, a means of exchange, and achieve widespread adoption. We believe Bitcoin meets that criteria. (1)
Portfolio managers are constantly looking for ways to achieve portfolio growth which does not react in the same manner as the stock or bond market. Bitcoin is achieving worldwide adoption as more people and companies accept it as a method of payment, and a “flight to quality” safe haven. (2), (3)
DOES CENACLE CAPITAL HOLD MY BITCOINS?
No. Cenacle Capital Management will assist and teach you how to invest a small portion of your net worth in Bitcoin and other crypto-currencies using “cold wallet” technology. Bitcoin expert Andreas M. Antonopoulos said in an interview:
“We have an expression, in the United States which is “possession is nine-tenths of the law”. Have you heard that expression? In Bitcoin, possession is ten-tenths of the law. If you control the bitcoin keys, it’s your bitcoin. If you don’t control the bitcoin keys, it’s not your bitcoin. You are back to a master-slave relationship with a bank.” (4)
The safest way to own Bitcoin, is to hold personal possession of your private key.
BITCOIN FRIENDLY INVESTMENT ADVISOR
Our goal is two-fold. First, to manage your IRA, 401(k) or other investable assets at a discount brokerage firm using low cost growth and income exchange funds such as the S&P 500, Russell 2000, real estate investment trusts, US Treasury bond and precious metal exchange funds in a well rounded, traditional manner to escort you into retirement.
Second, we believe Bitcoin, blockchain, distributed ledger technology (DLT) and “alt currencies” have the potential to be the most disruptive and innovative investment development of our generation. We consider ourselves one of the first “Bitcoin friendly investment advisors”. As subject matter experts in this space, we can help you evaluate, buy, hold and securely store Bitcoin and other alternative currencies.
We’re also exploring investment strategies such as;
Bitcoin (BTC) vs. SPDR Gold ETF (symbol: GLD)
Bitcoin (BTC) & SPDR Gold ETF (symbol: GLD) ( 50%/50% allocation) and others.
Until the Securities and Exchange Commission (SEC) approves the Bitcoin ETF making it easier for investors, we firmly believe it is in your best interest to maintain complete control of your Bitcoin and other crypto-currencies.
(4) A. Antonopoulos; reinvent.money event 26 Sep, 2016. https://www.youtube.com/watch?v=ak1iojpiHpM
All Seasons Portfolio: Four Broad Investments; Low Cost Funds
Money: Master The Game
Having been in the trading and financial services industry for over 30 years, we’ve spent too much time and energy looking for the Holy Grail of investing; only to realize there is no Holy Grail.
It is not only counter-cultural but counter-intuitive for us to maintain (a) that successful investing has little to do with the perfect selection and short term market timing, and (b) that our value is unrelated to analyzing the economy, or perfectly timing the markets.
Our value proposition is about 20% Risk Target assessment and 80% behavioral coaching at critical market turning points; everything else is pretty much a refinement.
The beauty of the “All Seasons” portfolio is its simplicity. We invest your assets in four broad asset classes using low cost exchange traded funds. Commodities, Equity ( Domestic / International), Intermediate Bonds, Long Term Bonds, and Precious Metals.
To receive a 16 page report of how this strategy might respond in current market conditions, please contact us 847.686.4800; or email us at email@example.com
Cenacle Capital Management LLC only transacts business in states where it is properly registered or notice filed, or excluded or exempted from registration requirements. Follow-up and individual responses that involve either the affecting or attempting to affect transactions in securities, or the rendering of personalized investment advice for compensation, as the case may be, will not be made absent compliance with state investment adviser and investment adviser representative registration requirements, or an applicable exemption or exclusion.
Past returns are not a guarantee of future results. Exchange Traded Funds can lose money.
Please contact Cenacle Capital Management, LLC if there are any changes in your financial situation or investment objectives, or if you wish to impose,add or modify any reasonable restrictions to the management of your account. Our current disclosure statement is set forth on Part II of Form ADV and is available for your review upon request.
Options Are Complicated. Time is Short.
For Investors Using TastyTrade, ThinkOrSwim or Investools
Cenacle Capital Management has over 30 years experience trading options. Leave your account at T.D. Ameritrade, and we can initiate income generating strategies such as covered call writing, cash secured put writing, strangles, spreads, etc. using ThinkorSwim(R). For more information go to: https://www.thinkorswim.com/t/innovation.html
Your portfolio will benefit from receiving daily option income, or “theta” while you learn options. This conservative approach to trading derives the majority of its income from the monthly credit received from selling option premium.
This is an ideal strategy for a “hands on” investor with an existing portfolio needing a second opinion and perhaps a little hand holding while you learn how to use options for income generation and managing downside risk.
We love everything about ThinkorSwim and the crew at TastyTrade.com. As a matter of fact we spent our career trading at the Chicago Board Options Exchange (CBOE) with Tony Battista, Tom Sosnoff, Jenny Andrews and Liz Dierking. They revolutionized the entire business.
But for investors who are seeking the benefits of income generation using options, a reduction in portfolio volatility, without wanting to learn all the nuances of trading, contact us at 847.686.4800 and let’s see if we’re a good fit.
Disclaimer: When it comes to trading calls and puts, there’s a few things you need to know. Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading privileges subject to TD Ameritrade review and approval. Not all account owners will qualify. Please read Characteristics and Risks of Standardized Options before investing in options.
The Super 401(k) Plan Design
Cenacle Capital Management is connecting Highly Compensated Employees (HCE), business owners and partners with the pension design specialists at Fox, Lalonde & Kenne. www.flandk.com
The Pension Protection Act of 2006 (“The Act”) changed the landscape of qualified plan design. It is unquestionably the best piece of retirement planning legislation for business owners in decades from a contributory, regulatory and fiduciary perspective.
The Super 401(k) Plan™Design is perfect for business owners who;
- have fewer than 25 employees
need a solution to reduce excessive taxation
want to squeeze a decade of retirement income security into three years
are looking to protect assets from creditors
looking to cover post-retirement needs
are intrigued by medical & wellness reimbursements in post retirement
The Super 401(k) Plan™Design combines the most current qualified plan law under the Act with customized plan documentation and advanced actuarial methods to certify, using IRS guidelines, the comprehensive benefits of multiple plans.
The Super 401(k) Plan™Design contributions and corresponding tax deductions for business owners, professionals and other highly compensated participants can average between three to twenty times the stand alone Profit Sharing 401(k) limit of $54,000 to $60,000 for 2017. Owners contribution often exceeds 90% of the total.
To lean more, watch “What Could Help Clients Build a Million-Dollar Retirement Account?” The Super 401K Plan™ Design, which takes advantage of the changes made to qualified pension law by the Pension Protection Act of 2006.
Watch our 8 minute video to learn more!