Feel Free to Sell This as a NFT
Feel Free to Sell This as a NFT Vlog Transcript
Hi everyone, Tom Bickimer here, and today I want to talk about the brave new world of investing. Yes, I’m talking about Bitcoin, Ethereum, Dogecoin, NFTs, GameStop, SPACs and BBQSpecialDerivatives- okay, I made that last one up.
Ask Warren Buffet or Elon Musk about these and you’re going to get hugely different opinions. I’m not as smart or wealthy as they are, but it appears cryptocurrency is here to stay- although, what is legitimate or merely a flash in the pan remains to be seen.
Meanwhile, what are the lessons to be learned when a populist movement fueled by social media sends a stock like GameStop through the roof, or values Dogecoin, with no tangible worth, more than Ford Motor Company?
Some of what’s happening out there is no different than taking a spin around the roulette wheel, and it gets really scary when people start borrowing money to get in on the latest craze- folks who will more likely than not get trampled in the inevitable stampede to sell. Does that ring a bell with any of you history buffs out there? It does with Warren. Who knows about Elon.
So right about now you’re probably wondering why Builder Tom is talking about this. Well, as a homebuilder, I know a thing or two about taking risks and valuing assets that are tangible, not make believe. At Bickimer Homes we never forget that the homes we build will likely be the single largest investment our customers will make in their lifetime. We work hard to earn the trust and financial commitment our customers place in us.
Paraphrasing a popular 1980s investment slogan, back when Bickimer Homes was as shiny and full of promise as crypto is today, we make money the old fashion way- we earn it. And that, my friends, you can take to the bank.
Bickimer Homes, building dreams on a solid foundation since 1982.