Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios.
Bitcoin and related cryptocurrencies are the subject of much debate and fascination. Given bitcoin’s dramatic price changes, it is not surprising that many are speculating about its possible role in a portfolio.
The more wealth you amass, the more likely you are to be taken to court as the defendant in a civil action. That lawsuit could be for real wrongs, imagined ones, or downright nuisance cases.
It is impossible to separate investing and risk. Whether you choose stocks, bonds, mutual funds, annuities, alternatives like gold and oil, or just a money market account, you run the risk of loss.
The 2018 market year is in the books, and it wasn’t pretty. It wasn’t anywhere near as bad as 2008, which was worse than going to prom with your mother. 2018 was more like going to prom with a second cousin.
Market risk isn’t the only risk you face in your financial journey. You could avoid market risk entirely very easily: Stay out of the market. But can you grow your nest egg fast enough to retire when you want to and have enough money to last your lifetime?
