|
Market Wrap: Stocks Hit Record Highs on AI News and Job Cut Announcements TipRanksStock market today: Dow, S&P 500, Nasdaq notch fresh records as Nvidia soars ahead of Fed rate decision Yahoo FinanceUS stocks drift near their record heights as PayPal rallies and Royal Caribbean falls AP NewsS&P 500 Rises as Traders Await Earnings Show-And-Tell, Rate Cut Bloomberg.com
|
|
Microsoft shares once again surpass $4 trillion valuation, joining Nvidia ABC News - Breaking News, Latest News and VideosApple is now worth $4,000,000,000,000 CNNApple crosses $4 trillion market cap for the first time CNBCApple Becomes Third Stock in History to Top $4 Trillion in Value Bloomberg.com
|
|
Stocks close at record highs for second day as AI trade heats up ahead of Fed rate decision CNBCStock market today: Dow, S&P 500, Nasdaq notch fresh records as Nvidia soars ahead of Fed rate decision Yahoo FinanceMarket Wrap: Stocks Hit Record Highs on AI News and Job Cut Announcements TipRanksWall Street indexes post records as Nvidia jumps, megacap earnings ahead Reuters
|
|
About 145 million American adults say that they own or have owned cryptocurrency. Statistically, that's more than half of your co-workers, neighbors and friends.
It's also about the number of Americans who own stocks.
Even though it's not regulated by a government agency, cryptocurrency is becoming mainstream. However, President Biden recently signed an executive order to address cryptocurrency risks with a whole-of-government approach that could make cryptocurrency even more attractive to investors as well as traditional banks and credit unions.
SEE MORE Crypto Has Been Through the Wringer in 2022: What Now?
For the near term though, cryptocurrency remains a volatile, speculative asset that will likely continue its gut-wrenching booms and busts. That's not to say that cryptocurrency doesn't belong in a well-diversified portfolio, but I recommend that my clients first educate themselves about cryptocurrency before deciding whether or not to invest.
As Warren Buffet said about investing in cryptocurrency: "I get into enough trouble with the things I think I know something about. Why in the world should I take a long or short position in something I don't know about?"
Here are some important concepts to get comfortable with.
How Cryptocurrency Works: The Basics
Say you order a new set of patio furniture online. A credit card company or p
|
|
