With the extreme, rapid price appreciation of digital currencies, some clients may be demanding an investment in cryptocurrencies. If you must, diversification is key.
On the eve of hitting $11,000 per unit, the wealth manager and the fintech entrepreneur shared when and why they first invested in the digital currency.
ETF buyers aren’t looking closely enough at their holdings and instead are relying on diversification to keep them safe, says Paul Andrews, secretary general of the International Organization of Securities Commissions.
Many investors say the financial crisis had no impact on their lives, rising market pushes hedge funds to hit all-time asset highs despite fund outflows in October, and brick-and-mortar stores saw a successful Black Friday.