Stocks and Investing
Stocks and Investing
Mon, December 9, 2024
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What's Better Than Investing in Crypto? These 'Boring' Picks
- Cryptocurrency may be good for a thrill, but older investors are better off with assets like bonds, guaranteed annuities, CDs and maybe dividend-paying stocks.
The article from MSN Money discusses investment alternatives to cryptocurrencies, highlighting more traditional and less volatile options. It suggests that while cryptocurrencies can offer high returns, they come with significant risks due to their volatility. Instead, the article recommends investing in assets like high-yield savings accounts, certificates of deposit (CDs), and dividend-paying stocks for steady, if less exciting, returns. It points out that these "boring" investments provide stability and predictable income, which can be particularly appealing in uncertain economic times. The piece also touches on the benefits of diversification, suggesting that a mix of these conservative investments could potentially outperform the crypto market over the long term by reducing risk and providing consistent growth.
Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/what-s-better-than-investing-in-crypto-these-boring-picks/ar-AA1vwYBP ]
Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/what-s-better-than-investing-in-crypto-these-boring-picks/ar-AA1vwYBP ]
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