[2018-02-19] ETFs VS Cryptocurrency: Asset Allocation Guide for Millennials

[S3cco]

ETFs VS Cryptocurrency: An Unbiased Asset Allocation Guide for Millennials
https://bitcoingarden.org/etfs-vs-cryptocurrency-unbiased-asset-allocation-guide-millennials/

Cryptocurrencies have taken center stage in the global financial and investment landscape because of their proven ability to deliver impressive ROI. In the years gone by, millennials have shown borderline fanatical love for equities in relation to conservative assets such as bonds and T-bills. However, in the last two years, millennials are showing borderline fanatical interest in cryptocurrencies.

The increased interest in cryptocurrencies is justified and understandable. The 2017 gains in cryptocurrencies were simply unbelievable. However, since the markets opened for trading this year, cryptocurrency assets have given back much of those gains and many people who came late to the crypto party are yet to recover much of those losses. This piece provides insight for millennials torn between investing in cryptocurrencies and traditional assets such as ETFs.

Investing in an ETF is a slow but sure-footed and steady way to build wealth consistently for the long term. ETF investing for millennials is a particularly smart investment move because it diversifies your portfolio, hedge risk, and provide exposure to a fine mix of assets.

For one, ETFs are a cost-effective investment vehicle in that your portfolio is diversified and filled with a single order. In contrast, you’ll have to conduct multiple transactions buying individual stocks in order to create a traditional investment asset. The cost-effective nature of ETFs also spills into the fact that you don’t have to worry about losing all your profit on commissions, load feeds, and managing fees....