What professionals say you should be saving in Bitcoin
🔸 Plus: A picture of a rock sold for $700,000 🔸 Employers are using AI to monitor what employees type in Slack 🔸 “Tooth fairy inflation” 🔸
Hello! Here’s today’s 2-minute guide to demystifying money and making you richer
The markets, year-to-date
S&P 500: 5,117.09 ⬇️ 0.65%
FTSE 100: 7,727.42 ⬇️ 0.8%
Bitcoin: $67,659.30 ⬆️ 53.17%
GBP to USD: $1.2742 ⬆️ 0.11%
GBP to EUR: €1.1697 ⬇️ 0.016%
Based on Friday’s close of business.
How much the professionals say you should put into Bitcoin
The price of Bitcoin is up — again — setting a new all-time high at $73,135 earlier this month. Bitcoin has gained more than 50% in value this year.
So how much of your savings do professional investment managers think you should be plunging into Bitcoin?
The answer may surprise you: not much.
Big-name-brand managers are recommending only 1% to 3% of your investment savings should be in Bitcoin. Three percent would be “aggressive”, the pros say.
A vibe change in the investing world
We’ve told you before to be very cautious about investing in crypto. But there has been a vibe change in the investing world since the US government changed the rules this year…