I have articles on this blog detailing how real estate appreciates over time compared to the value of the dollar with cited sources. If you have a diversified portfolio you may have some hot stocks mixed in with some blue chip stocks (slowly shifting to blue chip stocks as you get closer to retirement). In the past week (6-20 to 6-28-2019) bitcoin has really gone up, and down. I would not recommend bitcoin to anyone who is nearing retirement. Bitcoin is crypto currency that is used in transactions (not just online). Some country’s plagued with corruption and violence use it as the main currency (60 Minutes did a piece on it years ago about a country in Africa using it as currency). In short, it is online money which is not backed up by gold or silver. I would say that it’s value is backed through encryption and ease of use. It is easy to set up but it needs to be linked to a bank account using one of the apps out there that aid in the transfer of crypto currency  (coinbase or crypto tax are free apps). Some people have been sitting on their stock for over a year using the alerts provided to buy low and hope to sell high. The three crypto currency stocks that were recommended to me were are Bitcoin, Etherium, and Lite Coin. Other people use it on a daily basis to pay for food or their Uber ride. There is so much more I would love to share about crypto currency but wanted to keep this simple.

I would recommend speaking with your financial advisor before making any major financial changes. I recommend Merrill Lynch in Grand Blanc 2019 “Forbes Best-in-State Wealth Advisors” list. #cryptocurrence  #investmenteducation

60 minutes article on bitcoin as a currency, Lesley Stahl, 2015, https://www.cbsnews.com/news/future-of-money-kenya-m-pesa-60-minutes/