1. EachPod

Investing In Cryptocurrency For Retirement

Author
Mike Douglas
Published
Tue 19 Mar 2024
Episode Link
https://omny.fm/shows/michigans-retirement-coach-podcast-with-mike-dougl/investing-in-cryptocurrency-for-retirement

Bitcoin recently made a new all-time high, breaking through $70,000 for the first time. But does a highly volatile and speculative asset belong in a retirement plan?

In this episode, Mike explains why cryptocurrency has become more mainstream and how Bitcoin became a more legitimate asset this year. Recently, the SEC approved ETFs for Bitcoin causing a spike in interest and seeing billions of dollars inflow into the crypto sector. Many people are still choosing to avoid Bitcoin and cryptocurrency, but is a small allocation worth it for your retirement plan? Mike discusses the opportunities and warnings for retirees.

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