Financial Investing Radio

FIR 78: You WANNA Crypto Stocks!!

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Sinopsis

Recently I interacted with someone who had created an ICO (Initial Coin Offering) in the crypto-currency world. It is fascinating to see these digital currencies come to life with communities of interest that surround them. However, there are times when I think to myself, "Would I really put my capital to work in one of these startup instruments?" To do so we each need to think long and hard about each opportunity and the allocation of risk in our portfolio. Perhaps you have a diversified investment strategy where there is a sliver of funds allocated for a higher risk investment. I certainly won't suggest to do it or not do it. Each of us have to make our choices. But as I reviewed my own portfolio I thought; it would be great to have an alternative that was in a regulated market but was impacted or correlated to crypto currencies. There are many companies out there today who are investing in the crypto world in one way or another. The stocks for some of those companies are traded on the NYSE or NASDAQ or oth