My stock portfolio increased by 15% this past year, net 4% above the title of this blog. The market has been kind, but for how much longer? There are many factors to consider moving into the third quarter and beyond, including the strength of the dollar, the euro, and how political situations will affect the US economy in the new year and beyond.
I have also experimented with crypto currency as a hedge to the market and this has worked out quite well (41% net return (factoring in taxes and transaction fees, since May 2017.) I find the relationship of the US stock market and the crypto market to be related. Many do not understand the crypto market, and as time goes on and individuals/governments have more trust in the security of crypto, the stronger the crypto market will become. I will discuss these relationships more in depth in future posts.
I use Coinbase for crypto. I find this site to be the most user friendly to execute transactions. Currently, you can buy/sell whole or partial amounts of Bitcoin, Ethereum, and Litecoin. The site also provides many security tools including wallets and vaults for cash transactions.
You can set up a coinbase account with a credit card, checking account, or debit card. Transactions are instantly posted with credit/debit cards (cost a bit more) and transactions from checking accounts take a few days, however, your execution price remains locked in.
I have also experimented with crypto currency as a hedge to the market and this has worked out quite well (41% net return (factoring in taxes and transaction fees, since May 2017.) I find the relationship of the US stock market and the crypto market to be related. Many do not understand the crypto market, and as time goes on and individuals/governments have more trust in the security of crypto, the stronger the crypto market will become. I will discuss these relationships more in depth in future posts.
I use Coinbase for crypto. I find this site to be the most user friendly to execute transactions. Currently, you can buy/sell whole or partial amounts of Bitcoin, Ethereum, and Litecoin. The site also provides many security tools including wallets and vaults for cash transactions.
You can set up a coinbase account with a credit card, checking account, or debit card. Transactions are instantly posted with credit/debit cards (cost a bit more) and transactions from checking accounts take a few days, however, your execution price remains locked in.
