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U.S. stock-index futures were little changed on Sunday, as it appeared the U.S. was on the verge of an all-out trade war with Canada, one of its biggest trade partners.
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Syria foreign minister sees Israel security talks resuming despite no trust ReutersA US envoy says Israel did not give a warning to the US ahead of a recent Syria air strike AP NewsSyria, Israel hold US-mediated talks in Jordan to de-escalate tensions Al Jazeera
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U.S. to unveil 'greatest financial offensive' against Iran as Tehran threatens ship seizures CNBCLive updates: US set to unveil ‘economic D-Day' sanctions on Iran CNNIran official says support for new sanctions would be an 'act of war,' and other Middle East news AP NewsWorld in Brief: America due to unveil sanctions on Iran's trade partners; Zelensky says elections would "destroy" Ukraine The Economist
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About 145 million American adults say that they own or have owned cryptocurrency. Statistically, that's more than half of your co-workers, neighbors and friends.
It's also about the number of Americans who own stocks.
Even though it's not regulated by a government agency, cryptocurrency is becoming mainstream. However, President Biden recently signed an executive order to address cryptocurrency risks with a whole-of-government approach that could make cryptocurrency even more attractive to investors as well as traditional banks and credit unions.
SEE MORE Crypto Has Been Through the Wringer in 2022: What Now?
For the near term though, cryptocurrency remains a volatile, speculative asset that will likely continue its gut-wrenching booms and busts. That's not to say that cryptocurrency doesn't belong in a well-diversified portfolio, but I recommend that my clients first educate themselves about cryptocurrency before deciding whether or not to invest.
As Warren Buffet said about investing in cryptocurrency: "I get into enough trouble with the things I think I know something about. Why in the world should I take a long or short position in something I don't know about?"
Here are some important concepts to get comfortable with.
How Cryptocurrency Works: The Basics
Say you order a new set of patio furniture online. A credit card company or p
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