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S&P 500 ends slightly down as investors await Fed rate decision ReutersS&P 500 closes little changed ahead of Fed decision, JPMorgan weighs on Dow CNBCStock market today: Dow, S&P 500, Nasdaq futures waver with Fed rate decision on deck Yahoo FinanceUS stocks hold in place in the countdown to the Federal Reserve's meeting on Wednesday AP News
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Stock Market Today: Dow Falls Ahead of Fed Rate Decision Barron'sS&P 500 closes little changed ahead of Fed decision, JPMorgan weighs on Dow CNBCDow drops 179, Nasdaq rises 31, S&P 500 slips 6 MSNWall Street pulls back from its record heights AP News
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S&P 500 is little changed as traders brace for Fed decision, Dow dragged down by JPMorgan: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq rise as Fed meeting kicks off, JOLTS data shows openings rose Yahoo FinanceInvestors warm up for long spell of discordant Fed ReutersU.S. stocks mixed ahead of Fed decision; labor market data in focus Investing.com
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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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Bets on a Biden-led stimulus fuel outperformance by small stocks; green-energy companies hoped for an extension of investment-tax credits, and instruction on how to look cool and stay warm when dining outdoors.
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