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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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Nvidia Stock: Why Permission to Sell H200 Chips to China Might Not Matter for Shares Barron'sChina's Access to Powerful Nvidia Chips Comes at ‘Critical Moment' The New York TimesNvidia gets the OK from Trump to sell chips to China. Is it a reason to buy the stock? CNBCChipmaker Stocks Fall After Trump Clears AI Chip Exports To China ForbesChina set to limit access to Nvidia's H200 chips despite Trump export approval
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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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