|
Longtime supporters of Tesla and Elon Musk called on its board to pull the CEO back to the troubled EV maker after he said he is starting a new America Party.
|
|
Shares of Rocket Lab Corp. ended Monday's session up 9% amid the ongoing clash between President Donald Trump and SpaceX Chief Executive Elon Musk.
|
|
After his break with the Trump White House, Musk says he's starting the America Party.
|
|
Trump and Musk feud escalates after Musk floats creating new political party ABC News - Breaking News, Latest News and VideosThe Trump-Musk breakup appears to be complete CNNMusk's fiery reentry into politics ignites a new Tesla backlash The Washington PostIt's Hard to Create a Third Party, Even for Elon Musk The New York Times
|
|
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
|
|
