Investing in crypto currency is akin to a foreign currency conversion. You could buy the coin itself, or do so directly by exchanging some of your money for bit coin or etherium. Another thing that you could do is invest in crypto funds and e t f. Think about how you would approach investing in any type of e t f: What are the underlying assets inside of that e t f?
#368: Grace wants to buy a manufactured home for rental income. Should she calculate her returns differently for a manufactured home?
Alex is curious about cryptocurrency. How should she analyze the returns promised by different platforms and where can she go to learn more about crypto in general?
Thomas and his wife have parallel goals of saving for a down payment and contributing to retirement accounts. How should they balance both of these goals?
In today's episode, former financial planner Joe Saul-Sehy and I tackle these tough questions.
Do you have a question on business, money, trade-offs, financial independence strategies, travel, or investing? Leave it here and we’ll answer them in a future episode.
Enjoy!
For more information, visit the show notes at https://affordanything.com/episode368
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