2min chapter

The Compound and Friends cover image

Ric Edelman Unplugged

The Compound and Friends

CHAPTER

How to Get It Right Without Recommending Cryptocurrencies

The typical advisor has a lot of clients who own krypto. If you're saying and doing stupid things the same thing would be true in the stock market. You do want to pump and dumb scheme on a penny stock, right? That's very different from recommending the s&p 500. The people who are buying crypto tend to be more affluent They have the money to invest and you deal with affluent people.

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