Active Planning & Investment Solutions logo

2810 Fieldstream Drive North

Wilson, NC 27896

 

Phone: 252-237-4357

Fax: 252-243-2681

 

July/August 2018

Tales from the Crypto(currency)

If you pay even a little attention to the world of investments, you have probably heard about something called bitcoin. This Johnny-come-lately investment is known as a cryptocurrency, or digital currency, of which there are hundreds. But before you consider investing, learn a little bit about them.


Caution Ahead
Cryptocurrencies are generally virtual and decentralized, and aren’t backed by a government or central banking authority. They don’t offer the same protections as bank accounts, which are insured by the Federal Deposit Insurance Corporation, or U.S. government securities backed by the full faith of the United States. Yet, cryptocurrency is offered by scores of companies, whose ability to back these investments is at least questionable.


Volatile and Risky
Ultimately, cryptocurrency is extremely risky, as wild swings in price during the past year have shown. Where some ultraaggressive investors may see an opportunity here, the risks of this currency are typically beyond the tolerance of all but the most adventurous investors.


SUBSCRIBE

Enter your Name and Email address to get
the newsletter delivered to your inbox.

Please include name of person that directed you to my online newsletter so I can thank them personally.


CONTACT US

Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.

Active Planning & Investment Solutions and LTM Marketing Solutions, LLC are unrelated companies. This newsletter was created by LTM Marketing Solutions, LLC and was not written or created by the named financial professional and does not necessarily represent the views and opinions of Cetera Wealth Services, LLC® or its subsidiaries.
Securities offered through Cetera Wealth Services LLC, member FINRA/SIPC. Advisory Services offered through Cetera Investment Advisers LLC, a registered investment adviser. Cetera is under separate ownership from any other named entity.

The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.