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Avoid cryptocurrencies
#8
RE: Avoid cryptocurrencies
(February 3, 2024 at 10:23 pm)Fireball Wrote: Since I retired 9 years ago, my money people have managed to make those bubble gum wrappers nearly double in value. I vetted them by watching what they did with my wife's parents' money. When I asked them about crypto, I was told that it is unregulated and they can't invest in it. Good enough for me. I made my living in engineering, and rely on proven people to do the money part. I used to do our taxes, but when we moved 47 miles from my workplace, I pressed my wife into doing them. She used TurboTax, which I used prior to the turnover to her. We now have a real tax accountant, since we're both out of our depth. Recommended by our money people. It doesn't cost that much, and we know that they know the laws, since even my money people use them. Investing is risky enough, without going the high risk route.

This. I am far too close to retirement for the kind of volatility and risk associated with crypto.
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Messages In This Thread
Avoid cryptocurrencies - by neil - February 2, 2024 at 11:37 pm
RE: Avoid cryptocurrencies - by brewer - February 3, 2024 at 7:14 am
RE: Avoid cryptocurrencies - by Thumpalumpacus - February 3, 2024 at 2:03 pm
RE: Avoid cryptocurrencies - by Nay_Sayer - February 3, 2024 at 2:34 pm
RE: Avoid cryptocurrencies - by Jackalope - February 3, 2024 at 8:32 pm
RE: Avoid cryptocurrencies - by neil - February 3, 2024 at 10:12 pm
RE: Avoid cryptocurrencies - by Pat Mustard - February 4, 2024 at 6:46 am
RE: Avoid cryptocurrencies - by Fireball - February 3, 2024 at 10:23 pm
RE: Avoid cryptocurrencies - by Jackalope - February 3, 2024 at 10:34 pm
RE: Avoid cryptocurrencies - by brewer - February 3, 2024 at 11:16 pm
RE: Avoid cryptocurrencies - by Goosebump - February 12, 2024 at 2:11 am
RE: Avoid cryptocurrencies - by Jillybean - March 4, 2024 at 8:17 pm
RE: Avoid cryptocurrencies - by Fireball - March 4, 2024 at 9:18 pm
RE: Avoid cryptocurrencies - by BrianSoddingBoru4 - March 4, 2024 at 8:30 pm

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