Bitcoin, cryptocurrencies and your retirement savings — what to do and what NOT to do
Does Bitcoin have a place in a retirement portfolio? Will including cryptocurrencies hurt or help a retirement nest egg? How, or when, should these investments be made — if at all?
Cryptocurrencies are becoming persistently popular in investing, leaving people wondering if they have a place in retirement plans. But with so much volatility and a lack of understanding about these investments, the decision-making process can be overwhelming — as if retirement saving and investing wasn’t complicated enough already.
Retirement portfolio construction involves many variables, including when a person will retire, what their goals are and how tolerant they are of risk, to name a few. On a basic level, investors can think of their portfolios as stocks and bonds, but there’s so much more that goes into asset allocation of an investment portfolio. The wrong mix or percentage of investments could have a big impact.
As part of a Barron’s Live event on Wednesday, Aug. 11, at 12 p.m. Eastern, MarketWatch reporters Alessandra Malito and Brett Arends will discuss where cryptocurrencies fit into a retirement portfolio — if ever — and which vehicles make the most sense for these investments. They will also talk about the best ways to approach these choices, especially when professional and novice investors alike are abuzz with conversation about the future of this emerging asset class.
You can register for the event here. The session will include answers to audience questions.
