Cryptocurrencies are digital assets, based on multi-user computer networks, which employ new ‘blockchain’ technology. These are unique from the physical assets we commonly think of and invest in, such as real estate, oil, metals, or shares of company stock. Unlike those physical assets, crypto is held in digital form, similar to how one would store computer files.
A quick note from The H Group…With Russia’s decision to invade Ukraine, markets are experiencing increased volatility as they try to price in the geopolitical fallout. We do anticipate volatility may remain high until there is a better understanding of how far Putin’s plans may span and the extent of which sanctions may be applied by the West.
Owning a home outright is a dream that many Americans share. Having a mortgage can be a huge burden and paying it off may be the first item on your financial to-do list. But competing with the desire to own your home free and clear is your need to invest for retirement, your child’s college education, or some other goal.