Everyone wishes they could have purchased Apple stock before it exploded, or bought a few Bitcoin when it was selling for pennies on the dollar. There are a variety of trendy new investments making serious gains almost overnight, such as SPACs, NFTs, cryptocurrency, and many more.
It might be tempting to try and get in on the ground floor of these investments, but as this Barron’s article explains, when it comes to your portfolio, sometimes it’s better not to follow the crowd.
This communication is for informational purposes only. No content or reference to a third-party article is intended to be a recommendation for the sale or investment in any product, strategy or service nor should it be perceived as individual advice. This commentary does not necessarily reflect the opinions of all employees or XML Financial Group and its affiliates (“XML”). XML is not responsible for any actions taken related to this information.
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