As we move through life, the importance of insurance as part of one’s long-term plan increases. That’s because insurance is all about providing a financial safety net that helps a person take care of themselves, as well as their loved ones when they need it the most.
That said, a retirement investment portfolio should include a diverse mix of assets.
Diversification traditionally has two benefits. It provides one’s portfolio with ‘non-correlated’ assets so that if some investments tank, others hold steady or even rise in value. It protects one from catastrophic loss if one of the investments implodes.
The real benefit of diversification with cryptocurrencies is to limit extreme outcomes. If one cryptocurrency fails and investment goes all the
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