TL;DR —
U.S. stocks suffered worst single-day losses since 2008 financial crisis. Bitcoin, real estate, commodities, and hedge funds provide a cushion to investors in times when traditional assets are in turmoil. Diversification means investing in uncorrelated assets not correlated to one another. Alternative investments provide a hedge against inflation, preserving long-term wealth, says Nick Hill. Hill: These unpredictable “black swan’s” events are rare and devastating, sure, but they are to be expected.
[story continues]
Written by
@nick-hill
Vice President of Business Development at Invictus Capital
Topics and
tags
tags
coronavirus|coronageddon|facemask|finance|oil|bitcoin-bloodbath|bitcoin|investing
This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: parbGkUUBcVU33VLfVGVyEWfH6p2cEu-J529A3fP_-4
