Non-fungible tokens or NFTs are the latest craze in the world of cryptocurrency, Ethereum and digital trading. I really thought we had reached peak insanity when Bitcoin prices hit $50,000 USD, but it looks like I was wrong again! Welcome to the nuthouse! If the crypto space wasn't confusing …
Alternative Investments
$140 Billion in Bitcoin are Lost at the Bottom of the Ocean Forever
Did you know as much as 20% of all Bitcoin are possibly lost forever? They're as good as gone. To the bottom of the ocean. Bitcoin is a hot topic these days and was the recent subject matter on an episode of the popular Canadian financial podcast, the FI Garage. I decided I would offer to …
GameStop / AMC / Dogecoin FOMO – How to Recognize Manias & Avoid Risk
Get Rich Quick or Die (Financially) Trying Manias come and go - usually quickly. This past week has seen the subreddit "WallStreetBets" come under the spotlight. This primarily resulted from a successfully organized (and rather unique) short squeeze opportunity on GameStop shares, a struggling …
10 Investment Alternatives to the Stock Market
It's truly unfortunate, but with the advent of COVID-19, many people have seen their overall net worth decline due to market sell-offs. Dividend investors, including retirees, have also seen a deterioration in their investment income as a result of dividend cuts, suspensions or cancellations. A …