Opinion: What’s a better investment? Bitcoin or a Roth IRA?

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OPINION: A Roth IRA won’t dazzle your friends or give you bragging rights or make you a quick millionaire. But it may be a better investment vehicle than crypto, Paul A. Merriman writes.

More and more these days, I’m getting questions — mostly from young people — about investing in bitcoin and similar products.

I knew what to do: I took all that money and reinvested in another contract. And quickly lost it all. In the process, I learned a more valuable lesson about how investing really works: Losses can come as quickly and easily as profits. The two investors I spoke to each seemed to want to show Wall Street how investing should really work. I recognized that feeling.Bitcoin, dogecoin and many other varieties of digital currencies don’t have any long-term histories. They aren’t regulated. They aren’t legal tender. Their value is determined purely by supply and demand.

When you examine the U.S. small-cap value stock index back to 1928, you will find that the average 40-year compound return was 16.2%.

 

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BBto 1000

coreywadfafa I'm not doing that bad after all 😂

nice

Why not use the tax advantages of an IRA with the power of crypto?

A bull trap! Buy GOLD

Lol

bitcoin is not an investment. its speculation at best.

What if I told you… I have crypto in my Roth.

The article's title is perpetuating a misconception. A Roth IRA is not an investment. It is a type of account for holding investments. Actually, you can hold cryptocurrency inside of your Roth IRA if you want to. More info:

Lol please

Hex did 1000x in 500 days . Has the Roth done a 1000x in its entirety?

thanks

Lmfaooooo enjoy 7% returns boomer

Yeah I'm sure the people who got into Bitcoin at sub 1k are pissed they didn't put it into a Roth 🙄😂

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