Eyeing off Bitcoin? These alternatives are worth considering – The New Daily
Hugh Robertson spoke with Euan Black, Finance Editor from The New Daily discussing and sharing some knowledge on Bitcoin and what alternatives are worth considering when it comes to investing.
Euan from The New Daily has asked the question, would people plough so much money into Bitcoin if they knew they could find decent returns from less volatile investments?
Excerpt below
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Centaur Financial Services managing director Hugh Robertson says anyone hoping to build an investment portfolio should begin by working out their financial goals.
“The risk with investing in diversified portfolios is more defined as volatility,” Mr Robertson said.
“So, usually, over the long run, you tend not to lose money in a diversified portfolio … but it is going to be a bumpy road.”
Where to start you ask…
Mr Robertson said a good place to compare the investment funds available to you is Morningstar’s website.
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