In just over a decade, Bitcoin has grown a cult-like following and surged to impressive heights. Now the cryptocurrency of choice, its meteoric rise has been unlike any other commodity, resource or asset — and it has seen gains again in 2023. Bitcoin, the most well-known cryptocurrency, has paved the way for the growing cryptocurrency...
Tag: trading
Taxes on Cryptocurrencies
Cryptocurrencies have grown quickly from a niche technology with a tech-savvy user base to an entirely new asset class that has attracted attention from a broad range of individual investors, as well as mainstream institutions. You’ll often see cryptocurrencies criticized for being a speculative asset, yet studies show that emerging markets in Africa, South America...
Is Gold a Buy at US$2,000?
Gold pushed through the US$2,000 per ounce mark in late October, and there are indications it could move higher this year. Investors now find themselves in a world where the yellow metal is near all-time highs and spent a few days above the previously rare US$2,000 price point. Is gold too expensive to buy, or...
How Will the Israel-Hamas War Affect the Markets?
The escalating conflict between Israel and Hamas is already having global implications for diverse markets. Israel and Palestine’s longstanding struggle over the sacred ground that both peoples consider their homeland took its deadliest turn in decades when Palestinian terrorist group Hamas kicked off a multi-pronged invasion at dawn on October 7. The atrocities committed that...
What are Bonds?
Recent financial headlines about an inversion in the bond yield curve have sounded recession alarms. On a global scale, the value of the bond market is more than twice that of the stock market. Movements in the bond market, even more so than the stock market, can give investors a heads up that it’s time...
How to Invest in Gold
When thinking about gold, it’s easy to get caught up in its use as jewelry — and why not? Nearly half of all gold mined is used to make chains, rings and other adornments. However, gold can also be an important tool for investors, offering a kind of stability that many other assets cannot. Up...
5 Biggest Cannabis ETFs in 2023
Cannabis stocks are getting a lot of attention, but what about cannabis exchange-traded funds (ETFs)? Now that the cannabis industry is beginning to mature, these cannabis-focused investment vehicles have become a budding part of the overall market. Understandably, investors may have a few questions about what cannabis ETFs are on offer, what assets they hold...
5 Ways to Invest in the Accelerating Bitcoin Market (Updated 2023)
The Bitcoin versus gold debate is continuing as the cryptocurrency’s popularity remains strong, but savvy investors are recognizing that there are opportunities to capitalize on both markets. Both Bitcoin and gold have emerged as stores of value after market disruptions associated with COVID-19, the Russia-Ukraine war and fears of a global recession. Each has the...
How to Use Gold Investments as a Hedge (Updated 2023)
It can be tempting for investors to focus on specific assets, but those taking a long-term approach will want to diversify in order to balance out potential portfolio instability. Gold has a reputation for being a reliable diversifier because it can act as a hedge against various risks. But how does that work, and what’s...
What are Dividend Stocks? (Updated 2023)
Rising inflation has led central banks around the world, including the US Federal Reserve, to hike interest rates several times since early 2022, and the rate hikes have sparked fears of a recession emerging. Investors may be wondering where they can ride out a recession-induced stock market storm. It seems that during a recession, while...