Young Money With Tracey Bissett

Are you betting on Bitcoin? Things are uncertain right now, and 2021 will stay this way for a while, but it’s still imperative that we focus on our financial health. In this episode, I’m discussing whether Bitcoin is an investment you may want to consider—or whether it’s a gamble you’ll want to avoid. Listen in as I share the basics of investing, speculating, and gambling, and where Bitcoin fits into this equation. I’ll also be sharing the three factors that determine whether you’re investing or speculating, and the three questions you should be asking yourself before making any kind of investment. “Risk and return go hand in hand in investing.” - Tracey Bissett This Week on Young Money: The basics of investing. What the riskiest investments typically are. The difference between investing, speculating, and gambling. What Bitcoin is. Three factors that determine investing vs. speculating. The three questions to ask yourself before making any kind of investment. Key takeaways: Focus on your goals.  Risk and