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3 Fundamental Cryptos (for massive potential gains!!!) I buy Daily and Why I do it
I’ve tried investing in several different ways. I’ve tried timing markets. I’ve tried buying options before stock earning reports. I’ve tried technical analysis. I’ve tried newsletters and paid services. I’ve taken advice from friends (hint: it’s never worked). I’ve gone long and I’ve gone short.
As much as I would love to share a secret to make your portfolio explode, the only conclusion I have drawn is that my 401K has been the most consistent and best investment vehicle for me.
Why the 401K works for me
Not everyone has access to a 401K and you may not be familiar with one. The main tenets are that a certain amount of money gets taken directly from your paycheck and invested in different funds every time you get paid. Tax benefits aside, a 401K investor is continually investing in the market- in good times and in bad times.
Historically, the US stock market has gone in one direction- higher. So assuming that growth continues, having money spread around in the stock market is a good strategy for growing one’s net worth.
One rule of the 401K is that you can’t withdraw the funds until you are 59.5 years old, otherwise you will incur penalties that outweigh the benefits of using a 401K. Since I can’t…
