INVPR037.docx
Do you prefer bricks and mortar investing or have you taken the plunge and had a dabble at cryptocurrency? This article explains both the pros and cons of investing into digital and physical assets and leaves the reader with an important message that diversification is key.
Not a day goes by where we don’t hear about bitcoin in the news or from a friend who has a hot tip on a new cryptocurrency. The past few years have seen an increase in the popularity of digital assets such as cryptocurrency and Non Fungible Tokens (NFTs). Direct shares and managed funds are also digital assets.
However, this does not diminish the value of physical assets such as property, gold and cash. There are certain societies in the world that accumulate gold because it is a status symbol. On the other hand, people in countries like Australia love to invest in property.
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