It’s a golden rule of investing, and the spread of COVID-19 illustrates its importance, especially as I don’t think markets are close to bottom yet.
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Investing is a good thing, gambling is a bad thing. I think it would be hard to argue with the claim that investing is, on the balance, a good thing. Investing is widely regarded as the engine that drives capitalism. It tends to put money in the hands of those with the most promising and productive uses for it, and drives the economy gradually.
Bitcoin is the leading cryptocurrency and is traded in a highly speculative and illiquid market, leaving it to sudden price swings.
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Investors may want to consider these top exchange-traded funds (ETFs) in 2020, based on their recent performance, their expense ratio, and the kind of exposure that they offer.
Andrew Goldman has been writing for over 20 years and investing for the past 10 years. He currently writes about personal finance and investing for Wealthsimple. Andrew's past work has been published in The New York Times Magazine, Bloomberg Businessweek, New York Magazine and Wired. Television.