Alternative Investment: What Are the Risks of Investing in Bitcoin?
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Bitcoin has suddenly come under the limelight. Some are criticizing it for the lack of regulation and the unprecedented growth. Warren Buffett even went ahead and called it a gambling device. But is Bitcoin a gamble or a form of investment? For this, you need to understand the nature of alternative investments. It is not every day you hear about alternative investments because it is not a conventional investment, like a stock or a bond. But it has its pros and cons, and ETF houses are bringing these alternatives to a retail investor.
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The Globe and Mail JOEL SCHLESINGER Published January 19, 2021 Bookmark
Gold was the bright, shiny object of 2020, attracting haven-seeking investors as the pandemic weighed on global economies and markets. While gold has pulled back from its record highs in August, many investors are hanging onto their holdings as insurance against continuing market volatility and the threat of rising inflation.
ETFs that hold physical gold and the miners that explore and produce it are considered the easiest, low-cost and most diversified way to play the commodity to help protect against adverse, unexpected economic events such as a pandemic, says David Kletz, portfolio manager at Forstrong Global Asset Management.