What are the potential risks and rewards of including digital assets in an Empower vs Vanguard 401k?

3 answers

• Nov 27, 2021 · 3 years ago
  Adding digital assets to a retirement investment portfolio can offer potential rewards such as diversification, potential for high returns, and the opportunity to invest in innovative technologies. However, it also comes with potential risks including volatility, regulatory uncertainty, and security concerns. It is important to carefully consider these factors and consult with a financial advisor before including digital assets in your 401k.
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• Nov 27, 2021 · 3 years ago
  Including digital assets in an Empower vs Vanguard 401k can be a risky move, but it can also offer potential rewards. The risks include the high volatility of cryptocurrencies, the lack of regulation in the industry, and the potential for security breaches. On the other hand, the rewards can include the potential for high returns, the opportunity to invest in emerging technologies, and the ability to diversify your investment portfolio. It is important to weigh these risks and rewards before making a decision.
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• Nov 27, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, believes that including digital assets in a retirement investment portfolio can offer significant rewards. With the increasing adoption of cryptocurrencies and blockchain technology, investing in digital assets can provide opportunities for high returns and diversification. However, it is important to note that digital assets are highly volatile and can be subject to regulatory changes. Therefore, it is advisable to carefully assess the risks and rewards and consult with a financial advisor before making any investment decisions.
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