Not exact matches
It's not always — sometimes you have a fund with
safe underlying investment — but I don't know how you lump all the funds together and put them
into a target - date fund or include it as an
asset class in a typical portfolio.
There is no clear - cut evidence that the growth in the crypto - currency market has led to stagnation in the prices of precious metals, but looking at the investments pouring
into cryptos, especially the heavyweights, one can assume that digital currencies have billed themselves as a
safe haven for investors to park their funds, thereby replacing gold, which for decades has been the go - to
asset class.
To offset this, I strongly encourage a minimum of 2 years living expenses be transferred
into a
safe and liquid
asset class (e.g., money market fund) prior to retirement.
Juicy Excerpt: I think that the biggest cause of the problem is an unfortunate marketing reality: there's generally more money to be made selling stocks than there is to be made selling the
safe asset classes that investors should be buying
into when stock prices...
In the long - term, as cryptocurrencies mature and evolve
into a major
asset class, Pandl noted that digital currencies like bitcoin will pose lower returns but demonstrate a high level of stability, like gold and other
safe haven
assets.
In this environment, paying a premium for a
class - A office building in Manhattan, which most people would consider a
safe asset, would appear more attractive than putting money
into government bonds and earning a return of less than 2 percent, Cooper says.