Financially Simple

In episode 362 of Financially Simple, Justin gets digital, giving an overview of Cryptocurrencies. In recent years we have seen the rise of digital currencies like BitCoin, but amidst all the noise, as people have rushed to embrace this new technology, few have stopped to understand it and ask whether or not cryptocurrencies are a legitimate investment opportunity. In this episode, Justin explains what cryptocurrencies are, how they work and provides some guidance on whether or not these digital coins are a good investment. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 00:52 - Should Business Owners Go "All In" On Cryptocurrency 02:50 - The Block-Chain 07:53 - Cryptocurrency 11:35 - What's the Fuss All About? 13:23 - Are Cryptocurrencies a Good Investment? 16:02 - If Not Now, When? 18:07 - Have An Investment Philosophy 22:45 - Diversification 24:45 - The 7 Basic Asset Classes 28:31 - So, Should You Invest? 29:24 - Summary