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Who knows what it will be worth next year – or next week.
The ups and downs of bitcoin have amazed investors. Back on April 1, 2017, one bitcoin was valued at $1,089.51. Five months later, the price had risen to $4,950.72. On December 16, the price hit a historic peak at $19,343.04.1
Are you upset by what is happening on Wall Street? It may help to see this pullback within a big-picture context. Corrections have become so rare as of late that when one occurs, emotion threatens to influence investment decisions.
What will the near-term impact be?
Have you been affected? If so, how can you try to protect yourself?
On September 7, credit reporting agency Equifax dropped a consumer bombshell. It revealed that cybercriminals had gained access to the personal information of as many as 143 million American between May & July – about 44% of the U.S population. The culprits were able to retrieve roughly 209,000 credit card numbers, in addition to many Social Security and driver’s license numbers. 1
We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives. Securities and Advisory Services offered through The Strategic Financial Alliance, Inc., Member FINRA, SIPC, which is otherwise unaffiliated with Frank Reynolds & Company. Supervisory office 678-954-4000.
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