How do you think the trade war will play out?https://t.co/KjuNnuZfwF#TradeWar #NASDAQ #SP500 #Assets #Retirement #Commodity #Money #Investing #Commodities #Resources #Opportunity #Economy #Trading #Stocks #StockMarket #CMT #BanyanHill pic.twitter.com/5iI4PI7wTP
— Ian King (@IanKingGuru) June 21, 2018
Americans are used to being inundated with news about the stock market. The rises and falls of the market are the background noise to our lives. To anyone unfamiliar with global finance, it would seem that stocks are the only route to a successful investment strategy. Entrepreneur and cryptocurrency guru Ian King thinks this focus belies the opportunities and transformations happening elsewhere in the financial world. He points to two rising trends, in particular: the bond market and, of course, the nascent but potent crypto-markets. Follow Ian King on Medium.com.
Bonds aren’t anything new, but Ian King thinks the trend away from volatile stocks into the more stable world of bonds is. Despite leading the pack over the past several decades, stocks, now under pressure from rising Federal Reserve rates, may be falling out of favor. The yield rates for two-, five-, and ten-year bonds are up by double and triple digits, year on year. With those rates on the increase, and the stock market as volatile as ever, bonds are starting to look like a valuable option for investors.
Cryptocurrencies, as the newest kids on the block, may not have the reputation for stability of bonds but that clearly is not deterring investors. Cryptocurrencies, still in their infancy, are increasingly attractive to investors just starting out. They are an easy, cheap way for would-be investors to get their toes wet. There are few barriers to entry in this field. Ian King sees the revolutionary nature of the cryptos as having a democratizing effect not only on the larger financial system, removing the banking middle-man from financial transactions, but also making start-up investments accessible to a wide audience. With a very low initial investment, crypto-investors can find themselves with an ownership stake in a new corporation. That has the potential to be very lucrative, and, if it doesn’t work out, there isn’t as much to lose.
Ian King has been involved in the financial markets for more than two decades and has taken a keen interest in the rise of the so-called cryptos. He currently works as Banyan Hill Publishing’s cryptocurrency expert and authors his own newsletter Crypto Profit Trader.