11 Best Investments in 2022 Part 29_#shorts
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11 Best Investments in 2022 Part 29
These investments are:
1. High-yield savings accounts
2. Short-term certificates of deposit
3. Short-term government bond funds
4. Series I bonds
5. Short-term corporate bond funds
6. S&P 500 index funds
7. Dividend stock funds
8. Value stock funds
9. Nasdaq-100 index funds
10. Rental Housing/Real Estate
11. Cryptocurrency
#11 – Cryptocurrency part 3
Cryptocurrency was designed to serve as a decentralized medium of exchange, without the need for third-party intermediaries such as banks or government institutions like the Federal Reserve System. Cryptocurrencies use various timestamping mechanisms to avoid the need for financial authorities to timestamp transactions added by validators like miners.
The purpose of cryptocurrency is to fix all the problems with traditional banking. There is no limit to how much money you can send or receive using crypto. Since you're not using a bank, it's almost impossible to get into your account." Structures for peer-to-peer networking cut out the middleman, which makes transactions much cheaper, and always in your control, not someone else.
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