Dan Kemp, chief investment officer of Morningstar Investment Management, which manages $260 billion in assets, claims that the time is right for millennials and millennials to move away from cryptocurrencies. It also highlights 6 assets to invest in cryptocoin.com We are citing Kemp’s interview…
Advice to crypto investors from Dan Kemp
“The new group of investors is likely to hold a very large portion of their holdings in crypto, and they will see significant gains from that,” Kemp said. But they’ve only invested in crypto, and as we’ve seen this year, there is a wide range of potential crypto implications. “Crypto won’t go up forever, so investors need to consider how exposed they are if it doesn’t.” Diversification can protect an individual investor’s portfolio from macroeconomic factors such as inflation.
Kemp acknowledged that persuading investors to move away from crypto is often a difficult task due to the strong emotional investment rating in this market. Kemp talked about “less trendy” markets, sectors, and asset classes that young investors can use to protect their crypto-heavy portfolios from a potential collapse. The six types of assets Kemp shared were UK stocks, Japanese stocks, Chinese stocks, financial stocks, energy stocks and bonds.
First, he argued that two developed markets outside the US – the UK and Japan – offer unrelated returns for crypto investors. Despite concerns surrounding Chinese property developer Evergrande’s debt defaults, Kemp said Morningstar is also bullish on China as emerging markets’ investment game. Kemp said finance and energy are two of the strongest capital sectors to target right now. Finally, Kemp recommended bonds that offer low percentage returns at low risk. He said young investors should particularly look to diversify fixed income if concerns about the stock market crash escalate.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.