Cryptocurrencies such as bitcoin are new but their risks are not, so the same breakdown between risk and reward that could plague any investor still apply.
While the coronavirus pandemic may delay Gen Z’s entry into the workforce, making smart choices with money now can help these graduates hit the ground running once things get back normal.
It "isn't in some fancy investing tactic, hot stock tip, or obscure cryptocurrency," says Douglas Boneparth, CFP, a financial advisor for more than 20 years.