Limit investments in cryptocurrencies with retirement funds

Cryptocurrencies are in the news again.

Fidelity Investments, the largest retirement plan provider in the United States, has announced that it will allow its investors to purchase Bitcoin for 401(k) plans.

Lots of people buy Bitcoin on the side, but should you invest in Bitcoin for your 401(k) plan?

Before you decide, ask yourself why you are considering doing it. Is it because Bitcoin is more exciting and fun than regularly investing in “boring” companies like AT&T, Microsoft, and McDonald’s?

I consider stocks to be safer and more reliable. But they don’t have as much upside potential as Bitcoin, do they? Well, let’s do the math.

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I plugged some numbers into the StockChoker.com calculator to see what $10,000 invested in these three companies is worth today.

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