Exchange traded funds have grown substantially in popularity over the past 10 years. By the end of 2018, there were 1,988 different offerings totaling $3.4
The first official currency issued by a government was a coin minted in ancient Lydia around 600 BCE. It took about 1,700 years for the first sovereign paper money to emerge in China. Since that time, hundreds of different currencies have appeared.
Given the enormous federal debt and trillion dollar deficits, one might expect the value of the dollar to decline. Instead, we have seen the opposite.
All investments involve some degree of risk. The key to success is taking action to understand it and to find the level with which you are comfortable. This is easier said than done, and many investors learn too late that their appetite for risk is actually lower than their allocation reflects.