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University

Professors

Finance and economics professors from a large selection of schools including: Harvard, Penn, Stanford, MIT and many more

Wall Street

Pros 

Retired hedge fund managers, mutual fund managers, financial planners and analysts with an average of 35 years of experience

Securities fraud

attorneys

Attorneys who specialize in cases related to securities fraud, investment fraud, and investment professional misconduct

Government 

regulators

Current and retired staff from government agencies such as the SEC, FINRA, CFPB and others

January 15, 2019

Thanks for submitting a question. 

All answers are provided by Trusted Wealth's unbiased expert panel.

Do you own any Bitcoin or cryptocurrency of any kind?

NO

96 %

Why

"There's no social utility to it beyond money laundering"

"It's a gambling device with zero regulation at this time"

"Consumers can use credit and debit cards to purchase bitcoin. This will not end well."

"There are no market safeguards in place to stop a crash."

more

YES

4%

Why

"Purchased as an experiment. Took over two months to sell   Very unstable process. No plans to purchase again"

Do you currently own any gold as an investment?

NO

88 %

Why

"Gold crashed in the 2008 financial crisis along with everything else. It lost about three-quarters of its purchasing value during the 1980s and 1990s.

"Over the last 20 years Gold has underperformed stocks. "

"It's an unproductive asset"

"There are better places to invest for the long term."

more

Why

"I own a few gold kruger rands that were part of an inheritance from a family member. I've kept them largely for sentimental reasons. I have not plan to purchase any more."

"I own some as a hedge against inflation. It represents less than 3% of my personal wealth."

YES

12 %

Have you ever invested in a startup business directly or through a crowdfunding website?

NO

80 %

Why

"Extremely risky. The majority of startups fail."

"Large, sophisticated venture capital investors gobble up the best businesses worth investing in."
"You're money remains locked up for long periods of time and the majority of small startup businesses fail." 

more

YES

20 %

Why?  Did you make money?

"Poor decision on my part. I never saw that money again."