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Wealthsimple offers state-of-the-art technology, low fees and the kind of personalized, friendly service you might have not thought imaginable from a automated investing service — get started investing now. Luisa Rollenhagen is a journalist and investor who writes about financial planning for Wealthsimple. She is a past winner of the David James Burrell Prize for journalistic achievement and her work has been published in GQ Magazine and BuzzFeed. In Journalism at New York University and is now based in Berlin, Germany. We are taking new patients, so stop by and see a doctor today.
Why is crypto not a good investment?
1. Cryptocurrencies do not Generate Cash Flow. Traditional investors consider a cash outflow to be an investment if it generated future cash inflows without the need to sell the asset. For instance, if a person buys a home, they can generate cash flow in the form of rent without having to sell the underlying asset.