Tag: speculation

The Real Winners In Online Betting Markets

Let’s start with the disclosure: I enjoy betting—though I’m too frugal to ever risk more than maybe 20 bucks. Recently I’ve wagered on World Cup soccer games, and I’ve admitted in previous columns to betting on political races. To me, calculating the odds and...

Declining Dollar? Don’t Let Fear Drive High-Risk Investment Choices

Why doesn’t a dollar go as far as it used to? Inflation is one long-standing factor. Tariffs currently are another. A third, quieter cause is the U.S. dollar losing ground against other major currencies. This decline is happening largely in the background. It shows up...

Cryptocurrency Isn’t Money—It’s Something Much Bigger

Is cryptocurrency really money? For years, I thought of cryptocurrency as a digital replacement for traditional money. After all, Bitcoin has “coin” right in the name. But let’s be honest: if Bitcoin is a currency, then my mother’s old Beanie Baby...

Betting on Political Races: My Penny-Ante Hobby May Soon Be Banned

Four years ago I confessed in a column that I was guilty of day trading. Except that, as a political junkie, I trade in election outcomes, not stocks. I have no interest in betting on anything else, including sports and equity markets. My speculative adventures have...

Is Bitcoin an Investment? New ETFs Still Risky

If you’re looking for a heart-pounding rollercoaster ride into the uncharted territory of financial wild things, forget boring old S&P 500 returns. Look no further than the shiny new Bitcoin ETFs hitting the market. Or not. You may have seen ads for the...