Should You Add Crypto to Your 401(k)?

Derrick Alexander |
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Some investors see crypto as a way to offset stock market downturns, but that thesis may not be as reliable as they believe.

"Crypto hasn't yet proven itself as a non-correlated asset," Alexander says. "While some claim it's a hedge, we've consistently seen that when the broader market is down, crypto tends to follow suit." That means it doesn't currently offer the kind of diversification benefits investors would want in a balanced retirement portfolio, he adds.

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