Financial Planning Association: Investors can benefit from small portion of bitcoins in portfolio
The Financial Planning Association has published a report assessing the characteristics of Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term and its risk-reward profile as an investment. It concludes that "individual investors can benefit from holding a small amount of bitcoins in a diversified portfolio."
The Financial Planning Association was formed when the Certified Financial Planners (CFP) and the International Association for Financial Planners merged in 2000. The body serves the interests of the financial planning industry and its practitioners.
The report is authored by Chen Y. Wu, Ph.D.; and Vivek K. Pandey, DBA, CFA, FRM.
After introducing Bitcoin, the report's main component delves into a statistical analysis of random trials to show that Bitcoin is beneficial for a portfolio. The data shows that returns are higher, and risk lower, in a portfolio including bitcoins.
Central to the argument were Bitcoin's past and forecast performance. Significantly, the trials were conducted during the period from July 2010 to December 2013. Bitcoin's actual returns were, on average, overwhelmingly positive (even relative to other appreciating asset classes) between any arbitrarily chosen start and end dates during this period.
It follows that had the simulations taken place between January and September of 2014, or based on a random simulation of performance after today, that the conclusions would have been different.
The Financial Planning Association has published a report assessing the characteristics of Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term and its risk-reward profile as an investment. It concludes that "individual investors can benefit from holding a small amount of bitcoins in a diversified portfolio."
The Financial Planning Association was formed when the Certified Financial Planners (CFP) and the International Association for Financial Planners merged in 2000. The body serves the interests of the financial planning industry and its practitioners.
The report is authored by Chen Y. Wu, Ph.D.; and Vivek K. Pandey, DBA, CFA, FRM.
After introducing Bitcoin, the report's main component delves into a statistical analysis of random trials to show that Bitcoin is beneficial for a portfolio. The data shows that returns are higher, and risk lower, in a portfolio including bitcoins.
Central to the argument were Bitcoin's past and forecast performance. Significantly, the trials were conducted during the period from July 2010 to December 2013. Bitcoin's actual returns were, on average, overwhelmingly positive (even relative to other appreciating asset classes) between any arbitrarily chosen start and end dates during this period.
It follows that had the simulations taken place between January and September of 2014, or based on a random simulation of performance after today, that the conclusions would have been different.