I am living with my ill father, and I am currently not working and looking for a job.
I’m feeling the FOMO with the stock and crypto markets roaring.
We’d all be rich beyond our wildest dreams, wondering why we bother with education or work.
I’m not saying those two things are comparable, but I am saying it’s a dangerous game to look back at lottery jackpots and wonder how life would be different if we only knew those five numbers in the Powerball.
There are no guarantees with crypto or the stock market, although the latter has shown to yield long-term returns over time, save for those bumps in the road along the way.
But most importantly, stay true to your own risk tolerance and your own values.
It’s not a good place to store your cash because of its extremely volatility — and, as we’ve seen with Musk’s touting of dogecoin, it is even influenced by the vagaries of celebrity.
And you are using yours take stock of your life and look after your sick father.
Post your questions, tell me what you want to know more about, or weigh in on the latest Moneyist columns.
By emailing your questions, you agree to having them published anonymously on MarketWatch.