SoFi Vice President John Foley: Real Risk in Losing Money in Crypto

Cryptocurrencies are on a rollercoaster ride. This week Bitcoin and Ethereum trading near their all time highs. SoFi Vice President and Certified Financial Planner John Foley warns investors to be careful with how much money they invest in this marketplace. Foley advises clients to not invest more money in cryptocurrency than they can afford to lose. Foley cautions people to make investments in cryptocurrency part of a balanced portfolio. "Fear of missing out should be fighting with a fear of losing money, " says Foley. Foley also recommends to diversity investments with several types of cryptocurrency.

More In Business

WSJ: Meta in Talks With Tencent to Sell Headsets In China

Facebook parent Meta is reportedly in talks with Tencent to sell its VR headset in China, according to The Wall Street Journal.

EPA Orders Norfolk Southern to Clean up Toxic Derailment

The U.S. Environmental Protection Agency ordered Norfolk Southern on Tuesday to pay for the cleanup of the East Palestine, Ohio train wreck and chemical release.

Stocks Drop Tuesday After Recent Rallies

Gene Goldman, chief investment officer with Cetera, joined Cheddar News to discuss Tuesday's market drop after recent rallies.

What to Know About Personal Loans

Vicki Gunvalson, president & founder of Coto Insurance & Financial Services and Debt.com spokesperson on personal loans, joined Cheddar News to provide some tips on what to know about personal loans.

Dog Apparel Brand K9wear Strikes Series A Partnership

James Straggas, CEO and founder of K9wear, joined Cheddar News to discuss the interchangeable dog harness brand's new partnership and the impact it will have on company operations.

Most Companies Want To Keep Four-Day Work Week

A study shows that most companies want to keep a four-day work week.

Walmart Q4 Tops Estimates But Gives Soft Outlook

Walmart reported fourth-quarter earnings that topped estimates but gave a gloomy outlook for its full year.

Nintendo Platforms Get 'Call of Duty' for 10 Years in 'Binding Contract' With Xbox

Microsoft has struck a deal with Nintendo to make 'Call of Duty' available across its platforms.

Meta Offers Subscription Service to Verify Accounts

Meta Offers Subscription Service to Verify Accounts

4-Day Workweek Trial: Shorter Hours, Happier Employees

A trial of a four-day workweek in Britain, billed as the world’s largest, has found that most employees are less stressed, burned out and have better work-life balance.

Load More