âś…The Tropic of Capricorn is one of the five major circles of latitude (imaginary lines around the Earth) that are often marked on maps of the Earth.
âś…The 23.5 degrees south latitude in the Southern Hemisphere is known as Tropic of Capricorn.
✅ The Tropic of Capricorn’s position is not fixed, but constantly changes because of a slight wobble in the Earth’s longitudinal alignment relative to its orbit around the Sun Its latitude is currently 23°26′11.7″ (or 23.43659°) south of the Equator
âś…Tropic of Capricorn passes through 10 countries, 3 continents and 3 water bodies.
âś…The Tropic of Capricorn is one of the five major circles of latitude (imaginary lines around the Earth) that are often marked on maps of the Earth.
âś…The 23.5 degrees south latitude in the Southern Hemisphere is known as Tropic of Capricorn.
✅ The Tropic of Capricorn’s position is not fixed, but constantly changes because of a slight wobble in the Earth’s longitudinal alignment relative to its orbit around the Sun Its latitude is currently 23°26′11.7″ (or 23.43659°) south of the Equator
âś…Tropic of Capricorn passes through 10 countries, 3 continents and 3 water bodies.
Importantly, that investor viewpoint is not new. It cycles in when conditions are right (and vice versa). It also brings the ineffective warnings of an overpriced market with it.Looking toward a good 2022 stock market, there is no apparent reason to expect these issues to change.
Should You Buy Bitcoin?
In general, many financial experts support their clients’ desire to buy cryptocurrency, but they don’t recommend it unless clients express interest. “The biggest concern for us is if someone wants to invest in crypto and the investment they choose doesn’t do well, and then all of a sudden they can’t send their kids to college,” says Ian Harvey, a certified financial planner (CFP) in New York City. “Then it wasn’t worth the risk.” The speculative nature of cryptocurrency leads some planners to recommend it for clients’ “side” investments. “Some call it a Vegas account,” says Scott Hammel, a CFP in Dallas. “Let’s keep this away from our real long-term perspective, make sure it doesn’t become too large a portion of your portfolio.” In a very real sense, Bitcoin is like a single stock, and advisors wouldn’t recommend putting a sizable part of your portfolio into any one company. At most, planners suggest putting no more than 1% to 10% into Bitcoin if you’re passionate about it. “If it was one stock, you would never allocate any significant portion of your portfolio to it,” Hammel says.
