Altcoins vs. bitcoin: What to consider while building your crypto portfolio + MORE Oct 20th

I thought initially this new rule sounded familiar: Back in 1998, another actuary, Malcolm Hamilton wrote the foreword for my co-authored book, The Wealthy Boomer, which talked about the Rule of 40, as it applied to mutual fund fees. The Rule of 30, however, is quite different. 

In a nutshell, the 30 idea is a rule of thumb financial planners can use to guestimate how much young couples starting off on their financial journeys need to save for retirement. Rather than state something like save 10%, 12% or 15% of your gross (pre-tax) income each and every year, The Rule of 30 views retirement saving as occurring in tandem with daycare and mortgage repayment. 

From the get-go, Vettese suggests young couples allocate 30% of their gross or after-tax income to those three major expenses: Retirement savings, daycare costs and mortgage payments…

As the concept of digital currencies works itself deeper into the mainstream, the conversation has evolved to an “altcoins versus bitcoin” debate and what to consider while building a crypto portfolio.

The cryptoverse is teeming with thousands of different digital coins, and new ones continue to roll off the assembly line. For the average investor, deciding which cryptocurrencies to pick could be tricky, and the intricacies are hard to grasp. On one end of the spectrum are blue-chip coins including bitcoin, ethereum and cardano. On the other end are the lesser-known coins of questionable utility and provenance, including meme cryptos such as dogecoin.

To help you make sense of these digital assets, MoneySense spoke to crypto experts about what to look for when building your portfolio…