Introducing my Parents into Investing their money.

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At the start of August I invested all my money into bitcoin. I'm 18 so it wasn't very much. as of right now currently up about 120% from my original investment. Still Live with my dad and I told him about it. He wants to invest his money into bitcoin too. He's in his 50s and I told him that investing it into something else would be more reliable. He only has a 401k provided by his employer, but his is very adamant about investing into Crypto. Should I get him more into Roth IRAs? Or let him start small on bitcoin? or Both? would it be more risky now to invest into bitcoin?

TL;DR

my dad wants to start investing. Roth IRA, Crypto, Or SnP500?

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LimeSqueez

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Posted: 3 years ago
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