Better Buy: Dogecoin vs. the Entire S&P 500?
If you have any interest in the financial world, you've heard a lot about Dogecoin (CRYPTO: DOGE) lately. The cryptocurrency that began as a joke between two software engineers back in 2013 has taken on a life of its own.
Today, stories of Dogecoin millionaires have hit the news. And earlier this month, the cryptocurrency's trailing-six-month returns topped 27,000%. Dogecoin has captured the attention of big names including Tesla CEO Elon Musk, and retail investors are excited about "the people's crypto" for the perceived benefits it provides, including transaction fees that may beat out Bitcoin's.
But while Dogecoin may sound like it's got a lot going for it, there's a much better investment out there: The S&P 500 index.
Source Fool.com
