Move Over, Bitcoin and Ethereum -- Make Way for Ripple
Traditionally, the stock market is the greatest creator of long-term wealth. Over time, stocks have returned an average of 7% annually, inclusive of dividend reinvestment and adjusted for inflation. We're talking about the potential to double your invested money about once a decade, which is actually pretty fantastic.
But cryptocurrencies like bitcoin and Ethereum have done a bit better than that. Since the year began, the aggregate value of all cryptocurrencies combined has risen from $17.7 billion to $244 billion as of Nov. 21. That's approaching a 1,300% increase in just under 11 months. It would have taken the stock market decades to deliver the sort of returns virtual currencies have yielded in less than a year.
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Source: Fool.com
American Express Co. Stock
Our community is currently high on American Express Co. with 27 Buy predictions and 6 Sell predictions.
As a result the target price of 242 € shows a slightly positive potential of 1.32% compared to the current price of 238.85 € for American Express Co..
