Sallie’s Opinion

Why trading crypto isn’t as sexy as you think

Crypto, right? You can’t read the financial pages without coming across something on the white-hot topic.

Or about the trading platform Robinhood. And people trading crypto on Robinhood. And the fact that 40% of Robinhood active women customers are crypto traders.

OK.

We’re all adults here, and it makes sense why crypto might have piqued your interest but let’s get a few things straight.

Let’s not confuse “trading” with “investing.”

When we talk about investing, we’re talking about buying a financial security, based on the underlying investment’s fundamentals, with the intention to hold that security for some meaningful period of time.

Why do we hold it? Because that’s what works in investing.

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A graduation cap and a stack of bills and coins. Illustration.

9 resources to help grads start planning for the future

Looking for graduation gift ideas or advice that’s actually useful? That’s where we come in. Ellevest’s money and career pros have put together a ton of resources for recent graduates on job searching, budgeting, paying off debt, and more.

CHECK IT OUT >

Physical Bitcoin against a pink and green background.

Cryptocurrency explained

Here’s what we think you should know about how crypto and blockchain work … and why it’s not part of your Ellevest investment portfolio.

5 new ways to work with a coach

Working with an Ellevest coach can be the superpower that helps kick your money and career goals into high gear.⁠

LET’S GO >

Short reads, big impact

•	“In December she worked until midnight. It was her birthday.” Wall Street’s work-til-you-drop culture isn’t, um, working anymore.
•	Surprise! New graduates are getting off job sites and actually … talking. No, for real — networking is in. Which is why you should grab a friend and sign up for our Career Q&A for Recent Grads. Not a recent grad? Give your networking skills a boost with our members-only 7-day email course. (Even for introverts.)
•	St. Vincent (aka Annie Clark) has a new record out May 14. Until then, she’s made this highly addictive playlist for Spotify that we can’t stop listening to. Also … that wig.
•	Celebrity divorce attorney Laura Wasser (who’s represented women like Kelly Clarkson, Kim Kardashian, and Angelina Jolie) will join CEO Sallie Krawcheck for an Instagram Live event this Thursday. They’ll be talking all things love, divorce, and money.

Are you new to investing? We make it easy to start.

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This week’s newsletter was brought to you while contemplating entering the bikepacking challenge, Yes, You! Forward it to your friends who want to get on two wheels and sleep outside come August.

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DISCLOSURES

All opinions and views expressed by Ellevest are current as of the date of this writing, for informational purposes only, and do not constitute or imply an endorsement of any third party’s products or services.

Information was obtained from third-party sources, which we believe to be reliable but not guaranteed for accuracy or completeness.

The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice.

The information provided does not take into account the specific objectives, financial situation, or particular needs of any specific person.

Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time.

Banking products and services are provided by Coastal Community Bank (“Coastal”), Member FDIC, pursuant to license by Mastercard International. Your Ellevest Spend and Ellevest Save Account deposits will be insured to the regulatory limits by the FDIC through Coastal Community Bank, Member FDIC.

Funds held in your Ellevest investment accounts are not FDIC insured, not guaranteed by Coastal, and may lose value. Ellevest does not guarantee investment performance.

Ellevest Membership fees are as follows: Ellevest Essential is $1 per month, Ellevest Plus is $5 per month, and Ellevest Executive is $9. Other fees as described in Ellevest’s Wrap Fee Program Brochure and the Ellevest Membership Terms and Conditions Agreement will continue to apply.

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What The Elle - What You Should Know About Crypto

Why trading crypto isn’t as sexy as you think

9 resources to help grads start planning for the future

Cryptocurrency explained

5 new ways to work with a coach

Short reads, big impact

Are you new to investing? We make it easy to start.

This week’s newsletter was brought to you while contemplating entering the bikepacking challenge, Yes, You! Forward it to your friends who want to get on two wheels and sleep outside come August.

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