This information is provided for informational purposes only. It should not be construed as a recommendation or personalized investment advice. The investment strategies discussed here may not suit everyone. Before making any investment decision, every investor should review the investment strategy to suit his or her particular situation.

All opinions may be modified without notice to reflect changing market or economic conditions. Data herein is sourced from reliable sources. However, it cannot be guaranteed as to its accuracy, completeness, or reliability.

Past performance is not a guarantee of future results, and the opinions expressed cannot be considered an indicator of future performance.

Investing involves risk.
cryptography

Digital currencies, such as Bitcoin, are highly volatile and not backed by any central bank or government. Digital currencies lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have. Investors should consider Bitcoin a speculative instrument due to its high risk.

Currencies are speculative and highly volatile. They are therefore not suitable for all investors.

Futures trading involves a high level of risk and is not suitable for all investors. Futures trading requires certain requirements.

This information is not intended to replace specific tax, legal, and investment planning advice. Schwab recommends seeking advice from a qualified tax advisor.