Cover art for podcast Money! with Stacy Johnson

Money! with Stacy Johnson

100 EpisodesProduced by MoneyTalksNews.comWebsite

Welcome to Stacy Johnson's "Money!" A podcast devoted to everything money: how to get it, how to grow it and how to keep it. From the creators of, a leading source of personal finance news and advice since 1991.


Is It Too Late to Buy Bitcoin?

magine you bought 100 shares of stock at $1 per share 10 years ago, back in 2011. And say your stock did exceedingly well, compounding at 20% per year. Result? Your $1,000 original investment would be worth $6,192; six times what you put in. Well done!

Now imagine that instead of stock, you'd put the same $1,000 into Bitcoin 10 years ago. What would that be worth today? As I write this, about $55 million.

That's right. One bitcoin went for as little as $1 back in 2011 and today (March 17, 2021) they're changing hands at more than $55,000. Bitcoin rose more than 200% per year, every year for the last 10. Ever heard of anything like that?

Me neither.

Depending on who you talk to, bitcoin is smoke and mirrors -- a complete hoax -- or it's an investment that's still in its infancy. Think today's price is insane? There are folks who think it will one day be worth more than $1 million.

So, what's an investor to do? Jump on board before the train completely leaves the station? Invest in other, less expensive crypto-currencies? Or should you simply run the other way?

That's what we're going to attempt to determine in this week's "Money!" podcast. 

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