September 30, 2022

NFT’s, which stands for “non-fungible tokens”, are cryptographic digital assets that exist on a blockchain with unique identification codes and metadata that distinguish each from all others. Unlike cryptocurrencies, like Bitcoin, that are identical and, therefore, can serve as a medium for transactions, NFTs are unique and intended to represent some real-world asset like a work of art, music, photos, etc.
Cory McPherson is a financial planner and advisor, and President and CEO for ProActive Capital Management, Inc. He is a graduate of Kansas State University with a Bachelor of Science in Business Finance. Cory received his Retirement Income Certified Professional (RICP®) designation from The American College of Financial Services in 2017.
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The information or position herein may change from time to time without notice, and PCM has no obligation to update this material. The information herein has been provided for illustrative and informational purposes only and is not intended to serve as investment advice or as a recommendation for the purchase or sale of any security. The information herein is not specific to any individual's personal circumstances.
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All investments involve risk, including loss of principal invested. Past performance does not guarantee future performance. This commentary is prepared only for clients whose accounts are managed by our tactical management team at PCM. No strategy can guarantee a profit.
All investment strategies involve risk, including the risk of principal loss.
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