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In September 1992, band Pearl Jam threw a free concert in Seattle's Magnusson Park with more than 70,000 in attendance.

During the show, lead singer Eddie Vedder performed a death-defying feat. He climbed the stage scaffolding with 100 feet of microphone cable trailing behind him, looped it over the top, rappelled down, and swung out over the audience.

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Face the Nation
In September 1992, band Pearl Jam threw a free concert in Seattle's Magnusson Park with more than 70,000 in attendance.

During the show, lead singer Eddie Vedder performed a death-defying feat. He climbed the stage scaffolding with 100 feet of microphone cable trailing behind him, looped it over the top, rappelled down, and swung out over the audience.

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Should You Buy Bitcoin?

In general, many financial experts support their clients’ desire to buy cryptocurrency, but they don’t recommend it unless clients express interest. “The biggest concern for us is if someone wants to invest in crypto and the investment they choose doesn’t do well, and then all of a sudden they can’t send their kids to college,” says Ian Harvey, a certified financial planner (CFP) in New York City. “Then it wasn’t worth the risk.” The speculative nature of cryptocurrency leads some planners to recommend it for clients’ “side” investments. “Some call it a Vegas account,” says Scott Hammel, a CFP in Dallas. “Let’s keep this away from our real long-term perspective, make sure it doesn’t become too large a portion of your portfolio.” In a very real sense, Bitcoin is like a single stock, and advisors wouldn’t recommend putting a sizable part of your portfolio into any one company. At most, planners suggest putting no more than 1% to 10% into Bitcoin if you’re passionate about it. “If it was one stock, you would never allocate any significant portion of your portfolio to it,” Hammel says.

In September 1992

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