If you’re hoping to become a millionaire, investing in a speculative cryptocurrency like Shiba Inu (CRYPTO: SHIB) might seem like a fast-track way to get there. The meme-based cryptocurrency was created in response to another virtual coin developed based on a meme called Dogecoin . Interest in it has surged this year, sending prices skyrocketing. And since a lot of people have very publicly made money in SHIB , you may be tempted to try to buy into it to get rich, as well. The reality, however, is there’s a much more reliable path to amassing a million-dollar nest egg by investing. Here’s what it is. Image source: Getty Images. If you’re looking to reach millionaire status, this is a better bet If you want your best chance at becoming a millionaire, you’re far better off putting your money into an S&P 500 index fund than investing in Shiba Inu. And there’s a simple reason for that. The S&P 500<\/p>\n","protected":false},"excerpt":{"rendered":"
The meme-based cryptocurrency may not be your best path to riches.<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,24],"tags":[54,27,29,28],"class_list":["post-196488","post","type-post","status-publish","format-standard","hentry","category-news","category-stocks","tag-crypto","tag-economy","tag-markets","tag-stocks"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/196488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=196488"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/196488\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=196488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=196488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=196488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}