Now it’s merely the third worst.
Great news for the bitcoin faithful. The crypto-currency, which crashed after reaching highs of over $1,100 late last year, is no longer the absolute worst thing you could have bought this year. Now it’s merely the third worst.
The worst thing you could have done with your money so far in 2014 is invest it in iron ore. Prices for the steel ingredient have collapsed amid sluggish demand from China’s industrial sector. Likewise other industrial ingredients like lead, coal and copper have also tumbled.
Rounding out the list of the worst performers this year is the Argentine peso, which tumbled after the government stopped propping it up earlier this year. Japan’s Nikkei 225 has also had a disappointing 2014, as investor confidence in the new economic program known as Abenomics has ebbed away.