- The values the company holds.
- The way in which it conducts business, and.
- The “footprint” it leaves on the world..
Socially responsible investing is a relatively new but fast-growing investment sector on Wall Street. This involves three things that are at least as important as the profitability of a company:
Robo advisors came onto the investment scene less than a decade ago, but you can already see the effects sweeping through the industry. For investors, robo advisors are changing your investment options, fees and how you interact with investment services. Here are five notable ways robo advisors are changing the industry.
There are all kinds of “alt” movements around. I googled the term “alt-retirement” and was surprised to find that it doesn’t exist. The closest references were to a couple of government programs under the title “alternative retirement plan” that apparently exist for state governments, as well as FICA (the Social Security and Medicare tax). But it seems like it’s high time to roll out the alt-retirement movement.
Robo advisors, or fully automated online investment platforms, are springing up quickly, appealing mainly to new and younger investors. But does that mean they’re right for every investor, in all circumstances? Are there times when you might be better off with a traditional investment advisor, rather than a robo advisor? Yes!
Pop quiz: What’s your credit score? If you’re like many Americans, your answer is probably “I dunno.” Surveys repeatedly show that when it comes to this three-digit indicator of your credit history, most of us are still clueless. Or — if we do know our score — we tend not to know how to interpret it.
With a plethora of financial tech (or “fintech”) services coming online, it can be hard to tell exactly what each app or platform does. Two of the most popular new fintech categories are robo advisors and microsavings. They arrived on the scene at about the same time and seem to perform similar functions. So what the heck is the difference?
In September 2017, smart beta exchange-traded funds made headlines by hitting record highs. While this was great news for investors in these ETFs, it might have left everyone else scratching their heads. After all, the definitions of “smart beta” we’ve seen online leave a lot to be desired when it comes to clarity. So let’s break it down for you and help you determine if you want to use the smart beta strategy in your own portfolio.
Unless you’ve been living under a rock, you’ve certainly heard about Bitcoin. But what exactly is this “cryptocurrency”? And is it worth the hype?
Do you really need an emergency fund? After all, don’t consistent investing, rising markets, expanded investment technology and ready access to credit lines make traditional savings unnecessary and even counterproductive?
401(k) loans have become a popular source of credit. They have interest rates that are almost always lower than the alternatives. Because they’re secured, you don’t run the risk of building up large amounts of unsecured debt. And if they’re offered by your employer, you can get them without even having to qualify based on your credit. The payments can be handled out of your paycheck so you hardly know that it’s happening. But the very simplicity of borrowing against your 401(k) plan covers up some hidden dangers that you need to be aware of if you’re considering taking out a 401(k) loan — even for a down payment on real estate.