Have you been waiting to get started in investing because you think it’s confusing? Do you think that too much money is required to start, or financial advisors are too expensive? It doesn’t have to be that way. A new investment method called robo advisors has been changing the financial landscape recently. And, it’s something that you may want to consider. What Is A Robo Advisor? A robo advisor is an online wealth management service that provides automated, algorithm-based investment portfolio management advice without the use of … [Read more...] about The Pros and Cons of Using Robo Advisors to Invest
When it comes to fintech and the countless investment options available to consumers today, choosing the best platforms for your portfolio can be quite challenging. Since there are so many different possibilities, it typically comes down to two main factors, potential for higher gains and low-cost trades. You Invest from J.P. Morgan, also referred to as Chase You Invest in some circles, offers the best of all worlds by minimizing fees and maximizing value for consumers. Some sources have proclaimed that Chase You Invest is the perfect … [Read more...] about Chase You Invest Review: Low Fees No Minimums
How would you rate your ability to create and stick to a budget consistently? Are you generally good about living below your means, or are you currently living paycheck-to-paycheck? For people who struggle with saving money, there’s a great new budgeting program designed just for you. called Stratus. This awesome website was founded on the principles that high-quality financial advice shouldn’t be limited to the ultra-wealthy. Stratus believes that individuals and families deserve the same level of personalized advice and attention as folks … [Read more...] about Stratus Review A Free Money Management Platform
The student loan debt bubble recently approached the $1.5 trillion mark, with few signs of slowing down. This problem isn’t isolated to recent college grads and 30-somethings, either. Parents and grandparents are on the hook for millions of loans both as current and former students themselves or co-signers of loans. Even more alarming is the fact that 40% of the 65+ year-old borrowers or co-signers are in default on their loans. The personal and societal consequences student loan debt, combined with the problem of people not saving enough … [Read more...] about Should You Save For a House or Save For Retirement When You Have Student Loans?
American Depositary Receipts (ADRs) are stock in foreign companies that are traded in the U.S., just as you would buy and sell stock in America, and are valued in U.S. currency, thereby also paying money in U.S. dollars. American Depositary Receipts represent the acquisition of American Depository Shares, otherwise known as ADSs. Both ADR and ADS are often used interchangeably. What Are American Depositary Receipts? An ADS shows that you own a piece of equity in a company outside the U.S. Therefore, the certificate supplies individuals in the … [Read more...] about What Are American Depositary Receipts?
**This post contains affiliate links and I will be compensated if you make a purchase after clicking on my links. There are plenty of personal finance apps and browser extensions designed to help consumers save more money. However, few apps have the seamless user experience and popularity of Drop. Drop is a free savings app with more than one million users who have earned over one billion points and redeemed over $3 million worth of rewards. This flexible, intelligent mobile app functions as a consumer’s wallet-saver. By linking your credit or … [Read more...] about Drop App Review – Earn Cash Back on Your Everyday Purchases