Over the past few years, fintech has transformed the finance industry as we once knew it. Historically, only the most experienced financial advisors were worth getting investment advice from. Nowadays, finance researchers and even computer algorithms are viewed as some of the best sources of credible financial advice for novice and seasoned investors alike. Some of the greatest fintech developments in recent years have been robo advisors and peer-to-peer lending platforms. Robo advisors are computer algorithms designed to optimize customers’ … [Read more...] about What Is a Hybrid Robo Advisor? And Why You Should Invest with One
The following is a guest post by Larry Swedroe, co-author of "". If you'd like to contribute a guest post to Money Q&A, check out our guest posting guidelines.
Warren Buffett famously once said, “Success in investing doesn’t correlate with IQ. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people in trouble investing.”
Temperament trumps intellect because having the right temperament allows you to ignore the “noise” of the market and be a patient, disciplined investor, … [Read more...] about
In conjunction with present-day debates about pressing issues like climate change, unfair labor practices, green energy, and skyrocketing obesity rates, investors are becoming more aware of the roles their money could play in perpetuating societal ills. This has led to the rapid expansion of socially responsible investing (SRI). SRI allows investors to exclude certain types of companies or industries from their investment portfolios based on their own moral values. This sounds like a great idea…in theory. In practice, SRI is much more … [Read more...] about Why Socially Responsible Investing May Not Be Great for Your Investment Returns
If you’re looking for simple ways to make money, then investing small amounts into a growth-driven portfolio is one of the best ways to plant the seeds for a successful financial future. This is the key factor behind the personal finance app, Acorns, which is designed to round up any purchases made with your synced cards and deposit that spare change into an investment portfolio. Here is our Acorns review. Acorns Review Whether you’re just getting started in investing or you’ve been looking for new ways to invest beyond your traditional … [Read more...] about Acorns Review – Invest Your Spare Change Automatically
There are so many different investment choices out there nowadays. Having to pick just a couple accounts to meet your investment income and retirement planning goals can seem like a daunting decision. However, you can’t go wrong with low-cost, reputable investment companies, especially when it comes to index products like ETFs or index funds like the new Fidelity zero fee index funds. If you want to follow Warren Buffett’s advice about index funds being the best types of investments, then Fidelity’s newest zero-fee index funds are the way to … [Read more...] about Should You Invest in Fidelity’s No-Fee Index Fund?
One of the most important factors in personal financial management is transparency. But, many people believe financial products and services are anything but transparent. That’s why Clarity Money was founded, in order to develop truly transparent solutions to wasteful spending, limited savings, and complex budgeting practices. Through the power of artificial intelligence, Clarity Money incorporates natural language processing, anomaly detection, and spectral analysis to help its over 1.5 million users save money. Even if you already … [Read more...] about Review of Clarity Money App – Get Clear on You’re Spending Money