Investing

10
Jul
Is Robinhood Gold Worth It?

Robinhood is a different type of brokerage. The technology-driven company cuts out overhead by eliminating storefront locations and full-service features, allowing customers to manage their stock portfolios with their phones. The end result is a useful stock trading app that provides all of the basics without any costly extras. While people can trade for free […]

Posted in: Investing,
13
Jun
How Much Money Do You Need to Live Off Interest?

This guide provides details on how much you need to live off interest alone when you’re ready to retire, including if you're planning to invest in the stock market as a way of doing so.

Posted in: Banking, Investing,
07
Jun
Vanguard vs Fidelity: Where to Stash Your Cash

Both Vanguard and Fidelity are online brokers that offer their own proprietary mutual funds. Although Fidelity is known for excelling in actively-managed funds, Vanguard is better known for passive investment funds.

Posted in: Investing,
Tags: ptype_comparison,
23
May
SoFi Invest vs Robinhood: Which Investing App is Better?

If you are new to investing and want automated guidance or access to financial advisors, SoFi is your best bet. If you prefer to go it alone and want to get into crypto and options trading, Robinhood is the clear winner.

Posted in: Investing,
Tags: ptype_comparison,
23
May
SoFi Invest vs Betterment: Which Robo Advisor is Best in 2019

In the world of robo advisors, both Betterment and SoFi Invest (formerly SoFi Wealth) are heavy hitters. Betterment has a longer track record and more features, but SoFi Invest has no fees, so deciding which is right for you may come down to your financial situation.

Posted in: Investing,
Tags: ptype_comparison,
22
May
SoFi Invest Review (Formerly SoFi Wealth)

SoFi Invest is a great low-cost option for millennials and new investors who are getting serious about investing for the first time. If you’re looking for more advanced account offerings or certain types of accounts, however, you may need to look elsewhere.

Posted in: Investing,
Tags: ptype_review,
16
May
Survey: Facebook-Created Cryptocurrency Would Bring in New Investors, Increase Marketplace Usage

In a survey on the heels of the Facebook-crypto news, LendEDU found that while only 7% of adult Americans have ever invested in virtual currency, 18% would be interested in investing in a cryptocurrency created by the social media giant.

Posted in: Investing, Reports,
13
May
Chris Costello Offers Insight on Robo-Advisors, Wealth Management, and blooom

According to Statista, robo-advisors are a growing trend in the wealth management space, accounting for over $980 billion in asset management as of 2019 – up from $240 billion in 2017. The same report shows that robo-users have increased by 250% in the same time frame. Today, many consumers can simply hop on the computer […]

Posted in: Investing, Personal Finance,
16
Apr
58% of Millennials Actively Saving For Retirement; Average of $26,475 Saved

LendEDU's newest millennial study also found that few millennials are investing outside of their retirement accounts, with only 35% of older millennials (33-38) playing the market. But, those that do still strongly prefer traditional advisors over robo-advisors.

Posted in: Investing, Reports,
02
Apr
Why Money Is Important

The importance of money is clear when you factor in the costs of necessities to sustain life. It can't buy happiness, but financial wellbeing is important if you want to provide for your family's basic needs.

Posted in: Investing, Personal Finance,