Investing

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,
14
Mar
Origin Investments Review: Invest in Real Estate

Origin Investments uses technology and crowdfunding to acquire and improve multi-family properties in large metropolitan areas. This allows individual investors to access real estate deals that previously would have been out of reach for many people.

Posted in: Investing,
Tags: ptype_review,
13
Mar
What You Need to Know About Modern Portfolio Theory

Modern portfolio theory can be extremely valuable for investors of any age who are developing a strategy for their portfolio. Its primary aim is to reduce risk through diversification.

Posted in: Investing,
07
Mar
Best Bitcoin Wallets: Online, Desktop, and Hardware Options

The best bitcoin wallets include Trezor, Electrum, Coinbase, Exodus, and Robinhood. This is based on user reviews and factors like fees and security.

Posted in: Investing,
Tags: ptype_cornerstone,
22
Jan
Virtual Currency Complaints Continue to Grow in CFPB’s Complaint Database

Since 2016, consumer complaints regarding virtual currency have increased by nearly 17,000%. LendEDU has analyzed these complaints to see what has changed over the past few years.

Posted in: Investing, Reports,
21
Jan
Pay Off Student Loan or Invest Calculator

Millions of people carry student loan debt with monthly payments and total outstanding balances ranging significantly from one borrower to the next. Repaying student loans, whether they are federal or private loans, is a common goal. However, most borrowers also have other financial objectives they want to achieve. Saving for a home purchase, investing for […]

Posted in: Investing, Student Loans,