Although robo-advice will contribute to financial inclusion and helps financially less literate households to be able to invest, it is still not a replacement for financial literacy. Investopedia defines rob o-advisers as digital platforms which provide automated, algorithm-driven financial planning services with little to no supervision. If this sounds too simple to be true, you share the views of Chris Sacca, a well-known American start-up investor, when he first heard about the first robo-advisor proposition from Betterment back in 2010. “I worry that it’s too simple,” Sacca said. “People don’t always trust it.” Understandably, the words simple and trust are not usually associated with investments because they have traditionally been complex and too hard to understand for the average person. Most investment products come with the risk of losing your money and many people may not fully understand what this entails. Back in 2008, a lot … [Read more...] about Stock picking robots are here, but are they outsmarting humans?
Best performing etfs 2017
When I was a grade-schooler back in the early 1980s, many a fall Sunday afternoon was spent in the den, staring at a large box with little blue-clad men running around on it. My dad would curse at Phil Simms and we’d shout a sadistic “Yes!” after Lawrence Taylor ground an opposing quarterback into the turf. So it was always big news when, once every year or so, my family scored tickets to a Giants game at the perennially sold-out Meadowlands in New Jersey, where the team played. If we could survive the sclerotic turnpike without succumbing to rage or boredom, the experience of being at the actual event, in the open air, surrounded by the awesome white noise of 80,000 cheering people, was electric. The modern American has been conditioned not only to tolerate but to seek distraction. But in many ways, it fell short of the living room. The repeated stops of play for commercial timeouts were far more boring and intrusive without actual commercials to watch, or the … [Read more...] about DT10: Sports. Fans and players compete for stardom in the stadiums of the future
Last year was a year for stock market record books as index fund buyers added 30% to their nest eggs while many skilled hedge fund managers underperformed. Oddly, many of the smartest investment advisors believe that despite the run up, selected equities still look attractive. Get In Stock Alerts on Twitter for SNES Classic, Switch and More T. Rowe Price’s Head of U.S. Equities John Linehan is taking a cautiously bullish approach: “Moving forward, U.S. stocks are unlikely to match their recent strength…On the plus side, corporate health remains strong and valuations are neutral. There are still attractive areas, such as companies that are benefiting from the reindustrialization of America. Market tailwinds and headwinds are now more balanced, so we believe it’s time to be cautious.” Linehan is essentially saying that 2014 will be a stock pickers market. His fund, for example, holds among its top holdings Irving,TX’s Flowserve … [Read more...] about Guru Round Up: The 43 Best Investment Ideas For 2014