The use of robotic financial managers, popularly known as Robo-advisors, saw an uptick during the first quarter of 2020 and are now an entrenched feature of the economy. These AI-driven tools provide guidance to people looking for virtual and relatively inexpensive advice on investment.
As the number of online Robo-advisors … Read the article
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Managing personal finances is essential for moving forward on the path to keeping out of debilitating debt, building ongoing wealth, counting on a comfortable retirement, and discovering tools such as life insurance to protect ensure your legacy. But it’s not nearly the formidable task it appears if you take advantage of … Read the article
In a bid to help workers during the corona virus pandemic, the president introduced a memo which directs the treasury department to allow employers to defer payroll taxes starting from September, 1, 2020 until the end of the year.
This measure mainly applies to employees who make less than $4,000 … Read the article
Lots of amateur investors are trying to get their hands on a share of GameStop (GME) today, and you probably already know.
But do you really understand the Gamestop hype?
No, you do not, and that’s not a bad thing.
The core of the story is that a bunch of … Read the article
Home equity is the portion of your home, in terms of debt to a bank, that is truly yours. It’s the percentage of your home that you own without reservation. In simple terms, equity is the difference between what is owed on your mortgage loan and what your home is … Read the article
Due to the coronavirus, there’s been worrisome instability in the stock market. As a result, a lot of people are anxious and scared that the economic recession might be extended a bit longer.
If the value of your stocks is down or your income for retiring is lower than you … Read the article
Banks in the US received over two trillion dollars into deposit accounts as a surge of activity hit when the coronavirus pandemic slammed the nation in January. There’s never been anything like it in history. This level of deposit activity is unprecedented.
By June, banks across the country held more … Read the article
Financial technology—Fintech— is rapidly taking hold in financial markets as customers are turning towards monetary services that are strictly carried out online. Many say such services have proven to be more user-friendly, personalized and faster.
The goal of Fintech is to make banking much easier and to give customers the … Read the article
The US and China trade war is another challenge which has rocked the national economy, but the deal has just recently entered phase one.
Recent activity indicators show that China is beginning to return to normalcy, while the rest of … Read the article