Investopedia

M1 Selects Thought Machine to Power The Finance Super App™

Retrieved on: 
Tuesday, May 24, 2022

M1, The Finance Super App helping people manage and grow their money, today announces it has selected Thought Machine, the cloud-native banking technology company, to power and grow their platform.

Key Points: 
  • M1, The Finance Super App helping people manage and grow their money, today announces it has selected Thought Machine, the cloud-native banking technology company, to power and grow their platform.
  • M1 is empowering financial well-being by helping individuals intelligently invest, borrow and spend within one holistic super app rich with automation and personalised features.
  • M1 will use this investment to develop its offering, and with Thought Machine technology, innovate faster and more efficiently than incumbent counterparts.
  • M1, The Finance Super App, helps people manage and grow their money with control and automation for free.

#1 New York Times Bestselling Author & Personal Finance Luminary Ric Edelman Releases a Fun, Practical Guide to Crypto--the New Frontier in Investments

Retrieved on: 
Wednesday, May 4, 2022

GREAT FALLS, Va., May 4, 2022 /PRNewswire/ -- Ric Edelman, the #1 New York Times bestselling author of 10 books, globally renowned personal finance expert, and host of The Truth About Your Future radio show and podcast, has announced the release of The Truth About Crypto, his latest, must-read guide for achieving investment success today and in the future.

Key Points: 
  • Blockchain technology, Edelman writes, is revolutionaryperhaps the most profound innovation for global commerce since the invention of the internet.
  • By the end of this decade, 70 percent of the global economy will be digital," said Ric Edelman.
  • "This book provides the most useful explanations about blockchain and digital assets, and how they are profoundly changing our economy.
  • "Gary L. Perlin, Retired CFO, The World Bank & Capital One Financial Corporation
    Ric Edelmanis a #1 New York Times bestselling author of ten books on personal finance.

Fractional Services: A Boon to Startups; Lead to Growth

Retrieved on: 
Monday, April 25, 2022

LOUISVILLE, Ky., April 25, 2022 /PRNewswire-PRWeb/ -- Each year in the United States, according to Small Business Administration estimates, more than 627,000 new businesses open, and about 595,000 businesses close; only around 51% of new businesses last as long as five years.(1) The investment community has some thoughts as to why this is so. "A major factor in startup failures," says Paul Ford, Founder and President of DS9 Capital, "is lack of profitability; most likely due to the cost overrun of salaries."

Key Points: 
  • Paul Ford, Founder and President of DS9 Capital, explains how hiring fractional experts can lead to savings and become a valuable resource.
  • This, he suggests, both protects profitability and provides the firm with education it will need when, later, it opens its own IT department.
  • However, to successfully lead a company, one cannot behave solely as a bossyou order, and others obey.
  • Behaving as a coach will lead to success, better team cohesion and morale, notes Ford.

Byrdie Announces Sixth Annual Eco Beauty Award Winners

Retrieved on: 
Tuesday, April 19, 2022

NEW YORK, April 19, 2022 /PRNewswire/ -- Today Byrdie ( www.byrdie.com ) announced its sixth Eco Beauty Awards , honoring the best beauty brands and products that emphasize education, transparency, innovation, and sustainability.

Key Points: 
  • NEW YORK, April 19, 2022 /PRNewswire/ -- Today Byrdie ( www.byrdie.com ) announced its sixth Eco Beauty Awards , honoring the best beauty brands and products that emphasize education, transparency, innovation, and sustainability.
  • The sixth iteration of the awards continues the evolution of the way Byrdie addresses "clean beauty," considering there isn't a standardized, industry-wide definition.
  • While honoring specific products in 80 different categories, the awards also place a premium on educating readers about the nuances of eco beauty, such as formulation, label transparency, and sustainable practices.
  • We'd like our Eco Beauty Awards to help our readers to become conscious consumers, and part of that consciousness is education."

Advisor Circle’s First Event – Exchange, an ETF Experience, Developed in Partnership with ETF Trends – Sells Out with More Than 2,000 Attendees in First Year

Retrieved on: 
Tuesday, April 12, 2022

Exchange, the brainchild of Advisor Circles Matt Middleton , John Swolfs , Matt Hougan , and ETF Trends Tom Lydon , Tom Hendrickson , and Dave Nadig , immediately establishes itself as the largest and most important ETF-focused event.

Key Points: 
  • Exchange, the brainchild of Advisor Circles Matt Middleton , John Swolfs , Matt Hougan , and ETF Trends Tom Lydon , Tom Hendrickson , and Dave Nadig , immediately establishes itself as the largest and most important ETF-focused event.
  • The annual event focuses on helping financial advisors build better portfolios and win new clients using the latest innovations in the ETF space.
  • Finance ; Insider ; ETF Trends ; ETF Database ; ETF.com ; Citywire RIA ; TheStreet ; MarketWatch ; Pensions & Investments ; WealthManagement.com ; With Intelligence ; Investopedia ; and Blockworks , among others.
  • The event was founded in 2022 by Advisor Circles Matt Middleton, John Swolfs, Matt Hougan, and ETF Trends Tom Lydon, Tom Hendrickson, and Dave Nadig.

Gold Still Viewed as a Favorable Hedge Against Inflation as the Price has increased Considerably

Retrieved on: 
Wednesday, April 6, 2022

From a fundamental perspective, gold is generally viewed as a favorable hedgeagainst inflation.

Key Points: 
  • From a fundamental perspective, gold is generally viewed as a favorable hedgeagainst inflation.
  • As the price of gold goes up, miners' higher profit margins can boost earnings exponentially.
  • Suppose a mining company has a profit margin of $200 when the price of gold is $1000.
  • The report continued: "The most common way to invest in physical gold is through the SPDR's Gold Shares ( GLD ) exchange-traded fund (ETF), which simply holds gold.

Gold Still Viewed as a Favorable Hedge Against Inflation as the Price has increased Considerably

Retrieved on: 
Wednesday, April 6, 2022

From a fundamental perspective, gold is generally viewed as a favorable hedgeagainst inflation.

Key Points: 
  • From a fundamental perspective, gold is generally viewed as a favorable hedgeagainst inflation.
  • As the price of gold goes up, miners' higher profit margins can boost earnings exponentially.
  • Suppose a mining company has a profit margin of $200 when the price of gold is $1000.
  • The report continued: "The most common way to invest in physical gold is through the SPDR's Gold Shares ( GLD ) exchange-traded fund (ETF), which simply holds gold.

Investopedia Survey Finds 1 in 4 Millennials Now Using Crypto to Fund Retirement

Retrieved on: 
Monday, April 4, 2022

NEW YORK, April 4, 2022 /PRNewswire/ -- A new survey from Investopedia (www.investopedia.com) found financial literacy education needs a major overhaul to keep up with dramatic generational shifts in investing and retirement planning.

Key Points: 
  • Millennials are just as likely to be invested in cryptocurrency as they are the stock market, the survey revealed.
  • Ahead of Financial Literacy Month this April, the Investopedia 2022 Financial Literacy Survey asked 4,000 U.S. adults1,000 each from Gen Z, Millennial, Gen X, and Boomer generationsabout their financial know-how, habits, worries, and retirement plans.
  • Members of Gen Z and Gen X aren't far behind in crypto investments, with 23% and 28% respectively owning digital currency.
  • More than half (53%) of Gen Z respondents expect to stop working before age 60, and many intend to rely on social security (27%) and crypto (17%) to fund their retirement.

Quicken Named Best Personal Finance Company in FinTech Breakthrough Awards

Retrieved on: 
Thursday, March 17, 2022

MENLO PARK, Calif., March 17, 2022 /PRNewswire/ -- Quicken Inc. ("Quicken"), maker of America's best-selling personal finance software, has once again been selected as a winner in the annual FinTech Breakthrough Awards, this time recognized as the Best Personal Finance Company. Last year, its personal finance app Simplifi by Quicken was named the Best Personal Finance Product under the award.

Key Points: 
  • MENLO PARK, Calif., March 17, 2022 /PRNewswire/ -- Quicken Inc. ("Quicken"), maker of America's best-selling personal finance software, has once again been selected as a winner in the annual FinTech Breakthrough Awards, this time recognized as the Best Personal Finance Company.
  • Last year, its personal finance app Simplifi by Quicken was named the Best Personal Finance Product under the award.
  • The FinTech Breakthrough Awards, now in its sixth year, recognize the breakthrough companies and products in the global financial services and technology industry.
  • Quicken's award-winning suite of personal finance software and apps including Quicken Starter Edition, Quicken Deluxe, Quicken Premier, Quicken Home & Business, and Simplifi by Quicken cater to different financial needs and device preferences.

With Uncertainty Roiling Equities, New Survey Finds 98% of Investors Plan to Put Significant Funds in Commercial Real Estate

Retrieved on: 
Thursday, March 10, 2022

CrowdStreet, the nation's largest online private equity real estate investing platform , drew respondents from its network of accredited investors.

Key Points: 
  • CrowdStreet, the nation's largest online private equity real estate investing platform , drew respondents from its network of accredited investors.
  • All 1,111 survey participants were in complete agreement on their plans to invest in private equity real estate enthusiastically this year.
  • Enthusiasm for commercial real estate investing stems in part from the conventional wisdom that Wall Street faces a bumpy ride this year as evidenced by pervasive first-quarter volatility.
  • Most Investor Benchmark Survey respondents had at least one year of private equity real estate investing experience, while a quarter had five or more.