Money saving, investing & budgeting apps.
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10 Top Money and Investing Apps for 2019

By staff columnist, Alexandra Deluise Money Apps to Simplify Your Life and Build Wealth Our society has moved so far beyond the traditional “banker’s hours” at this point. Without instant access to our finances, we would be at a complete loss. But with the wealth of information available—pun absolutely intended—how can we choose the best money apps to help us manage our finances, investments and budgets? No worries: I’ve done a lot of the legwork for you. Here are 10 of the best money and finance …

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robo investment advisors with human touch
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7 Robo-Advisors With Human Touch – Digital Investment Advice + Live Advisors

There’s a Robo-Advisor With Human Touch for All Let’s face it, the idea of turning one’s finances over to a robo-advisor is nerve-wracking for some. In fact, you might be skeptical about hiring a totally automated investment manager and would prefer a robo-advisor with human advisor access. If you want a digital investment advisor with a human touch, you’re not alone. Hybrid robo-advisors are gaining in popularity. There’s no denying that robo-advisors are helping people make good investment choices as well as, if not better …

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The 6 Best Robo-Advisor Investing Apps – For Growing Your Wealth

You Have to Choose One of These 6 Robo-Advisor Apps Today’s world is a bustling place: somewhere between all of our important obligations (work, family, friends, and food, to name a few!) we need to find time to manage, maintain, and build wealth. With robo-advisors steadily gaining dominance in the financial sector, the answer to why a robo-advisor is the best option for investors-on-the-go is clear: they are available 24/7 and based on sound investment research. The increasing availability of robo-advisors makes it easier than …

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Goal of a robo-advisor
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What Is the Ultimate Goal of a Robo-Advisor?

Many people who have never heard of robo-advisors have one question in mind: “what is the ultimate goal of a robo-advisor?” Maybe you understand that a robo-advisor has something to do with investing. But what else does a robo-advisor do and how does it help with investing? For starters, any investment decision you make should be well-informed and make sense based on your investing style, financial situation, and goals. So, do the goals of a robo-advisor align with your own? The way I see it, …

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An Introduction to Robo-Advisors

Schwab Explains Robo-Advisors I received this robo-advisor pitch in my email and had to share it: “We know there’s a lot of talk and coverage about robo-advisors, but we’re guessing there are still a lot of unanswered questions as to how they work and how consumers can use them. Given this, I wanted to share a new infographic from Schwab which provides a digestible step-by-step introduction to robo-advisors. I thought this infographic could help clarify common questions for prospective and current investors. Knowing that you have previously …

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best robo advisors for millennial investors
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7 Best Robo-Advisors for Millennials

Why 20 to 30 Year Olds Should Invest With a Robo-Advisor NOW! By staff columnist, Alexandra Deluise As much flack as they’re getting for their breakfast choices (avocado toast, anyone?), millennials are much better with money than they get credit for. In fact, millennials might need to be even more aware of where their money goes than previous generations. And that’s why investment companies are flooding the market with robo-advisors for millennials. We winnowed the growing list of digital investment apps to these 7 best robo-advisors …

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Impact investing robo-advisors are adding choices to the socially responsible sphere.
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6 Impact Investing Robo-Advisors and Apps – Do Good and Build Wealth

Socially Conscious Investing Robo-Advisors and Apps “80% of the 200 studies reviewed showed that stock price performance is positively correlated with good sustainability practices” ~Study by the University of Oxford Socially responsible robo-advisor investing is more than a fad, it’s a full-blown movement. The premise of socially responsible investing or impact investing robo-advisors is that consumers hunger to invest their money in line with their personal values. A recent Investment News article claims that financial advisors without socially responsible investing choices will sacrifice clients. Robo-advisors …

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Bitcoin-robo-advisor
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Bitcoin Robo-Advisors and Other Cryptocurrency Investment Options

Cryptocurrency: the money of the future, or a fad sure to bankrupt its many investors? By staff columnist, Alexandra Deluise Unfortunately, as with anything in the financial sector, we can only talk about the here-and-now. And right here, right now, cryptocurrency is pretty hot. Bitcoin, the most well-know cryptocurrency, in particular seems to be the latest great investment opportunity, coming in at a value of over $8,100.00 USD to every one bitcoin at the time of this writing. So, it’s about time for a bitcoin robo-advisor. …

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Robo adviser vs target date fund - Which is best for you?
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Robo-Advisor vs Target Date Fund – What’s the Difference?

Which is Better – a Robo-Advisor or a Target Date Fund? By staff columnist, Alexandra Deluise In the wake of the amazing technological improvements impacting investing opportunities, you might find yourself torn between two investment platforms. If you find yourself wondering “what’s the difference between a robo-advisor and a target date fund,” you’ve come to the right place. In the robo-advisor vs target date fund discussion, there are a few things you should know first. Robo-Advisor vs Target Date Fund: What Are Their Features? Education is …

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Is Your Data Safe with a Robo-Advisor?

Robo-advisor Tips; 5 Ways to Keep Your Money Safe Do any of these scenarios sound like you? • You want your money to grow in a reliable investment portfolio. • You want the convenience of a robo-advisor but worry about whether your data is safe online. • You have your investments with a robo-advisor and are reevaluating the whether your money is safe with a robo-advisor. It seems that data breaches are increasingly common these days, although not much in the robo-advisor news. This can …

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Robo-advisors are doomed - or maybe not
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Robo-Advisors Are Doomed – How Passive Investing Might Harm Them, or Not

Is There a Dark Cloud Hanging Above a Passive Index Fund Investing Approach? Most, although not all, of the robo-advisors practice some form of a passive index fund investing approach. This means that instead of picking and choosing certain stocks and bonds for their investments they select funds that copy the investments of benchmarks. So, a robo-advisor offers an S&P 500 fund to it’s investors that owns stocks and bonds of the same 500 most important companies that are included in the unmanaged benchmark S&P …

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Start investing with little money. Just $300 and you can start building wealth.
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6 Ways to Invest With Little Money – Robo-Advisors for the Masses

How to Start Investing with $300 – No (or Low) Minimum Balance Robo-Advisors For Any Investor By staff columnist, Alexandra Deluise The old adage of “you have to spend money to make money” doesn’t need to be true anymore. With the help of low-cost robo-advisors, it is now easier than ever before to invest with little money and get started investing with $300 or less! Robo-advisors are often praised for offering no or low minimum balances on investments. If that wasn’t enough, they also usually charge a …

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5 free robo advisers for affordable investing
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5 Free Robo-Advisors – The Best Way to Manage Your Investments

Consumers rejoice! In a race to the bottom, investment management fees are shrinking. And if low fees aren’t enough, there are a handful of robo-advisors that offer free robo-advisor investment management. These free robo-advisors typically invest your money in stock, bond and other exchange traded funds in alignment with your risk comfort. The platforms will rebalance your account periodically to keep it in line with your initial preferences. In other words, if you want investments that aren’t too volatile, you’ll opt for a conservative portfolio …

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Low fee and free robo advisors. 6 platforms to manage your money.
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6 Robo-Advisors With the Lowest Fees – Low Cost Investing

6 Low Fee Robo-Advisors {and Free Ones} The robo-advisor market has exploded and it has become nearly impossible to rank the platforms in terms of best to worst – after all, almost all robo-advisors are designed to provide extensive value to a specific set of clients. That being said, once you narrow your search parameters, it becomes much easier to find the robo-advisor designed for your unique needs. If a low fee robo-advisor is your top priority, then start your search here. Here’s a handy …

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Robo-Advisor Basics – My Interview on WFN1.com Radio CEO Money Show

The Robo-Advisor Basics – Q & A With Michael Yorba of CEO Money Michal Yorba, of CEO money recently contacted me to discuss robo-advisor basics on his show. In this quick interview we talk about robo-advisor basics and the fintech landscape. Here’s what you’ll learn by listening to this brief interview. Find out about robo-advisors: What is digital investing? What do robo-advisors do? How are humans involved in the robo-advisor process? What about losses, how do you handle them? Is there market timing in robo-advisors? …

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Robo-adviser or DIY - Find out why digital investing is better than DIY investing with mutual funds or ETFs
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Why Robo Advisors Are Better than DIY Investing with Mutual Funds (or ETFs)

Robo-Advisor or DIY – Why Robo-advisors are Better than DIY Investing with Mutual Funds (or ETFs) Investors sometimes question the need for investing with robo-advisors. After all, robo-advisors mostly invest in funds, particularly exchange traded funds (ETFs). Isn’t that something that you could do for yourself? It’s not exactly that simple. Robo-advisors are better than DIY investing with mutual funds or ETF’s, because they use algorithms to determine the precise mix of funds that are held in your portfolio. With these algorithms, you’re likely to …

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Top 11 Robo-Advisor Trends for the Future

Free Robo-Advisor Trends Report from Top Experts The robo-advisory field is upending the financial industry. Consumers benefit with low fees and low minimums for top-notch investment portfolios. You can get a professionally-managed investment portfolio for with no administrative fees at WiseBanyan and Schwab with their  Intelligent Portfolios. Wealthfront and Betterment aren’t far behind with management fees below 0.25%. The big investment houses -Vanguard, Schwab, TD Ameritrade and more – are jumping on the robo-advisor bandwagon as well. Not to be left behind, financial advisors are competing …

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Cons of Robo-Advisors - There are disadvantages as well as advantages of robo financial advisors.
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Disadvantages of Robo-Advisors and Robo Financial Advisors

What are the negatives of robo-advisors? Robo-advisors, sometimes called robo-financial advisors, are automated financial advisors that manage your investment dollars for the greatest returns with the least amount of risk. Some offer human financial access, others don’t. The various robo AI providers all offer their own twist to the service. What’s not to love? It sounds like the Holy Grail of Investing. After all, you’re busy, you’ve got some money to sock away for tomorrow. You don’t want to make mistakes when you invest. Why …

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Richard Thaler, Nobel Prize winner, economist + robo-advisor influencer
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How Richard Thaler, Nobel Prize Winner, Influenced Betterment

Behavioral finance, Richard Thaler and robo-investing help you make better investment decisions. ” As technology and design increasingly enables financial services firms to modify and influence their customers’ behavior, we should not only remember Thaler’s ideas and well-developed research; We should take his mantra to heart and follow his choice to use behavioral learning to make a positive impact on people’s lives.” ~Dan Egan, director of behavioral finance & investments at Betterment (as reported in MarketWatch) Markets are in a state of constant flux. One core mistake …

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What does the future of robo-advisors hold? Are human financial advisors doomed?
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The Future of Robo-Advisors; Are Small Independent Robo-advisors and Human Advisors Doomed?

With recent leaps in artificial intelligence technology, many financial advisors worry whether their position will be replaced by machines. The future of robo-advisors is transitory, and human advisors are uneasy. Human financial advisors are particularly worried because of the explosion of new AI platforms. These robo-advisor AI systems are a competitive challenge. Human advisors are scrambling to adapt to a changing environment. In the investment world, artificial intelligence plays a key role. Currently, there are over 200 platforms known as “Robo-advisors” that create and manage …

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