Decoding cryptocurrency: What is Bitcoin mining?
Similar to 19th century prospectors mining for gold, some of today’s tech pioneers are mining Bitcoin to obtain this trending digital currency. What does Bitcoin mining mean when Bitcoin is a currency that only exists digitally? What it means to mine Bitcoin Traditional and physical currencies are typically printed and put into circulation by a […]
Rule of 72: What It Is and How to Calculate It
In the words of Albert Einstein, “There is no force in the universe more powerful than compound interest.” But what can that “force” do for your investments? And how does the Rule of 72 apply? Let’s dig into these questions and more because the answers can transform how you look at your investments. What is […]
How Do Experts Think About Crypto? 3 Investors Weigh in
We can’t seem to have a conversation about investing without talking about cryptocurrencies. While digital currencies are not exactly a new concept, the last few years have seen crypto take off in a big way as more celebrities, experts and everyday investors get involved. What do experienced investors think about the trend and what words […]
How to Invest in Commodities
You can invest in hundreds of types of investments, but how do you know whether commodities deserve a place in your portfolio? Is it good to invest in commodities? Let’s start by walking through the definition of commodity investing, the different types of commodities and how to buy them through various vehicles (stocks, ETFs, futures). […]
Crypto 101: What Is Blockchain and How Does It Work With Crypto?
Cryptocurrency continues to be a hot topic in financial circles. Whether you hear about it via news headlines or in a subreddit you check daily, you may be considering investing in it … even if you’re unsure how it works. If this sounds like you, learning about blockchain can be a great place to start. […]
End Your Year With This Investing Checklist
The last weeks of the calendar year are nothing if not hectic. But if you want to stay on the nice list where your investments are concerned, it’s important to make time for a portfolio review. Doing a little fourth quarter housekeeping can help set you up for the year ahead. If you’re not sure […]
Your Stock Market Roadmap: 8 Tips for First-time Investors
Ready to start investing? Navigating the markets without a strategy might feel a little like taking a road trip without a map. You may have a destination in mind, but there’s no guarantee of how or if you’ll get there. Doing a little planning before you embark on your journey may pay off. These trading […]
What Is Cryptocurrency? Decoding Digital Currency
Bitcoin? Ethereum? Do you feel like you need a decryption key when it comes to cryptocurrency? You’re not alone. More than just digital cash, cryptocurrency and the technology that makes it possible have the potential to change the way you pay for goods and services every day, as well as how banking might work in […]
What Is Robo Advising? Your Top Questions Answered
From smart homes to self-driving cars, technology has redefined the way we live. And robo advisors have changed the way we invest. They add the benefits of automation to your finances by helping you build and manage an investment portfolio with the help of technology. But what is robo investing? And should you use a […]
Is Gamification the Name of the Game in Digital Investing?
If the recent explosion of gamification in all aspects of our lives (think: workout challenges, providing online reviews, reward charts for our kids, etc.) has taught us anything, it’s that humans are naturally social and playful creatures. And that can also apply to how we approach money, especially when it comes to investing. The pandemic […]