Tag: investing apps

Advice

PrizePool: friends have benefits with this prized-based savings account

A dollar saved is a chance to win $10,000 every week. PrizePool is another prize-based savings account similar to Yotta. The accounts have a lot in common: FDIC insured through Evolve Bank & Trust up to $250,000 Users win interest via a lottery system with recurring tickets awarded for saving money Users get debit cards for easy access to funds Rewards for referrals and not … Continue reading PrizePool: friends have benefits with this prized-based savings account

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Advice

Is crypto staking dead? SEC expands reach into crypto brokers

Coinbase Global Inc. (Coinbase), one of the most popular crypto trading platforms, received so much traffic from its Super Bowl ad that its website crashed. Millions of people are starting to show interest in crypto trading and investing; however, others are beginning to notice as well. Regulators, including the U.S Securities and Exchange Commission (SEC), are beginning to take action on crypto. Recently, BlockFi, another … Continue reading Is crypto staking dead? SEC expands reach into crypto brokers

Bob Bennett6 Comments
Advice

That’s a Yotta cash: The risk-free, lottery-based savings account

Saving cash is an important part of your financial planning. While “cash is trash” and similar headlines are spreading, having cash set aside is important for an emergency or making a big purchase soon. The reason why “cash is trash” has been going around is for two reasons: (1) interest rates on borrowing money is near record lows, and (2) the return on investing in … Continue reading That’s a Yotta cash: The risk-free, lottery-based savings account

Bob Bennett5 Comments
Advice

Passive investing 102: What is passive investing?

Pas-sive – not reacting visibly to something that might be expected to produce manifestations of an emotion or feeling. Dictionary.com In most areas of life, being active is seen as the optimal choice. “Pursue your dreams.” “Take life by the horns.” “Don’t sit back and wait for life to happen to you.” However, when investing, being active can be a costly choice. Common Misconceptions: Often, … Continue reading Passive investing 102: What is passive investing?

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Advice

Investing 105 – It’s automatic, it’s systematic, it’s hydromatic: Investing with apps – Stash

Stash – Budget, Invest, and Plan Stash is a more user-friendly app and focuses on educating investors on how to best pick investments and balance a portfolio along with other financial advice. The app is not as straight forward as Robinhood where you click and buy; however, Stash offers DRIP and automated investing. The cost of Stash varies based on what you are using it … Continue reading Investing 105 – It’s automatic, it’s systematic, it’s hydromatic: Investing with apps – Stash

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