Markets

Robo-advisors offer automated investing services at a low cost — here’s how to tell if they’re right for you

A robo-advisor is a service that uses computer algorithms to build and manage investment portfolios, requiring little human involvement and interaction. Robo-advisors are popular because they provide automated strategies based on your investment goals at a much lower cost than a human financial advisor or manager. Robo-advisors are well-suited for […]
Robo-advisors offer automated investing services at a low cost — here’s how to tell if they’re right for you
Markets

ETFs and mutual funds can instantly diversify your portfolio, but they differ in how they’re traded, managed and taxed. Here’s what you should know.

ETFs (exchange-traded funds) and mutual funds offer cost-efficient ways to diversify, but they differ in how they’re taxed, traded, and managed. ETFs are typically passively managed and trade like stocks, with lower fees and minimums than mutual funds. Mutual funds are professionally managed investment portfolios that trade once a day […]
ETFs and mutual funds can instantly diversify your portfolio, but they differ in how they’re traded, managed and taxed. Here’s what you should know.
Markets

Fund giant Vanguard is the latest brokerage to slash trading fees to zero

Investment management firm Vanguard is the latest to cut its trading fees to zero, according to a Thursday announcement. The move brings Vanguard in line with industry peers Fidelity, Charles Schwab, TD Ameritrade, and E*Trade, which all slashed their commission fees in fall 2019. Vanguard’s new policy will still levy […]
Fund giant Vanguard is the latest brokerage to slash trading fees to zero
Markets

The global ETF market just climbed to a new record high above $5 trillion

Money poured into exchange traded funds (ETFs) at a record rate in January, just prior to last week’s stock market jitters which saw the S&P500 fall by 5.2%. A Financial Times report said ETFs globally attracted another $US105.7 billion of capital last month, based on preliminary data from consultancy firm […]
The global ETF market just climbed to a new record high above $5 trillion