Investing feels more accessible than it's ever been
Look out for:
Robinhood will soon open up its no-fee, high-yield cash management account to the public, which comes with a debit card and up to $1.25 million in FDIC insurance.Account types: As fears surrounding the coronavirus outbreak sent markets plummeting — and then back up — Robinhood experienced When you link your debit or credit card, Acorns will automatically round up each purchase to the nearest dollar and invest the unspent change in your portfolio. Through Acorns Found Money, an additional percentage of each purchase at select brands, including Walmart, Nike, Airbnb, and Lyft, will be deposited into your investment account. It's like cash back, but the money goes directly toward your investments.
Then, this female-forward online adviser takes it a step further and considers your gender, lifespan, and earning potential to create a custom portfolio of ETFs . Ellevest charges a fee of just 0.25% of your balance for ongoing monitoring and rebalancing. Once your balance reaches $50,000, that fee increases to 0.50%, but you'll get direct access to personal financial planning and career coaching. Investors with $1 million or more qualify for private wealth management.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why startup founders should be wary of corporate strategic investments - Business InsiderThe red flags that should make first-time founders think twice about asking big companies to invest in their startups
Read more »
Dispensed Business Insider's weekly healthcare newsletter March 6 - Business InsiderDispensed: How the US is confronting the novel coronavirus, Oscar and Clover's 2019 financial results, and the big business of direct-to-consumer healthcare
Read more »
Next recession: Robert Shiller sees 'existential threat' from AI fear - Business InsiderNobel laureate Robert Shiller identifies a rising 'existential threat' to the economy's expansion — and tells us why it's similar to what made the Great Depression so severe
Read more »
Benefits of the Amex Centurion black card, and your best alternative - Business InsiderThe Amex 'black' card is beyond exclusive, with an invite-only policy. It offers amazing perks, but you can get most of them with the Amex Platinum.
Read more »
The best credit cards for American Airlines flyers in 2020 - Business InsiderThe best credit cards for American Airlines flyers, including occasional travelers and those who want premium perks like Admirals Club access.
Read more »
Teens — Yes, Teens — Are Getting into Anti-Aging Skin CareOh no, the teens have discovered anti-aging skin care
Read more »