Keep up with the leaders of financial technology
Financial technology, also known as fintech, is an industry that focuses on innovations that aim to compete with traditional financial services methods. Many fintech firms have grown to become household names in recent history, from banking to investing to borrowing.
The fintech industry is still an emerging industry due to there still be major areas of growth. When it comes to understanding the current publicly-traded leaders in the fintech industry, the following 3 ETFs will simplify that for you:
1. ARK Fintech Innovation ETF (ARKF)
2. Global X FinTech ETF (FINX)
3. ETFMG Prime Mobile Payments ETF (IPAY)
Learn what a blank check company is
You have probably heard about SPACs on the news, whether it was Bill Ackman’s Pershing Square Tontine, PSTH, raising $4 billion, or Chamath Palihapitiya’s Social Capital Hedosophia Holdings V, IPOE, plans to merge with SoFi.
A SPAC, Special Purpose Acquisition Company, is an entity with no commercial operations formed strictly to raise capital through an initial public offering (IPO) to acquire an existing private company to take it public. …
Boosting an important factor that determines your creditworthiness
According to Experian, as of data collected from October 2020, the average FICO Score in the U.S. rose to 711. That is an 8 point increase from 2019, and it the most significant spike since 2016.
Why does your FICO Score matter? It matters because it is used in over 90% of U.S. lending decisions. If you have not had the chance, check out my article, A Quick Breakdown of the 5 Categories of Your FICO Score.
With that being said, I want you to know that you can be on the path of seeing increases in your FICO Score. The 3 tips to help improve your FICO Score in 2021 are:
1. …
Gain exposure to equities outside of the U.S.
An emerging market is a market that is becoming more engaged with global markets and has a growing quality of living with characteristics similar to developed markets such as liquidity in local debt and equity markets, and modern financial and regulatory institutions. Examples of countries with the largest emerging markets are China, India, and Brazil.
Typically, investors look to emerging markets as opportunities of untapped growth. When it comes to becoming familiarized with the leading companies in emerging markets, the 3 following ETFs help to simplify that:
1. Vanguard FTSE Emerging Markets Index Fund (VWO)
2. WisdomTree Emerging Markets ex-State-Owned Enterprises Fund…
A form of tax that all investors should be aware of
Wait, you do not know what capital gains tax is? No worries, I have you covered in a quick and simple format. To start, let’s go over capital gains.
Capital gains are the profits you make from the sale of an asset, such as stocks, real estate, or a business. Capital gains are taxable income. Depending on your income, filing status, and how long you have held the asset, your tax rate may vary. …
Online shopping is here to stay
Ecommerce is one of the fastest-growing segments in the retail industry. According to the E-Commerce Market — Global Opportunity Analysis and Industry Forecast (2018–2025) by Meticulous Research, the global ecommerce market is estimated to grow at a compound annual growth rate (CAGR) of 11.1% and be worth $24.3 trillion by 2025.
Physical retail stores are under pressure with the rise of ecommerce. People want to be able to purchase items they want from the comfort of their homes. The following 4 ETFs will allow you to stay up to date on the companies leading the growth in ecommerce:
Understand what characterizes the largest companies
A mega cap company is a publicly-traded company with a market capitalization of $200 billion or greater. Market capitalization is the value of all outstanding shares of a publicly-traded company, calculated by multiplying a company’s shares outstanding by its stock price.
When it comes to mega cap companies, we can further examine them by:
1. Understanding Why They Matter
2. Exploring Finviz’s Stock Screener
1. Understanding Why They Matter
As stated earlier, a mega cap company is a publicly-traded company with a market capitalization of $200 billion or greater. …
ETFs that provide exposure to companies leveraging powerful technology
Artificial Intelligence (AI) is one of the fastest-growing segments in the technology industry. AI is intelligence demonstrated by algorithms and machines to do repetitive and/or complex tasks to increase efficiency and solve problems. These tasks include packaging goods in warehouses, driving vehicles long distances, and comprehending human speech to provide quick solutions.
If you are optimistic about artificial intelligence and interested in becoming understanding of companies that are leveraging artificial intelligence, the following 3 ETFs will help ease that process for you:
1. iShares Robotics and Artificial Intelligence Multisector ETF (IRBO)
2. Global X Robotics & Artificial Intelligence ETF (BOTZ)
Make investing simple for yourself
A new year is coming up soon. You have decided that you want to get more serious about investing. In becoming more serious about investing, you have decided that it is time for you to create an investment plan.
An investment plan is a plan that will lay down the framework of how you will go about investing. In assuming that you already have a monthly budget that showcases the inflows and outflows of your money, the following 3 steps will simplify the process of creating an investment plan:
1. Outline the Specific Reasons Why You Are Investing
2. Outline What You Will Invest…
ETFs that contain companies that will change land transportation
Autonomous vehicles, also known as self-driving vehicles, are vehicles that can sense their environment and move safely with little to no human input. Experiments regarding automated driving systems date back to the 1920s. The modern era of autonomous vehicles can be said to begin in the early 2010s with major automotive and technology companies testing driverless car systems.
The automotive industry’s autonomous vehicles segment is difficult to ignore due to the multitude of benefits it can bring, such as reducing human-caused traffic deaths, emissions, and travel time. …
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