Month: May 2021

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Trading Ideas

What Are Interest Rates?

May 10, 2021 admin Comments Off on What Are Interest Rates?

Any time you invest money, you’ll find yourself dealing with interest rates. They can be a little confusing if you’re just getting started. What are interest rates and how do they work? It’s a question worth asking, and it depends strongly on the financial product you’re talking about. In the case of investments, the higher the rate, the better. In the case of debt—such as a bank loan—a lower rate is more advantageous. Context is important for understanding how to capitalize on or protect yourself from interest rates.
Here’s a surface level look at interest rates, to get you familiar …read more […]

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Trading Ideas

5 Fintech ETFs to Watch Out For This Year

May 10, 2021 admin Comments Off on 5 Fintech ETFs to Watch Out For This Year

The fintech industry has a lot of long-term potential for investors. Fintech ETFs can be a great opportunity to grow your wealth, as well as diversify your portfolio. Before we dig into the top funds, let’s take a look at the fintech sector.
What is Fintech?
Financial technology (fintech) describes new technology that can improve financial services. Fintech companies often use mobile devices to connect people with financial services.
Innovations in the fintech space have changed the way we see our finances. These include payment apps, peer-to-peer (P2P) transfers, digital wallets and cryptocurrencies. Big banks and other institutions allow some of these things …read more […]