Eric Reed is a freelance journalist who specializes in economics, policy and global issues, with substantial coverage of finance and personal finance. He has contributed to outlets including The Street, CNBC, Glassdoor and Consumer Reports. Eric’s work focuses on the human impact of abstract issues, emphasizing analytical journalism that helps readers more fully understand their world and their money. He has reported from more than a dozen countries, with datelines that include Sao Paolo, Brazil; Phnom Penh, Cambodia; and Athens, Greece. A former attorney, before becoming a journalist Eric worked in securities litigation and white collar criminal defense with a pro bono specialty in human trafficking issues. He graduated from the University of Michigan Law School and can be found any given Saturday in the fall cheering on his Wolverines.
M1 Finance strikes a balance between the completely hands-off approach of a robo-advisor and the technical complexity of a full-service investment firm. It allows investors to build an investment portfolio based on stocks, funds and professionally managed portfolios that they select. If you’d like the simplicity of a robo-advisory but want to have a little more control over your money than they offer, it might be worth checking this platform out. If you want hands-on guidance from an expert professional, though, consider enlisting the services of a trusted financial advisor. Read more
Do not get paid to trade. Free money schemes are never your friend. In finance, as with most walks of life, the best tools are generally boring and don’t need such incentives to try a product. SogoTrade is no different. There is one key area of investing, though, where SogoTrade comes in as a strong option, and it will be discussed below. Meantime, consider working with a financial advisor as you set financial goals and create a strategy for building an investment portfolio. Read more
If you bank with Wells Fargo and keep a low-activity portfolio, WellsTrade might be a useful platform on which to trade stocks and other securities. Current clients can use the trading screen to see all of their finances, banking and investments alike, in one place. Investors who do relatively few trades might find this particularly useful. For other investors, WellsTrade probably isn’t the best tool on the market. Its research options are limited, and it lacks some asset classes that will appeal to more sophisticated investors. Pound for pound, such investors can probably do better. It may behoove those seeking hands-on guidance to enlist the services of a trusted financial advisor. Read more
TD Ameritrade and Fidelity are two of the most popular full-service trading platforms on the internet. Ultimately between these two giants, there are relatively few points of true distinction. If you… Read more
Comparing TD Ameritrade and Robinhood is a little bit of an exercise in apples-to-oranges. TD Ameritrade is a full-service brokerage firm offering storefront advising, online and app-based trading… Read more
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