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Bisq, formerly known as Bitsquare, is a decentralized cryptocurrency exchange with servers located around the globe. Bisq’s decentralization means it isn’t headquartered in any one location or country, which gives it a number of advantages. You can use Bisq to trade cryptocurrency peer-to-peer instead of through a third party, and its decentralized nature makes it safer than other, more normal exchanges. If you’re looking to invest in crypto through an exchange, you may want to consult with a financial advisor beforehand. Read More...
BlockFi is designed to help you trade cryptocurrency and manage your money, all on the same platform. You can use BlockFi to open an interest account, take out crypto-backed loans and use traditional cryptocurrency trading services. This platform has been around since 2017, and while it’s independently owned, several financial giants like SoFi and Fidelity back it. If you’re looking into trading cryptocurrencies, a financial advisor can help you create a financial plan for your investing needs. Here’s what you need to know about BlockFi. Read More...
Stock investing can offer numerous rewards, including the potential to benefit from dividend payouts or buybacks. Both can increase investor returns but there are some significant differences in the tax treatment of stock buybacks vs. dividends. Whether it makes sense to utilize buybacks or dividend payments to shareholders can depend on a company’s overall financial strategy. In some cases, they may choose to do both. From an investor perspective, it’s important to understand what either one can mean for your portfolio. Given how many factors go into choosing between stock buybacks and dividend stocks, a financial advisor can offer invaluable advice on the matter. Read More...
One of the most important aspects of investing is knowing how to manage risk. This is where hedging comes into play. A hedge can be a particular investment or investment strategy that’s designed to insulate your portfolio against risk. Hedging may not eliminate risk entirely but it could help to minimize losses if market volatility increases or rising inflation threatens to diminish your purchasing power. There are different strategies investors can use to hedge, depending on how they’ve invested. Consider working with a financial advisor on when and how hedging makes sense for your investment strategy. Read More...
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Editor's Picks
Mar 17, 2021 Many people dread tax season. But if you're expecting a tax refund for the 2020 tax season - and even if you're not - you've got a couple…
Apr 09, 2021 "Chartered financial analyst" (CFA) and "certified financial planner" (CFP) are common certifications for individuals working in finance,…
May 01, 2020 Wealth management firms are all different. You need to make sure to do the work to pick the right one for you. Wealth managers work with…
Apr 09, 2021 If a financial planner or financial advisor is fee-only, that means they receive compensation solely from the fees clients pay from their…
Jul 23, 2019 If you’re young and you're looking to purchase a new home to live in, maybe you should consider turning your first home into an investment…
Data Articles and Studies
The number of registered investment advisors (RIAs) in the U.S. is growing, as are the number of clients they serve and assets they manage. According to an annual report published jointly by the Investment Advisor Association and National Regulatory Services, there were 13,494 RIAs in 2020 – about 11% more than there were in 2017 (12,172). Last year, those advisors reported a total of 42.1 million clients and $97.2 trillion in regulatory assets under management (AUM) – roughly 18% and 37% more, respectively, than the number of clients and assets reported three years prior. Read More...
Since the onset of COVID-19, remote work has become the norm for many Americans, allowing them to continue to meet some of their expenses while saving where possible. In the late spring of 2020, about half of American workers were working from home, according to two surveys conducted by the National Bureau of Economic Research. Many researchers believe that increased work flexibility and work-from-home opportunities may continue even after the pandemic is over. With that in mind, SmartAsset looked at the best cities to work from home in 2021. Read More...
The Bureau of Labor Statistics (BLS) says that computer and information technology jobs are expected to have grown by 11% from 2019 to 2029, adding 531,200 new jobs in cloud computing, big data storage and collection and information security. The median annual wage for those jobs in May 2019 was $88,240, which is $48,430 higher than the median annual wage for all occupations. Read More...
Videos
Patrice Washington says she is an accidental personal finance blogger. Regardless, it’s a role she seems born to play, and one she’s certainly making the most of! Patrice is now much more than a personal finance blogger, she is a personal finance educator, author and advocate. You can see, hear and read Patrice pretty much everywhere from the Steve Harvey TV and radio show to her own books on personal finance. We caught up with Patrice in New Orleans for this edition of SmartAsset Talks. Read More...
