The world of investing is constantly changing, and new businesses are emerging all the time that are disrupting the status quo. These businesses are using innovative technologies and new business models to make investing more accessible, affordable, and efficient.
Here are three businesses that are changing the game of investing:
1. Fractional share investing platforms
Fractional share investing platforms allow investors to buy small pieces of individual stocks, even if they can’t afford to buy a whole share. This makes investing more accessible to people with smaller budgets.
Fractional share investing platforms are also making it easier to diversify portfolios. In the past, investors needed to have a lot of money to invest in a diversified portfolio of stocks. But with fractional share investing, investors can buy small pieces of many different stocks, even if they can only invest a few hundred dollars.
Some popular fractional share investing platforms include Robinhood, M1 Finance, and Public.com.
Robo-advisors are automated investment platforms that use algorithms to create and manage investment portfolios for users. Robo-advisors are designed to make investing easier and more accessible for people who don’t have the time or expertise to manage their own portfolios.
Robo-advisors typically ask users a series of questions about their financial goals, risk tolerance, and investment timeline. Once they have this information, they create a personalized investment portfolio for the user. Robo-advisors then automatically monitor and rebalance the portfolio as needed.
Some popular robo-advisors include Betterment, Wealthfront, and Personal Capital.
3. Cryptocurrency exchanges
Cryptocurrency exchanges are platforms where users can buy, sell, and trade cryptocurrencies. Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units.
Cryptocurrencies are a relatively new asset class, but they have grown in popularity in recent years. This is due in part to the fact that cryptocurrencies can be used to make anonymous and fast payments. Additionally, some investors believe that cryptocurrencies have the potential to appreciate in value over time.
Some popular cryptocurrency exchanges include Coinbase, Binance, and Kraken.
These are just a few of the businesses that are changing the future of investing. As technology continues to evolve, we can expect to see even more innovative businesses emerge that make investing even easier and more accessible for everyone.
The future of investing is bright, and these three businesses are just a few examples of how the industry is changing. As technology continues to evolve, we can expect to see even more innovative ways to invest.
If you are interested in investing in any of these businesses, it is important to do your own research and understand the risks involved. You should also consult with a financial advisor to make sure that investing in these businesses is right for you.