News 

Banks are facing a new breed of competitor, BBVA chairman says

“BBVA Group has more than 24 million digital customers and 19.3 million mobile customers” writes Silvia Amaro for cnbc.com. CEO Carlos Torres Vila said earlier this month that 36 percent of the lender’s customers use mobile banking and that 45 percent are digital customers.Banks need to start paying more attention to the technology sector as this is where their future competitors lie, the executive chairman of Spanish lender BBVA said Wednesday.”Our competitors are not going to be the banks, generally speaking. Source: cnbc.com Share This:

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Crypto Markets News 

Circle adds a Buy the Market feature that lets users easily buy seven different crypto coins at once, weighted by market value; CEO says none are securities

“Crypto exchange Coinbase said in March that it was rolling out an index fund for accredited investors that tracks the four coins on its marketplace” writes Lily Katz for bloomberg.com. But unlike Coinbase, Circle has set a low investment minimum and is offering its product to retail buyers, opening up to a larger pool of potential investors, Allaire said.Circle Internet Financial Ltd., a mobile-payments and cryptocurrency-trading firm backed by Goldman Sachs Group Inc., is making a push to become the go-to destination for first-time Bitcoin buyers.Customers can invest as little…

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Markets News Stocks 

Use This Simple Investing Strategy to Stay Ahead in a Rollercoaster Stock Market

“Historically, the market looks six months out, and as the last six months were strong, investors were pricing that in” writes Fbb Capital Partners for thestreet.com. In order to understand the thinking behind the sector rotation model, we need to take a look at the stages of the market and how different sectors respond accordingly.While this is all true, the reasoning may not be the market; instead, it could be that your portfolio is stuck in 2017. Source: thestreet.com Share This:

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Impact investing and dividends — just one combo that uncovers rare alpha

“In fact, an ESG overlay on a high dividend yield strategy would have improved its returns by nearly 3 percentage points a year” writes Anora M for marketwatch.com. In a world of elusive alpha and passive index investing, the path to enhanced returns lies through combining socially responsible and impact investing with another factor, such as dividend yield of value, according to analysts at Bank of America Merrill Lynch. Source: marketwatch.com Share This:

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News Stocks 

When Your Investing Robot Has a Mind of Its Own

“Not many people would keep adding money to a brand-new investment that has lost 9% in its first four months” writes Jason Zweig for wsj.com. But a robot will.That’s what has been happening at Wealthfront Inc., the automated online investment manager, or robo-adviser, that manages about $10.5 billion. In January, the firm launched Wealthfront Risk Parity, a mutual fund […].  Source: wsj.com Share This:

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News 

A new multibillion-dollar investment revolution is being led by this woman

“It said it would launch many more impact investment products under one umbrella, led by former Robin Hood Foundation president Deborah Winshel” writes Atta Kenare for cnbc.com. Peris Bosire and Rita Kimani should by all rights have had venture capitalists knocking down their door.But there are a couple of problems: They are women, and they are in Kenya, which most of the world’s venture capitalists see as risky.Money is pouring into a new kind of investment strategy — impact investing — aimed at finding and reaching companies like Bosire’s, with…

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Markets News Stocks 

Younger Americans aren’t investing in the stock market—researchers think this is why

“If you go about it carefully and follow the advice of the experts, investing in the stock market can pay off” writes Shawn M for cnbc.com. Even “a decade after stockholders lost trillions of dollars, younger Americans are still leery of investing their money in stocks.”. Researchers point to the 2008 market crash and the market’s latest volatility as the main reasons why.But still, according to a new poll from Gallup, less than half of young Americans are putting their money in stocks. Source: cnbc.com Share This:

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Crypto Markets News Platforms 

Investing Platform eToro to Launch Cryptocurrency…

“Online investment platform eToro has announced that it will be launching a cryptocurrency offering in the U.S., enabling users in the country to invest in 10 digital currencies” writes Rebecca Campbell for livebitcoinnews.com. Starting yesterday, U.S. users were able to visit the eToro website to join the waiting list for the platform.Within the platform, our U.S. users will find rich knowledge and insights into how to effectively trade and invest in cryptocurrencies.Before the platform goes live they will be able to experience the interface and perform mock cryptocurrency investments via…

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News 

This is the worst investment advice you can get

“It was a direct result of following what I now consider the worst investing advice you can get” writes Chris Mamula for marketwatch.com. I disagree that investing is complicated and requires professional help, but that’s only the precursor to the worst investing advice.The worst advice, which I read and hear frequently, is that you should find a good financial adviser by seeking the recommendation of someone you trust.I assumed they were getting good advice at a fair price.The odds of your childhood best friend, the person in the cubicle next…

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Markets News 

New Saudi Arabia-focused ETF aims to woo international investors

“Saudi Arabia today is reforming, it is changing and generally investors who look at emerging markets, they look at emerging markets that are reforming, not the static emerging markets,” Lemand told CNBC’s “Capital Connection.”” writes Huileng Tan for cnbc.com. Saudi Arabia is transforming economically as the kingdom moves from its traditional heavy reliance on oil, but investors have few avenues to invest in the booming market.In March, index compiler FTSE Russell decided to add Saudi Arabia to its emerging market index starting in March 2019, and index giant MSCI will…

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