DeFi — short for decentralized finance — is a new vision of banking and financial services that is based on peer-to-peer payments through blockchain technology. Via blockchain, DeFi allows “trust-less” banking, sidestepping traditional financial middlemen such as banks or brokers. What’s in it for investors? DeFi promises to allow investors to “become the bank” by … Read more
Bitcoin is a cryptocurrency that’s encountered some wild swings in its price since it was first introduced in 2009. It’s been a roller coaster ride, especially in the last few years, and many traders have plunged into bitcoins, with some having made millions, while others have suffered great losses. If you’re considering this decentralized version … Read more
If you’re not an expert in money matters, choosing a financial advisor to manage your money life can be a tough decision. It’s almost impossible to know every financial arena well because they can be so specialized. Estate planning is completely different from picking the right investments, for example. Managing a portfolio is different from … Read more
Thomas Barwick/Getty Images Financial advice can be a bit of a Catch-22 — you often need it when money is tight, but financial advisors usually charge fees for their services. And because money is tight, you may not be able to afford that cost. Fortunately, there are many ways you can find financial advice that … Read more